Are offers good for .....

[DN BROKER]

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!

 

[randomo]

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.

 

[DN BROKER]

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 k:

 

[Focus]

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.

 

[BiggieBiggie is verified member.]

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.

 

[DN BROKER]

I was not sure how it works, thank you all for clearing it up for me.

 

[Theo]

Follow-up with a counter-counter-offer and see where that ends at

 

[BiggieBiggie is verified member.]

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"