their best offer is going to be? I mean, if someone calls them and offers them $1200.00 are they supposed to leave their number so they can get a call back if they are the best offer? How long does someone normally wait before accepting an offer?
2006-12-13 15:20:14 · 11 answers · asked by Corona 5 in Society & Culture ➔ Etiquette
or best offer just means they will negotiate. Most of the time the sell to who the first comer that has a good price.
2006-12-13 15:23:10 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It depends on the seller and what kind of offers they get. As others have said, it really is an invitation to "make an offer" that is fair and reasonable to you. They may take the first offer they get, or they may hold out for a higher offer. Just because you make an offer, they are not obligated to get back to you if someone offers more. My personal philosophy, as a buyer and a seller, is that if you want something, put your best offer on the table, or make an offer but let them know that if someone else offers more than your initial offer, you would go as high as "x". Most sellers can respect you wanting a good deal if you are the only one offering to buy, and you're contingency offer will be firm if someone else offers something in between, they can tell that second person they have an offer higher than that, then contact you. As a buyer, I know that if I don't put my best offer out there, I risk not getting whatever it is. As a seller, I just want to sell my item, not make a bunch of calls while cheapskates outbid each other dime by dime. This is a long answer...hope it's at least helpful!
2006-12-13 15:43:06 · answer #2 · answered by huh? 3 · 0⤊ 0⤋
There isn't a normal for individual sellers. They may want to get rid of it. Make some quick cash or, hold out because of sentimental value. If you really want what they're selling, you could ask them to call you (or a parent or friend ) if someone has topped your bid. Obo almost always means room for bartering.
I once bought a car from a stranger and we wrote out our own payment plan.
2006-12-13 15:27:42 · answer #3 · answered by micky 2 · 0⤊ 0⤋
$1500.00 obo means they want to get 1500.00 for it, but they'll listen to anything close to that. Sometimes they'll take a number and call you back, other times they will just decide on the spot whether your offer is good enough or not.
2006-12-13 16:52:22 · answer #4 · answered by old lady 7 · 0⤊ 0⤋
Or Best offer means that it goes to who ever makes the best offer. Like for instance, If someone offered to pay $1,500 but then someone else came along and offered $1,700 then the seller will sell it to whom makes the highest bid. Because it's the BEST OFFER!!! Hope that makes sence!!
2006-12-13 15:25:15 · answer #5 · answered by I love my kids! 2 · 0⤊ 0⤋
I think most of the time when people put OBO on their sales, it means that they are willing to negotiate the price, so it doesn't hurt to throw a figure out there.
2006-12-13 15:24:55 · answer #6 · answered by MES 2 · 0⤊ 0⤋
Yes
2006-12-13 15:28:56 · answer #7 · answered by dogpound 1 · 0⤊ 0⤋
It means make an offer and they will consider it. No response means no deal.
2006-12-13 15:23:30 · answer #8 · answered by Anonymous · 0⤊ 0⤋
A reasonable time. Depends on the nature of the asset.
2006-12-13 15:57:58 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Long enough for the eyesore factor to be overwhelmed by the obo factor. O.B.O is just a way of saying...."Hagglers welcome"
2006-12-13 15:45:13 · answer #10 · answered by 35 YEARS OF INTUITION 4 · 0⤊ 0⤋