Audiogon Anti-Lowball Offer setting


Hey everyone,

I don’t know if you all saw this but I got an e-mail from A’gon stating they have a new feature in place to hinder insane lowball offers.

After you log in go to your Account and select Edit Account. Then scroll down in the Policies section there is a check box to automatically reject lowball offers.


Policies

Lowball offers

Automatically reject offers below 55% of your asking price,

I wish this could be user specific. I would have set this to 45% off of listing price for my tastes but it is a start for Audiogon.

Thanks
128x128jedinite24
I’m currently trying to sell an Anthem I225.  I’ve had 7 people over the past 2 days say they are buying it.  I answer all their questions, e-mail back and forth and then they go cold. 
I’ve only done this one time and I felt horrible about it and in retrospect, probably should have gone through with the purchase.  I have never arrived somewhere, demo’d a unit and then negotiated further after we had already arrived at a price.  I friggin hate that, especially because I sell my stuff at lower than average prices.  
I’m going to try to sell my Anthem today at the same low price that the others beat me down to, to another new buyer.  I figure if I’m giving someone a good deal, it’s not going to be the low ballers.

The way people place little to no monetary value on experience and knowledge is quite telling of the buyer.  I’m saying this in response to people wasting sellers time (usually at brick and morter stores) milking them for info and demo’s only to go buy from the lowest price seller.  Most people would dis their grandma in order to save $5.  
I've found that there are many "flippers" out there that want something for as low as they can get so they can flip it.   There is an audio blue book out there, which I have actually seen at some of my favorite dealers.  There is an average sale price for most used items.  Most reasonable people know this and know what something is typically correctly priced at.

Therefore, they know what they should or shouldn't offer for an item.  The ones that are "flippers" or worst, people that want something for nothing, will offer extremely low prices, hoping someone is desperate.

I don't get it, but some are like that.  I know what a fair price is for an item I am interested in or that I am selling.  Fortunately, I am not desperate and I won't give something away (unless it is to a person I like). 

My advertisements (when I sell) say clearly that Lowballers will be politely ignored.  I typically price an item to sell, so it is already at the low end of the blue book price.  This means that I don't have much room for negotiations.  But I get lowballers anyway.  I guess to them it can't hurt to ask, but to me, it is stupid and insulting.

enjoy
I have been using the lowball option for some time and it does save  in dealing with a lowball mindset.  Now if there was something that AudiogoN could do to stop the late night "drunken" (or impaired) buyers that come up with a lame excuse the next morning to cancel the offer.  Happens to me once a month, but i have bought things I shouldn't have gotten to save face, more than once :)~