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  #16  
Old 05-23-2013, 12:34 PM
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Quote:
Originally Posted by whunter View Post

#2. Cursing/abusive language causes me to walk away.


.
I have heard that the above usually results in drawing of firearms in Detroit.

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  #17  
Old 05-23-2013, 12:43 PM
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I'm selling stuff at the moment (such as cots for babies - car seats - all stuff the children are too big for now) and I'm advertising everything at fixed come and take it away prices; you know cot = 15 euros etc etc

I still get whinging and moaning - I still get "I'll take the cot and the bottle warmer for 10 euros" etc.

So far my response has been to raise the price by 5 euros every time I get a whinge. They get all upset and then find that the price has gone up again by another 5 euros. It is truly amazing how thick people are but for some people it has taken four price hikes for them to see the trend...
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  #18  
Old 05-23-2013, 12:58 PM
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Umm

Quote:
Originally Posted by Zulfiqar View Post
I have heard that the above usually results in drawing of firearms in Detroit.
There is that issue.

The good news = it is lower this year, only shot 119 dead so far..

Breaking News Detroit road rage people shooting while driving March 3, 2009 - YouTube

Prosecutor: Witness in Detroit road rage shot and killed - Fox 2 News Headlines

Detroit Police Search For Masked Gunmen Who Killed Teen « CBS Detroit

Detroit Police Search For Masked Gunmen Who Killed Teen « CBS Detroit

Detroit shooting leaves 11-year-old boy, man in critical condition | Detroit Free Press | freep.com
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  #19  
Old 05-23-2013, 03:38 PM
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Probably ammunition cost too much now. The general population should try to get things settled down as the Chinese seem interested in the area.

They may or may not care about the violence. Why take a chance though on them being turned off? I suspect they think it may be a low wage area of the states in the future. Areas that have been very hard pressed have rebounded before. There also are cases for many reasons some just have not as well.
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  #20  
Old 05-23-2013, 03:50 PM
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Quote:
I'm selling stuff at the moment (such as cots for babies - car seats - all stuff the children are too big for now) and I'm advertising everything at fixed come and take it away prices; you know cot = 15 euros etc etc

I still get whinging and moaning - I still get "I'll take the cot and the bottle warmer for 10 euros" etc.
We had a "yard sale." You place items for sale outside with price tags on them for strangers to pick through. Haggling is inevitable. One woman picked up an item marked twenty five cents and asked my wife if she would take fifteen cents instead. My wife looked at the item and replied "Actually, that was marked incorrectly. It should only be ten cents." The woman said "Oh? In that case, would you take five?" My wife politely declined.

Quote:
There is a rule in negotiating which says "The first person to name a price loses."
You believe this is true? What would it take to change your mind?

Last edited by 1project2many; 05-23-2013 at 04:06 PM.
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  #21  
Old 05-23-2013, 05:58 PM
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It's the same with me. I've been selling my Caddy for I don't remember how long, they come, say "it needs too much work", try to get me to lower the price, and I say th them "have a good day, sir". Been for sale for over a year now, and I don't care if they go aggressive or nice or what...
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  #22  
Old 05-23-2013, 11:02 PM
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Quote:
Originally Posted by 1project2many View Post
We had a "yard sale." You place items for sale outside with price tags on them for strangers to pick through. Haggling is inevitable. One woman picked up an item marked twenty five cents and asked my wife if she would take fifteen cents instead. My wife looked at the item and replied "Actually, that was marked incorrectly. It should only be ten cents." The woman said "Oh? In that case, would you take five?" My wife politely declined.
Now that's funny right there. F'n clueless, some people.

Quote:
Originally Posted by 1project2many View Post
You believe this is true? What would it take to change your mind?
Old myth. Someone's reading too many "how to" books.


I have to say never have I encountered a potential buyer who became aggressive or verbally abusive. Seeing as how my fuse is pretty short to begin with it prolly wouldn't end well for that idjit. Just sayin.

MBZ123
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Last edited by MBZ123; 05-23-2013 at 11:03 PM. Reason: spelling
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  #23  
Old 05-24-2013, 03:37 AM
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Kind of the same here but no Arabs, the Russians and Ukrainians cornered the car parts and used car business. Instead of maybe buyers, all manner of strangers come up my drive when I have the garage door open, and say inane things like, "you spend more time rebuilding a car than anyone I know". When I ask how many cars they ever rebuilt, they hem and haw and talk about having a vintage car that their mechanic works on. Too many watch the car shows on TV and believe everything happens in 1 hour.
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  #24  
Old 05-24-2013, 08:01 AM
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Quote:
Originally Posted by 1project2many View Post


You believe this is true? What would it take to change your mind?
Make me an offer that I can't refuse.


Quote:
Originally Posted by MBZ123 View Post
Old myth. Someone's reading too many "how to" books.
Someone doesn't know the difference betwen a myth and a paradigm. (Probably hasn't read many books.)

Being the first to name a price doesn't guarantee that you will lose, but it absolutely creates the opportunity to do so. Any time a seller names a price that it less than the buyer is willing to pay, he loses. No doubt about it. Any time a buyer names a price that is more than the seller would take, he loses. No doubt about it.

Last edited by qwerty; 05-24-2013 at 08:19 AM.
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  #25  
Old 05-24-2013, 09:42 AM
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Originally Posted by qwerty View Post
Any time a seller names a price that it less than the buyer is willing to pay, he loses. No doubt about it.
Of course, true.

