We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

BIN or Make an offer

245

Comments

  • force_ten
    force_ten Posts: 1,931 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    I normally look for a reasonable offer of about 90% of the buy it now

    list for BIN £100, best offer set at automatically accept £90.00 and above and if i get an best offer £80.00 then i will counter with £90.00

    10% off and the buyer is often happy, the buy it now was 10% over what i wanted so if somebody hit the buy it now without a haggle then winner winner chicken dinner
  • Sometimes sellers do accept a 50% offer.

    I don't really see it as a problem, 'Make an Offer' doesn't say make me an offer of 90%, it is open, worth a go.

    I've done it before, probably more times than I can remember, first offer low, second offer raised, third offer around about what I am prepared to pay.

    It's easy with the auto accept / decline feature sellers use, and sometimes my offers are declined.

    Offering low happens in the real world and works sometimes, so why not on eBay? You can always counter it with your best sale price, that works too.
  • KRDmum wrote: »
    Sometimes it's a condition of a promotion to have a Best offer on BIN price, so not much choice in that, it's a must.

    I'm curious what promotions have had that condition?

    I've never seen any mention of Best Offer in any promotion I've had.

    I've taken Best Offer off any BINs in recent offers as there's no mention of Best Offer in the T&Cs to say whether reductions in final value fees apply to them and we all know what ebays like. It doesn't apply to second chance offers so to be safe I don't add Best Offer to listings. Probably is fine, but saves me deciding how much lower I'm willing to go anyway so best all round lol.
    marleyboy wrote: »
    I always have a rule that any offers of BIN wont even get a look in unless they are offering over the asking price. I usually reply with Good luck on that bid.

    You realise though that if anyone is offering over the asking price they're probably a scammer. Why else would they be happy to pay over if they don't have to.
  • Sometimes sellers do accept a 50% offer.

    I don't really see it as a problem, 'Make an Offer' doesn't say make me an offer of 90%, it is open, worth a go.

    I've done it before, probably more times than I can remember, first offer low, second offer raised, third offer around about what I am prepared to pay.

    It's easy with the auto accept / decline feature sellers use, and sometimes my offers are declined.

    Offering low happens in the real world and works sometimes, so why not on eBay? You can always counter it with your best sale price, that works too.

    Exactly. People are open to different offers and sometimes items aren't worth as much as the BIN price so no harm in offering lower.

    I do wish sometimes it would give some indication of what a seller might accept though. Like I went once made an offer on something that was £8.10. They countered my offer...£8. 10p off, seriously? Worse still they then retracted that offer! I didn't buy from them lol.
  • KRDmum wrote: »
    Sometimes it's a condition of a promotion to have a Best offer on BIN price, so not much choice in that, it's a must. I don't take it personally, it just really really annoying, if I wanted an item sold at a tenner, I would've put it up at £12 not £20, plus I always check what similar items have sold for, so I'm not asking any silly money.

    I listed some things whenthis last offer was on and got the ridiculous offers. When the normal free listing was last on i ended them all and relisted without the best offer.
  • KRDmum
    KRDmum Posts: 555 Forumite
    Fifth Anniversary Combo Breaker
    I'm curious what promotions have had that condition?

    I've never seen any mention of Best Offer in any promotion I've had.

    I've taken Best Offer off any BINs in recent offers as there's no mention of Best Offer in the T&Cs to say whether reductions in final value fees apply to them and we all know what ebays like. It doesn't apply to second chance offers so to be safe I don't add Best Offer to listings. Probably is fine, but saves me deciding how much lower I'm willing to go anyway so best all round lol.



    You realise though that if anyone is offering over the asking price they're probably a scammer. Why else would they be happy to pay over if they don't have to.

    Valid 14 November 2015 – 16 November 2015 for fixed price with best offer or auction-style. Selling limits,
    final value fees and other limitations apply. Listings in second category excluded. See T&Cs.

    I don't want to chance taking them off, as the last time when I had increased the price on the items that I had listed during the promotion £5 and under, it was shown as 'it's going to cost £0.00 until I submitted it and then it came up with 'you will be charged £3.50 for those listings' (there were 10 of them). I didn't feel like I had a leg to stand on with eBay on that matter, as they probably would just refer me back to T & C, so just let that one go. But as I say, After that, don't really want to risk being charged for removing the 'best offer' option too.
  • KRDmum
    KRDmum Posts: 555 Forumite
    Fifth Anniversary Combo Breaker
    Sometimes sellers do accept a 50% offer.

    I don't really see it as a problem, 'Make an Offer' doesn't say make me an offer of 90%, it is open, worth a go.

    I've done it before, probably more times than I can remember, first offer low, second offer raised, third offer around about what I am prepared to pay.

    It's easy with the auto accept / decline feature sellers use, and sometimes my offers are declined.

    Offering low happens in the real world and works sometimes, so why not on eBay? You can always counter it with your best sale price, that works too.

    It depends on the original asking price, if you list an item for £4, personally I would try £3, but it may well be worth a shot to ask 50% off and go in with £2 offer. However, when you list another item at £100, I think it's very rude and inappropriate to ask 50% off I.e. Make an offer of £50.

    Surely there is an 'unwritten' codex of manners, where there's a fine line between acceptable and plain cheeky. I think 10-15% off is appropriate but anything beyond that is chancing you luck. I suppose, sometime you get 50% off and sometimes you get blocked.

    Back to the item listed at £4, I had an offer of £2.50 which I countered with £3 and they didn't take me up on it. So they expected me to drop £1.50 off of the price but wouldn't budge for £0.50? some haggling that is.
  • KRDmum
    KRDmum Posts: 555 Forumite
    Fifth Anniversary Combo Breaker
    wdah wrote: »
    I've got my eye on something on eBay at the moment that has a massively inflated Buy It Now, so I'm considering putting in an offer of 60% near the end time. Cheeky offers are only 'insulting' if the item isn't over priced to begin with, surely?

    Good luck with that! Hope it's not one of my items, because you'll be out of luck there:rotfl:
    On a serious note, I do my research first, see what's an average price of a similar items had been sold for then add £2-5 on top to counter for Best Offer option.
  • wdah
    wdah Posts: 884 Forumite
    KRDmum wrote: »
    Good luck with that! Hope it's not one of my items, because you'll be out of luck there:rotfl:

    Haha, the BIN really is overpriced in this instance - I'm not sure why some people think bulky second hand furniture doesn't decrease in value.
  • KRDmum
    KRDmum Posts: 555 Forumite
    Fifth Anniversary Combo Breaker
    wdah wrote: »
    Haha, the BIN really is overpriced in this instance - I'm not sure why some people think bulky second hand furniture doesn't decrease in value.

    Phew, it's not one mine then lol. Did they call it antique too Or is it not as old to be qualified as an antique?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.