Quick Answer: Can You Bid Less Than Asking Price On EBay?

Can you bid below the asking price on eBay?

Yes, you will have to sell at the highest bid when the auction ends.

If you have made a mistake, cancel all current bids, cancel the listing and then relist as auction only at the minimum price you can accept..

What does starting bid or best offer mean on eBay?

The Best Offer option allows you to accept offers from buyers and negotiate a price with them. You can use Best Offer on fixed price and Classified Ad listings, and in eBay Motors. Best Offer isn’t available for auction-style listings.

How much should I offer for best offer on eBay?

Tips for Making Best OffersAsk them directly: If you really want the item, you can message the seller and ask what the lowest price that they will accept is. … Be reasonable: Don’t offer $5 for a $100 item.More items…

What happens if eBay bid is too low?

Even if you get just one bid an the items sells for the opening bid amount, it is considered Sold and if you refuse to ship it you’ll get negative feedback. … Never list an item for less than you’d be willing to sell it for unless you’re 100% certain that it will attract enough bidders to drive up the price.

What should my starting bid be?

Determining a Fair Starting Price So, while a starting bid of 30-40% of fair market value is okay, auctions work better with higher levels of engagement. In order to increase engagement, attract more bidders with a low (but fair) starting price.

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

you can offer more or you can offer less, but the seller would be expecting more though, if they wanted less they would have set the start price lower!

Is it better to bid or make an offer on eBay?

A bid is made on an item listed with the auction format. An offer is made on an item listed with the Fixed Price format. Acceptance of an offer by the seller results in an immediate sale. A bid competes against other bids, and the winner is determined when the auction runs to completion.

Why does eBay tell you to increase your offer?

But first your offer is just considered and it can be waiting around for the seller to respond — the seller can ignore it and it will be auto-rejected after a few days or they can explicitly accept or reject it or send a counter-offer faster than that.

What is the difference between bid and offer?

A Bid is the price selected by a buyer to buy a stock, while the Offer is the price at which the seller is offering to sell the stock.