Is Not Responding To An Offer Just Plain Rude?


Think about it in the context of a BUYER using the Audiogon system - 

1 - “Lowballers will be politely ignored.

What constitutes a lowball offer? Is there a percentage of the asking price below which the offer becomes a “lowball”? If so, what is it? 90%? 75%? ….Is it connected to or disconnected from the length of time the ad has been running?

2 - When the only option is “Make an Offer”.

What am I supposed to do here? Am I supposed to offer more than the asking price? Less than the asking price? If less is OK, then refer to point 1 above.

3 - When the only option is “Make an Offer” and the ad says “price is firm”

What the heck am I supposed to do with that one?

If you’re listing an item with the option of “Make an Offer”, wouldn’t it just be courteous to give the benefit of the doubt to the person submitting the offer, assume he or she is a serious buyer and not a tire-kicker, and just reply one way or the other, in a timely fashion? I mean, there’s nothing lost, right? Just say “NO”. Or make a counteroffer….what’s so difficult?

I just sold a nice preamp to a gentleman who made an offer on it, it arrived with the buyer safely and he’s thrilled with it. So now I have wires hanging loose in my system where a preamp used to be, and it’s almost the Holidays. I found a suitable replacement on Audiogon in the $7K range, made an offer within 10% +/- of the asking price, and…drum roll….….nothing. 

I sat around all weekend waiting for the seller to respond, but they didn’t have the decency to just message me and say no. So I was stuck with the “Seller has 48hrs to review your offer” BS, now I’m back to square one and without the means to play my favorite Kenny G Christmas albums. 

One bandaid fix would be for Audiogon to adopt the ebay system and allow sellers to automatically decline offers below a certain amount. Then they wouldn’t even have to interact with us lowballers and their delicate sensibilities wouldn’t get hurt…..heck, I’d even take a photo of me wearing a mask as I press the ’Submit Offer’ button, if this is a Covid thang…

Whinge over…

Merry Christmas :)



rooze
@millercarbon  Thanks for that perspective. I tend to buy and sell fairly often so I'm not really that invested at the initial offer stage, and I've dealt with my fair share of whackjobs over the years, both buying and selling. (nothing much surprises me).

Think of it this way and see if it gets you closer to where I'm at - The seller pays money to list an ad. They take the time to post pictures and write a description. The seller is really the one who is "invested" at this point, not the potential buyer. Someone comes along and submits an offer on an ad which is inviting people to submit an offer. To my mind, that's step 1 of a negotiation. I don't mind if the person comes back and tells me to sling my hook. That would be part of the negotiation process, step 2, if you like. At that point (and not before), I decide how badly I want this thing and either continue the negotiation or walk away. That's how it's supposed to work, I think, and not....submit an offer....then....silence. 

In this particular case, had the seller responded and said something like "Look, I really want my asking price". I would have paid it, in full. But paying full price up-front without starting a negotiation when someone is inviting an offer, makes no sense to me. 
In the last year Audiogon buyers and sells have gone down hill big time.I have friend with 100% great feedback for almost 20 years the seller told him he was waiting for more offers after he offered him his asking price.These people are on a different planet then the rest of us this is a very sad state of affairs.
Rooze when they don’t respond, I assume they are just busy working. Don’t take it personally, I always just to ignore it as well.
If the seller will only take the asking price he/she should have listed as buy now only. If you submitted an offer of 10% less that is more than fair on your part. It is sure not a low ball!