Why do people put OBO in their ads then when you ask, they are unwilling to negotiate on the price at all?
Is it the old "what's the lowest you'll take," question?
There's obviously a difference between a lowball and reasonable offer.
And if the seller thinks its too low, why not counter with something a bit lower than what your original price was to show where you're at?
And if the seller thinks its too low, why not counter with something a bit lower than what your original price was to show where you're at?
I've never heard that interpretation.
However, there was a thread here a couple of weeks ago about OBO allowing the offer to back out of a deal if he received a better offer.
If I put OBO and get a really low offer I just say "no thanks" with no hint of negotiation. More often than not though, when I sell something, I try to post it at the lowest amount I'm willing to take. I prefer a quick sale with no BS over a bunch of back and forth haggling over a few bucks.
I guess a recent example is an item on ebay.
Completed item history shows the exact same item has sold for $26-56 over the last two months.
Guy lists the same thing with a BIN of 75 or make offer. Make him an offer in the ballpark of what the others have sold for and he proclaims how the offer is under his BIN price.
No kidding...isnt that the point, to offer them something reasonable based on recent sales history?
Completed item history shows the exact same item has sold for $26-56 over the last two months.
Guy lists the same thing with a BIN of 75 or make offer. Make him an offer in the ballpark of what the others have sold for and he proclaims how the offer is under his BIN price.
No kidding...isnt that the point, to offer them something reasonable based on recent sales history?
That meaning does not jive with google or the urban dictionary. Both refer to "or best offer"
https://www.google.com/amp/s/www.urbandictionary.com/define.php?term=obo&=true?client=safari
