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Providing the $2000 is relative 'fair' market value. While I agree it goes both ways I believe the greater burden of responsibility to REDUCE the low ball offers lies with the seller to ensure his asking price within reason and fair. Even THEN he may still receive low ball offers but at least if the asking price is at a fair market value these low ball offers are easy to discount as truly non-interested buyers. Along with the responsibility of fair pricing I firmly believe (and have rationalized this in similar posts before) the SELLER also carries the burden of maintaining greater self control in dealing with low ball or other unfair offers. There are far MORE trolls and 'tire kickers' who seriously get some sort of perverse pleasure by 'poking sellers' with a stick' just to see what kind of response they get. Regardless of the nature of the deal, be it a simple 'for sale' post on the forum or the biggest retailer people are MUCH more receptive to a SELLER who responds with a friendly and respectful 'No Thanks' as opposed some of the responses I have read about. The bottom line is there are far FEWER buyers than sellers so the seller is for the most part at a disadvantage - unless the item is so desirable, rare or popular that there are in effect people 'lined' up to buy it but that is the exception rather than the rule.It goes both ways. You should be mature and smart enough not to offer someone $600 for a rifle they are asking $2000 for
I have vast experience (thousands of presentations) in the art of buying an selling - and I know that what is considered a low starting point, by some people, in price negotiations, might just translate to "sold" on my first offer, with others.
Do you have an unwarranted sense of entitlement, such that you think I somehow owe you the "respect" of making an offer that falls within your boundaries of what is acceptable? Well then, you need to provide me with your slanted psych profile before you post an item for sale!
Prophetic - one of the best 'baseline' statements I have ever read - Anyone and Everyone selling anything needs to read and heed - including myself even though I consider myself an 'experienced' seller/Horsetrader/wheeler-dealer etc.A good seller will attempt to engage in a sales process that yields a mutual acceptable resolution for both sides. If that is the intent and focus going in, the process will have a solid foundation to proceed on.
Now a carpeted guitar may have peaked my interest!I always assumed they did read the ad, but chose to ignore the trade list. I had one recently for some lighting. That was a first. I politely declined. My ad did say at the time "no trades, cash only". I think some folks just like to cast a broad net in the hopes they might get one person to bite.
What if it were a carpeted guitar?
Ill take it, but would you take $700?!WTS OR: Douchewaffle brand Carpeted Guitar LNIB $600
Now, since this topic is up again, I'm all too happy to offer my 2 cents for consideration. My personal view is this, if I have an item listed and someone makes an offer, especially a low-ball offer, I don't get offended, I will politely tell them I'm not interested. If they want to offer something higher, we can talk. When I'm the buyer, I do try to avoid low-balling the seller.
Ill take it, but would you take $700?!
You may have vast experience in one method of negotiation, but this does not mean that it is the only way. There are dozens of systems or ways of buying and selling. Prequalification of the buyer and situation will eliminate a lot of unneeded juggling by both sides. An educated buyer will have done their research on the proper price of the item in question and know what they are going to pay.
Seeing that item at twice the price you are willing to pay or what you believe the market will support, and then engaging that seller in a negotiation process, is a waste of both your times. Telling the seller that the item in question is priced outside of the range I am prepared to pay, and I that I respect your process, and could not make you an offer that you would find acceptable. This may end that exchange or the seller may want to engage in some additional posturing to find your range.
A good seller will attempt to engage in a sales process that yields a mutual acceptable resolution for both sides. If that is the intent and focus going in, the process will have a solid foundation to proceed on.
With one side of the process starting and proceeding with an adversarial outlook, the chances for a mutually satisfactory result are pretty much nil, regardless of price positioning.
I sold capital construction equipment to a defined recurring number of customers ( 400) each year. These pieces were 20K on the low end to packages of 1M or more. Our manufacturer realize the need for specific selling skills and process, based upon a continual relationship basis, and hired some nationally known talent to create a system and process to effect this. The psychology side of sales process is as important as the mechanical and personal side, and will determine how both sides will achieve their respective goals.
No doubt that if I have to sell to someone on a recurring basis you will have a different process than if you are trying to sell them a one time sale, but the same basic principles of sales psychology and customer relationships will apply.
You cant be in love with what your buying or selling. That is the single biggest issue with firearms transactions. Sellers often need to sell, but dont want to, Or the want to sell, but dont need to. Often both of those situations end up sellers who price there items so it wont sell. It might even be unconscious. If your a buyer, you cant be in love with the item your buying. You have to be rational and educated in your pursuit of the item. One thing I know is if your making money buying and selling things you always make the money buying the item, never on selling it. If you dont buy it right you have tied up your money in such a way that it is next to impossible to come out ahead. No amount of selling expertise's is going to make up for buying an item wrong, but if your a good, educated buyer, you dont even need to be a good seller to make money.
STOP WASTING MY TIME!!
I'm going to burn your house down.
I live in a van.STOP WASTING MY TIME!!
I'm going to burn your house down.
I live in a van.
Its on cinderblocks in a scrap yard..So living in a van for a firearms enthusiast would present some real theft concerns. No matter how skookum your safe is secured they can always just steal the van.