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When there is the normal ‘start at £15’ and then a ‘make offer’ option...

(3 Posts)
Holidayshopping Mon 28-Jan-19 10:28:19

And no bids, are the sellers expecting an offer of more than the suggested starting bid or less?

Is this a new thing? I’m sure they used to have it with BIN things, but not normal bidding.

JudgeRindersMinder Mon 28-Jan-19 10:31:20

I’ve always taken it to mean that the seller will consider a lower offer, I usually start at 2/3 of the asking price, then they make a counter offer, then you can make another 2 offers. Bear in mind that if the seller accepts your offer price, it’s binding

whatamidoingwithmylife Mon 28-Jan-19 10:31:53

Yes it's new but better than the buy it now option as that had to be 40% over the start price.

Seller can set a minimum they won't accept, so you can offer lower than the starting price. You only get 3 chances though.

I'd expect at least the starting bid - but some might be happy for lower. The seller can counter your offer if they want a little more than you're offering.

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