Appreciate the feedback. On the above: I often message an offer first before I actually make it on Reverb. Sometimes I am thinking of offering on multiple items and don't want to wait 24hrs to be passively rejected before I make my next offer (and don't want 3 offers out there at once if only planning to buy 1 of them).
Messaging to see if they would take my offer: 1. Lets me see if they are quick responder 2. allows me to not wait the 24 hours if they are can quickly reject over messaging. You won't believe how many people will sit on an offer an just let it expire (either not watching their add, just pissed you "low balled" them by god-forbid offering 10% lower, or they want to hold the offer hoping a better one comes in. I've even messaged people asking for more pics and never ever heard back.
So I wouldn't write of messaged offers too quick. Just my two cents.
Wow. I have hundreds of sales transactions. You definitely have a buyers perspective.
I have never been pissed off over an offer. But I typically let them expire if I do not immediately accept.
There are three types of offers as far as I am concerned.
1) Offers that I will accept immediately. Which I do just that
2) Offers that I would never accept (think 35% or more below ask). I leave them to expire.
3) Offers I will consider, but do not accept outright
Especially if my item is just listed, if I get an offer I am going to hold and see what happens. Why? The listing has not had time time get out there. I have sold many items on the day of listing for full ask when I had one or more offers on the table.
Outside of that frankly I will sometimes just forget about the offer if I was not motivated by it. Why? I don’t sit on Reverb managing a listing.
As emails come in I make decisions.
If it is an offer I will accept I log on immediately and accept. I also typically ship within 18 hours of shippong being released.
If it is an offer I will not accept, I just delete the email and forget about it.
For offer(s) I am considering, I sometimes decide within the 24 hours to accept and I log in and accept. Sometime life happens, I get busy (e.g. on my IRL job that pays the bills) and simply forget and the offer expires. Sometimes I will be on Reverb and see the listing and decline it if I have decided not to go for it. I DO NOT explicitly log onto Reverb to decline an offer Reverb takes care of that. I have 24 hours to consider and that is what I am doing.
The overwhelming majority of my items sell within 8 hours for full ask with offers on deck. The offers are backups and that simple is the reality. My quickest sale was a Titanium Floyd Rose bridge. Under 2 minutes after posting.
I sell for fair prices that are not inflated and am under no obligation to accept or even explicitly respond to offers. Why should I settle for less if exerience tells me I am very likely get a full ask sale?
Also in my experience, it is not uncommon to have a buyer get offended and message to voice their “outrage” over a denied offer. Which is a special little shit show of its own.
TLDR; From a business ot hassle perspective it is preferrable to simply let the offer expire if you don’t accept or decline the offer outright.