The issue of lowballing... What does that mean?


I LOVE Audiogon. I have purchased and sold many items here and it is a wonderful resource for audio nuts of every variety. Big solid state, tubes, analog, vinyl? Sure it all goes.

So I see posts that are make offer but the seller says "lowballers" will be ignored, vilified, cursed and cussed. So why have a make offer sale? Something is worth what someone is willing to pay for it. It doesn't matter what you paid for it, or how much you love it. And why be upset? Declining requires one mouse click. Countering maybe five or six clicks or keystrokes. Just curious as this is a commerce site.

I have received offers that seemed really low to me, but I am still happy to have interest and I always counter offer. I recently sold a Clearaudio TT for a lot less than I thought it was worth. But all the offers were low and I had to rethink my view. It ultimately sold as a real bargin but I'm happy and so is the buyer.

Your thoughts?
superbike
When someone sends a "lowball" offer, they know it. I don't really think anyone ever sells for that kind of price. Here is an example. A $7000 pre/pro, (current model) with a warranty. Offer comes in for $800. Does anyone really think the seller might take that? I highly doubt they think there is any chance of that, so why even do it? Its a waste of time for both. Granted, its not any effort to ignore it, or simply decline it. Usually these are zero feedback members. If people would try to be realistic, this wouldn't even be a topic for discussion. This is Audiogon, not fantasy island. I don't do it, and I personally find it irritating.
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Well, if I was crazy enough to make an offer on these I'd have to lowball!:

http://www.ebay.com/itm/Rare-B-W-Nautilus-802-Loudspeakers-Bowers-Wilkens-Red-Cherry-/261176662199?pt=Speakers_Subwoofers&hash=item3ccf5798b7
ZYDO nailed it:

IN partcular:

" ... When someone sends a "lowball" offer, they know it. I don't really think anyone ever sells for that kind of price. .. Its a waste of time for both. ...I don't do it, and I personally find it irritating...."

IMO it goes well past simply "irritating" and takes it into "insulting" by all-too-many time-wasting bottom-feeders.

There used to be an honor code and an accepted /expected sense of fairplay in this hobby that is frequently now being ignored. These latter types also ignore the time honoured axion that says that if you are a pig you get fat, but if you are a hog you get slaughtered.

Result: I ignore the lowballers, also take note of them and brand them as such, and keep them out ad infinitum.
Well there certainly is a difference of opinion. And I guess in a sense that is the joy and mystery of Audiogon.

ZYDO and AKG take offense to those who would offer less than the value they believe appropriate. AKG to the extent that he notes the offender and brands them! (I'll bet he is hoot at parties).

Both posts fail to address the original questions of the post. If you are offended by offers why not make it a fixed price sale? And please don't say because some discount is OK but more than the mythical number you have in mind is offensive. That's just silly. Either you demand a certain price or you don't. The effort in not responding is ZERO.

I love Agon and it's been a great resource for me. It allows me a great forum to sell items I no longer need and to look for things my local dealer does not have. But first and foremost it is a COMMERCE web site. You PAY to use it. It's not a secret society and your ad, nor your affinity for something you are selling makes you better or worse than anyone else.

If someone offers you 1/10th of a current model product (and I've never seen anything resembling such an offer on the items I've sold), I'd suggest ignoring it, and maybe having a nice glass of wine or an ice cold martini (or heck fruit juice). Because in the final analysis it's the internet and life is too short to be cranky.

Cheers!