How low could you go and still be "respectful"!! (2024)

FAQs

Is it bad to make a low offer on eBay? ›

There was a lot of debate about this when eBay first introduced offer on auctions. Most sellers here voted that offer amounts should be higher than the starting bid, idea being you know the item will be bid up and the offer is to see if the seller is willing to get rid of it faster for a fixed amount.

I know it's a seller's prerogative what to do, but it would be common courtesy to at least decline my offer if they feel we wouldn't be able to come to an agreement. Sitting on my Offer until time expires is downright rude, and it makes me never want to do any kind of business with that seller.

2. If the Best offer starts at 20% off on the listed price and the item has been setting a bit, generally 99% of the time, I will accept the offer. 3. If the Best offer starts at 10-15% off the list price, unless the listing is less than a week old, generally 99% of the time, I will accept the offer.

After receiving an offer, you have 24 hours to choose how to respond. You can: Accept the Best Offer and end the listing.

“The rule I've always followed is to never go more than 25% below the listed price,” he says. “Chances are, after fees, commission, and sentimental value, the sellers are already hurting. If you dip below that point, they may disregard your offer entirely.”

A low offer may be upsetting to the sellers, but if you and your real estate agent present the offer along with an expression of your appreciation for the property, it's more likely to be accepted than a low offer accompanied by a half-complete contract or an insult about the property's condition.

I'll usually give a counteroffer and in the message say something like : "After shipping and ebay/paypal fees I would be left with X for my item (in same cases this has been zero or even less) because of that I am unable to accept your offer. This (the counteroffer) is the best I can do.

Sellers are not required to reply to offers from buyers. If your offer isn't accepted, you can always try to send a higher offer. The seller has the right to refuse or ignore any offers. The only guarantee you would have of a response is to purchase the item at full price.

Negotiating the price on eBay can be a great tactic for saving money and getting a better deal on the item you are looking to buy. By effectively negotiating the price, you can save money and get more bang for your buck.

What does 3 offers left on eBay mean? ›

The 3 offers left means once you send the seller an offer, and s/he declines, you have 3 more chances to send the seller a higher/better offer. Once you get down to 0 offers remaining, you can no longer continue to make offers, and if you really want the item, you will pay the full asking price.

If you don't pay, 96 hours from the end of the auction the seller can cancel the transaction citing buyer didn't pay. You will get an unpaid item strike placed against your account. 2 of those in a 12 month period will get you blocked from bidding and buying from hundreds if not thousands of sellers on eBay.

Up until the bidding closes, sellers can cancel any and all bids at their discretion. While eBay has put in place rules requiring selling to the current high bidder if the seller ends an auction early, a seller can cancel all bids and let the auction end at its regular scheduled time without penalty.

If you make an offer and the seller accepts, you have committed to make a purchase, just as if you had won an auction.

Offers will be sent to the 30 most recent interested buyers (people watching your items or who have added your items to their basket). Each offer is valid for 48 hours or until the listing is sold, whichever comes first. With a single item listing, the first buyer to accept the offer gets the item.

A bid is not an "offer." You have a binding contract to complete the transaction with your buyer once he makes payment. As already advised, you set the starting bid, so it's not possible for it to be too low.

Lowballing an offer works best when the buyer has an upper hand, giving them room to negotiate. If the seller already has the advantage, such as a tight housing market with few homes available, then a buyer trying to lowball the price is unlikely to get good results.