How offer price works

[usrobe-7hmsto]

Hello,

I am selling my first item on Ebay and have had a few offers on my item. It is a fixed price item and Ebay has been sending me offers other people have been making for a lower price.

My question is if I accept a offer for a lower price on an item does it automatically change the price of the item so that person can buy it or do I have to go in and manually change the item price for the buyer to buy the item at that price. 

[klassic*kids · Accepted solution]

No, you don't need to manually change the price.  Once you approve an offer the buyer has already committed to buy and will do so at the price you approved.  If they do not pay you can open a unpaid item case on them, but no need to worry about that at this juncture.  I am sure the buyer will pay at the approved price and all will go well.

Come back if anything else arises and good luck on your first sale!

PS: Before you ship anything check on paypal.com to see payment is in your account.

[usrobe-7hmsto]

Thank you for the information and the advice about making sure payment is in my account, I will make sure of that.

[nowthatsjustducky]

And to make the process easier, you can also set auto decline and auto accept levels.  That removes the need to have to manually decline "in your dreams" lowball offers, and the only ones you have to manually attend to are those offers that fall in between the auto accept and auto decline levels.

Heck, some times when I get an offer that is right at the auto decline level, I will take a little gamble and make a counter offer at the auto accept level.  If they accept it, then a sale is made.  If they decline it without recountering, I pout momentarily, then move on with life.  If they counter my counter offer, then even if it is just a hair above their original offer, I'll go ahead and accept since they did take the time to resubmit their offer.