New best offer time limit option - You can now choose to have your offer expire in 4, 12, or 24 hours.

 

"Give your offer an expiration

That is actually not a bad idea. I'm kind of shocked.

I like it as a buyer.  Many sellers don't respond and I wait for an answer.  I used this option two days ago when eBay gave me quadruple bucks.  I had a certain time frame to use them, so I had to limit my offer time so I could move onto other options.  

A great idea from ebay. Doesn't happen often anymore.

Definitely a plus for buyers who would otherwise not be able to pursue purchasing elsewhere (as they would need to wait out the offer).

 

As a seller, any time the rules of the game changes, it does require some adjustment to your selling strategy. They have also put the retract offer option right there (in the past you had to dig a little to find it).

 

No doubt though - the new time limit option is certainly more fair.

Just don't like it for the west coast buyers that make offers with 4 hours and I wake up and there already expired. I always respond quickly as I want sales but 4 hours is really short for that reason. Most my offers come in overnight and have lost a few sales for the ones that used that.