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A Suggestion for those Selling on the BST Forum
Rampage
Posts: 9,507 ✭✭✭✭✭
Instead of starting off asking "make me an offer", why not simply list the price you want?
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<< <i>"make me an offer" >>
That bugs me too. They obviously have a price in mind. I think they are just fishing for a highball offer to jump on. IMO
However, I'll often get things out of left field where I honestly don't know the value and where I'd be happy to pass on a good deal. If you don't want to make an offer, that's your choice, but you might be surprised at what I'd accept...
<< <i>However, I'll often get things out of left field where I honestly don't know the value >>
Good point.
However, Jonathanb has the same view as I do....If something is truly unique, how can you really put a price on it???
For example, I have a Yeoman Red Book with doubled lettering on the cover. Now, there are Red Book collectors out there who collect error books as well.
I've never seen a transaction on EBAY or elsewhere for this type of book, so how would I know what to ask???
For the record, I have never personally tried to sell on the BST with a "make me an offer" pitch
Len
"La Vostra Nonna Ha Faccia Del Fungo"
Today I sent a pic of a non-coin item to someone I knew was interested in the subject. I told him that I didn't know what it was worth, and that either he could make me an offer or that I'd start it on eBay at $0.99 and he could take his chances.
He offered me $150.
I sold it to him for $100.
I made money, and he got a better deal than he expected. I still don't know what the item was "really" worth, but I'm happy and he's happy, so it doesn't much matter beyond that...
jonathan
``https://ebay.us/m/KxolR5
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<< <i>However, I'll often get things out of left field where I honestly don't know the value >>
Good point. >>
Then you wait to sell it until you do some due diligence and find out. If after doing the research, you still can't, then you decide what will make you happy and price it thusly. If you are happy with 10% over what you paid, there you go. If you want 100% over, there you go. Otherwise you're describing a sort of auction format where the highest offer wins. If that's the case, put it in an auction.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Just to show that I practice what I preach...
Today I sent a pic of a non-coin item to someone I knew was interested in the subject. I told him that I didn't know what it was worth, and that either he could make me an offer or that I'd start it on eBay at $0.99 and he could take his chances.
He offered me $150.
I sold it to him for $100.
I made money, and he got a better deal than he expected. I still don't know what the item was "really" worth, but I'm happy and he's happy, so it doesn't much matter beyond that...
jonathan >>
95% of the time for coin items, prices are well known. Even in the very few exceptions such as your case you settled for $100, $50 less than the offer. If the buyer had offered $50, you might have taken the $50. If the buyer had offered $10,000, you probably would have agreed to a much higher price, perhaps $4000 and seemed like a prince to the potential buyer. Even in your exceptional case, I don't like the use of "make an offer" on this board.
Personally, any "make an offer" listings go to the round file. To me it seems like folks are using BST as their private auction space, and that seems crude if not worse. If a person wants to sell using an auction format, sell at an auction venue and pay the appropiate fees, and then list on BST with Ebay in the title.
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<< <i>"make me an offer" >>
That bugs me too. They obviously have a price in mind. I think they are just fishing for a highball offer to jump on. IMO >>
Whats wrong with that? Most folks want to maximize what they get for something.
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<< <i>"make me an offer" >>
That bugs me too. They obviously have a price in mind. I think they are just fishing for a highball offer to jump on. IMO >>
Whats wrong with that? Most folks want to maximize what they get for something. >>
It seems like several BST threads I click on lately are "make me an offer" threads. As the previous posters stated, if you do not know its worth, do your research and then price it. JMHO.
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<< <i>"make me an offer" >>
That bugs me too. They obviously have a price in mind. I think they are just fishing for a highball offer to jump on. IMO >>
Whats wrong with that? Most folks want to maximize what they get for something. >>
It seems like several BST threads I click on lately are "make me an offer" threads. As the previous posters stated, if you do not know its worth, do your research and then price it. JMHO. >>
There is nothing wrong at all about wanting to maximize your profits, but do the research and then price it.
``https://ebay.us/m/KxolR5
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<< <i>"make me an offer" >>
That bugs me too. They obviously have a price in mind. I think they are just fishing for a highball offer to jump on. IMO >>
Whats wrong with that? Most folks want to maximize what they get for something. >>
It seems like several BST threads I click on lately are "make me an offer" threads. As the previous posters stated, if you do not know its worth, do your research and then price it. JMHO. >>
There is nothing wrong at all about wanting to maximize your profits, but do the research and then price it.
They probably already have an idea of what they want, but for whatever reason are somewhat reluctant to post that info. Maybe they are hopin to get close to it or just want the sale kept private. Frankly I wish they would do it ALL via PM and not make their business offerings/negotiations public.
I never "make an offer."
If you offer less than the person wants, they become offended. If you offer more than they wanted, you got chumped. I just don't like the lose-lose nature of it.
had a yet-to-be-established value at the time). I was quickly informed that the current high "offer"
was $1,000. So, yes, it seemed to me that it was being run as a blind auction which I didn't care
to participate in.
I agree with the "name your price" crowd. When offering to the public, sellers should set their
prices. When offering to an individual dealer in a shop or at a show, it's fine to ask the dealer if
they would like to make an offer.
If you want to be hornery, you can always make the "looking for offers" seller a $1 offer stating
that this is where you begin all negotiations and ask for their counter.
Ken
<< <i>[...If that's the case, put it in an auction. >>
Or, be like Pharmer is (and not what he says) - do what you darn well want
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>Instead of starting off asking "make me an offer", why not simply list the price you want? >>
I was told you are a very good mind reader, so whats the problem here Richard?
Go BIG or GO HOME. ©Bill
<< <i>I agree; post what you want and let someone either step up, or counter back and try to chisel. >>
I wholly agree with you Dennis, but what if it's a case of say a Morgan with an obscure VAM associated with it? If you post "best offer" it won't offend (or shouldn't) the buyer's as it's an uncharted and most of the time with no realized history behind it.
What would you do in this case?
Hell, I don't need to exercise.....I get enough just pushing my luck.
Asking price $xxx.xx o.b.o.
<< <i>Or how about:
Asking price $xxx.xx o.b.o. >>
Currently Listed: Nothing
Take Care, Dave
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<< <i>[...If that's the case, put it in an auction. >>
Or, be like Pharmer is (and not what he says) - do what you darn well want
No clue. Feel free to reread my post, it's quite clear. Oh, now I see when you posted. You were probably looking through the bottom of your glass
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Hoard the keys.
If I want to negotiate I'll drop by a coin shop or show.
<< <i>Instead of starting off asking "make me an offer", why not simply list the price you want? >>
I do not see where it makes any difference. Buyers usually have a price in mind so just shoot the person your price. If he comes back to you with the
Ken