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 Replies: 32 / Views: 5,373 |
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CCF Advertiser
United States
1533 Posts |
I've slowly been removing all Make Offers from my store as I'm tired of people offering me 50% of my reasonable prices. I just put what I'm willing to take for it. If someone wanted to argue with me about something with a make an offer on it, I might block them too.
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Valued Member
 United States
282 Posts |
Andrew99 - good to see you on this thread. If only all sellers did what you are doing (i.e. have realistic prices) we would have a much better marketplace and buyers would have no need to so called "lowball".
Edited by syeb
07/05/2016 3:56 pm
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Pillar of the Community
United States
7375 Posts |
Check out my store, and make me some low offers  I don't care how low the offers are, but that's me. Just continue to do business the way you want, but don't take it personal the way others do their business. Like others have said...just move on...to my store  |
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Valued Member
United States
282 Posts |
edweather - if you have capped bust halves for sale I will find you!
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Bedrock of the Community
United States
10982 Posts |
I agree with oriole 100%: Quote:
I would rarely ask for more than 20% off the asking price of anything. So if something is that much over-priced I would not even bother......Find other people to buy from. And I would use the "auto-decline" feature if I was the seller in question. It can help avoid headaches on both ends. |
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Pillar of the Community
 Canada
5397 Posts |
The best way to avoid low offers is for the seller to use the tools offered . You can set the lowest amount you will see and the rest are automatically declined. Then as a seller you can avoid any potentially obnoxious situations , either buyer or seller. ebay is a very positive selling experience for us, I have been able to sell coins on the internet that would have sat forever in my shop or never even gotten a look at a table at a show. Seller has every right in any any kind of establishment , store , online business, or restaurant to refuse service to anyone for any reason, so long as it does not violate a persons human rights. The right of a seller to block any bidder on ebay is Perfectly OK. No reason at all is needed. Our blocked bidder list is not long but every name on there has earned a spot. |
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Valued Member
United States
282 Posts |
I have never used the auto-decline feature as a seller. Is there a way for a seller to see the declined offers? Otherwise he would run the risk of losing potential customers.
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Bedrock of the Community
United States
94367 Posts |
Pacificoin - Well said. There are some dealers who would be surprised if they had a 70% offer, but for the most part, don't even waste your time.  Edited by Coinfrog
07/05/2016 6:25 pm
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Valued Member
United States
282 Posts |
While we're on the subject, consider this scenario: For sale: An early 1800's NGC/PCGS graded AU level silver coin. Price levels available to the buyer: Recent ebay HA, SB, & Legend sales over the past 6 months ranged between $600-$1,000 for the same date but with varying Overton die varieties/ rarities, not always obvious. Some with CAC. Numismedia value $800 PCGS price guide value $1100 NGC value $950 Most recent RedBook value $1,000 The seller offers the coin at $900 with "Best Offer" Since pics cannot always differentiate between levels within a grade, is a buyer being unreasonable by sending an offer of $600 (the lowest recent sale price) or over 30% less than the listing price? If the seller believes the coin is of a better quality, why not just let the buyer know the facts, or at least the seller's opinion? Then the buyer will at least have the opportunity to discuss the relative quality of the coin rather than being safe and assuming the worst. The buyer may be perfectly happy to pay much higher, even close to or at the list price in this situation. By automatically declining offers, the seller is doing himself a disservice. That is why when I sell with Best Offer, I never use auto-decline. Not to mention the knowledge of what offers are coming through is helpful in gauging interest. |
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Pillar of the Community
 United States
2843 Posts |
Quote:
Is there a way for a seller to see the declined offers? Otherwise he would run the risk of losing potential customers. There is a way to see declined offers. When you go into your own listing, they are shown. However, I can't see your logic. How are they potential customers? A) Once an offer is declined you cannot accept it. B) You should set your auto decline number to a level that you are sure you want to decline. If you may accept such an offer, don't auto decline it. |
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Valued Member
United States
282 Posts |
My logic is twofold. First, auto-decline makes the assumption that a low offer indicates that the buyer will never meet the seller's price. This is a fallacy, as I've stated earlier that an opening bid is potentially significantly below the maximum purchase price the buyer is willing to pay. It just represents the opening move in the chess game.
Second, by using auto-decline the opportunity to counter and perhaps make a sale is lost.
My point in at least seeing the declined bids is the opportunity to contact the bidders to work out a deal if possible.
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Pillar of the Community
Australia
7096 Posts |
I have found the best way to deal with lowball offers is Not to reply to them and let the buyer just hang there until the offer expires. They only get 3 shots at it and it is no skin off my back to just ignore them  |
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Valued Member
United States
282 Posts |
Maybe it has to do with volume. I only have 20-30 listings at a time so it is not a big deal to respond to each offer. I guess for a high volume seller with hundreds or thousands of listings, that would be impossible.
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Pillar of the Community
United States
946 Posts |
I've actually had fairly decent success in making reasonable offers. Someone had a coin I wanted for 700 OBO. I checked the number,saw what PCGS price guice was and made a offer a few dollars higher then that. I think dealers also list some items high,just to be able to hear out and then counteract offers. I've actually been surprised a few times when the sellers accepted my offer. I guess if it doesn't happen,just move on and wait for the next score.
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Valued Member
United States
282 Posts |
jdiablo - just be wary of PCGS or other price guides. They tend to be wildly inflated and out of date. Better to gather the raw data from actual sales on ebay, Heritage, and other auction sites. |
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Replies: 32 / Views: 5,373 |
First Page
Posted 07/05/2016 3:52 pm
