Quote:
Originally Posted by scooter729
Ok, I will bite. Say the item is listed at $3,000, and you offered $2,500. Maybe the seller is willing to accept that, but before he accepts, he is waiting for something close to 48 hours to see if an offer higher than $2,500 comes in. If so, great and he goes with that. If not, he hits accept on yours before it expires.
What's wrong with that?
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True dat. Or another: the seller already has another offer in hand and started negotiating with that buyer first, and now is just waiting to see where that lands.
I'd say a 48-hour window is about the right amount of time for a seller to have (24 hours would probably be too short, given all the things that can happen in life).
BUT, one of the things that separates an average seller and a great seller is that the great seller will reach out and let the potential buyer know the offer was received and will be considered but needs a little time for it.