What's up with the ridiculous offers?!?


Is it just me or are the high volume of low-ball offers surprising anyone else?

Example: I list an item at 60% off what a current, desirable  component sold for new, and I get an offer for half (or less) of what I am asking! I've have been buying and selling high end audio & video gear for over 40 years and I know the value of gear, but I have never experienced such an destructive trend. I expect it from Craigslst or at a garage sale, but not from Audiogon.

I understand an occasional low offer, and it's usually accompanied with an explanation or apology for the balz it takes to make such an offer, but I am getting absolutely offensive offers for more than 75% of what I list.  

Are there any other sellers that would like to commiserate with me? Am I missing something? Is it just me?

- REV
128x128Ag insider logo xs@2xva6007

"I agree with jmcgrogan2, negotiation starts from someone making an offer and negotiate"

negotiation stars the moment you list something for sale
negotiation stars the moment you list something for sale
Is this a new feature in Agon?  Listing AUTOMATICALLY negotiates by itself once listed?   

schubert2,777 posts01-25-2016 10:28amWhats something worth ? What someone else will give you .


I think this is the 1st time we agreed ... what someone else, a BUYER, will give you.  Only STUPID sellers negotiate with him or herself.




The OP may well have been one of those dealers who lowball offers here in order to buy cheap and resell that have been mentioned.   Trying to deter the competition.
You don't have to respond, and if you decide to respond, just say thank you, no.  No explanation required.

An item, any item (car, watch, art, audio equipment, camera, etc.) is worth exactly what someone is willing to pay. Regardless of what you feel the item is worth is really irrelevant.

You can post the item and list a price and the negotiations start from there.  If you are firm in your price, then say that, and ignore anyone that lowballs. 

If a buyer is really serious, then they will contact you with a serious offer.

I collect rare books, watches, classic cars, etc.  I can tell you there are two types of buyers.  1) the collector and 2) the dealer.

The collector wants that item and is willing to pay near or above market prices for that item.  The dealer simply wants to flip the item and therefore, they want to pay pretty much nothing for it, then turn around and flip it for as much as they can.

No difference in the audio industry here on audiogon.  You don't know whom you are dealing with. I try to not be desperate to sell something and therefore, I can list the item at what I feel is a fair price based on market values.  Maybe slightly lower than the average market rate and I typically have no trouble selling the item.

I ignore the lowballers that come in with stupidly low counter offers. 
Someone will eventually want the piece.

enjoy