All you guys are entitled to an opinion, but there ought to be a rule for the site that everyone knows in advance or it is not a fair trading platform. This should not be a questionable area, but a known and published set of rules. Consider a highway speed sign: should it say drive at a safe speed or---should it have a fixed limit that everyone understands.
Offer / counter-offer? Audiogon rules
I am a seller. I receive an offer. I immediately counter-offer. The potential buyer declines it. Is the buyer still bound to his original offer for the orignal 48 hrs.?