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Why Offer A Bo Option If You Aren't Willing To Haggle At All

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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/02/2014  5:07 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply

Quote:
Truthfully, I do not think from the reply I got, with the counter, that this seller's counter was due to being insulted. Had I offered 5200, I still think the counter would be 5700. They just have no clue what they are doing and think that they will get almost full retail which is just not reasonable or likely - IMO.


You don't know this seller was insulted... this seller could be impressed and see you as an advasary with good haggling techniques...and countered aggressively hoping to step up the pace ... you can't make inferences on what the other thinks if they themselves don't tell you.


Quote:
If he doesn't want to negotiate that is fine - but then don't offer a BO option if it is a waste of others time!! Again, from what he said in the response he did not indicate this was a "get lost" offer at all. Just another unprofessional seller with no clue what they are doing.


but he DOES want to negotiate... he replied to your offer... if anything it sounds like you didn't like his counter ... big deal it's his coin and he has the right to counter with what ever he wants...


Quote:
I have bought coins for less than 33% of BIN


I would say you have some great haggling skills.... so why is it that you're making such a huff when you come across a seller that haggles back? Do you feel entitled that EVERYONE should be giving YOU such a discount?


Quote:
jdmern, the point is not that I want someone to sell me something at my price. It is that many sellers, even of hi $ coins, are unrealistically naive to think they will get 99% of their ask out of a BO negotiation. If they don't want to haggle - then that is fine - just DON'T WASTE OTHERS TIME then suggesting you will haggle/negotiate by checking the BO option, then not ACTUALLY BEING WILLING to negotiate. Or not negotiating realistically or rationally!


This seller is willing to negotiate... if they weren't they wouldn't have come back with a counter... what seems to irk you is that they didn't "come down" that much... it's a game my friend ... play it!


Quote:
The point is not "how to negotiate 101", some obviously have no clue how to haggle and likely get the worse end of it more often than not - so I am not trying to help on that front. Rather it is how many sellers waste buyers time with BO items they aren't willing to haggle on at all in reality.


Acutally your whole thread here you've been complaining how this individual comes back with a price so close to their orginal BIN... that IS a haggling technique... you may not like it... but it is a technique... Now if they keep coming back to you with a price so close to the BIN.. then perhaps they don't haggle and this would be considered a waste of time.. but if this is only the first counter.. well then they're doing exactly what you are... working out the best price...


Quote:
Not that the purpose was to debate haggling, but I almost never offer my TOP on a first offer. They allow 3, I tend to plan on using all 3.


Exactly.. and the seller also knows this... one down... two more to go... so what are you going to do? Sit on here and complain how you don't like how a seller counters your offer... or try to find a middle ground and make a deal


I'll be honest the first time I read this thread it came across like you felt entitled to the coin to be purchased more on your terms... it still reads that way... I don't know what coin you're talking about so I have no opinion on whether your offer would be even considered insulting or not... but you made the point yourself if a seller was insulted by an offer they can easily ignor it...

So in essence the only "WASTE OF TIME" has been the amount of time I've spent reading this rant on how someone countered and you really didn't like their counter and making a reply.. Understand that somewhere there is a seller right now probably posting a thread on some other coin forum about how this buyer offered 1800 less than their original BIN price... sure when the price goes up there's a bit more wiggle room... point being a good negotiater will be able to find that happy medium for both buyer and seller.... and not feel entitled the other HAS to make $xx.xx type of an offer..

Hope you get the coin you speak of... if you don't... either the price was unreasonable or BOTH negotiators couldn't work out a deal... It's NEVER just a one sided situation in mediations.
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LincolnGuy's Avatar
917 Posts
 Posted 06/02/2014  5:09 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
Pertinax for something worth $130 with a price of $250 obo I wouldn't even bother trying to get it for cheaper. Thats just too far out of the ballpark. Both parties have to be realistic. I mean OP offered the seller 70% of the asking price. While a little on the low side, it is a something you can work with. Had he made him a silly offer like $2000 I wouldn't even be here defending him lol. The dealer came down 1% with his counter offer. I mean that's like looking at a house they are selling for $100,000 and offering $70,000 and getting a counter offer of $99,000. Or offering $70 on something that is $100 and getting a counter offer of $99.

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jdmern's Avatar
United States
1949 Posts
 Posted 06/02/2014  5:27 pm  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
First, I want to say this is one of the best discussions I've seen on CCF in a while on anything and there are certainly valid points being made on both sides...

Secondly, I sell a good bit on ebay, mostly buy it nows. There are two things that drive me nuts, one being truly absurd offers (like the aforementioned $1 on $130 coin), but the other is when someone will send me a best offer with a rude message saying how overpriced my coin is, or send me a message with the best offer with false information to try to get me to accept a lowball offer. For example, on a bulk lot of 09VDBs, I received a lowball offer that came out to $2 a coin. I countered back with only a small amount off of the original listing price, and the seller countered with an offer that came out to $2.15 a coin, along with a message stating that the going rate of 09VDBs is $2 a piece and he was being generous. That type of buyer drives me crazy since I'm sure they wouldn't try it unless it occasionally works.

At the end of the day, anyone who is a serious seller isn't just listing coins for the fun of it, they are listing because they are selling the items. Just because you are not willing to pay what the seller wants or is willing to accept does not mean the seller is 'wasting your time' or anyone else's. If someone really wants the coin, the person will pay what the seller wants.
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buddy16cat's Avatar
United States
1536 Posts
 Posted 06/02/2014  5:41 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Of course you may not know how to haggle. If you watch Pawn Stars, the Old Man stated to a seller, you go high, I'll go low. That is what happened, you went way low, $1800 low. Depending on what it was you may have went way below actual wholesale and the seller may as well lost money on the deal. That is what happened I think, you went low so he went high.
Edited by buddy16cat
06/02/2014 5:45 pm
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edweather's Avatar
United States
7375 Posts
 Posted 06/02/2014  6:19 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Wow, what an amazing thread. People do business in different ways. I do business with people who fit my business strategy. If they don't fit, I just move down the road. Nobody is right or wrong.

