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Old 01-25-2009, 11:01 PM   #1 (permalink)
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Question Are offers good for .....

When someone makes an offer, you respond back with a counter offer. Does the original offer expire?

If not....

3 weeks ago. I had four offers on domains, which I counter offered with a higher price with in 72 hours and never got a response!
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Old 01-25-2009, 11:15 PM   #2 (permalink)
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In automated negotiations (at Sedo, for example), it's standard that once you've made a counteroffer, you can no longer accept the original offer. When you make a counteroffer to someone with whom you're dealing directly, I think he or she should be able to choose whether to honor the original offer. (They usually do, but I doubt you can legally hold them to it.)

NB: I only attended law school for 6 days, so don't take my word as official.
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Old 01-25-2009, 11:26 PM   #3 (permalink)
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Quote:
Originally Posted by randomo View Post
In automated negotiations (at Sedo, for example), it's standard that once you've made a counteroffer, you can no longer accept the original offer. When you make a counteroffer to someone with whom you're dealing directly, I think he or she should be able to choose whether to honor the original offer. (They usually do, but I doubt you can legally hold them to it.)

NB: I only attended law school for 6 days, so don't take my word as official.
6 days is good enough for me LOL - i got 0 days in law. Thanks
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Old 01-26-2009, 12:43 AM   #4 (permalink)
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You negate original non-formal (non contractual) offers imo by re-negotiating with a high offer...which is why you must examine offers carefully before choosing to not accept.
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Old 01-26-2009, 10:09 AM   #5 (permalink)
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Quote:
Originally Posted by MIR View Post
When someone makes an offer, you respond back with a counter offer. Does the original offer expire?

If not....

3 weeks ago. I had four offers on domains, which I counter offered with a higher price with in 72 hours and never got a response!
a counter-offer is deemed as a rejection, of the initial offer.

therefore the initial offer expires and that potential buyer's obligation has ended.
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Old 01-26-2009, 02:17 PM   #6 (permalink)
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I was not sure how it works, thank you all for clearing it up for me.
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Old 01-26-2009, 02:20 PM   #7 (permalink)
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Follow-up with a counter-counter-offer and see where that ends at
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Old 01-26-2009, 03:28 PM   #8 (permalink)
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Quote:
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Follow-up with a counter-counter-offer and see where that ends at
just give me an offer that's high enough, to even consider counter offering.

so i won't have to keep saying...."no thanks"

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