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.?
laughingrabbit

Showing 1 response by mitch2

@denverfred 
One of the problems here is the obvious disagreement over VALUE.
Not sure why that is a problem.  The market will sort it out.  Buyers will pay what something is worth to them and sellers will adjust their pricing based on their level of desire to sell and their willingness to wait for a buyer who will pay their price.  That is the definition of free enterprise.