Best Offer

[daveroo]

It used to be that when selling a Best Offer had to be less that a certain percentage of a BIN.

Since eBay has redone its A-Z help I can't find out what that percentage is.

Would some please point me to the correct policy.

Or did eBay do away with that, i.e., the maximum percentage of BIN that a Best offer can be.

[nobody*s_perfect]

There has never been any such threshold.

You are probably thinking about the rule that applies to auction-format listings: If you add a 'Buy it now" option, it must be 30% higher than the opening bid amount.   After the threshold was introduced, it was 10% for a couple of years.

[castlemagicmemories]

It's always been up to the individual seller as to what is acceptable on a Best Offer.

I think you are thinking of a BUY IT NOW, which used to have to be 10% more than the starting bid, but went to 30% more in recent years, a move that was not popular with many.

[ymeagainlord]

Funny that since eBay is so INTO "conversions" they haven't figured out the conversion rate on 10% BINS was a LOT higher than the current 30%

[d-k_treasures]

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@ymeagainlord wrote:
Funny that since eBay is so INTO "conversions" they haven't figured out the conversion rate on 10% BINS was a LOT higher than the current 30%

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That's why they have BO on auctions now - so they can up the conversion rate by LOWERING the starting bid to make a sale.

[the*dog*ate*my*tablecloth]

Buyers didn't like it. It ruined the auction experience to have auctions that had BINs for nearly the same price.

[daveroo]

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@nobody*s_perfect wrote:

There has never been any such threshold.

You are probably thinking about the rule that applies to auction-format listings: If you add a 'Buy it now" option, it must be 30% higher than the opening bid amount.   After the threshold was introduced, it was 10% for a couple of years.

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Ah ha!!!

Yes, that's it.

I don't sell often.

That, plus my advanced years, causes me to misremember things occasionally (okay, more than occasionally)  

[ted_200]

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@the*dog*ate*my*tablecloth wrote:

Buyers didn't like it. It ruined the auction experience to have auctions that had BINs for nearly the same price.

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The whole thing is just a bad idea all the way around, no matter what % is imposed. 

It ruins the BIN experience too.  Buyer can see they can get it cheaper by bidding and waiting.  It makes the BIN price just look inflated, because they can see right there the seller is willing to take 30% less, leading to the (correct) conclusion that the BIN is a bad deal price.