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ebay Offers

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Sellers often put up items with a BIN price and also an offer option, but I sometimes wonder what their expectations are for the offer.

There was something up for £150 BIN, and I offered £140, which was declined.

What's the point of having the offer option?

Comments

  • Maybe they would accept £149.99? Lol

    On another note it may be a mistake? I had an item for buy it now and got an offer sent through, I had accidently pressed the buy it now with offer option.

    Other then that I'm not sure. I think you made a very fair offer
    :heart2:Mummy to a beautiful little girl:heart2:

    £2014 in 2014 challenge. £71/£2014
  • prowla
    prowla Posts: 14,010 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Maybe they would accept £149.99? Lol

    On another note it may be a mistake? I had an item for buy it now and got an offer sent through, I had accidently pressed the buy it now with offer option.

    Other then that I'm not sure. I think you made a very fair offer
    I was wondering that. :-)
  • cattie
    cattie Posts: 8,841 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've often wondered that myself. When I first moved into my new home about 18 months ago I bought a lot of the items I needed from ebay. I needed 2 of a particular item & I made a best offer on them, which instantly came back as declined (seller had obviously stipulation the minimum price they would accept to ebay). Anyway I gradually increased my offer & it was finally accepted at just 50p under the BIN price!

    Now when I'm thinking of doing a best offer I do a bit of research beforehand in an effort to find out what offers a seller might have accepted for a similar offer in the past or failing that, what percentage of BIN price they tend to accept at. This allows me to pitch my offer at a price that is more likely to be agreeable to us both.
    The bigger the bargain, the better I feel.

    I should mention that there's only one of me, don't confuse me with others of the same name.
  • Ebay sometimes put conditions on the free listing weekends, I had one a few weeks back where I had 100 free listings if I listed with best offer. I've also had 100 free listings if I have a minimum of 3 photos. So the seller may have just put Best Offer on to get a free listing.
  • baffcat
    baffcat Posts: 502 Forumite
    Part of the Furniture Combo Breaker
    prowla wrote: »
    Sellers often put up items with a BIN price and also an offer option, but I sometimes wonder what their expectations are for the offer.

    There was something up for £150 BIN, and I offered £140, which was declined.

    What's the point of having the offer option?

    I don't know about your seller, but I too have Best Offer on most of my listings. I usually only accept offers on 2 or more items, or from more than one listing, or if the value of the one item is great enough. I ignore or just decline silly offers, but every now and again, if money's tight, I accept, just to keep cash flow positive.

    I would've accepted your £140 offer. If an offer's within 15% of the list price, I have to look hard for a reason to decline it.
    Exclamation and question marks - ONE exclamation mark or question mark is sufficient to exclaim or ask about something. More than one just makes you look/sound like a prat.
    Should OF, would OF
    . Dear oh dear. You really should have, or should've listened at school when that nice English teacher was explaining how words get abbreviated.
  • force_ten
    force_ten Posts: 1,931 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    I had an item up buy it now for £85.00 with best offer

    one of my offers was for £40.00, a reduction of 10-15% I would accept but below that i would reject

    In your case i would have taken the £140.00 offer
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