22 Comments

Sellers only get "ripped off" as you say, if they accept a low bid. It's stupid, I agree, but it's also a democracy.

It's a breach of the forum rules. If you see this happen, we appreciate a report. http://www.hotukdeals.com/forums/images/custom_buttons/report.gif

Also, we encourage the seller to "police" their own thread, so to speak, and report anything in it that breaches the rules. Thanks.

Original Poster

There is nothing democratic about offering 50% of asking, with a 'take it or leave it' proviso imo. Of course, that is just my opinion.

Also, a lot of sellers have over inflated opinions on how much their gear is worth (myself included), what some people would consider being a 'lo-ball' offer by some could actually be nearer to the actual value of the item. Where possible this should be backed up with evidence when placing the bid.

I agree with what u are saying but sometimes the seller adds on extra so they can be haggled down - surely it works both ways

I think they are perfectly acceptable, i sold a car a few months ago, advertised for £3800, seller offered £3000 and i sold it. Likewise, with a car yesterday, advertised at £195 accepted £100.

If you don't ask then you don't get

Original Poster

Ritchie 2;2809781

Also, a lot of sellers have over inflated opinions on how much their gear … Also, a lot of sellers have over inflated opinions on how much their gear is worth (myself included), what some people would consider being a 'lo-ball' offer by some could actually be nearer to the actual value of the item. Where possible this should be backed up with evidence when placing the bid.



I agree with that, but lets get real. If you put up a PSP for £85 you get offered £65. Put the same PSP up at £65 you get offered £50. I ask, what's the point of having an asking price if it's just the starting point to getting haggled down?
My opinion is that everything is subject to low-ball offers. The only things that go at 'asking' are freebies. Even then, people grudge paying the postage.
Just trying to stick up for sellers is all, not just myself. I'm always first in there to plug any seller offering stuff at a good price, but even then people still follow suit with the old 'what's your very, very best price?' line :thinking:
My question is how cheap does an item have to be to constitute a bargain? Or is no price cheap enough?

Scribbles;2813761

Or is no price cheap enough?



Probably, it is very very rare that something goes for asking price on here, there's usually always some negotiation before hand, Unless it's a really low price, by an unresearched seller, like psp for £20

second hand stuff is only worth what someone is willing to pay for it

when i do bootfairs i know people will haggle its all part of the sale, some people may say its not worth X amount but thats what the item is worth to myself and vice versa.

At the end of the day the seller does not have to accept a lower offer and the buyer does not have to pay asking xxxxx

Why allow bids under the asking price anyway. If there is no interest the seller can easily adjust their selling price to entice buyers if they get no bids. I mean the rules seem to be biased against the "bidding" stylee, as they don't allow bids over the asking price and obviously the seller must then list their max price.
It seems to be unfair on the seller to be so tied up, but the buyer can bid whatever they like. It'd be a lot easier to go for the BIN style and get rid of "under bidding" altogether.
If someone starts with a low offer also, which in any other circumstances would be seen as taking the p, it may have the effect of making more serious bidders think "maybe this widget is only worth blah like cheapman99p has bid" when it is actually worth blah++, "I'll wait and see if there is someone willing to sell at blah"

The way I look at it, the whole For Sale/Trade forum is very car bootsale like. People offer items at a price but in nearly all cases people haggle them down, a few pounds here and there, and sellers have come to know that and adjust prices accordingly.

Easy solution is that if people seriously don't want any offers then state that in the listing and simply don't reply to low ball offers. Every seller is different, what may seem very low ball to one might be hitting the asking price of another. No harm in trying your luck :thumbsup:

The way I see it is you don't pay anything to be a member here, you don't pay a commission when buying or selling it is all 100% free

If you don't like it, no one is making you use it, everyone knows they can get more money for their stuff on E-bay but that's at a risk that only 1 person will bid and you end up selling for a stupidly low price. No system is perfect at least here if a buyer doesn't like an offer they don't have to accept.

