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I agree a ridiculous offer like $2 should be ignored.
But if a card most recently sold for $1200, and you've listed it at $1850, and someone offers $800, that's a reasonable first offer. If no negotiation process was envisioned you'd get one offer and not 3. Last edited by Snapolit1; 02-15-2017 at 08:12 AM. |
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I would assume if someone listed a card for 1800 when the last one sold for 1200 that they would deem an offer of 800 too low and potentially worthy of no response honestly. Just my opinion. Sometimes if you contact them by email and say 800 Direct....that may be worth 900-1000 to them and they may counter you in an email at least.. |
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If the seller shows some actual movement down towards what the market has generally valued the card at I will come up more. Last edited by Snapolit1; 02-15-2017 at 08:28 AM. |
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When you make an offer there is a place where you can put a message. Sometimes you can say 800 'but have some room to move' Sometimes that allows for a better chance of a response. Some buyers quote recent past sales which i know annoy sellers as well |
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you may perceive an offer 1/3 lower than recent sale as reasonable...others may perceive this as a lowball offer.
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Question: What happens if the seller counters with $1250 and while they're waiting for your response someone else offers $1400. Is there any mechanism that prevents the sale from going through at $1250 at that point? Or can the first "bidder" scoop it up for $1250 while the $1400 offer is sitting there unnoticed?
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So the $1250 offer is suspended until the seller "sees" (opens?) the $1400 offer?
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any offer that is submitted to the seller that has not expired/not been accepted is sitting there for the seller to accept. The seller could accept a 1250 offer even if a 1400 offer was submitted that the seller chose not to view but it would be hard for the seller to view the 1250 offer without seeing the 1400 offer.
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The seller and person making an offer are always going to see the negotiation differently. The seller could just as easily have come on here and made a nearly identical thread about people making them lowball offers. Neither party would be right or wrong necessarily.
Everyone looks at BIN negotiation differently in my experience. I look at it like David. I make my best offer the first time like the rules state, but I know not everyone does that. If I was the seller with the $1500 list price and received an offer of $800, I wouldn't look at that offer as the start of any kind of negotiation I want to bother with. Ideally the seller would turn it down rather than let it sit though.
__________________
ThatT206Life.com |
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I've been getting lots of offers lately, on stuff I DON'T have "Best Offer" on.
Auctions AND Buy It Nows. I usually politely decline, but it does get annoying sometimes and I don't always respond. I understand if you put "Best Offer" in your listings you should respond, or at least set a ceiling to automatically decline an offer. What's the etiquette for responding when you're NOT trolling for lower offers? |
#14
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Just my take
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The same is true with inquiries on the BST. It doesn't hurt to be polite and respond to PMs, even when you see that you are not going to make a deal. I know that it is difficult sometimes when a buyer is telling you that your item is not worth your asking price. It is also hard to be polite when we are busy, or stressed out. I certainly am not perfect in my correspondence with customers, but overall, I believe that successful sales is all about building relationships. Best regards, Joe |
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If you are using the OBO feature and you don't want to bother with the bottom feeders and grinders, set the automatic decline option with a floor below which you don't want to be bothered. If you don't want to hear a $800 offer on a $1500 item, set the floor where you will hear an offer. If you are using the OBO function and you do not set a floor on the item via the auto-decline mechanism you are indicating that you will consider any offer and the proper etiquette is to respond to them all. You are not under any obligation to counter an offer, especially a lowball one, but you should respond. You also have to consider the raw numbers. I completely understand the give and take on an expensive card but if you are going to grind on a $10 card you're an ass-clown and as a seller I don't want to deal with you. Now as to the OP, any offer of less than 50% of the BIN is not realistic if the real value of the item is closer to 75% or more of the BIN. What you are telling the seller is that you are either: --A bottom feeder looking for a stupid seller; --A tire kicker who never makes a deal unless it is as a bottom feeder; or --A grinder who loves to negotiate and will do so endlessly. Sellers do not like dealing with any of those characters. I am not saying the OP is one, just that if you make offers like one, you will be treated as one. I have a love-hate relationship with the 3 strike limit on the OBO function. Sometimes it would be nice to have 5 options to offer but I also understand how a seller doesn't want to spend an inordinate amount of time on a negotiation. Another category of offeror I don't care for is the guy who waits until the listing is over then makes the offer. Make the damned offer while the item is posted, not once it is already gone. Once the listing is over the offer is spam and it should be treated as such. Needless to say, none of the above pertains to people I know, just to the anonymous eBay troll.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 02-15-2017 at 10:55 AM. |
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Adam: I hear you. Every case is different. It's always been my assumption that when someone lists a card to take offers they are basically conceding that their asking price is not realistic. In many cases a 50% offer out of the box is highly unrealistic. But not if the seller is asking $9,000 for a card that just sold for $6000 last month at a major auction house. In that case I think $4500 is a reasonable first offer.
All depends. Always cracks me up when I see an item on eBay for $9999 that sold 4 weeks ago at Memory Lane or LOTG or Goldin for $5000. News flash: if you were the high bidder the last week in Thanksgiving that means no one out there was willing to pay as much as you did. The idea that there is someone in the weeds who is now going to pay 50% higher than you paid 10 weeks ago seems, well, a tad hopeful. Last edited by Snapolit1; 02-15-2017 at 11:00 AM. |
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what is also funny is in the example you cited " asking $9,000 for a card that just sold for $6000 last month at a major auction house. In that case I think $4500 is a reasonable first offer" If that card was listed for $4500.00, people would be offering $3000.00 and not conceding that $4500 is already super reasonable (which you agree would just be a starting point of your offer) due to the past sales price and not worth risking losing the card to another person who could offer that same $4500 during the back and forth. Last edited by 1952boyntoncollector; 02-15-2017 at 11:06 AM. |
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Last edited by Snapolit1; 02-15-2017 at 11:10 AM. |
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What's the etiquette for responding when you're NOT trolling for lower offers?
I only sell by BIN and sometimes will send an offer back using eBay's "Reply with an Offer" process (I think that's how the button reads) More often than not, I simply respond; "I appreciate your interest but believe the card is fairly priced" Scott
__________________
Please PM if you are interested in Buy / Sell / Trade My eBay Store; https://www.ebay.com/str/thelumbercompanysportscards My HOF Collection; http://www.psacard.com/PSASetRegistr...t.aspx?s=77755 |
#20
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Man ... Lots and lots of assumptions being made.
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I also believe all inquiries/offers should be responded to with a simple decline at the very least. Stupid offers are just that - stupid. But just end it, and be done.
__________________
Need a spreadsheet to help track your set, player run, or collection? Check out Sheets4Collectors on Etsy. https://www.etsy.com/shop/Sheets4Collectors - Hall of Famers Progress: 318/340 (93.53%) - Grover Hartley PC Needs: T207 Anonymous Factory 25 Back, 1914 New York Evening Sun Supplements, 1917 D328 Weil Baking Co., and (possibly) 1917 Merchant's Bakery - Jim Thome PC - Cleveland Indians Franchise Hall of Fame |
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