Mar 27, 2012, 11:58 PM
OmegaZero_Alpha Wrote:lowballing is something I hate people up in arms about. Most of the 'lowballing' I've seen is from basic negotiating tactics.The issue is it's rarely in reason with this economy. I'm a firm believer in Hanlon's law, but with offers outside of the sphere of SOP where anonymity is closer to possible (and offers tend to range from 10% to 60% actual value, almost all the time) it really makes me question that belief.
If you ask somebody what they want to pay they're SUPPOSED to lowball (within reason*) because they expect you to come back with a highball for a counter-offer and generally you'll work something out in the middle of that.
*within reason is generally about +/- 30% of the item's total value.