Quote:
Originally Posted by D. Bergin
Honestly, it's probably in my best interest to accept his offer, but a big part of me would rather close out the Non-paying bidder notice, block him, eat the piece, offer it again, and I wouldn't care if it sold for 10% of the original high bid.
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This is exactly what I would do. Once a buyer had shown himself to be unwilling to complete a deal and/or to be a nut job in a binding Ebay transaction, you can't depend on him to complete an off-eBay deal. Better to eat the loss on a relist than to cross your fingers and hope he doesn't file a chargeback on the worked-out deal.
If you REALLY think it was a mistake, and that $300 is the best offer you'll get, why not relist it as a BIN at $300 and drop the deal that way? You could even let the underbidder know about the relist first so he had first option to buy.