"What's Your Best Price?"

Simply, the answer to that question should be "the price that, after the deal is done, both parties feel that they are in a better position than before the deal was done."

I think the seller is a moron if s/he does not consider any interest as a potential sale. Be polite and sweet, give them 5-10% off your price, clinch the sale.

In addition, it does not matter the IQ of the buyer. Their money is still good.

I have asked that question. Guess what? In many cases we've made a deal. I've been asked that question. Guess what? In many cases we've made a deal. If it's OBO the price is negotiable. When I ask a question, I'm serious about buying. Plus I have money. If I'm ignored, that's a lost sale.

How about when the seller's posted asking price is way too high? Why should I just ignore it if it's an item I want? It works both ways. When I ask a seller what their best price is, it's so I can gauge how flexible he/she is without actually insulting them with what they might think is a lowball offer.

Anyone that asks any question is a potential sale. Money is money. Business is business. A deal's a deal.

its obvious that from the sellers point of view the best price is the highest price he can get., whereas from the buyer's vantage point the best price is the lowest price enabling him/her to purchase the component.

so, if a buyer asks the question "what's your best price", tell him that it is the listed price, because that is the price the seller would like to receive.

if the buyer wants to buy the component, he will probably offer a lower price.

some ads do not include "obo" . this doesn't mean, a seller won't accept less than his stated price.

a little humor sometimes helps.

@Mrtennis... If the sellers only replied with "the listed price" there would be many unsold items. Negotiations are part of the process. That's how items get sold.