Quote:
Originally Posted by HRBAKER
2. what is the general concensus on what constitutes a ridiculous offer? is it 50% of the BIN? 40? 30?
I guess that depends how riduculous the Buy It Now price is, right?
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Well said.
I don't believe there is a level that constitutes ridiculous; that's why ebay has the tools in place to manage offers. I think it works fairly well. For me it also depends on the item. A less common piece will usually have a higher threshold. For example, a George Burke photo vs. a Rollie Fingers rookie card.
Remember, this is pretty much a free market with supply and demand establishing the pricing level. Use the tools, be polite, and transactions will transact. Just my .02