@drouin4wrote:
Hi, just wondering if there is a rough percentage I should be take off when accepting offers.
I had a couple of offers on the weekend where the buyer offered $30 for items selling for $45 so I accepted them.
They then went on to offer me $20 and less for items selling for $45 which I did not accept.
I know this post is a few days old now, but just thought I'd mention that often, if an initial low offer is accepted without any negotiation, the person making the offer will often wonder how much lower they could have gone and still have their offer accepted (and just in my personal opinion, a 33% discount is quite high, even if it equates to a low amount on its own).
If you get an offer that's in the realm of acceptable to you but it's still a big discount, it may pay to counter-offer even $1 or so higher just to avoid the first response being "what if I'd offered $20?". Even though it means the buyer pays slightly more than their initial offer, 9 times out of 10 they will be content that they got the best discount so don't regret not asking for a bigger one.
The actual percentage you're prepared to accept is entirely up to you, though. I haven't used best offer in a long time, but when I did I usually accepted offers between 10 and 20% off the asking price, sometimes with a little bit of haggling (they were all second hand items and I wasn't too sure about the market value, so I'd put them up at an optimum price and see how buyers responded). Other sellers will only knock off about 5%, or even less, as while 5% on the total price can seem low to a buyer, the seller is losing that from the profit which can itself be a very small percentage of the total.
