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@springyzone wrote:

 

I had to laugh at the bit about some sellers waiting for a better price.

 

You have to wonder why on earth they would think  a buyer would offer more than the price they can buy it now at.

 

 

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It's rather an anomaly, but it is possible to submit offers higher than the BIN price, and I think some sellers see it as similar to the auction process where at the end, they'll take the best (highest) offer they got above the BIN price. On the flip side, there's also the odd buyer who believes a seller is bound to accept the best offer they received by the time the listing ends (eg offer $5 on a $100 item, and if it doesn't sell or no one else makes an offer, they get it for $5). 

I do agree that simply having Best Offer creates an immediate impression and expectation, that being the seller is prepared to accept less than the BIN price, without any other conditional factors. Sellers have to be a little careful how they word any clarifying information, as words like "offer" in a description are known to be a bit volatile as far as the 'policy violation seeking bots' go (i.e. it has in the past triggered a violation for attempting to sell off eBay, even though it was plain to see the seller is referencing the fact that they've implemented the Best Offer function). 

Hopefully, the ability to provide price discounts currently being trialled will be expanded and rolled out, so sellers can set up discounts for multiple purchases without trying to use best offer for it.