I know that when a seller has a BIN listing and includes the "Make Offer" option, he will accept a lower offer than what his BIN price is. However, what if a seller includes the "Make Offer" option in a bidding auction? Does he expect the buyer to offer a higher price than his opening bid (or) will he usually accept a lower offer like the BIN seller does?

If the seller sets his/her Starting Price at his/her true minimum (generally the best strategy), a Best Offer would need to be higher than the Starting Price to get serious consideration. But other sellers will set the Starting Price above what s/he is willing and able to sell for, and then might accept a lower Best Offer. Since eBay doesn't display the actual price of an item sold by Best Offer (showing the Starting Price if an auction or the Buy It Now price if a fixed price...

"Make Offer" in a bidding auction | Ask a Mentor

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"Make Offer" in a bidding auction | Ask a Mentor | eBay Community