Ebay: BIN or Best Offer Option -- How Much??
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Ebay: BIN or Best Offer Option -- How Much?? Expand / Collapse
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Posted 4/13/2008 10:32:19 AM


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Was wondering if any forum members wanted to share their "rules of thumb" with the "Make Best Offer" Option...

My understanding is that you only get one chance to make an offer... so if the seller thinks you are "low-balling" their BIN price by too much you cannot give another offer later - come up in price...

So what percent do folks like to offer below the BIN? Do most folks like to take 10% off 20% etc.

Do you have different numbers you use if it is a Bronze vs. a Silver Book for example...

Thanks in advance...

dave



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Post #5050
Posted 4/13/2008 12:06:05 PM


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There is no exact formula for what a seller will accept and you get more than 1 chance to make an offer. It greatly depends on the seller, which book you are making an offer on, how rare it is, what grade it is ect.....

You can look thru the sellers Feedback and see how low he has gone on previous offers. But in the end its gonna depend on how reasonable the offer is within the market. If you offer 50% of guide on a FN issue of Flubyman #1 you just may get the book. Offer 50% on a silver age spidey thats a high grade and you will probably not even get a response.

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Post #5059
Posted 4/13/2008 1:09:57 PM


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You do get more than one chance to make an offer (I believe it's 3) and the seller may also present you with a counter offer that is lower than the BIN. I'd go for 30% of BIN and then up from there ifit's really worth it to you.

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Post #5070
Posted 4/13/2008 1:14:13 PM


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sorry...I was wrong. I guess the amount of offers allowed by the same ebayer is limited by category. Could be one or more depending.

http://pages.ebay.com/help/buy/best-offer.html

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Post #5072
Posted 4/13/2008 1:34:19 PM


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They way I see it, usually the seller that offers a "Best Offer" is already willing to negotiate the price and will almost always sell for less.  If they didnt, then they would only have the But It Now price.

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Post #5086
Posted 4/13/2008 3:51:22 PM


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Yah I would say that if the BIN option is available, its already over-priced like a used car with room to negotiate or just a book that hasn't moved in a long time.

Dropping your pants will not get you comics.
Post #5113
Posted 4/13/2008 9:16:22 PM


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They way I see it, usually the seller that offers a "Best Offer" is already willing to negotiate the price and will almost always sell for less. If they didnt, then they would only have the But It Now price.


Yep, this is what I'd think too.

BIN here cost $5 a pop to list...No real point using them unless you've got something that actually worth more than $5.


Post #5186
Posted 4/14/2008 11:08:13 AM


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Thanks for your thoughts and comments folks... much obliged...

 

 

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Post #5284
Posted 4/15/2008 6:36:36 PM


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From a buyer standpoint, I am a low baller I guess. Most people seem to price their eBay store books over GPA FMV. So, my offers will tend to be substantially under GPA. Maybe I am not a "low baller" so much is that it appears I am because most people overprice and/or overgrade their books to start with.

For my own eBay store, I stopped using the "best offer" feature largely because of people like me. However, I price my books by GPA not by Overstreet most of the time. As a seller I find that a reasonable "buy it now" button works better. I only use "best offer" on very expensive books now.

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