| More often than not, an offer is the buyer's ability to pay at the low end of their expected maximum, rather than their true appraisal of the domain. They must have already figured the true value of the domain name inside of their head, (whether rightly or not) before making the offer.
The best way to start an offer based sale is to set a minimum, a time line and a BIN at a future date, if necessary.
Being that domain names hardly get snapped in an instant unlike back in 2002, a 7 day limit for BIN and offers is very reasonable. I choose 24 hours. If someone is still interested, the buyer knows, after all the reason the seller posted the name was to make a sale in the first place.
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Unless specified, fixed price BIN & sales offers end in 24 hours.
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