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<p>[QUOTE=&quot;Mark Feld, post: 723051, member: 11467&quot;]I will take the other side of the argument. I believe that in most cases, a seller/owner should be the one to quote an asking price first. If he doesn&#039;t have a clue regarding what the item is worth, he should do his best to obtain that information before offering it for sale.</p><p><br /></p><p>If a would-be buyer is put in the position of having to make an offer, he is often in a lose-lose situation. If he offers too little (even if the offer is fair), he might offend the seller. And if he offers a fair or even strong price, the seller might still ask for more and/or shop the item around.</p><p><br /></p><p>As a dealer, here&#039;s something else I&#039;ve seen or experienced in making a fair offer.....A seller will shop dealer #1&#039;s offer around and end up selling to another dealer (dealer #2) for a minimal amount over dealer #1&#039;s original offer. And that is even though dealer#2 wouldn&#039;t otherwise have offered or paid nearly that much. The guy who was up front and fair ends up the loser.</p><p><br /></p><p>So in cases where I do make an offer, I often invite the seller to solicit other offers, but to do so without letting the other dealers know what he&#039;s already been offered by me. That way, at least he can see how fair or unfair the other dealers are, when they don&#039;t know the price they have to beat. Of course that still doesn&#039;t prevent the seller from selling me out for a few dollars, even to a buyer who would have taken advantage of him if able.[/QUOTE]</p><p><br /></p>

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