Making an offer!
I may not be fully aware of all aspects of this feature, so please correct me if I'm wrong. An item was selling for $300, and the seller offered a "Make an Offer" option. I made an offer of $250, which would then be locked in for a 20-hour period, meaning I am committed to this offer for 20 hours.
This feature seems to primarily benefit the seller rather than the potential buyer. The seller can now sit on the offer and wait for someone to either buy now or place a higher offer. Meanwhile, the potential buyer has no choice but to wait for the 20-hour period to pass.
I feel that the buyer making the offer should be able to choose a time frame (e.g., 2 hours) or have the right to withdraw the offer. This flexibility is important because another suitable item may be listed during the waiting period.
In my opinion, this offer system favors the seller and not the buyer. It should be fair and equal for both parties. What are your thoughts on this matter?
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I made an offer on an item earlier today and have since seen a similar item for less with a buy now price. The offer hasn't been responded to yet so I am waiting until it is before doing the buy now on another as I don't need two of them. There should be a withdraw option for offers in cases like this. I will not be using the offer option in future, nor will I put it on any listing I do.
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S Community SuperuserKia Ora Tony,
You can request the Seller to decline your Offer through the Q&A section within the Listing - Cheers.
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S Community Superuser
Kia Ora iFix,
Offers & Counter Offers are valid for 24hrs - At anytime a Buyer wants to Remove their Offer they just need to request the Seller to Decline their Offer through the Q&A section of the Listing Therefore the Buyer is not locked in unless the Seller has already accepted the Offer. All communication and transactions are held on record as a footprint incase any dispute should arise. - Cheers.
Reference: Make an Offer – Help - Trade Me
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