Two types of Best Offer Accepted in SOLD results, both inaccurate.

[potterybyrobin]

I'm trying to make sense of SOLD results. I notice two types of Best Offers, one with a bid and the other without a bid.

The bracelet presumably sold for less than the visible price. A line runs through the $40.

The other listing mentions a bid, but it was actually an accepted offer. The selling price of the beads was $70 but it shows only $45.

I'm concerned because the public information is inaccurate with both type of Offer.

[powell-memorabilia]

I can think of doing reasons why sellers wouldn’t want the true final pricing revealed.  

[otow_18]

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@potterybyrobin wrote:

The bracelet presumably sold for less than the visible price. A line runs through the $40.

The other listing mentions a bid, but it was actually an accepted offer. The selling price of the beads was $70 but it shows only $45.

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The seller set the starting bid at $70 for the auction-style listing on the beads, @potterybyrobin. But eBay added a Make Offer option to the auction. The buyer made a $45 best offer, which the seller accepted just over a day later.

And that $45 best offer, lower than the $70 starting bid, is unintentionally revealed, and tallied as the 1 bid.

[potterybyrobin]

That is untrue! I bought the beads so I know.

The auction started at $45 wit and offer option. I offered $65 before there were any bids. He countered with $70 which I accepted and paid. 

I waited more than 24 hours for the sold result to post in the results. I'm disappointed about the huge inaccuracy.

[redmodelt]

Without being able to see the $40 items listing, someone made a best offer and the seller accepted, does not mean it sold for less than the starting price could be higher. eBay never shows the actual selling prices in cases like this. 

The second item, had bid which was accepted, ending the auction early. Sellers can end auctions early and accept a bid. Not always a smart move, there may be bidders that were watching and would have bid latter in the auction. Because it was listed with both auction and best offer, it still shows such. 

[potterybyrobin]

I should have made clear, I won the beads. I know what happened. I should have explained better.

The auction started at $45. It had an offer option. There were no bids. I offered $65. It was countered at $70. I accepted and paid. When the results showed on the sold page, it does not mention the actual sell price of $70, only the start price.

[woodland_gnome]

eBay does not display the actual sales price where the item sold by Best Offer.  For a fixed-price listing it displays the Buy It Now price, for an auction format listing it displays the Starting Price.   Yours displays the Starting Price.  I have no idea why it does not have the strikeout over the price.

[kathiec]

I wonder if this has to do with the difference between Best Offer on an auction and Best Offer on a BIN? I've always seen the strikethrough on BINs that accepted a BO, and you've never been able to determine the actual sale price. But apparently the practice is different with a BO on an auction listing.

[otow_18]

I have the opposite. The item was $59 and I offered $44.

And the seller accepted my $44 offer.

But eBay still shows that it sold for $59.

[kathiec]

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@otow_18 wrote:

I have the opposite. The item was $59 and I offered $44.

And the seller accepted my $44 offer.

But eBay still shows that it sold for $59.

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But yours was a BIN listing. The beads listing example was an auction with a BO option.

[glasser]

For various reasons, including some sellers and buyers don't want the results shown, eBay does not display the actual sale price in these two examples. This makes sense as someone buying for resale, for example, might want the sale price to remain confidential as would a seller giving a substantial discount that might not be their norm.

That said, if you access to Terrapeak juts cut and past the title into the search and you will see the actual sales price

[7606dennis]

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@potterybyrobin wrote:

That is untrue! I bought the beads so I know.

The auction started at $45 wit and offer option. I offered $65 before there were any bids. He countered with $70 which I accepted and paid. 

I waited more than 24 hours for the sold result to post in the results. I'm disappointed about the huge inaccuracy.

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The issue here may lie with you not accepting the counter offer before a bid was placed.  If the acceptance of the counter offer was not completed before a bid was placed the offer would have been void.  Of course, I'm not sure how the system would have allowed you to pay.  How did you make the offer and how was the counter offer received?

[d-k_treasures]

It depends on how you are looking at the sold listings. If BIN only, it will show the BIN price as the sold price. If filtering Auctions  only, it  will show you the auction starting bid(even if they used a BIN on the auction listing).

It's very confusing to people who try to price their items using sold listings.

[otow_18]

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@kathiec wrote:

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@otow_18 wrote:

I have the opposite. The item was $59 and I offered $44.

But eBay still shows that it sold for $59.

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But yours was a BIN listing. The beads listing example was an auction with a BO option.

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So was this.

But the $40 shows a strikeout. So there are 3 types.

[potterybyrobin]

Glasser, how you you suppose Terrapeak finds the actual selling prices? I can't see that information.

DK Treasures, Yes, it is very frustrating knowing the SOLD results aren't accurate. I've long advised new sellers to choose their pricing based on SOLDs.

Kathic, yes, my point. There are now different types of Best Offer. 

Otow, I don't know what to say. Read everything again and you might understand. We are discussing the fact there are two types of Best Offer and how sold results are inaccurate because of BOs.

7606dennis, it all happened smoothly in a short period of time. No other bids were placed, no other buyer was in the picture.