If you decide it is a $200 bike/frame, and the asking price is say $90... sure... hand the person $100, and everyone is happy.

Those that offer $50 are just scum, especially if they are "flippers" and offer the same item barely touched for $250 the next day.

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Oh, I will admit that I will periodically use the "Offer" function on E-Bay. Never real low, but with a "reasonable" price. Sometimes I'll accept a seller's counter-offer, sometimes not.

There are a couple of damaged bike frames on E-Bay that I've offered what they're worth to me. Offers weren't accepted, and the frames have been haunting E-Bay for at least 6 months to a year. I.E. Seller's expectations are unrealistic.