(Topic ID: 262929)

(OBO) What’s it really mean?

By BobT

4 years ago


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  • 21 posts
  • 17 Pinsiders participating
  • Latest reply 4 years ago by JoeHog
  • Topic is favorited by 1 Pinsider

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    #8 4 years ago
    Quoted from BobT:

    “Or Best Offer” seems to mean something different to everyone.
    To me it means, “I want to get it sold, and am willing to negotiate a bit. Get me close. Don’t make an offensive lowball offer, and you got a deal.”
    If I don’t list the item (OBO) I might still accept a bit less, but only slightly less as I am less motivated to sell.
    And obviously (firm) means the price is the price. If I don’t get my price I won’t sell.
    HOWEVER...
    To some sellers it seems (OBO) means firm. Or perhaps firm unless they get no bites????
    Shouldn’t they list it as (firm), or at least not (OBO), and edit the listing as their intent changes????
    Ughhhhh....
    Thoughts?

    Quoted from JonCBrand:

    I always looked at OBO as,
    If you want it now pay asking price otherwise shoot me an offer and I will consider it along with other offers, if the offer is low enough I tend to not even respond.

    I am usually in the camp of these two thoughts.

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