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Active Offers on Reverb...24 hour insanity.

Discussion in 'Bad Dog Cafe' started by stantheman, Aug 30, 2020.

  1. stantheman

    stantheman Doctor of Teleocity

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    OK High, even though I’m a senior citizen living on a fixed income - I am NOT
    some Neanderthal, which brings me this: Why in heaven’s name in the age of the cell phone, the internet and the motor car rumble is a 24 hour time limit on an offer required?

    Seriously just say “Yes” or just say “No.”


    You know what You need to get right?

    24 hours is ABSURD. In that amount of time John Glenn circled Earth like 18 times....and that was 50 years ago. :mad::eek::rolleyes::lol:

    An NCAA Lottery Pick doesn’t need 24 hours to sign HIS OFFER...and that’s worth millions...:rolleyes:





     
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  2. Audiowonderland

    Audiowonderland Tele-Meister Silver Supporter

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    Because two hours later a better offer may come in even if yours would be acceptable. Making an offer doesn't give you preference our exclusivity. It is simply an offer. The seller has no obligation to placate your impatience. If you want it that bad, pay the asking price

    No draft pick signs within hours. They don't likely even have a contract in front of them for several days. No agent would accept the first offer either.
     
    Last edited: Aug 30, 2020
  3. JJLC

    JJLC Tele-Holic

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    I sell on Reverb & I don't mind the 24 hour offer window.
    If a potential buyer wants to utilize the offer, and the more time they have to contemplate said offer, then that may be a plus for the seller, IMO. It's a psychology thing actually that benefits the seller, again IMO.
    Not every potential buyer is gonna make up their mind on a purchase in a split second; I don't.
    I will give you an example. I recently saw a very rare item with a decent bid price & with a decent BIN price point. I wanted to jump on it right away but I walked away & came back to it many hours later, while I thought about it. I figured if I walk away & someone else nabs it, then great; I still have X amount of $$$ in my pocket. I ended up buying it any way. :lol:
    It works both ways.
     
    Last edited: Aug 30, 2020
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  4. Askwhy

    Askwhy Tele-Meister

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    I know its hard to imagine, but not every person is connected 24/7, even if they are reverb sellers.
     
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  5. Askwhy

    Askwhy Tele-Meister

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    Great answer!!
     
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  6. Toto'sDad

    Toto'sDad Telefied Ad Free Member

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    I'm sorry, let me see if I got this right. You want to set the parameters of the sale of someone else's property that you MIGHT be interested in?
     
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  7. Mr Gunny

    Mr Gunny Tele-Meister

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    Not to mention some people work odd hours and don’t have access to internet/cell phone for personal use at their jobs. If it was a shorter window there would be people complaining about missed offers cause they only check email once a day.
     
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  8. esseff

    esseff Tele-Afflicted

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    Snappy competitive bidding - sounds OK to me.
    Maybe some people have urgent bills to pay.
     
  9. Mike Eskimo

    Mike Eskimo Telefied Ad Free Member

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    99.9% of Reverb/EBay/CL gripe threads on the TDPRI are generated by guys on the buying side of the transactions.

    Which is ironic considering what a pain in the d**k it is being a seller.

    Y’all sure know how to use a wahhhh-wahhhh !

    89FD18EC-4827-4799-AFD1-99BD76ABEF3E.jpeg
     
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  10. stantheman

    stantheman Doctor of Teleocity

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    What I want is the guy to COWBOY UP and say ye or nay.
    This is not mega millions this is not powerball.
    If it’s NOT ENOUGH be a Gentleman and have the decency
    to say “I need more.”

    That’ all I’d like.

    Anyways I already withdrew the bid so let him wait another
    8 months for his boat to come in.
     
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  11. stantheman

    stantheman Doctor of Teleocity

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    Are You the guy I banned from my auctions Mike?
    You’re still banned. :D:D
     
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  12. Audiowonderland

    Audiowonderland Tele-Meister Silver Supporter

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    Let's be fair. If an offer was made, he committed to the purchase. He just wants it immediately accepted so he doesn't get outbid
     
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  13. Mike Eskimo

    Mike Eskimo Telefied Ad Free Member

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    All you had were Crate amps and Daisy Rock 3/4 guitars anyway !!!:mad::mad::mad::lol::lol::lol:
     
  14. nojazzhere

    nojazzhere Doctor of Teleocity

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    Goodness!.....someone needs another cup of coffee......
    .....or a beer! ;)
     
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  15. Audiowonderland

    Audiowonderland Tele-Meister Silver Supporter

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    Not accurate. You don't want an answer. You would get that in 24 hours. You want an immediate answer for your convenience which is in your best interest, not the sellers. It's in the sellers best interest to wait and see if a better offer is made
     
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  16. Audiowonderland

    Audiowonderland Tele-Meister Silver Supporter

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    Then they need to lower the asking price
     
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  17. Marc Morfei

    Marc Morfei Friend of Leo's Silver Supporter

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    The seller does not have to wait 24hrs. He can accept your offer immediately if he wants to. But if you have offered less than asking price, it gives the seller some time to find a better offer. When you place your offer, an automated email goes out to everyone else who has bookmarked that item, informing them that an offer has been made and they better act now if they want it. So it gives other people the chance to top your offer.

    I have bought and sold many items on Reverb. An offer almost never hangs out there for 24 hrs. It is almost always dealt with the same day. If the offer is close to asking price, the seller will accept or make a counter offer. If it is a lowball offer, the seller will reject, counter, or sometimes simply ignore the offer (if it is insultingly low). But in my experience, no matter what happens, a response is almost always given or received within a matter of hours.
     
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  18. Toto'sDad

    Toto'sDad Telefied Ad Free Member

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    I would say you both sensibly exercised your rights as buyer and seller. BTW, HOW do you know he is going to be waiting exactly eight months for his boat to come in? :lol:
     
  19. soulgeezer

    soulgeezer Poster Extraordinaire

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    Personally, I consider it a point in the seller’s favor, if I get a quick response. It’s one more way to judge trustworthiness, in addition to feedback.

    The people I dislike are the ones that never respond and let the offer die on the vine. Not cool, in my opinion.
     
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  20. schmee

    schmee Doctor of Teleocity Silver Supporter

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    I agree it's a PITA sometimes. Strangely sometimes things come through phone and email after a long time occasionally. Not sure why. It's a PITA on a seller's or buyer's side. I had two speakers FS for a couple months. On the same day one person wanted to buy 2 and another offer came through on 1. Go figure.
    As a seller or buyer you can withdraw your offer.
     
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