If someone has made an offer on your media, you can easily review, accept, or reject it. Here’s how to manage your offers on Finay and things to consider in the process:
Step 1: Go to My Profile
Start by navigating to your My Profile page to access your account’s main options.
Step 2: Click on Offers
In your profile menu, click on Offers. This section provides a list of all the offers you’ve received from potential buyers, including the details for each offer.
Step 3: Review Offer Details
Each offer will display:
Media Name: The title of the media the offer is for.
Buyer’s Proposed Price: The amount the buyer is willing to pay per edition.
Number of Editions: The quantity of editions the buyer is interested in purchasing.
Offer Expiration: The timeframe within which the offer will remain valid, as selected by the buyer (from 1 day up to 1 month).
Carefully review these details to assess whether the offer meets your expectations.
Step 4: Decide to Accept or Reject the Offer
To respond to an offer, click:
Accept if the offer is satisfactory and you’re ready to sell at the buyer’s proposed price and quantity. Accepting the offer will automatically transfer the media editions to the buyer’s library, and you’ll receive payment accordingly.
Reject if you’re not interested in selling at the proposed price or terms. The buyer will be notified of the rejection, allowing you to maintain control over your pricing and editions.
Things to Consider Before Accepting an Offer:
Edition Availability: Ensure you have enough editions available to meet the quantity requested in the offer.
Market Value: Consider whether the offer aligns with the current market value of similar media on Finay.
Offer Expiration: Keep track of the offer expiration date if you need time to decide.
What Happens After Accepting or Rejecting?
If Accepted: The transaction is finalized, and the agreed editions of the media are transferred to the buyer’s library. Your account is credited with the sale amount.
If Rejected: The offer is closed, and the media remains in your library. The buyer is notified of the rejection and may decide to submit a new offer.
By following these steps, you can confidently manage your offers on Finay, whether you choose to accept or hold out for a better price.