(Topic ID: 100974)

The true meaning of the terms FIRM and OBO?

By Piparoo

9 years ago


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    #21 9 years ago
    Quoted from Piparoo:

    I always pass by sales that include the word FIRM, always. Whether it's pins, craigslist, or the antique shop, when a price tag says FIRM, to me it signals that:
    (1) the item is likely overpriced,
    (2) the seller is very, very proud of it, and
    (3) the seller is likely a tool and won't be pleasant to work with.

    So if I listed my Tron LE for sale at $4000.00 FIRM you would pass it by?

    That makes YOU the tool, not the seller.

    #25 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've seen my share of FIRM sales that were listed at very fair prices.

    I just think it's silly to say that you ALWAYS pass those sales up simply because it has the word "firm" in it.

    #30 9 years ago
    Quoted from BC_Gambit:

    I think we are suggesting you might be forming preconceptions that are harming you. Oh well. More deals for the rest of us.

    That's exactly my point.

    Like the phrase "cut off your nose to spite your face".

    #61 9 years ago
    Quoted from drsfmd:

    In the gun business, it's pretty well known that any modifications you make to a firearm are YOUR mods, and no one else is going to pay you for them. I don't see why a pin would be any different... just because you like adding shitty toys to the playfield doesn't mean that anyone else wants them or should be expected to pay for them.

    If a potential buyer thinks the pin has shitty toys on it, then they shouldn't consider adding any value for them...obviously.

    But if a pin has mods on it that a potential buyer likes, for example a Color DMD, why would they NOT be expected to pay a premium for that?

    #91 9 years ago

    I'll admit that one does bug the crap out of me.

    Day one: "$5800.00 FIRM"

    Day two: "Bump"

    Day three: "New lower price: $5500.00"

    #113 9 years ago
    Quoted from Piparoo:

    Who knew this would be so provocative? The observation I was trying to make is that the inclusion of the terms FIRM and OBO in a for sale listing may influence buyer perceptions above and beyond what those terms literally mean. In that regard, the phrase "buy it now" (at least for me) is nothing at all like the term FIRM, even if the hoped for result on the part of the seller is the same.

    Too much psychobabble.

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