I've gotten a handful of PM offers from my first seller's thread. (Yay!) Before I posted the thread, I was thinking I'd just wait a few days and take the best offer at that time.
What I didn't think of ahead of time was how PM offers are (or should be) handled here. It seems like there are some pretty strong pros and cons to different ways of doing things. So, what do you guys do?
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When a higher offer comes in, PM the others who were interested, in case they want to adjust their offer.
OR
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Don't put any of the cards on the table. Let people make their offer and stand with it till the end, even if they might have been willing to offer more if they had known they needed to.
In the first case, I want to be thoughtful toward all interested parties. But I also don't really want to make it look like I'm trying to jack up the price of my item. And this method might seem too much like an auction, so I might have been better off putting it on the auction board if I was going to run it that way.
In the second case, keeping offers secret seems somewhat fair (or at least not
unfair). At the same time, I feel bad for the folks with the lower offers who wanted the item but didn't know that there were higher offers out there. (Although you could say that if they really wanted the item, they should have just made their best offer from the beginning.)
Anyway, I'm just trying to handle my first sale in the right way (i.e., without making any enemies
), and this aspect of FO didn't seem to be covered in the FAQ.