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Selling on Ebay

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Rhp1 | 20:40 Mon 22nd Sep 2008 | Internet
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An item i have for sale on ebay has attracted someone to make an offer to buy it now and for me to say what i would accept. I replied with an amount but have yet to receive a reply. in the meantime the item has attracted 1 bid. Should i email the person who made offer via email and retract my offer as a bid has been entered on my item.
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You should let the auction run - people make these offers before the auction ends because they want it cheap.

If he emails you again tell him you are going to let the auction run and invite him to bid in the usual way.
Once someone makes a bid, you are no longer able to do a buy it now. So thats your problem sorted!
From above - if the item has met the reserve you set, then you cannot retract the item and sell it to someone else on a buy it now basis. The best thing for you to do is to inform the person that you made the offer to that you have now had a bid on the item, but that if it does not reach your reserve (assuming that you have set one) or that the winning bidder does not complete the purchase, then you will consider selling it to them for their original offer price. Once you have had a bid on an item that meets your reserve you are bound by e-bay regulations to honour the sale to the winning bidder, as long as they pay up!
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Thanks to you all for your very clear answers . I shall let the auction run its course.

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