OBO Use In Classfieds.

[arakboss]

When you use OBO in your classified ads, what is your typical time frame to collect offers?

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[DeltaRose]

Depends on the offer, how long the item has been posted for sale, and how emotionally attached I am to the item…

 

[nammac]

All depends on how badly you want to move it along. Everyone is looking for a deal, be prepared to negotiate.

 

[boattail]

If I use OBO in an add I'll take the first offer that is within my window. OBO to me is make an offer and if it is above my minimum its accepted. I have never compiled a list of offers to see who wins.

 

[fstdraw]

If it's within 95% of my asking price, I'd let it go right then.

 

[Tlock]

If I use OBO in an add I'll take the first offer that is within my window. OBO to me is make an offer and if it is above my minimum its accepted. I have never compiled a list of offers to see who wins.

That is how "or best offer" is supposed to be used. If he wants a auction......put it in a damn auction on gunbroker

 

[Andy54Hawken]

I have a OBO option with my classified.
I am asking $100 off retail ...'cause the firearm is as new and unfired.
Usually I like to give better deals than that....So OBO it is.

OBO to me...means something close to my asking price., however.....
I also am trying to get rid of something I don't want...so if someone were to offer an item I like or have a use for...
Even if it is worth a lesser dollar amount than my firearm...
I would strongly consider that trade...since it is something that I like / have a use for.

Time frame....depends on the offer...and importantly ....just how it is offered.
Andy

 

[CamoDeafie]

On Facebook Marketplace, I responded to an ad wanting "$50 or best offer" for something particular... And the seller shot back at me "$50 is the lowest I will take, I have sold the extras for that much" never responded to that guy again.

Way that I usually do things.... If I have something for sale, I tend to put the price higher than what I will take, leaving room for haggling and negotiations. Sometimes it's twice the lowest that I will take but that's from years of people offering half the stated prices at flea markets and gun shows


Edit. Some people will really offer $0.50 for a $1 item at the flea market

 

[Andy54Hawken]

I mentioned in my post How the offer is made...I meant this as in just how the offer is asked / made.

Once long ago at a black powder gun show...
I was selling a antique percussion rifle I rebuilt..
It was a non- shooting wreck when I got it..but surprisingly it still had a good bore.

I researched the rifle...did the repairs....and 'antiqued" any replacement parts to match existing patina.
At the show...a dealer was interested in the rifle....and he asked to take a look at it....
Complementing me on the rifles condition and shape
I told him up front that it was a rebuilt / reconditioned rifle.

He then proceeded to nit pick / complain about every repair that I did and offered me $600 instead of the $800 I was asking.
Nope was my reply.

As I left his table...a young family man asked to look at my rifle.
He oohs..and ahhs...over it....states that he is looking to buy a shootable antique rifle...
And hands me back my rifle.
I ask....I thought you liked my rifle...I do he answers...but I only have $600.
Sold , says I.
He thanks me...and asks why I sold it to him...and not the dealer....
"Cause you weren't an azzhole with your offer.

Sometimes...
It ain't what you say...its how you say it that matters.
Andy

 

[orygun]

Forever I assumed that OBO with the price meant that "or best offer close to" the listed price.
Then one day a guy said, "No, that means "best offer above" the price. These days that's how houses often sell. Hmmm.

Anyway, if I post a price of $XXX OBO I am implying "if you don't like my price, make an offer".
The longer the ad has been up, or the more obscure the item is will likely have an influence on how low of a price I am willing to take. If I put something up for sale I am not going to give it away, but I'm usually willing to take a bit of a loss just to move it along.

 

[TTSX]

Why is this a thread? Don't we all already know how OBO works, or did "the boss" get ghosted after low balling on something he thinks he has rights to at $1?

 

[bpyycpyy]

I would think all ads here could be considered "OBO", meaning that we all see the trade value or prices asked and have the ability to offer what we think the item is worth. Seller has the right to say no. I've never haggled with sellers here (not my MO), if I don't like the price I just move on. My thoughts about adding "OBO" to your ad, doesn't it kind of possibly make it an auction site lite (this is depending on how the seller/trader is using those offers to decide)?
Edit: I'm not implying that most "OBO" ads are using this to obtain bids on their item but do notice some ask for PM responses so it's not necessarily done out in the open.

