Thought this would be interesting to discuss. What's your definition of a lowball offer? Is there one/standardized definition or does it mean different things to different people? Is there a percentage value of an offer below the asking price that makes the offer a lowball?
I often sell this and that on Kijiji and often think to myself that some of the offers I get are lowballs. But I don't really know why and how I define that and mostly just a feeling. Is a $3K offer on a $4K item a lowball? Is a $1600 offer on a $1800 product a lowball? Is $70 on a $90 item a lowball?
Thoughts?