Quick Question Re: "Best Offer" On Ebay

Sometimes when I submit a "Best Offer" on ebay it says that so and so has X number of hours to respond (or something similar to that). Other times, after I submit my Best Offer, it says INSTANTLY that so and so did not accept your Best Offer. Anyone know how the differences come about and care to educate me? Thank you.
/s/ JackWESQ
/s/ JackWESQ

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Comments
So if the seller has a BIN of $299.99, but is accepting Best Offers, he can set it up to reject anything like $200.00 for example
/s/ JackWESQ
<< <i>Besides, now that they have the counter offer feature, I have used it a number of times and it actually works out well. Savvy buyers will definitely haggle the best price out of me sometimes.... >>
Exactly right. A lot of times the buyer is going to offer some ridiculous price just to see if the seller will bite - even though he may be willing to pay more. If the seller agrees, then great for the buyer. If not, that seller can send the buyer a counter offer at a more realistic price
It's been constructive dialogue and I think if it sits another month, the card will be mine
One of the better features on eBay
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25