"What's Your Best Price?"

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.

This response is in defense of a WYBO actually closing w/a handshake I might add. Personally I make all types of offers usually full price but my most recent was regarding a several thousand dollar transaction on a OBO offer to sell. Upon receiving my offer the seller simply replied taking off one hundred dollars and agreed to meet part way which saved me shipping expense. Since he came down such a small amount I assumed he was actually firm on his offer to sell and agreed to the purchase at that price. We have emailed each other since then. I feel this transaction was the start of a good freindship. I feel if I post an offer to sell. Then receive a WYBO I will drop my price towards the ultimate number I intended to sell it at. If it works fine if it does'nt fine to. At least I know then that the prospective buyer was not serious in the first place if it does'nt work out.