How low to be considered low ballers?

[Boo]

but seriously sometimes people do way low ball below the market rate.

Buyer want to buy low, Seller want to sell high. Typical as it is.
There are still many factors to consider in the buying/selling of a item.

[satch]

What if the seller price is already very reasonable and yet alot of lowballers are offering way below asking price.
just an example, seller selling 116660 bnib for $11800 and buyer offers $10000.
i believe all sellers are motivated to sell their watch or else why they even bother to waste their time to post, just that they have experienced too many lowballers buyer disturbing them, thus the statement of lowballers pls stay far far away appears.

receiving casual inquiries is part and parcel of selling stuff online, and there all sorts of folks out there. selling a watch is not like selling a commodity or a $100 ntuc voucher, so the potential pool of buyers is really quite limited, even though some may argue a popular model such as sub c is as good as a commodity.

sure, if it is a genuine fire sale price or below market price, the seller does not need to worry about the lack of genuine buyer. but it the price is just nothing to shout about, there is a risk that you may turn away x% of potential buyers by putting the statement which some (like me) may find offensive. Of course, u will not receive any sms from 'low-ballers' but at the same time, u will get overall lesser interests as well.

i have nothing against people from putting that statement. if it works for them, by all means do it.

[satch]

but seriously sometimes people do way low ball below the market rate.

Buyer want to buy low, Seller want to sell high. Typical as it is.
There are still many factors to consider in the buying/selling of a item.

just ignore these people or politely turn them away. to me, putting an ad on forum is just like putting an ad on the newspapers. On the latter (i.e. newspapers), will u state "low ballers stay away"? No right?

[satch]

just to share, there was this buyer who showed interest in a piece that i was trying to sell, but from the exchange of smses, i can sense the interest is not there, so i didn't really put a lot of effort in this as well. and as expected, the buyer offered me a pathetic $ which i am embarrassed to type it out here, and he gave an even more embarrassing reason why he came out with that offer -> he lost money in last night's mahjong and what he offered was only what he could afford. do i feel pissed? no, because I didn't expect much from him in the first place? so how did i feel? i felt sorry & embarrassed for this person cos this just goes to show what a loser this person is.

[Markli]

just to share, there was this buyer who showed interest in a piece that i was trying to sell, but from the exchange of smses, i can sense the interest is not there, so i didn't really put a lot of effort in this as well. and as expected, the buyer offered me a pathetic $ which i am embarrassed to type it out here, and he gave an even more embarrassing reason why he came out with that offer -> he lost money in last night's mahjong and what he offered was only what he could afford. do i feel pissed? no, because I didn't expect much from him in the first place? so how did i feel? i felt sorry & embarrassed for this person cos this just goes to show what a loser this person is.

You did the correct thing.
Seller should not be pissed off.
And yes, the buyer was only embarrassing himself.

[Stoned]

I think with selling anything it's part and parcel of the whole experience. For those of you that either run retail businesses or have experience doing retail, I'm sure you would be familiar with the customers that come into the store and ask for discount, citing "online is cheaper" or some super funny excuse like "I'm a student, got discount?".

I've found selling a watch online no different. Just don't get too emotional about it and wear your collection in good health

[satch]

I think with selling anything it's part and parcel of the whole experience. For those of you that either run retail businesses or have experience doing retail, I'm sure you would be familiar with the customers that come into the store and ask for discount, citing "online is cheaper" or some super funny excuse like "I'm a student, got discount?".

I've found selling a watch online no different. Just don't get too emotional about it and wear your collection in good health

+1
exactly, just let go and move on =D

[satch]

You did the correct thing.
Seller should not be pissed off.
And yes, the buyer was only embarrassing himself.

yes i really cannot believe someone would have the cheek to come up with something like that lol

[clocking]

Was browsing thru the garage sections for a pre own timepiece and came across sellers with, 'low ballers pls stay away, no low ballers'... etc.

How low is considered low ballers exactly?

