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View Full Version : Low Ball offer?


Tee
08-21-2008, 11:51 AM
At what percent below asking price would you guys consider an offer as a low ball?

kevnmcd
08-21-2008, 12:10 PM
Anything less than the asking price is a low ball offer! IMO Can't blame someone for asking though....I would probably do the same thing.

BADFISH II
08-21-2008, 01:38 PM
I think people expect a deal within 10% of asking price but more commonly ends up 5% - that's my gut feeling.

Anything less than the 10% is a REAL LOW BALL offer I think. But 10% less would just be considered an offer in my book.

I had a deal nearly done on my boat last week - guy couldn't get financed even with 20% down. Stuart at Boulder Boats is the MAN! Hopefully he'll find me another buyer.

Tee
08-21-2008, 02:06 PM
Thanks Greg, thats what I was thinking. I got one today on mine that was 16.5% below asking. I told him no thanks. Then he jumped up to 14% +/- and I still said no, and countered with a 5% drop. He had to think about it and I havn't heard back.

Would be a different story if I didn't already have it listed at just above trade in value!!!!!

Rude
08-21-2008, 02:28 PM
alot of people are just looking for the deal of the decade too. there are a bunch of people hurting financially that just need to unload there toys to pay the bills. i can't blame a guy for trying, but it's frustrating and can be insulting if you are the seller. i had it put to me this way once, "if you're not embarrassed by your offer than you offered too much".

boaterboy
08-24-2008, 07:59 AM
You may want to think about that offer some more it my be the only one you get for some time its a very soft market out there for toys..:director:

SteveC
08-24-2008, 11:18 AM
Basic economics. Supply vs. demand. When it comes to current real estate .......

Tee
08-24-2008, 05:47 PM
Boat sold today for 4% less than asking price.....Of course the asking price was down around low book, and it was/is a high book boat...........

Rude
08-25-2008, 06:59 AM
CONGRATS ON THE SALE!!!!!! now you get to go shopping for it's replacement :)

SteveC
08-25-2008, 07:41 AM
Congrats!!

BADFISH II
08-25-2008, 08:55 AM
SWEET!

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