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About the Best Offer
The "Best offer" function is designed for you to really only make one offer which is to be your "Best offer" hence the name "Best offer". Your best offer is supposed to be the highest you are willing to pay for an item because our automatic denial is set at the lowest we would be willing to accept. Unfortunately Ebay is not very clear on this subject and most customers think it is some sort of a bartering game, which it is not and does not function well in that capacity.
Ebay's Published Policy on "Your Best Offer"
Best Offer gives you the chance to negotiate the price with the seller. The advantage of a Best Offer is that you have the opportunity to buy the item at a lower price than the Buy It Now price.
There is no minimum Best Offer price. However, you should only make what you consider to be your "best" offer for the item because any seller who receives multiple offers for an item is likely to accept the highest Best Offer. Best Offers are good for 48 hours. If the seller accepts your offer, the listing is immediately closed.
Only submit a Best Offer when you’re serious about purchasing the item. Like the bids made on auction-style listings, your Best Offer is binding. If your offer is accepted by the seller, you are obligated to pay for that item.
Things to consider when making "Your Best Offer"
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Most retailers work on 33% profit and Ebay charges 10% in final value fees so please keep in consideration we have families to feed, our products are already severly discounted from retail, our profit margin is already very low so low ball offers will not be accepted.
- Have fun: Please be a Gentleman or Gentlewoman and offer a realistic offer that is fair for everyone. In a good business transaction both parties are winners. A bad business transaction is when there is one winner and a loser.
Thank you for playing!
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