What Are Counter Offers?
Counter offers on JPG Store allow sellers and buyers to negotiate the price of an NFT by responding to an existing offer with a new proposed amount. This feature ensures flexible and dynamic pricing negotiations between users.
How to Make a Counter Offer
From Your Profile:
Navigate to your JPG Store profile by hovering over your profile icon and selecting Profile from the dropdown menu.
Go to the Offers tab and select the Received tab.
Locate the offer you wish to counter and click the Actions dropdown next to the offer.
Select Counter Offer from the list.
Enter your desired counter offer price.
Approve the transaction in your connected wallet to finalize the counter offer.
From the Asset Page:
Open the Asset Page of the NFT for which you received an offer.
Click the Respond to Offer button next to the offer details.
Select Counter Offer and enter your desired counter offer amount.
Approve the transaction in your wallet to submit the counter offer.
How to Accept a Counter Offer
Navigate to your JPG Store profile and open the Offers tab.
Select the Received tab.
Locate the counter offer you wish to accept and click the Actions dropdown.
Click Accept Offer to finalize the updated price.
Alternatively, you can accept a counter offer directly from the Asset Page by clicking the Respond to Offer button and selecting Accept Offer.
Important Notes
Manual Acceptance: When a buyer accepts a counter offer, their original offer amount updates to the new counter offer price. However, the seller must manually accept the updated offer; it is not automatically finalized.
Not Available for Collection Offers: Counter offers are only available for individual NFT offers and cannot be used with collection offers. Learn more about Collection Offers.
Tips for Using Counter Offers
Negotiate Smartly: Use counter offers to negotiate better prices that work for both parties.
Stay Updated: Regularly check your received offers to respond promptly and capitalize on opportunities.
What’s Next?
How to Make an Offer on an NFT
By mastering counter offers, you can make the most of your NFT transactions on JPG Store and create win-win situations for both buyers and sellers!