A person who bargains extremely lower that retail or reasonable price. also, being ridiculously cheap.
A person who tries to get something for lower price than already set.
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according to wikipedia, lowballers low-ball are sellers who offer lower sell price then subsequently increase the price
so why on earth are sellers here telling buyers 'no lowballers'?


The low-ball is a persuasion and selling technique in which an item or service is offered at a lower price than is actually intended to be charged, after which the price is raised to increase profits.

Yes two basic ways of understanding. According to Wikipedia low-ball...

One who lowballs. Lowballing is a slang term meaning offering a price way lower than the price the person is expecting to receive for the item when they are selling. If you were selling a ROLEX GMT-Master II116710BLNR LNIB for 10,200 dollars and I offer you 9,500, I would be a lowballer. Lowballers may take advantage of people who are in need of selling an item quickly, so they know they will take less than it's worth, or they may just be making a really bad offer just because?????.
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There is no right or wrong.

Willing seller willing buyer.

I ever come across buyer actually was a 3rd class mini-dealer who does not want to come out cash to carry stock. He posted a dummy advertisment for the same item at same price hope that he can bargain for a very low price. Every now and then ask me is it still available.

Another bad experienced, once I meet the buyer for viewing. After long negotiation I agreed with the price and he said did not bring the cash. So, we meet next day. Next day he did not turn-up and reject my call.

Well, I got to take it. I m ok.

Yes. There is no right or wrong. Willing seller willing buyer. I don't call it bad experience i call it learning experience.

Was the time i felt so bad, posted explorer 2 42mm. First PM requested for view not conform, viewer set date time but have to wait for 5 days. Second PM super lowballs but i did not respond to his PM, he did nothing wrong he may be a future buyer you never know. Third PM super keen, set date, time, view, deal closed, sound good right. So i text First PM, sorry bro can't wait so long item sold, he was so damn angry with me by replied you very bad seller, yes i agree.

Was the time i felt so bad, posted good condition used strap & two pieces buckles for $40. First PM so damn keen, nego $30 i said okay but make me waited reason away & busy, for me no problem but Second PM came in even i updated on hold, also super keen no nego wow. I don't want to be a very bad seller, like happened before i sold explorer 2, i end up reply sold to second pm but sadly first PM "Aeroplane"....... Finally i sold to Second PM price of $20 because i paiseh. I am not angry with my first pm, hoping he will be future buyer.
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We have a choice to make our days simple or complicated.

[Markli]

yes i really cannot believe someone would have the cheek to come up with something like that lol

There are tons of these ppl around. That's why sellers are asking these ppl to stay away.

[gmt8300]

You want to know what is real lowball offers? Bring your watch to 2nd hand dealer shops let them quote

[Markli]

You want to know what is real lowball offers? Bring your watch to 2nd hand dealer shops let them quote

Shops are not lowballers, just that they have staff to feed and rental to pay.
They have tons of watches that can't sell too due to low demand, thus all these are to safe guard their business.
They are also having higher risks than online sellers.

[gmt8300]

by your argument, a buyer and a shop offering the same $x for a watch can at the same time be a lowballer and a non-lowballer, respectively?

Shops are not lowballers, just that they have staff to feed and rental to pay.
They have tons of watches that can't sell too due to low demand, thus all these are to safe guard their business.
They are also having higher risks than online sellers.

[Markli]

by your argument, a buyer and a shop offering the same $x for a watch can at the same time be a lowballer and a non-lowballer, respectively?

If a forum buyer is offering what is offered by a shop, yes, he is a lowballer.
Which seller will waste his time selling to a buyer that offers him the same price as a shop?
If you are this seller, do let me know, thanks.

[gmt8300]

illogical
if a buyer willing to self collect from my place at the same price as a shop offer, why would i want to bring the watch to the shop at the expense of my time and trouble?
and why is forum buyer offering what is offered by a shop a lowballer yet the same offer by the shop is considered non-lowballer?

If a forum buyer is offering what is offered by a shop, yes, he is a lowballer.
Which seller will waste his time selling to a buyer that offers him the same price as a shop?
If you are this seller, do let me know, thanks.