Sedo changed bidding terms

[seeker]

it used to be that If a buyer makes an offer, they could not make a counter offer lower than their first offer (and the exact opposite for the buyer, you offer to sell at $1000, you couldnt counter at $2000, otherwise how is it binding).
Well guess what, now they can!

the same with the buyer. I can counter offer with a higher amount.
I am assuming this is a bug, and a very serious one at that.

example.

first offer from buyerr: $100
I counter offer $5000
they counter offer 80
I counter offer $10,000
they counter offer 60
I counter offer $20,000

(this is a live eample)

this is a serious bug, and someone should really notice it right away!!!

 

[namewaiter]

well in real estate as soon as a counter offer is proposed the previous offer becomes null and void - no matter how small the change in offer, so it's like starting over each time. maybe they've gone to this system?

 

[Biggie]

when you got the second offer, that was lower than the first.......you should have canceled the negotiation!

 

[seeker]

when you got the second offer, that was lower than the first.......you should have canceled the negotiation!

of course, thats what I thought.
but for the heck of it, I thought I'll play the low baller's game and raised my offer.

this isnt how Sedo used to work up till a few days ago, for me at least.
the whole idea with their system (and all the ones I have seen so far) is that you can not as a buyer lower or as a seller increase the offer.
in fact in the past it used to give you a message saying you can not do that.

 

[sasquatch]

first offer from buyer: $100
-
they counter offer 80
-
they counter offer 60

Looks like Blink is on a shopping spree again :-D