Obo
Here is my story of an odd OBO situation. Last winter one of my white whales was put up on ebay as a buy it now or OBO. The buy it now price was 1K, about 2/3 higher than the last similar example that sold at auction for, which was about $325. I best offered three times with my last bid being $450. Seller declined all three of my bids. However, seller contacts me a couple days later and says he will take my $450 for it. I tell him no, you refused my offer of $450 and now my offer had dropped to $350 which was still $25 higher than the last comparable one that sold at auction. Needless to say he declined my offer with several expletives. But as far as I am concerned - he did that to himself.
Fast forward to this summer, same dealer has same card for same price on ebay. He has had no bids on the card since my winter time bids. This indicated to me that there is no interest in this card, particularly from where his starting price is. I place an OBO offer for $400 as I think this is the absolute maximum the card is worth. He responds that he will not take a penny less than $450 for the card, and that he would rather be buried with it instead. I shrug and go on with my day. The card still sits on ebay with his initial price of 1K with no recent bids.
This is just an example of my frustration as a buyer with OBO. Why ask for 3 times what a card is generally selling for with an OBO? Maybe you get a sucker to bite every so often if this is your marketing plan. But for most things don't you just sit on inventory?
Last edited by uyu906; 11-25-2014 at 10:45 AM.
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