Joined Jun 2007
L5: Journeyman
Forum Thread
eBay Best Offer Strategy
October 16, 2018 at
01:02 AM
If one is going to make a low offer such as half of asking price on an item on eBay, what is a persuading message to include for the seller in hopes of attaining the item for a great discount? So far, I have written that I have great feedback and pay quickly, but I still occasionally receive sarcastic replies from sellers with counter offers that are the same than or $1 less than the asking price. One seller even raised the buy it now asking price after I offered half. Some sellers aren't bothered by my low offers and either accept or counter-offer with a low enough price that I accept. Others decline without even counter-offering or giving an explanation.
The items I bid on are not rare or highly collectable and generally have a low demand, often having been listed for over a month. The reason I make a low best offer is because I have no idea of the financial situation of the seller or how eager they are to sell the item.
Interested to find out what buzzwords or influencing message has worked for you as a buyer in the hopes of a seller accepting a low best offer?
The items I bid on are not rare or highly collectable and generally have a low demand, often having been listed for over a month. The reason I make a low best offer is because I have no idea of the financial situation of the seller or how eager they are to sell the item.
Interested to find out what buzzwords or influencing message has worked for you as a buyer in the hopes of a seller accepting a low best offer?
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In fact making an offer almost indicates to the seller that you are interested in the item, and will likely buy it on their counter.
This works differently for personal sellers that are selling used items. Over there the counter offers could make difference - especially for items that are not very popular with users.
It sounds like some people actually accept your offer. Great. You get crap cheap, cause they're tired of dealing with it.
There's really no strategy when it comes to offering a "best offer" for an eBay item. Just think common sense. Of course, you can offer anything you want. But, if you really low-ball an offer, it's just a waste of time.
For example, when I've listed my cars on Craigslist, I would get really low offers that were a waste of everyone's time. Let's say if my car was valued at $15k on KBB in good condition, some ppl would offer half....like what you've suggested! Literally, it would be significantly lower than the fair or salvaged title trade-in value for the car. So, why in the world would anyone sell their car for that price when they could easily trade it in for more?!?!
So for me when I submit a "best offer", I think of a reasonable price that I would pay for that item. Then, I'll offer a little less because it's likely that seller will counter somewhere in the middle. For example, I just made a "best offer" purchase yesterday for a 4k UHD bluray. The item is usually listed for around $20 on eBay (about $27 brand new on Amazon). The seller listed it for only $15 or best offer. I offered $13, expecting for him to counter with $14, which I was willing to pay. Surprisingly, the seller accepted $13.
It sounds like some people actually accept your offer. Great. You get crap cheap, cause they're tired of dealing with it.
A quick search of their email address (if not done via CL anonymous emails) found many, MANY resellers who I guess found quite a few idiots willing to sell their stuff for peanuts.
Best one I think had to be offering up a $700-800 gift card for Gamestop when somebody offered me like $50-100 for it. Told them I'd rather melt the card into ashes n snort the effing thing than take that.
Having said that, there are no real good places to sell anymore. eBay doesn't get the traffic they used to and they bend you over with eBay and PayPal fees and Amazon (which was awesome for a while) no longer allows individuals to sell without approvals, hoops and fees.
A quick search of their email address (if not done via CL anonymous emails) found many, MANY resellers who I guess found quite a few idiots willing to sell their stuff for peanuts.
Best one I think had to be offering up a $700-800 gift card for Gamestop when somebody offered me like $50-100 for it. Told them I'd rather melt the card into ashes n snort the effing thing than take that.
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I haven't tried selling anything on there in quite a while. Maybe it's just my area but it seems like people refuse to budge from their initial low ball offer or IF they do they come up by such a tiny percentage that you have to wonder if they're just messing with you.
When I've sold Canon camera gear, it goes FAST. Even my old baby stuff (like strollers, booster chairs, baby carriers) will sell relatively fast in my area. CHP and other baby expert sites often will recommend NOT buying used baby boosters/carriers in case it's old and/or been in an accident. Ppl will email me and inquire about that. Since my baby gear are all in working order, clean, and no accidents, ppl will buy them.
For the last few cars that I've sold, I listed them on CL and they sold pretty quickly. My G35 sedan which was 3 yrs old with only 15k miles on it sold the same day I listed it. The guy contacted me within 1 hr of my post! I got such a good deal on the original price of the car because the sales manager just happened to my a college classmate of mine and I ended up selling the car for the same price I purchased it for! In the 3 yrs I had it, my out-of-pocket costs were just gas, insurance, and the sales tax on the new car purchase (which were all tax write-offs!).
Prior to this car, I sold my 3 yr old G35 sports coupe on CL. It sold within a week of my listing. Again, I got a great deal on this new car and sold it for $2k less than my purchase price! Thus, my 3+ yrs of ownership only cost me that $2k plus the sales tax on the new car purchase! I only sold the coupe because we were having our first baby and a sedan would be better for us.
When I've sold Canon camera gear, it goes FAST. Even my old baby stuff (like strollers, booster chairs, baby carriers) will sell relatively fast in my area. CHP and other baby expert sites often will recommend NOT buying used baby boosters/carriers in case it's old and/or been in an accident. Ppl will email me and inquire about that. Since my baby gear are all in working order, clean, and no accidents, ppl will buy them.
For the last few cars that I've sold, I listed them on CL and they sold pretty quickly. My G35 sedan which was 3 yrs old with only 15k miles on it sold the same day I listed it. The guy contacted me within 1 hr of my post! I got such a good deal on the original price of the car because the sales manager just happened to my a college classmate of mine and I ended up selling the car for the same price I purchased it for! In the 3 yrs I had it, my out-of-pocket costs were just gas, insurance, and the sales tax on the new car purchase (which were all tax write-offs!).
Prior to this car, I sold my 3 yr old G35 sports coupe on CL. It sold within a week of my listing. Again, I got a great deal on this new car and sold it for $2k less than my purchase price! Thus, my 3+ yrs of ownership only cost me that $2k plus the sales tax on the new car purchase! I only sold the coupe because we were having our first baby and a sedan would be better for us.
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Since then, we've been trading in our cars when we replace them every 5-6 yrs because I'm too lazy trying to sell our cars on CL.