Huh? I'm confused

Canadian Poncho · A Poncho Legend!

Huh? I'm confused

poncho62 · Poncho Master!

I guess $1500 is the minimum he will take.....Good luck with that $1650 now.....lol

65Camino · Uber Guru

Why put the lower price in at all ?

Canadian Poncho · A Poncho Legend!

My thoughts exactly...

hawkeye5766 · Canadian Poncho Superstar!

Thinks he's a car lot......must be the sale price..... See a lot of adds like these. Buy it now for this price or the price goes up when I relist....??? Yup, didn't sell so list it higher next time!!

MC · Canadian Poncho Superstar!

Reminds me of my friend's rich cheapskate father back in the 1980s... even though he was a rich old coot (he had owned a real estate firm), he was a wheeler dealer, so every week he'd take a bunch of junk to the flea market that he bought cheap, put a price on double what he wanted, crossed it off and then put on the price that he actually wanted. People would come by and think they were getting 50% off of what he wanted, so they'd buy it up.

This person wants $1500 for it, but wants people to think they are getting a deal. confuse

1965CS · Guru

Some people just aren't good at selling. When I bought my 65, the ad said asking 5,000 OBO. When I went to look at it the first thing the guy said was that it was supposed to be $4,000 OBO. Figured I saved 1,000 before negotiating.

Strange since the guy was a realtor....

Canadian Poncho · A Poncho Legend!

Yes, some people don't get it. When I went to buy my Park Avenue this summer my wife and another couple came with me to look at it (we made a bit of a day trip out of it- getting lunch first etc).
I'm at the stage when I'm going to try to negotiate the price with the seller when all of a sudden my friend's wife says "If you don't buy it Rick (another mutual friend) will!". That took quite a bit of steam out of my ability to negotiate...

ak 67sd · Poncho Master!

I see this more often now... I think sellers know that people like to dicker on price... they know if they put $1500 firm someone will try to get it cheaper... so they put the obo price or a firm price so that the buyer can still have the satisfaction of getting them down to $1500!! ... seriously, that's my theory!

ak

Winnipeg · Addicted!

Canadian Poncho wrote:
Yes, some people don't get it. When I went to buy my Park Avenue this summer my wife and another couple came with me to look at it (we made a bit of a day trip out of it- getting lunch first etc).
I'm at the stage when I'm going to try to negotiate the price with the seller when all of a sudden my friend's wife says "If you don't buy it Rick (another mutual friend) will!". That took quite a bit of steam out of my ability to negotiate...

lol....I take it she is off the Christmas list this year??

Canadian Poncho · A Poncho Legend!

lol, no. She was just a bit naive about the buying process. She felt bad after the fact when her hubby explained she may have have cost me a few hundred bucks in savings lol.

66 Beau · Poncho Master!

ak 67sd wrote:
I see this more often now... I think sellers know that people like to dicker on price... they know if they put $1500 firm someone will try to get it cheaper... so they put the obo price or a firm price so that the buyer can still have the satisfaction of getting them down to $1500!! ... seriously, that's my theory!

ak

Ive seen a slight variant of this where the seller states Price is $1500, but if you want to negotiate, we can start at $1650 and you can negotiate down to $1500. Truth in advertising?

Pontiacanada · A Poncho Legend!

Canadian Poncho wrote:
lol, no. She was just a bit naive about the buying process. She felt bad after the fact when her hubby explained she may have have cost me a few hundred bucks in savings lol.

I've taught my Wife how to negotiate (I have certain rules when negotiating), and now she is an ace at the art of the deal.