"What's Your Best Price?"


Maybe it's just coincidence, but I have experienced an increasing number of buyers lately whose only question is "what's your best price?" in response to an "OBO" listing. Should such moronic inquiries simply be ignored -- or is there an appropriate/productive response?
jeffreybowman2k
If you have "obo" (or best offer) next to your price then I feel the buyer is justified to ask the question "what is you best price". Some potential buyers do this so that they don't offend the seller with an offer that he may consider too low. If you feel you should ignore the question and wait for a potential buyer to make an offer then that's your choice.
Bobgates:
So far, not one person in this thread has reported an instance of actually closing a deal with a buyer who began the negotiation with "WYBP?" I would conclude, therefore, that any SERIOUS buyer would either accept the seller's ask, or accept the invitation to make an offer (however low) implied in the specification "OBO."

As a seller, when i specify OBO, I mean YOUR best offer, not mine.
Jeffreybowman2k

Ok, I'll report....I have bought and sold "WYBP" (or terms along that line anyway). It reads to me that others (above) have done the same?...all deals went fine and without a hitch.

That said, thats not my standard mode of buying, ie...if I think the OBO price is fine for that component...I don't even mention price.

Dave
Jeffreybowman2k-
I may ask other questions too, but my initail email usually starts with, what's your best price. By my feedback you can see I've bought a lot of pieces. Someone is selling to me.

E-
If I start my thinking process with: I want-need a new X and I can afford to pay Y, it seems fair to me to start with asking the person offering to sell at Z or OBO if he will come down to Y, if I state that that is my budget, even if Y is considerably lower than Z, as long as I am serious. After we establish he/she will sell for Y, then we talk about condition the equipment and other factors.