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Old 11-05-2013, 04:09 PM
 
4,759 posts, read 6,443,443 times
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Why do sellers say "No reserve" but already have an opening bid that is close to the face value?

Example..A 2010 motorcycle, says no reserve, the price is already set at $11,000...$11,000 is the reserve.
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Old 11-05-2013, 07:40 PM
 
Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
38,266 posts, read 28,043,630 times
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Just put the automatic rejection price at a level your comfortable with. You never have to deal with rejecting ridiculously low offers again,
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Old 11-06-2013, 07:48 AM
 
11,836 posts, read 13,734,168 times
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Quote:
Originally Posted by Huckleberry3911948 View Post
something for nothing people? my favorite is offering 1/2 of FMV on a late model BMW before they even see it. of course after they see it they will wana haggle down a bunch more i sold the car for full FMV. just plain evil people trying to do others out of their assets.

When it comes to selling stuff over the phone I have a great response:

Since I can't take your cash over the phone, I can't take your offer either!
You are 100% right, they will offer low then show up to offer less in person! Certain accents I won't even deal with simply because they will offer "four pennies for a quarter!"
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Old 11-06-2013, 07:49 AM
 
11,836 posts, read 13,734,168 times
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Quote:
Originally Posted by Dport7674 View Post
Why do sellers say "No reserve" but already have an opening bid that is close to the face value?

Example..A 2010 motorcycle, says no reserve, the price is already set at $11,000...$11,000 is the reserve.
Because they are stupid..........wasting everyone's time. But seriously I think it has to do with fees ebay charges. A no reserve auction is cheaper than starting a reserve auction at $1
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Old 11-06-2013, 11:34 AM
 
Location: Los Angeles (Native)
25,306 posts, read 16,885,611 times
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I just received an offer of $60 for an item I had listed with a buy it now of $220.. Talk about a lowball!

Kind of ridiculous...makes me wonder if the "Make an offer" feature is even worth it
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Old 11-06-2013, 03:55 PM
 
Location: In My Daydreams...
105 posts, read 213,855 times
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Quote:
Originally Posted by timberline742 View Post
Just put the automatic rejection price at a level your comfortable with. You never have to deal with rejecting ridiculously low offers again,
Exactly. Problem solved.

I can see that numerous low-ball offers are an annoyance for large E-bay stores but since I am a minor seller I would enjoy getting these offers more often for amusement!
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Old 11-06-2013, 05:02 PM
 
Location: Austin, TX
16,769 posts, read 42,909,193 times
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Quote:
Originally Posted by germaine2626 View Post
Why do buyers offer insultingly low offers on eBay "make an offer" items? vent
Because there are only two answers someone can give you and one of them is "yes"!
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Old 11-06-2013, 06:19 PM
 
119 posts, read 381,045 times
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It's just the kind of people who will throw everything and the wall and see what sticks. Don't be too bothered by it. Doesn't ebay have an auto reject?

On the other side, there are people who put "offer" and they wont even budge for a 5% discount. Makes me wonder why they put that at all. Quite irritating.
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Old 11-07-2013, 12:38 PM
 
Location: Los Angeles (Native)
25,306 posts, read 16,885,611 times
Reputation: 12203
Quote:
Originally Posted by jm1982 View Post
I just received an offer of $60 for an item I had listed with a buy it now of $220.. Talk about a lowball!

Kind of ridiculous...makes me wonder if the "Make an offer" feature is even worth it
Update: I thought the $60 offer was bad, but then I got a $50 offer!...

I decided to relist the item and it's already up to $95.00 I changed it to a regular auction with $95 as the starting bid.

I haven't really listed stuff for a while, but i'm trying to start to list more stuff i've been meaning to sell.

It seems like bidders now wait until the last minute more than they used to in the past.

I hope I can get some good prices for my items.
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Old 11-11-2013, 11:31 AM
 
77 posts, read 74,896 times
Reputation: 174
This may be partly due to the power of intermittent reinforcement.
Occasionally an insultingly low offer is accepted-and we're wired to try and make it happen again.

Also the "insultingly low offer" technique is recommended on the web as a negotiating tactic when purchasing antiques and collectables.

"Cut the price in half and go up from there, if they want to sell it, they'll make a deal!"
(What You Need To Know: Furniture Shopping At Antique Stores | Apartment Therapy)
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