I had a very interesting negotiation a few months ago. Made an offer on a coin and the buyer not only rejected my offer, but blocked me. I sent them a nice message and asked them why. They responded with their answer. My feelings were a little hurt, but too bad for me, it's their business. So my curiosity got the best of me and I went to my other ebay account and made another offer just a little higher. Amazingly they accepted and didn't even negotiate me up in price....go figure. The seller was a well established seller with many sales.

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Bassmaster's Avatar
United States
1130 Posts
 Posted 06/02/2014  8:40 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
agcoinau And this is a very good thread, I like it. Now, did you offer back after he sent $5700?
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silverwolf's Avatar
Canada
3733 Posts
 Posted 06/02/2014  9:21 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
That was my whole point above, you really can't judge a seller until you have but in your second offer, if you come up a couple of 100, and he only comes down 100, then he really isn't going to move into the range that you would like, I am sure a lot of sellers don't move as much on the first offer, they too want to see how much the buyer is going to jump up..on their second offer..
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Bassmaster's Avatar
United States
1130 Posts
 Posted 06/02/2014  9:24 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
That's what I do most of the time.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 06/03/2014  08:44 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
The whole negotiation thing is over rated. If I'm selling I know just about what I can sell for. If I'm buying I know what I can afford(or am willing)to pay. Anyone that believes they are going to change those numbers by making 3 successively higher/lower offers is wasting MY time. Unless you are dealing with an uninformed buyer/seller and/or one that has a personal crisis that requires them to get cash quickly you absolutely will not be able to get them to come off their pre set number.

Finally, I have to agree with some of the other posters. The buyer in this instance made an offer that was unacceptable to the seller. The seller then decided to counter with a slightly reduced price.....which is a legitimate negotiating tactic generally intended to let the buyer know their offer isn't even in the ballpark. At that point it's up to the buyer to make another offer or move on.
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/03/2014  10:13 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I leave a little wiggle room when I list a or Best Offer. The amount of wiggle room is directly proportional to the time (in weeks) that the coin is on ebay...for most items. Your mileage may vary.

Uninformed buyers really steams my beans. After I submit a counter-offer to a ridiculously low offer, I have gotten the a response similar to "I can get it for this price (name your favorite auction/B&M store)". I kindly reply back in so many words; "Continued success in your quest". I usually don't hear from them again.
Edited by oih82w8
06/03/2014 11:01 am
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Bassmaster's Avatar
United States
1130 Posts
 Posted 06/03/2014  10:50 am  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply
With both of you. I leave wiggle room if I list a BO also.
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Paul Bulgerin's Avatar
United States
3098 Posts
 Posted 06/04/2014  11:02 am  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
I sell on ebay and most of my listings are "Buy It Now" ones that allow for offers to be made. If someone offers about 80% of my asking price I usually accept.

I did not appreciate the recent offer of $10 for a $100 AU Seated quarter. I rejected that and the "buyer" came back with an offer of $11. Needless to say he does not own the coin.

I normally send a polite note with my counter-offer on a serious offer stating why I am asking this much.
Paul Bulgerin
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BuffalosRock's Avatar
United States
500 Posts
 Posted 06/04/2014  11:37 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
That's part of my point, any reasonable seller who lists with a BO option should leave some REAL wiggle room or they are wasting other's time. Of course I didn't make a second offer - there is no negotiating/haggling with absurdly unrealistic sellers. Anyone whose first counter is 99% is beyond reason and professionalism. If they NEEDED 5650 or whatever they should just list it at that and then I would never have looked twice at the listing. Offering a BO and then not REALLY wanting to negotiate and not being willing to haggle in good faith is what is such a waste of time. It is playing games IMO which is silly with $100 coins let alone 4-figure ones.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/04/2014  12:02 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
So... you didn't try a second effort to get the coin... hrmmmm Guess you really didn't plan on using all three of your offers as you said....

And don't worry I get your point.. as you've stated his counter from your offer was absurd.... Perhaps he's a bad negotiator .. or perhaps like others have said... perhaps he was sending you a message that YOU needed to up your offer...

Look if it helps you sleep at night.. you're totally right... this guy is SUCH a bad negotiator.. he's completely off his rocker!! (sounds like you're looking for agreement on this thread anyways and you argue anyone that provides anything in the way of a different opinion or criticism)

If you really wanted this coin for your collection... I still think there was room to make this happen..... I think you're fixated more on the principles of this issue and less on the coin....

You will have to excuse me if the inflection of this post is a bit too critical... but like many I find such great merit in the subject matter of this thread but I tire easily of people that are seemingly reluctant to see another's perspective in negotiations ... and I have also quickly grown tired of how you constantly remind us how you purchase "4 figure" coins..

I will hold to my initial statement ...


Quote:
It's NEVER just a one sided situation in mediations.


So whilst you point one finger at this seller saying he is completely unrealistic just remember three other fingers are pointing right back at you by your own hand..
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jpbone's Avatar
United States
1959 Posts
 Posted 06/04/2014  12:25 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
I'm still waiting for OP to use his other two offers. Until that's been done, how can we complain the seller wasn't willing to make a substantial negotiation? A whole lot about nothing really. Maybe he has $5500 in it and wants to wait for several offers come in to feel out where he is for a week or two, then negotiate. Maybe a kangaroo escaped from a nearby zoo and distracted him from focusing on negotiating with you? Who knows? I say move on.
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