(Topic ID: 100974)

The true meaning of the terms FIRM and OBO?

By Piparoo

9 years ago


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    #50 9 years ago
    Quoted from Piparoo:

    How many FIRM sales do you come across that are priced well below market value? My experience has been that those types of sales are the minority.

    I have to agree with this. The only "firm" ads I tend to see are ones that are way overpriced IMHO. Those types of ads sit because someone overpayed for a pin, LEDs, mods, whatever and now thinks they should be able to pass that on to someone else and recoup all their costs. Seems the seller adds "firm" so they don't get people offering them what it's really worth since they tired of hearing it and would rather live in fantasy land. IMHO, if something is priced right, you don't need to add "firm" to it, the sale takes care of itself. I can't say I have ever bought a pin with "firm" in the add and I am not a haggler that has to get a lower price. If someone has something I want priced fairly, I will take it, not try to bust them down even more.

    #56 9 years ago
    Quoted from Grinder901:

    Yea heaven forbid someone wanting to recoup some of the money and time taken to add items to the pin. If you want it stock or think it should be a certain price, throw out a number and say why and let your haggle fest begin.

    "Some" money is the key. If you overpay for something, it isn't anyone else's responsibility to take on that burden when you go to sell the pin and people shouldn't expect it to be. Same thing to be said if you spend 100 hours adding action figures and color changing lights to a game. Perfect example, today on a pinball enthusiast Facebook group a woman wanted to buy her first pin, a High Speed. She was looking at one that was $3450...but the seller was generous and would go down to $2850 for her. What do you think she would be asking for the game when it comes time to sell? She would be a prime example of someone who would use "firm" cause she is tired of getting offers in the realm of what the game is actually worth. She wouldn't want to take a bath on it, which is understandable, but that does change reality or what the pin is worth.

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