The inverse of Offer Reserve Price, you can also set the floor for an offer that you'll automatically accept. This can make it more efficient by accepting an amount you are comfortable with and remove any delays to the prospective buyer, as they'll be able to pay for the item immediately. This is an optional field when creating your listing.
Your Auto-Accept Offer price should ideally be above your Offer Reserve Price, if supplied. In the above screenshot, an offer of $4,100 would be sent to you to accept, reject/counter. An offer $4,500 would automatically be accepted.
Example
You are selling an amp with a Buy It Now Asking Price of $5,000, but you also want to allow offers.
You're hoping for around ~$4,400 because you want to recoup the cost of putting in new tubes and having it repaired/inspected by your local dealer prior to listing.
An Offer Reserve Price of $4,000 would allow offers close to what you want, while giving you the ability to counter offer with a qualified buyer. An offer of $3,900 would be automatically rejected.
An offer of $4,500+ would be automatically accepted.
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