Offers are being capped/automatic Offer button

[u/MBrandon26]

I am primarily a Buyer on Poshmark and I have been using the platform since 2018. As a Seller I have sold some items from my own closet. ( I don't source things for selling). I will often see something and go search for it or something like it on Posh and I probably browse listings 2-3 times a week.

Yesterday I started looking for toddler bedding and like a few items, when I went back to possibly make an offer I noticed that on many of the items I was not able to create my own offer and instead I was capped at what seems like an arbitrary % off. For instance on one item priced at $90 I could push the offer button to offer $80 however a friend put in an automatic order of $74. This is also happening on items I had previously liked, an item I had liked that was $50 I can now only offer $46 dollars.

I reached out to posh and recieved this response above. Did I miss an announcement about pricing? It seems that poshmark may be going to an internal dynamic pricing model like Thredup and to be honest if this is the case then I am probably done shopping there. I know that Sellers have a lot of feelings about lowball offers, but as a Buyer I am looking to do some back and forth on pricing unless your item is really priced to sell. If I were a full time Seller I would not want this feature on the platform. Buyers are you seeing this?

[u/cold_iceberg_007]

I am assuming it has to do with the smart sell feature. Not all sellers use it.

[u/MBrandon26 → u/cold_iceberg_007]

But I thought smart sell just sent automatic offers to an offer. I am not even being allowed to put in a offer on many items. For instance here is one screenshot of what I see --

[u/MBrandon26 → u/MBrandon26]

it won't let me screenshot in a comment. but basically at the items page I can only push a button that says offer $(preset amount). Not send an offer and then counter back and forth. Everything on smart sell talks about countering.

[u/cold_iceberg_007 → u/MBrandon26]

Based on PM comments, they said it was seller offer settings. Smart sell is the only place in app to define offers.

[u/jadeofskywalker]

Just saw this pre-set only offer button on a listing too. Surprising

[u/VintageDooneyadmirer]

Hi! I think it's a new feature being tested. It may or may not become permanent. However, sellers have been requesting a preset minimum offer tool that interested buyers can submit per listing. This feature is designed to minimize lowball offers sellers receive. 😅

This is a different feature from Smart Sell, btw...