Whoever said abut not allowing bids under the asking price that i just a ridiculous suggestion as the only way things will sell is if it is a stupidly low asking price.

Every seller wants as much money as possible so raise their asking, every buyer wants a good deal and haggle for it, With a little bit of haggling both parties reach a price they are happy with, if both parties aren't happy there isn't a sale.

Keep it as it is I say

Sloth/Mod

It's ok.........OTBC has been banned from FS/FT now...........you should notice an improvement in offers soon. :lol:

guv;2821716

Whats unfair about it? The thread even gets a bump - then another when … Whats unfair about it? The thread even gets a bump - then another when the seller says no thanks.



It just seems that the seller has their hands tied where there is genuine intrest from multiple parties - because they are not allowed to go over the selling price - yet buyer's can have a merry old time (to a extent) bidding ridiculously under this price.
As for the bump factor - if you like playing hard to get I suppose you might get some enjoyment out of constantly telling people to get of your thread - until they bring some real money!
A lot of people get defensive of this model because they enjoy taking the p out of sellers, and getting things cheaper than they would elsewhere - mainly due to their persistence in wearing down the seller. How many time have you seen - "well my offer is on the table" etc..
I dunno if I'm making sense because my brain is mush atm

guv;2822705

Problem also (thats been mentioned already) is that many sellers think … Problem also (thats been mentioned already) is that many sellers think the goods they are selling are worth far more than they really are.Unless you are a trader, it surely always has been about a barter system?



That's my point really, the fact that it is a barter system brings these problems - albeit a one sided one - means you get the problem of low ball bidding, and over valuation of goods. Why not be done with it and instead get the seller to fix a price which is reasonable to begin with. If a item is overpriced, the market force (i.e lack of a sale) will soon get the seller to either reduce the price, or withdraw the item.
Much neater system imo - but it's just blowing smoke really, because I can't see any major changes happening. Maybe it's just because I dislike haggling - I mean I've had people trying to get extra money off at the PM stage!

MoneySavingG;2823149

If a item is overpriced, the market force (i.e lack of a sale) will soon … If a item is overpriced, the market force (i.e lack of a sale) will soon get the seller to either reduce the price, or withdraw the item.



Because the seller continuously lowering the price until a buyer takes it is a dutch auction, which is far worse than the present system in my opinion. I can't see why low-ball offers are a problem myself, its easy for the seller to say 'No!'...

Sloth/Mod

At the end of the day...........the seller doesn't have to sell less than they want and the buyer doesn't have to buy at more than they want.

If a price can't be agreed then both parties can either buy new, car boot, ebay and countless others.

So many alternatives that having the facility here is just a bonus.

What was it Zammo and Roland said?

If someone is putting in absolutely ridiculously low offers then please let us know (by reporting the post). We'll make a note of it and see if we get further complaints.

Sloth/Mod

Just to change the subject rather than start a new thread.

I've seen a For Sale thread locked this morning for not having a pic attatched. Has this finally become a rule now or is this one person being singled out and suffering bad luck day. lol ?

Syzable;2831342

Just to change the subject rather than start a new thread.I've seen a For … Just to change the subject rather than start a new thread.I've seen a For Sale thread locked this morning for not having a pic attatched. Has this finally become a rule now or is this one person being singled out and suffering bad luck day. lol ?



It's not a rule, but the person only joined this month, and is selling something for £900 and lives in a place where the chance of someone picking it up is slim to nil.

The mod has made it clear that the thread will be opened once piccies are available.

Sloth/Mod

thesaint;2831399

It's not a rule, but the person only joined this month, and is selling … It's not a rule, but the person only joined this month, and is selling something for £900 and lives in a place where the chance of someone picking it up is slim to nil.The mod has made it clear that the thread will be opened once piccies are available.



Then that is an unfair system. It doesn't matter if someone is being conned out of £10 or a £1000. The intention is the same.

Half assed efforts are pointless in my book.
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