I recently had to change my mind and renig on a prospective purchase of two mono amps that I have been looking for forever because of a tragic turn in my life that demanded my immediate attention and made it so I could not focus or afford the amps. The seller was first very upset when I backed out, but later sent his sympathy and understanding. Not the same as low offers but just thought I would say this.
For low offers, when I try to sell equipment I first, typically price at or below the current market value to ensure a quicker sale. So, typically I don't have much float on my price point for sale. So, I respond to the potential buyer that either my sale price is firm or counter with another price.
However, you all are aware of the art of negotiations. reading this subject post and subsequent responses, I noticed that many are acting as if they have never tried to purchase a car. Do you for one minute believe that dealers are actually listing the car for sale at the correct or lowest sale price? Of course not! So, you investigate what the sale price should really be by doing your homework. How much did the dealer actually pay for the car? Did the factory give the dealer some kickback incentives that if you knew about you could exploit in your negotiation? etc. there are many more. So, what makes me believe that the seller is listing their equipment here for a fair price and didn't escalate the price? There are just as many flippers on Audiogon as with any other site. They buy as low as possible and raise the price to very high prices and try to get as much as they can.
This low baller complaining goes both ways. I will pay only what I feel is a fair price and it is up to me to determine what that is. If I don't like the price (because I know the equipment isn't worth the listed price), I either walk away or offer something lower. That is not low balling in my opinion. The seller (many times me) can either accept the offer, negotiate something different or walk away also.
an item is worth what a person is willing to pay for it. It is really as simple as that. Look at the $150,000 cars out there. Or amps priced at $60,000 or higher. Speakers and other equipment also. Do you really feel they are worth that? and then look at the prices a year or so later on the used market for the same equipment. many times at least half of the price. So, we all know they weren't worth what the dealer was trying to sell them for. So, you negotiated a lower price. This isn't low balling, this is fair negotiations.
enjoy and Happy Holidays.
For low offers, when I try to sell equipment I first, typically price at or below the current market value to ensure a quicker sale. So, typically I don't have much float on my price point for sale. So, I respond to the potential buyer that either my sale price is firm or counter with another price.
However, you all are aware of the art of negotiations. reading this subject post and subsequent responses, I noticed that many are acting as if they have never tried to purchase a car. Do you for one minute believe that dealers are actually listing the car for sale at the correct or lowest sale price? Of course not! So, you investigate what the sale price should really be by doing your homework. How much did the dealer actually pay for the car? Did the factory give the dealer some kickback incentives that if you knew about you could exploit in your negotiation? etc. there are many more. So, what makes me believe that the seller is listing their equipment here for a fair price and didn't escalate the price? There are just as many flippers on Audiogon as with any other site. They buy as low as possible and raise the price to very high prices and try to get as much as they can.
This low baller complaining goes both ways. I will pay only what I feel is a fair price and it is up to me to determine what that is. If I don't like the price (because I know the equipment isn't worth the listed price), I either walk away or offer something lower. That is not low balling in my opinion. The seller (many times me) can either accept the offer, negotiate something different or walk away also.
an item is worth what a person is willing to pay for it. It is really as simple as that. Look at the $150,000 cars out there. Or amps priced at $60,000 or higher. Speakers and other equipment also. Do you really feel they are worth that? and then look at the prices a year or so later on the used market for the same equipment. many times at least half of the price. So, we all know they weren't worth what the dealer was trying to sell them for. So, you negotiated a lower price. This isn't low balling, this is fair negotiations.
enjoy and Happy Holidays.