Best Offer is one of the fastest growing buying formats on eBay. To further enhance its functionality, we will test giving buyers the ability to specify an offer expiration. We believe this change will increase the use of Best Offer and create additional sales opportunities for sellers that use it.
As we prepare to launch the new functionality, we will test offer expiration with a select group of buyers. As a result, you may begin to see offers with a shorter expiration period than you are used to. The expiration periods (12, 24, and 48 hours) will require a seller response prior to expiration in order for the transaction to remain valid. This will benefit buyers who have to make a decision on their purchases within a shorter time frame, and allow them to consider listings they may otherwise have passed over. You still have the ability to set auto accept and decline thresholds, so you won’t need to be available to respond.
You can use the existing automation options to ensure that you are not missing out on any offers. You can automatically accept any offers that are above a $ amount or automatically decline offers that are below a $ amount. You can set automation options for your listings with the listing tools and on the “manage offers” page.
Listing Tool
Manage Offers Page