eBay speaker purchase question

Bubinga99
Bubinga99 Posts: 283
edited November 2009 in Speakers
When a seller has speakers for sale, not an auction but it has a deadline, and has 2 choices:
A buy it now price selection
OR
A best offer - make an offer selection

what does the "best offer" mean exactly?
Is the seller obligated to honor the "make an offer" selection no matter what the offer is, if no one has elected "buy it now" by the deadline?
There isn't any minimum offer shown.

Or is it simply a negotiation, and the seller has no obligation to accept any offers?
Post edited by Bubinga99 on
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Comments

  • Zeros
    Zeros Posts: 940
    edited November 2009
    If you do buy it now, obviously they have to accept. The best offer option allows you to make an offer and the seller has 48 hours to accept the offer, make a counter offer or just straight up decline the offer. There is no obligation with the best offer unless the seller accepts your offer.
    My Basement / Home Theater Room
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  • coolsax
    coolsax Posts: 1,826
    edited November 2009
    its a negotiation.. to a point.. sometimes as a seller you can state what you would automatically accept and if someone offers at least that they'll accept but if the offer is below the auto accept amount its more of a negotiation...
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  • Bubinga99
    Bubinga99 Posts: 283
    edited November 2009
    Ah OK. So in effect, it's like a Craigslist ad where the seller says, "asking $**** or make offer."
    Thanks.
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  • vc69
    vc69 Posts: 2,500
    edited November 2009
    I have been successful with reasonable offers 100% of the time so far. Got some nice deals.
    -Kevin
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  • Fongolio
    Fongolio Posts: 3,516
    edited November 2009
    I have sent ridiculously low offers before and been accepted. At the same time I've been rejected quite a few times. I usually offer just slightly lower than I think they'll take and counter offer up if rejected.
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