Ok, so I go to an auction and it has a bin and a bo, so I make a decent offer, only $10 under the bin, and the guy rejects it. I am burned since I didn't get the auction obviously, but my problem is why do these guys that do this as a business even list this as an option if they aren't going to take anything short of what the bin is? For instance if I had an auction and put a bo on it, it is clearly something I would compromise on and get out of my house for perhaps a little cheaper than I would like but still decent money. It's just crazy.
Yeah, just to get people's hopes up for nothing, I don't think I've ever had a successful BO transaction yet.
Really? It works all the time for me. I brought a MP black convoy from Maybang for 110, the list price was 130
I put up my complete Series 1 Centurion Lot for a $550.00 BIN, free shipping or Best Offer. This guy offers 50 bucks. I literally LOL'd at him, told him to stop wasting my time and he told me I need better "business" skills. One guy offered $350.00, and I suggest $450 with free shipping. He of course declined, but the guy who offered me 50 bucks said he was new with the series and didn't know their actual worth and I told him if he's serious about making an offer, he would have at least asked me, or made an offer North of $250.00, even if I wasn't happy with that. Long story short, it works both ways sadly. I would have settled for $450.00 shipped though, $100.00 less then my original BIN price.
I had a few back in the early days of the bo, where people were like me and just trying to make a little something to get the stuff out of their house to another collector instead of just setting it out on the curb.
Sadly I thought this was the best rant about offers on ebay I'm thoroughly disapointed. That said I've had people throw out absurd offers and balk at reasonable counter offers. I've had people decline offers I sent them that were reasonable, so it really does go both ways. I'm down to two listings check it out
What was the BIN? Saying it's "only $10 under the BIN" isn't very informative without knowing what percentage of the BIN that $10 represents. For example, an offer that's 'only $10' under a $50 BIN (~20%) is a different scenario than an offer that's 'only $10' under a $500 BIN (~2%). Everyone has their own definition of a reasonable compromise and a decent offer, of course, but it would help to know exactly how much of a compromise you were looking for the seller to make.
He might be scoping out what people are willing to pay. It's a seller's prerogative whether or not they want to accept it. Not much to rant about, really.
What's reasonable to one may be unreasonable to another. Unfortunately, it's up to the seller to determine what's acceptable to them. The good thing is that eBay allows three offers (if the item is still available)
I remember way back then,when the Best offer first came out. I made a joke "BEST OFFER" thinking the guy wouldn't accept it. needless to say he did & I got the toy for half the price of what he listed it for.
It was the difference between $22 and like 39ish, a reasonable offer I would take if I were doing a bo. I understand the seller point too, but as long as it's reasonable and near what you want to get for it it is crazy that people deny it. Maybe some of these guys do it to gauge the price they should start auctions at in the future?
Can't you still use the BIN? I don't see much reason to be bummed. I offered someone $15 on a $21 item last week (before realizing there was a different BIN for $15), and their counteroffer was $20. I had the privilege of declining them and buying the other. If he would have done a little searching he would have seen the other for $15. His loss, my gain.
It's not a crazy offer, if they don't want to compromise they shouldn't put it up, it's not like I offered him $5 for an item that cost $500 at retail and then he marked it up to say $560. That would be unreasonable.
56% is not a crazy offer? Go to a car dealer and tell them you want a $30,000 car for $17,000. They bargain, they take offers, why wouldn't they go for that?
Yeah 56% off is quite a bit low for a best offer. Now if you were trying to get an 80$ bin for 70$ i could understand being annoyed they wouldnt take it.
At that asking price I would expect the seller paid at most ~50% to make it worth their time. Assuming that cost is true and taking out ~13% in selling fees, your offer would be a loss. IMO, you're almost always wasting your time by requesting more than 20% off the asking price. On the flipside, sellers are volunteering to let their time get wasted by not setting up their auctions to auto-decline lowball offers.
I missed an item that had a BIN of $80...totally forgot, my own damn fault But the seller relisted it at $100 with a "best offer" option...I submitted an offer of $80 since that's what he had on it before, he declined and it still didn't sell...I thought he might relist at the old price when he relisted...so he relisted it for $180...I sent an e-mail asking if it was a typo and was told that there were several inquiries so he raised the price pffft he can KEEP it I used a different BIN and got it at just less than his $100 price
i stick with BIN because i don't like playing message tag with sellers and don't want to run into dillweeds who think i should be incarcerated for asking if he'd drop the price by 5 bucks. the best thing in the world is a little research and a quick check on your bank account. if a BIN is acceptable to me, i BIN and wait for a delivery. no fuss, no muss.
