I'm finishing up my discussion from last time with one special instance that can be rather tricky to navigate
Let's say, based on what I discussed in my last post, that you decide to ask the seller for his or her price. He or she then tells you to name your price. What do you do?
There are two ways to negotiate this situation. The first option is to just offer an extreme lowball but you run the risk of offending your seller. If I'm afraid of offending the seller, I typically try the other option: an escape statement such as "Oh, I really have no idea how much this is worth; how much were you hoping for?" From the price the seller names I will then begin bargaining
In a situation in which I am forced to make an offer against my will I almost always make an extreme lowball -- usually twenty-five cents or less. If I do offend the seller, I just point out that they told me to name my price and hopefully bargaining will continue from there. The only time I try the escape option is when I am interested in a fairly valuable item that I suspect the seller knows is valuable as well.
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