What Is An Offer on OpenSea?

Offers are when a user attempts to negotiate a price for the sale of an NFT not currently in their possession, but which they would like to purchase.

Why Make an Offer (Instead of “Buy Now”)?

There are many reasons you may choose to forgo “Buy Now” in favor of making an offer:

• The NFT is not listed for sale, but you would like to signal your interest in purchasing it; alternatively, there is a specific NFT you wish to purchase, but it is owned by another individual.
• You have leftover WETH in your wallet which you don’t feel like unwrapping back to ETH.
• You cannot afford the purchase price of the item currently listed.
• You can afford the purchase price of the item currently listed, but feel like making a cheaper offer in the hope that the seller accepts.
• You’d rather not pay the gas fees on that particular transaction.
• You’re an annoying bot placing hundreds of lowball offers across collections, hoping for somebody to slip up. 🤖

Rejecting, Countering, and Accepting Offers

To Reject an Offer

1. Do nothing and wait for their offer to expire.

To Counter an Offer

1. From your profile page on OpenSea, navigate to the Offers tab, click it, and choose Offers Received.