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Re: proper buying etiquitte


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Posted by kyhayman on January 09, 2011 at 20:55:21 from (75.104.128.55):

In Reply to: proper buying etiquitte posted by skip33652 on January 09, 2011 at 07:12:36:

Im all over the board on this. As a seller, I've usually got room on a tractor or piece of machinery to negotiate, just because most people do. Hay, cattle, and rent generally not. What I price it is what I have to have. My favorite line about price is 'it is what it is'. I've found with hay there is always someone who wants to sell below his cost of production. Im not into buying me a job.

As a buyer, I always ask 'whats your best price'. If its more than I'm willing to pay I'll tell them that, and tell them what I am willing to go. Biggest surprise of my life was when I was trying to buy a dozer, his best price was 18,000. 15 grand was all I had. I counted out 15,000 in 100 dollar bills and he could see that was the whole roll. I asked him do I take this back home or are you sending me a dozer tonight. He said the truck will follow you home with it.

Biggest mistake I ever made was on a farm next to me. Guy listed it for 150K for 76 acres back in the 90's. It was worth about about 80K. I'd have given 110 just because of where it was. I didnt want to insult him by low balling that much so I never made an offer. He sold it for 75K.


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