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 Replies: 28 / Views: 5,856 |
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Pillar of the Community
 United States
2843 Posts |
Poll Question
This question may have been asked here before, but I haven't seen it. On eBay- the BIN listing option has a best offer feature that sellers can elect to include as an option.
The seller can set auto decline for any offer that is below a stated threshold and an auto accept for offers that exceed a stated threshold. They can also opt to manually reply to each and every offer no matter how low or high.
Now that I have given the basic rules of best offers, here is the question:
Is there a level at which an offer is considered rude, or offensive? Such as a $1 offer on an item that the seller is requesting $100.
Please pick which reply best fits you, or reply with more options that I will add to the poll.
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Pillar of the Community
7234 Posts |
I get alot of offers that are 50% what I was asking and to avoid wasting my time anymore I just set up the automatic decline feature.
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Pillar of the Community
United Kingdom
1273 Posts |
Very interesting question. Thought I'd chip in if I may...
I think it depends entirely on the item. But lets say its a fairly common 19th century shilling, that in VF might catalogue at about $40. If the buyer has it on at $80 or best offer, and there's nothing much special about the coin to make it any different to the others, I might start with a $30 offer, which I don't think would be too rude in this instance. The buyer might counteroffer $60, and we may well end up at around $40 to $50.
It depends entirely on the seller, whether they think it is rude or not. I won't mention the item... but yesterday I saw an item had been listed for £3000 or best offer, but they stated that they hadn't seen another item like it to compare it to so they had just put an inflated value on. I asked them in a message what they would realistically take, and they said about £900 might sway them! A quick and huge drop there.
As a seller myself, I try not to ask for ridiculous prices. If I have a best offer option, it means that there may be some drop in the price, but nothing huge. I think offering £10 for a £100 item is rude, but again, it depends on the item and the seller. Sorry for rambling! :)
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Valued Member
United States
467 Posts |
I try not to make ridiculous offers, but I would not find it offensive, as a buyer or a seller.
I will set my auto decline to the lowest point I will consider and then will entertain anything above that.
If I do not want offers, I should not put it as "best offer" allowed.
When I get a truly ridiculous offer on something I am selling, I don't get offended. I hit decline. Takes me about two seconds on my phone or laptop.
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CCF Advertiser
United States
1533 Posts |
I no longer list with Best Offer. I used to, them I was getting ridiculous offers. When I declined them, I was getting arguments about why the coin should sell for this or that. I know have in every listing "if it doesn't say or Best Offer, do not message me with Best Offers."
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Pillar of the Community
 Canada
5404 Posts |
Just use auto decline ......that is the most courteous way to deal with time wasting" Ebidiots" of whom there are many. There are lots of buyers on ebay who bottom feed and Troll thus annoying honest sellers . |
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Pillar of the Community
United States
1475 Posts |
Auto decline works great. Although some sellers will over price an item way too much, expect to give hefty discount to begin with.
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Pillar of the Community
United States
5825 Posts |
If I'm using Best Offer I list items at retail and set the BO to wholesale (greysheet or auction results).
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Pillar of the Community
Canada
3049 Posts |
I'm not sure why the word "offensive" is being used.... They're not saying anything bad about you, your family or even the product... I suppose the only thing you may get offended at is the time it takes for you to address such an offer..... Perhaps I'm a bit nieve, because I don't really sell coins... on ebay or any other platform .... yet... I just don't get the offensive part.... |
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Pillar of the Community
 United States
2843 Posts |
Thank you everyone for your opinions. I will add the case in point as an example. I have listed on ebay a rare civil war token. It is graded by NGC MS64 and is an R7 rarity. I feel that $365 is a very reasonable price, considering and would entertain any offer that would earn me a profit return on my investment. (Sorry, but I am not disclosing the number). I received an offer for $50. I understand that values are not so established in the CWT market as they are in the coin market, but $50 is obviously too low a price for such an item. I am not upset, nor even annoyed about it, made me laugh actually. just wanted to gather opinions from others about this. |
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Pillar of the Community
United States
509 Posts |
I don't have a ton of experience as a seller, but I've had some items get a low ball bid for example.. listed $120 retail.. I'd take as low as $100 and get a $50 offer.. I counter $115 and the buyer pays.. I never expected them to accept.. I find that this "negotiating" method sort of gives the buyer a chance to feel out what your response is and then 2nd offer is more serious. Auto reject will just make them up it from $50 to 60 for 2nd offer and then 60 to 70 before they run out of offers.
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Pillar of the Community
United States
1911 Posts |
I don't find offensive those offers for like $1 since I just refuse them and counteroffer. Also because I have from time to time been that guy that lowballed offers because you never know what sellers have as their "auto accept" amount and have gotten a deal or two before...
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Pillar of the Community
United States
2917 Posts |
As a general rule of thumb, for non-damaged and non-cleaned coins, and coins which are graded correctly, anything under 70% of the asking price is usually too low for a Best Offer. I really wish ebay had a feature where you could have all offers below a certain percentage of your asking price rejected automatically. As a seller, it is EXTREMELY frustrating to deal with buyers who either a) want to get something for nothing. or b) think you're stupid and are desperate to sell an item. To discourage this behavior, I've put verbiage on my coins under my terms and conditions which states that any offers below 70% of my asking price on non-silver coins, and any offers below the spot price of silver will be rejected. While the above has helped discourage this sort of behavior, I still sometimes get ridiculous offers such as $2 for an $9 coin which I'm selling for $8, and other similar stuff. Another thing which this kind of predatorial type of buyer likes to also do is make ridiculous "lowball" offers in the final 24 hours of a listing... as if I'm desperate to sell the coin or something... those just get ignored... to end this practice, it's not uncommon for me to end an item that is being "watched" a day or two before the end of the 30 day listing period and then just re-list it at a slightly higher price. I've also blocked several buyers who have made repeated "lowball" offers on my items. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
04/21/2017 8:27 pm
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Pillar of the Community
United States
2917 Posts |
Quote:Just use auto decline ......that is the most courteous way to deal with time wasting" Ebidiots" of whom there are many. There are lots of buyers on ebay who bottom feed and Troll thus annoying honest sellers . eBidiots... I LOVE that one! Thanks, Pacificoin! CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Valued Member
126 Posts |
I like what John77 has to say. I do not offer Best Offers anymore except of items I am looking to sell below cost. Any offer less than the cost of the item is too low IMHO.
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Pillar of the Community
United States
1590 Posts |
I only use a "best offer" on items that I'm willing to take a small loss on. I price those on the low end of the sold items range. In no case will I discount the item more than 25 percent. As stated my prices are low enough to begin with.
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Replies: 28 / Views: 5,856 |
Posted 04/19/2017 4:35 pm
