Lowball offers
I keep the offers option activated because luckily some buyers submit reasonable offers and we're able to make a deal. Never wanna miss an opportunity.
However, lowball offers are annoying. Every single day, buyers submit offers asking for 50-90% off. The lowball offers are especially annoying when the item is worth approximately what you're asking (based on thorough sold comp analysis) and they obviously don't care (or haven't done any research) and still submit a low offer.
I usually counter (I've heard rumors that declining offers hurts you in some way), but they usually never go anywhere and we just end up wasting time. How do you deal with lowball offers?
17 comments
deltilogical
·4 months agoYou have to remove all emotion if you are going to engage in e-commerce. People ask for 50% off because some sellers go for it. Best Offer is not really a haggling device, I've been blocked by sellers for making more than one offer.
luckythewinner
·4 months agoI've heard rumors that declining offers hurts you in some way
From who?
I keep the offers option activated because luckily some buyers submit reasonable offer
When a buyer makes an offer, he does not care what you rthink is reasonable. He only cares what he thinks is reasonable.
I once offered $500 on a listing that was priced at $5000.
The seller thought $5000 was reasonable, because that the 500-lot listing was worth $5000.
But I thought $500 was reasonable, because I would have to break it up into 150 smaller lots an sell them individually over two years to realize that $5000. The seller eventually came back to me after initially rejecting my offer, and I paid $500 and made $4500 over the next two years.
jonathanbrightlight
·4 months agoIf I see a lowball offer, I usually laugh for a moment, then hit Decline. No message, no drama. I just decline it and move on.
gator08041971
·4 months agoThis may or may not be relevant but I use offers, however I set the deny and accept to the same amount that I'm willing to sell it for. That way I don't have to deal with the offers directly at all. No fuss.
simba6
·4 months agoYou can set it to reject offers below an amount you set. The buyer gets an instant offer rejected notice.
I don't use the offer feature at all.
inhawaii
·4 months agoI hate lowball offers.
I can't stand lowball offers.
I loathe lowball offers.
Who determines what a lowball offer is?
inhawaii
·4 months agoThe best way to deal with lowball offers is ... not to accept offers in the first place.
pls-consignments
·4 months agoJust curious, does anyone know of a 3rd party app that uses AI to search for "resalable" items?
meme6253
·4 months agoYes low ball offers are very bothersome but it is just part of what we have to deal with, I set my offers at a limit that I am willing to except, Now I may lose out on some sales not knowing if they were very close to my limit but that is what I do to not waste a bunch of time on the real low ballers.
dhbookds
·4 months agojust takes a few seconds to do a counter........and I usually do even on lowballs......some come thru, getting up to an acceptable price.... But I don't get 50 a day.....if it really bothers you , put the minimum on and let the system handle it. I feel sure there are gurus out there with all kinds of strategies and low balling is one.
bonanza125
·4 months agoSimple ways of dealing with lowball offers. First you can place a minimum offer you will accept. So revise your listing with a minimum offer. When a buyer makes an offer below it then it automatically declines. The other option is find humor in the offer. Laugh at it and then decline the offer. Basically brushing it off. Yes you will have buyers who make lowball offers. That's part of the business.
ten_o_nine
·4 months agoDon’t emotionally engage, Lowballs feel disrespectful, but most aren’t personal, they’re just volume tactics. Some buyers send 20 low offers hoping one sticks.
A good rule:
If the offer is within ~20–30% → engage
If it’s way below → decline or ignore
tarotfindsandmore
·4 months agoGet rid of Best Offer. There's no way around it. If you allow offers, you're inviting in the worst of the worst. You'll still get an occasional ridiculous lowball via messages, but you basically have a target on your back right now.
I had Best Offer enabled for several months last year. They were the most annoying months of my selling career. The number of reasonable offers relative to the obnoxious, entitled, rude offers was so low that I just shut all offers down. Haven't missed them a bit.
I still send out 50-100 offers a day, but I do not allow counteroffers. If someone takes the time to message me with a reasonable offer, I'll consider it and even take it on occasion, but those are few and far between. I'm not a haggler and I have little patience for parasites.
powell-collectibles
·4 months agoWhen my sales are in good shape, I find the lowballs amusing. Almost fun to reject them. When my sales are in the crapper, those lowball offers are aggravating. So, when these lowballs bother us, we are really just bothered by our own performance.
stainlessenginecovers
·4 months agoAs @soh.maryl stated in #2- just set 'accept' on autopilot and be done.
Mic Drop.
ethylsgarage
·4 months agoJust block them so they go away. They aren't buyers.
soh.maryl
·4 months agoYou probably already know this, so it's just a reminder:
1. You are free to ignore any offers. There is no requirement that you respond.
2. Or you can set your auctions to automatically decline any offers below a certain level.
Again, I bet you already know this.