For example: I once had what I thought a deal worked out (selling price agreed upon and meeting time/place arranged) only to find out they sold the item to someone else before our meetup time. I saw that someone offered to come pick the item up before our scheduled meeting and when I contacted the seller with my ETA the next day, I was told that it sold already. My first thought was that the buyer offered more to arrange an immediate pickup (outbid me in a way to make the deal happen) which I thought was lousy. Shortly afterwards I did find out that the interloper had paid exactly what I was going to pay for it and even offered it to me at the price I was going to purchase it for. He @P7M13 was unaware of the shenanigans that had taken place. It wasn't his fault, so I didn't take him up on the offer. Excellent honest guy and even offered to "time share" the item with me (reloading equipment).

 

[Colt Carbine]

Why is this a thread? Don't we all already know how OBO works, or did "the boss" get ghosted after low balling on something he thinks he has rights to at $1?

Coming soon to a thread near you..

What's your definition of a low ball offer?

 

[P7M13]

I would think all ads here could be considered "OBO", meaning that we all see the trade value or prices asked and have the ability to offer what we think the item is worth. Seller has the right to say no. I've never haggled with sellers here (not my MO), if I don't like the price I just move on. My thoughts about adding "OBO" to your ad, doesn't it kind of possibly make it an auction site lite (this is depending on how the seller/trader is using those offers to decide)?

For example: I once had what I thought a deal worked out (selling price agreed upon and meeting time/place arranged) only to find out they sold the item to someone else before our meetup time. I saw that someone offered to come pick the item up before our scheduled meeting and when I contacted the seller with my ETA the next day, I was told that it sold already. My first thought was that the buyer offered more to arrange an immediate pickup (outbid me in a way to make the deal happen) which I thought was lousy. Shortly afterwards I did find out that the interloper had paid exactly what I was going to pay for it and even offered it to me at the price I was going to purchase it for. He @P7M13 was unaware of the shenanigans that had taken place. It wasn't his fault, so I didn't take him up on the offer. Excellent honest guy and even offered to "time share" the item with me (reloading equipment).

Ha! Funny you mention that. I was thinking about you yesterday as I was looking at the unit. I've annealed many thousands with it, and bought gear to improve on it but it has sat for a year. Think of all the annealing you could have done in that time.

 

[P7M13]

Coming soon to a thread near you..

What's your definition of a low ball offer?

Guy asking $2000 for his Gucci Glock and you offer $700

 

[bpyycpyy]

Think of all the annealing you could have done in that time.

The best thing that came out of it was meeting you in person. That poor annealer has gotten so lonely! Ironically, I've been looking recently (last month) at some annealing setups. I've been considering this one for just under $300 and available via Amazon (looks pretty legit and takes up hardly any space): https://agscustomparts.com/product/ags-brass-annealer-3/?v=d1e7fd6e6a2a

 

[orygun]

What's your definition of a low ball offer?

Discuss.

 

[arakboss]

My understanding is OBO means or best offer. That would imply that the seller is going to be comparing offers and picking the best one. It could be more than or less than asking price.

My main question is what time frame are are sellers generally using to collect the offers?

If a seller was going to be open to offers but not comparing them to others, they could just put the asking price and "make offer"

 

[P7M13]

The best thing that came out of it was meeting you in person. That poor annealer has gotten so lonely! Ironically, I've been looking recently (last month) at some annealing setups. I've been considering this one for just under $300 and available via Amazon (looks pretty legit and takes up hardly any space): https://agscustomparts.com/product/ags-brass-annealer-3/?v=d1e7fd6e6a2a

@flashpan had something similar before he got his AMP.

 

[bpyycpyy]

before he got his AMP.

I've certainly eyeballed them or even the Annie. I just don't need to anneal enough to warrant the price. Plus I reload for about 32 calibers and AMP needs adapters for each one. But AMP is top of the line option.