I've taken to using the BIN/Best Offer quite a bit when I sell... I try to respond to every offer I get although I think I have been remiss on occassion, especially on offers right before the item closes.
What I like most about the process is that: (1) I don't have to worry about selling something for a lot less than I want to and; (2) I can list an item for a month.
Also eBay's percentage is lower than an auction ....
As a buyer I've done pretty well when I do make offers -- at least in getting counter-offers.
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