Do You Have To Pay If You Make An Offer On EBay?

by | Last updated on January 24, 2024

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Offer to pay immediately: Some sellers won’t accept offers because many buyers don’t pay.

There is no way to require immediate payment on a Best Offer

, but you can tell the seller you really want the item and will pay right away.

Why can you only make 3 offers on eBay?

Check the item’s original listing date: If it’s been listed for a long time, the seller might be more flexible on the price. Use your Best Offers wisely: For most categories, you can make up to 3 offers.

Expired, rejected, and retracted offers

all count toward this limit.

How much should I offer for best offer on eBay?

  • Best offers that start at 50% off, chances are the buyer and I will not come to an agreement. …
  • 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.

Should I allow offers on eBay?


eBay sellers need to use Best Offers because it gives their customers more purchasing options

. They may not want to get in a bidding war over an item, but they also may not want to pay a fixed price that – by eBay’s rules – is at least 30% more expensive than the starting auction price.

What happens if I make an offer on eBay and don’t pay?

Buyers must pay for the items they purchase on eBay within 4 calendar days. If the buyer doesn’t pay within this timeframe,

the seller can cancel the order and an unpaid cancellation will be recorded on the buyer’s account

.

What happens when a seller accepts an offer on eBay?

If the seller responds, they may: Accept your offer: Just like any other sale on eBay,

you’re obliged to pay the amount you offered

. Immediate payment is not required when the Best Offer option is used in a listing, unless you were asked to confirm your payment method when placing your offer.

Can a seller cancel an offer on eBay?


You can cancel an offer on eBay if you’ve made a “Best Offer” and want to retract it within the 48-hour window that the seller has to respond

. eBay Best Offers are binding agreements, so your reason for cancelling must fall within one of three acceptable categories for it to be approved.

What is a lowball offer on eBay?

Ok well let me tell you what a “lowball” offer is considered to be-

anything less than 50% of what you’re asking

. 50% less is “lowball” for most but in order to provide you a yardstick-there it is. Ok it’s official. 50% of asking price or less is a “low ball offer”.

What does a reasonable offer mean?

1

showing reason or sound judgment

. 2 having the ability to reason. 3 having modest or moderate expectations; not making unfair demands. 4 moderate in price; not expensive. 5 fair; average.

Does or best offer mean higher or lower?


“OBO” means they are very willing to negotiate a lower price

. Neither “firm” nor “obo” means they might be willing to negotiate a lower price, but you will have to feel them out.

Can you make an offer lower than starting bid on eBay?

If you’ve already replied to the buyer but wish to make them an offer, you can find the Reply with offer button in your first message to them.

The offer you send can be for more or less than the Buy It Now price

, and you can send a buyer up to 3 offers.

How do I politely decline an offer on eBay?

I simply write: “

Thank you for your offer, but we are firm on the price

.” I don’t have “Best Offer” on many listings but I do receive quite a few offers on listings that don’t have it.

How do you add a best offer on eBay after listing?

  1. Go to My eBay Selling or Seller Hub Active.
  2. Select Send offer beside the eligible item (or Eligible to send offers, if you’re using Seller Hub). …
  3. Select an offer price. …
  4. In Seller Hub, if you don’t want to let buyers counter your offer, select Don’t allow counteroffers.
  5. Add a message to buyers.

Does eBay punish non paying bidders?

If the buyer does not pay,

the seller receives an email that Final Value Fees will be credited back to their account

. After a certain number of unpaid item strikes, the buyer is removed from eBay.

Can a seller revoke an offer?

Revoking an Offer


Whoever makes an offer can revoke it as long as it hasn’t yet been accepted

. This means that if you make an offer and the other party wants some time to think it through, or makes a counteroffer with changed terms, you can revoke your original offer.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.