Best offers higher than the listed price

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I’m not sure what’s happened with Best Offers, but I was under the impression that the highest price that could be offered was the asking price. This obviously isn’t the case as I’ve just had an offer (which I accepted) for £15 on an item with a price of £14.99.

I’ve asked around and other sellers have received and accepted similar offers higher than the listed price. In my case it was only a penny higher but apparently offers significantly higher than the listed price have been made and accepted. It may be a bug or it may be intentional, but I’m still amazed that a buyer would be willing to pay more than I thought the item was worth.

Have you received any offers higher than the price you listed the item at?

10 Responses

  1. We get them a lot but the buyer might ask us to throw in a light or tap etc

    If it wasn’t obvious why they offered more than the buyitnow I would decline or contact them first, could be a mistake which they only spot at a later stage and then take out there annoyance on your DSR’s.

  2. And judging by the number of BINS that I sell ‘at the death’ I am not entirely sure that there are buyers out there that know that eBay is not just an auction site.

    Perhaps eBay should embark upon an education exercise?

  3. Along this line, can anyone explain why iTunes gift cards regularly sell for 10-20% above their face value? I understand you can get 4-6% kickback with different rewards, but find it unlikely that one could get 20% back.

  4. Never had an offer for more than the price but I’ve had them for the same amount and it was one of the worst and last transactions I ever had.

    I once sold an item at auction for over 3x the BIN price. That was a $19.95 item suddenly selling for over $70. Not only that but they actually paid for it.

  5. We had a buyer offer £4.79 over the BIN, his explanation; “I have £199.79 left in my paypal account and my girlfriend wants an iPhone”. Yep, he paid for it and was delighted.

  6. 1. Since Ebay bucks has been introduced I always spend them on many items. I have not had an issue of spending them on one account, the balance just remains in your account.

    2. Are counting hits or views? Ebay stats show views (i.e. the item appears in the result of the search, the user did not have to click on the item). I find this to be a pretty useless statistics, because ‘best match’ is such a bad search, and bring irrelevant results back often. I get many more views on BINs than on auctions. If I search my own items on the word that they all auction and fixed items contain – what I see that Ebay ranks BINs ahead of auctions, but returns them in pattern of 3 auctions followed by 1 fixed price. That how you see many fixed priced item getting a lot more exposure as they got popped ahead of auctions that end before them.
    Adding a hit counter gives a more accurate estimate of customer interest in the item. I get more hits from auctions.

    This all leaves me very frustrated, because Ebay search is such a disgrace. It really dropped my sell through even though I am a top seller. Ebay new search only helps the really big guys.

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