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What does "Best Offer" mean?

When a ‘Best Offer’ banner appears on one of your offers, it is meant to be used as a guiding tool in your decision making process when it comes time to selecting a buyer.
The 'Best Offer' will be displayed on an item within your Selling tab and will reflect the largest "Make an Offer" value that has been submitted.
Note: This banner can't be removed but its visible to only you.