When using the Make Offer purchase option, you can set specific parameters that help manage user expectations and automatically reject unsuitable offers.
Below is a breakdown of how the system behaves depending on the settings applied:
1. Purchase Price – Auto-Reject Below Amount
If you set a Purchase Price, any offers below this amount will be automatically rejected by the system.
The bidder will see a rejection message.
One of their available offers will be used up.
📌 Example:
If the Purchase Price is set to £100, an offer of £90 will be automatically rejected, and the bidder will lose one of their available offers.
2. Opening Bid – Prevent Low Offers
If you set an Opening Bid, offers below this amount will not be accepted by the system at all.
The bidder will see a warning message.
Their offer will not be submitted, and they won’t lose one of their available offers.
📌 Example:
If the Opening Bid is £100, any offers below that will be blocked from submission.
This also applies when there is a current bid in play. For example, if the current highest bid is £100, any lower offers will be blocked in the same way.
3. Reserve Price – Allow Review by Admin
If you set a Reserve Price, offers below this value will still be accepted by the system — but will be flagged for review by an administrator.
The bidder will see a success message.
Their offer will be submitted, and one offer attempt will be used.
📌 Example:
With a Reserve Price of £100, an offer of £90 will be accepted and queued for review, even though it's under the reserve.