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Old March 2, 2008, 08:34 PM   #1
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Low Bar Bidding

I have not posted in this section before, have always posted in the pistol forums and usually scouring the sales ads. I had a interesting exchange with someone trying to sell something that I had a interest in. With the way it turned out I thought I might talk about it here and see what everyone else thinks, hell maybe I am wrong, won't be the first time.
I was watching this wts post for something I was interested in but not a "I got to have it item" After a week it was getting no hits, I figured the asking price was too high so I pm'ed him a low ball bid (17 per cent lower than asking price). I also prefaced my bid by saying I did not intend a insult. So this guy pm's me back telling me it was insulting and not to bid like that again. I figure the guy got insulted, whether he was justified or not. I just thought I would pm him in return, telling him " sorry" and wished him good luck with is sale. He pm's me back telling me I must be stupid.
Well, I have been called much worse by people in real life as to not be bothered by something someone calls me on-line. But what I really want to know was a 17 percent under bid that far out of line ? I purposely didn't name names and kept the details out because I want no further issues with the seller, just would like to know if low balling is a faux pas?
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Old March 2, 2008, 09:18 PM   #2
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I don't see anything wrong with haggling over a price. I believe most people post an asking price. If they say it's a firm price, then that's another story. I personally wouldn't take offense to a bid from a potential buyer on anything I was selling. If I didn't like the bid, I could ignore it or simply say, "No thanks."
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Old March 2, 2008, 09:30 PM   #3
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I don't think I would call a bid 17% below asking price that "insulting". Sounds to me like the guy has got a problem , esp. after you pm back to apologize and he calls you "stupid" (that's assuming that you are telling the entire story). Forward your pm's to the mods, maybe they'll have something to say about it, maybe not...
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Old March 2, 2008, 09:35 PM   #4
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I have never understood people who say they are "insulted" by a low bid. The guy has absolutely no offers because his price is probably about 30% too high. You offer 17% less and *he's* insulted?

There's definitely someone stupid involved in this, ragwd, but it isn't you...

Oh, and I'm going to move this to Retail Deals & Feedback.
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Old March 2, 2008, 09:38 PM   #5
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Like the others have said, as long as that's the whole story it sounds like someone was just a little to sensitive or attached to whatever they were selling. Insulting would have been "Hey, I'll give you $150 for that NIB 1969 Colt Python you're asking $1500 for in the thread."
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Old March 2, 2008, 09:46 PM   #6
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I've noticed a few ridiculous asking prices lately. You did everything right IMO.
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Old March 2, 2008, 10:00 PM   #7
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Thanks TheBluesMan for moving my post to the appropriate spot. Guys I have no reason to lie, I didn't post anyones name besides my own, I have all pm's if I wanted to post them, but really I just wanted to know if I goofed up on my low ball bid because I am sure I will be bidding again in the future. Thanks all who responded.
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Old March 2, 2008, 10:06 PM   #8
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Never apologize when you're bargaining.
If I was the seller I might send you the exact same reply just to throw you off your game.
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Old March 2, 2008, 10:12 PM   #9
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Buzz, He indeed threw me off of my game, and off the deal completely.
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Old March 3, 2008, 01:10 AM   #10
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17%? I wish someone would offer me 17% less than I'm asking. I'd say you were justified 100%. Heck, That's only $17.00 less on a C note. 30-50% my be called an insult but even then, you never no what a guy may take.
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Old March 3, 2008, 01:54 AM   #11
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There's a lot of clowns out there who got ripped off when they bought it or think they can get all their money back out. I just sit around and wait, sometimes for months (or longer!) for someone that actually knows what their item is worth, and then snap it up. The savings has been very dramatic in the aggregate. Don't let someone else's ignorance get you down. Whether they're gun store owners or some underresearched goofball who dropped a grand on the first pretty gun he saw and thinks knocking off fifty for it being used is a good deal, we do ourselves a disservice by even humoring them. That's not a license to be rude, but just ignore them. People that can't see a difference between MSRP and market value don't deserve to be kept in business by generous hagglers.
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Old March 3, 2008, 10:23 AM   #12
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My policy is to look at something, be it car, gun, furniture, etc. Look at price. If it is reasonable, buy it, if not don't. The seller knows what they want for it. I know what I am willing to pay for it. If they don't match, or close to it, I walk away.

In my opinion there is no need for emotion in any deal. Matter of economics, not emotionalism. Give no offense, take no offense.
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Old March 3, 2008, 11:42 AM   #13
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Thanks for all the replies, I am glad that I wasn't in the wrong. I really enjoy The Firing Line and don't want to cause myself problems. I didn't think that 17 % off was too low and it looks as though I have a consensus.
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Old March 3, 2008, 03:56 PM   #14
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Personally, I don't think that there is such a thing as an "insulting offer". There are reasonable offers, offers that are too low for me to accept, too low to even consider, and then there are offers that reflect poorly on the offerer's knowledge of the item's worth, but all I have to do is say "no" if I don't want to sell.

It's the seller's job to get as much as possible, it's the buyer's to pay as little as possible. Neither should get mad at the other for doing what they're SUPPOSED to be doing.
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