Author Topic: Lowballers stay away!!!!! Lowballer???  (Read 5933 times)

Offline bimmerman

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Lowballers stay away!!!!! Lowballer???
« on: September 21, 2018, 11:08:41 AM »
Ok, I keep seeing that lowballer thingy being mentioned at the for sale section and although I have heard the term lowballer before and I assume it means someone who negotiates too aggressively but what actually constitutes a lowballer? Is there a percentage guideline to go by? Is a person who asks for a 25% discount a lowballer?

Please share your thoughts on the term "lowballer" for the benefit of all.
« Last Edit: September 21, 2018, 12:08:24 PM by bimmerman »

Offline dexson

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Re: Lowballers stay away!!!!! Lowballer???
« Reply #1 on: September 21, 2018, 09:27:30 PM »
Hi, for my understanding, lowballer means someone who purposely offer some ridiculous market price knowing the price offered is way below fair market price.

That again is depending on the market value (usually pre owned here in this forum).

For me, a gentleman deal is the upmost important on classified section. ie, we wont (lowball) ask for 50% discount when we walk into a car showroom right ? Its like wasting everyone's time. Thats y we will usually "politely ignore" lowballers.

Offline Richie Richs

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Re: Lowballers stay away!!!!! Lowballer???
« Reply #2 on: October 04, 2018, 07:04:36 AM »
i think asking for 50% discount or more are considered lowballers.

Offline andy99

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Re: Lowballers stay away!!!!! Lowballer???
« Reply #3 on: October 19, 2018, 10:01:56 AM »
Its like asking RM20k for a Rolex sub where market price is 30++. Couldnt respond and can only politely ignore?

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Offline Tulip

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Re: Lowballers stay away!!!!! Lowballer???
« Reply #4 on: November 06, 2018, 08:11:21 PM »
Some who ask more than 50% of the asking price.... lots of them out there.

Offline koryong

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Re: Lowballers stay away!!!!! Lowballer???
« Reply #5 on: January 21, 2019, 07:22:41 AM »
Interesting topic ...  :thumbsup:

Whilst lowballers are often mentioned, there are also "highballers", for the lack of a better term ie. sellers who ask for used retail prices or higher ... :Cheers:

It's always subjected to different interpretation if either seller or buyer is unfamiliar with average market prices.  I always feel a fair price in a private sale should be somewhere in between the shop's buying & selling prices - which is easy to find this out.