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Auctions: Counter Offer to Buyer

I have an offer from a Buyer. If I make a counter offer and the Buyer declines, does this cancel the original offer and let the Buyer off the hook for the initial offer he/she made?

3 REPLIES 3
Super User II
Super User II

Re: Auctions: Counter Offer to Buyer


@nitroquest wrote:

I have an offer from a Buyer. If I make a counter offer and the Buyer declines, does this cancel the original offer and let the Buyer off the hook for the initial offer he/she made?


@nitroquest Yes, as in any negotiation, a counter offer cancels the original offer. If you're afraid of losing the offer, accept it.

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Employee
Employee

Re: Auctions: Counter Offer to Buyer

In our auction on an offer / counter offer type listing the offers stand for 7 days regardless of counters received and can be accepted after a counter offer. We will work on making this more clear. Our auctions have always worked like this.

Re: Auctions: Counter Offer to Buyer

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