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What happens if I accept an offer on Facebook Marketplace?
If a seller allows offers on their listings on Marketplace, you’ll be able to negotiate a price with them. After you make an offer, the seller will choose to accept or decline it. This feature is available on desktop and the Facebook app for iPhone and Android.
Is accepting an offer on Facebook Marketplace legally binding?
There’s no reason to believe that Facebook communications cannot form a legally-binding contract, so long as there is an offer, an acceptance, and an exchange or promise of exchange of consideration. This answer is not a substitute for professional legal advice.
How do I respond to an offer on Facebook Marketplace?
When you initially list an item, be ready for those messages. Someone may have been looking just for that item, and may respond immediately. They will expect your immediate response if the item was just listed. Give them that courtesy.
What happens if you accept an offer?
Very few sellers accept offers that don’t include earnest money deposits. So once you accept the buyer’s offer, you, your broker or title company should get this deposit. It’s evidence of the buyer’s commitment to go through with the transaction, and may also serve as compensation to you if the buyer backs out.
Can you negotiate with Facebook Marketplace?
A great thing about buying on Facebook Marketplace is that often prices are negotiable. For many people it is easier to negotiate price over messaging than it is in person. To negotiate a price you can ask the seller, “Is the price negotiable?” or you can just message them with your offer.
How do I remove pending from Marketplace?
If the listing has an order that’s pending, waiting to be accepted or declined, or has been shipped or sold, it can’t be edited or deleted.
Can I retract an offer on Marketplace?
When making an offer, please remember the following: There can be multiple offers by different buyers on a single item at any given time. While an offer is pending (not accepted) on an item, that item may still be purchased by any buyer in the Marketplace. Once an offer is made, it is not possible to retract it.
Is it safe to give phone number on Facebook marketplace?
Guard your personal information. You don’t need to give someone your phone number to make a sale on an online marketplace. Be sure you know who you are speaking with before you share it. Never give out your phone number in public social media posts.
How does Facebook marketplace work for sellers?
To post an item for sale in Marketplace, take a photo of your item (or add it from your camera roll), then enter a product name, description, and price, and confirm your location and select a category. You can then post it so that anyone looking in your area can find your item and message you if they want to buy it.
What does pending mean on Facebook marketplace?
Mark as Pending. You can mark a listing as pending when you’ve agreed to sell the item to a buyer but the sale isn’t final yet. All buyers who have messaged you about the listing will get a message saying that the item is pending. New buyers will see that the sale is pending before they can message you.
Can a buyer back out after accepting an offer?
Can you back out of an accepted offer? The short answer: yes. When you sign a purchase agreement for real estate, you’re legally bound to the contract terms, and you’ll give the seller an upfront deposit called earnest money.
Can a seller change their mind after accepting an offer?
Can a seller accept another offer while under contract? Often, people wonder if a seller can back out should they receive a better offer from another potential buyer. But not to worry, once an offer has been accepted and a contract signed, sellers can no longer accept another offer from a different party.
What to do after accepting an offer?
The 7 Things You Should Do After Accepting a Job Offer Write your job acceptance letter. Notify your boss that you’re accepting a job offer. Let other contenders know. Cultivate your network. Facilitate handovers. Stay in touch with your new manager. Leave on a high note.
How much should I offer on Facebook Marketplace?
Don’t Be Afraid to Negotiate Most people are highly motivated to get rid of their items as soon as possible. Now, that doesn’t mean you should offer a price that’s far, far below their asking price. You want to be polite and respectful. You may be able to get anywhere from 10 to 30 percent off the listed price.
How safe is buying from Facebook Marketplace?
To avoid this happening to you, BBB reminds to always purchase DIRECTLY from the seller, make sure you see the item in person, and report anything suspicious to Facebook Help Center. So overall, Facebook Marketplace is as safe and secure as any other peer to peer resale site when exercising precaution.
What does pending mean in trading?
Pending Transactions is a list all of the trades that have been entered but have not yet been executed. Only stock trades in Pending Transactions can be cancelled before the close of market.
What does paid pending mean?
What Is a Pending Transaction? Pending means a transaction to withdraw money from or add money to your account has been submitted but isn’t complete.