However, in the usual give and take of buyers and sellers of automobiles, the buyer never has a firm number on what he will pay. It's always a negotiation and the effectiveness of the salesman is what drives the negotiation.

A good salesman goes in very high and gets the buyer to trust him about the "quality" and "care" that the vehicle had over its lifetime. Then he "makes a deal" and comes down $500-$1000 and the buyer believes he's getting a steal.

Of course, there are those who demand a high price but cannot "sell" the buyer on the reasons to purchase it. Those folks still have the vehicle.
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  #26  
Old 05-24-2013, 10:43 AM
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Quote:
Originally Posted by MBZ123 View Post
I have to say never have I encountered a potential buyer who became aggressive or verbally abusive. Seeing as how my fuse is pretty short to begin with it prolly wouldn't end well for that idjit. Just sayin.

MBZ123

Based on the experiences of my buddy who owns a shop, some people take license to have a big mouth when they are dealing with a mechanic on a car sale. (The same individuals would no doubt be less aggressive dealing with a professional salesperson at a dealer.) Unlike WHunter, however, my bud doesn't turn the other cheek. Very rare someone takes license to run their mouth with him more than once, as he can switch from affable to making the person understand UH OH I REALLY SHOULDN'T HAVE MOUTHED OFF AT THIS GUY really quick.... 30-some years of dealing with people in the car repair trade will do that.

When I sell cars I rarely display a 'for sale' sign when the car is parked at my residence, unless I am really having no luck getting calls from ads. I use the incoming phone calls to screen people. Rude, aggressive and/or 20-something persons of certain nationalities known for offering 25-50 cents on the dollar for whatever they see (because they plan to curbside the car themselves) receive very discouraging information and indifferent attitude on the phone -- if I take the call at all. Sometimes I let everyone go to voicemail then decide who gets a call back. Simple lessons of experience, wasted time, frayed nerves.

Actually the curbsiders used to be the easiest to spot, back when the print autotrader was the only game in town, as they would start calling within hours of each weekly edition hitting the stores and would continue for until about 24 hrs later. I wouldn't even answer the phone during that time, I would just let the voicemail do its job.

Observation: the only way you can lose, by being the first to state a price, is if you didn't do your homework and you come in low. If the car is priced correctly, you should be okay.

However, unless you are trained in sales, you never, ever answer the following (very common) question that often takes newbie sellers off guard: "What's the bottom line price you'll take?"

When you answer that with anything but the current full asking price (and a laugh to set the tone), you have just condemned yourself to receiving an offer for the amount you stated, minus 1/3 (or worse).
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  #27  
Old 05-24-2013, 11:31 AM
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Originally Posted by Zacharias View Post
Observation: the only way you can lose, by being the first to state a price, is if you didn't do your homework and you come in low.
No amount of homework is typically going to allow you to determine what a particular buyer is willing to pay. The first person to name a price loses the advantage. No two ways about it.
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  #28  
Old 05-24-2013, 11:35 AM
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any time someone insists I make the offer of price, I tell them $10K (NOTHING I have is worth that...) they then mouth agape say SERIOUSLY? and I tell them to counter...
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  #29  
Old 05-24-2013, 11:39 AM
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say I am selling something for $5000 and did not state OBO...they offer 4000 and I will counter with 6500. I will get a response like "you can't do that!!!!" Some people get the point quicker than others and some get downright pissed off . It's fun to watch how people interact with others in different settings.

I did that to a little old lady that came to my last yard sale and I thought she was going to shoot me. She came in with a grumpy attitude, I tried a few jokes and tried to cheer her up, others at the sale saw what I was doing and knowingly smiled in my attempt to brighten her day. She'd walk around ask prices for about 10 minutes and finally was turning into a Debbie Downer and killing the atmosphere of the sale. She asked what I was selling something for, I forget what but lets say $10, she says something like its worth $5, so I then said, ok make it $15 and you have a deal! Her face lit up, she started spitting fireballs and dressed me up and down with a few choice words after saying to me..."you can't do that !!!!!!" Kept going for about five minutes and finally had to kick her out to the applause of other shoppers. A truly surreal experience.
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  #30  
Old 05-24-2013, 01:49 PM
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Quote:
Originally Posted by qwerty View Post
No amount of homework is typically going to allow you to determine what a particular buyer is willing to pay. The first person to name a price loses the advantage. No two ways about it.
There are some exceptions.

If you as the seller refuse to provide a price, I will offer a price that is significantly below what I believe the vehicle is worth. Say it's a $5K vehicle...........I'll offer $3.5K.

Now that a lowball offer is on the table, the seller has only two options:

a) Just walk away.

b) Negotiate up from that price.


So, in this instance, letting the buyer give the first price is an unsuccessful approach. If you are the seller, you walk away without knowing what the buyer was willing to pay. Or, you begin negotiating upward.

A clear example of waiting for a price from the buyer and losing the sale.

Offering up your own price............realistically high...........is a much better tactic.

Your only loss in this scenario is if you give a price that is below what the buyer will pay. If you've done your homework, this is a very remote possibility and can be easily dismissed for most items that have comparables. Now, if you're selling a very rare item, where there is no easy way to compare it, all bets are off.

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