Audiogon Anti-Lowball Offer setting

To me this lowball offer setting is like eBay’s auto decline offer setting but the only difference is the user can set the tolerance while here it is fixed. Definitely there is room to bargain in any sale but IMO the lowballing has just gotten out of control across all selling sites. I’ve listed all sorts of items on various selling sites. Before listing and setting my starting price I look at comparable completed sales, take the average of those sales and list at that price. To me that is a fair market value price. Then as soon as I list I get 50% to 70% off of that price constantly. I wish I was like TonyKay and others that can just let BS not bother them but after awhile of constant BS I start getting very angry. It gets frustrating when you research to set a fair price and repeatedly get slapped in the face with lowball offers. It is such a waste of time. I’m beginning to laugh at the stupidity of the offers but there are times my patience just wears thin.

To me this lowball offer setting will make the A’gon user experience a lot better and deter the idiot bottom feeders. At least that is what I hope will happen.

Hi Rodman9999

You got me. I feel real dumb. My math was way off on that 45% part of my comment. From looking at some historical sales I actually follow maplegrovemusic's formula. I'll accept 20% off of list. Sometimes 30% off of my list price depending on the situation and buyer. I'd love to have that setting that if any offer is below 35% off my listing price the offer would get auto declined. That and the buyer should only have a limited amount of offers to send to a seller. Ebay sets the limit to 3. Maybe a'gon should set it to 5?

I am of the opinion of 'send all offers', I am never offended by any offer. For any offer you consider as 'low ball', it means you need to educate the buyer, move the person to move their price up.  This is sales, 101.  Years ago I had a person offer me $100 for an item listed at $1100, worth about $900. Four emails latter I had the person at $800, and we closed the sale. No, the buyer was not Trump. 

Anyone offering up silly offers do not care if they buy what you are selling . It has happened where a buyer started low and after numerous counter offers by me got within my asking price ,then a new bidder comes along with the same offer . Who do you think i sold the item to ? Well that does not really need to be said does it ? The most frustrating aspect of the lowball bid is seeing the email that you have an offer . You think great i most likely have a sale . You get your hopes up and turns out to be that lowball crap . Thats the biggest reason why it sucks !

agree with Maplegrove. unless you are a dealer the lowball offer is really not even a nuisance. it does seem as their are more offers for 50%+ off asking price, there are also mant used items where the asking price is 15% off MSRP, actually more than the item would cost new...