What is how does offering work on goat?

Goat is an online marketplace that facilitates peer-to-peer selling and buying of sneakers and streetwear. The platform allows sellers to list their items for sale, while buyers can purchase these items by making an offer.

Here is how offering works on Goat:

1. Browse listings: Buyers can search for the desired item on the Goat app or website. Sellers post their items along with their asking price.

2. Make an offer: If the listed price is higher than what the buyer is willing to pay, they can make an offer by entering the amount they are comfortable with. The app also shows the seller's lowest acceptable price.

3. Seller's response: Based on the offer, the seller can either accept, decline or counteroffer. If the seller accepts the offer, the buyer has 3 hours to complete the transaction.

4. Payment and shipping: Goat handles payments and shipping. The buyer's payment is held by Goat until the authenticity of the item is verified. Once authenticated, Goat releases the payment to the seller, and the item is shipped to the buyer.

5. Returns and refunds: Goat offers a return policy for buyers who are not satisfied with the item. If the item is returned in the same condition as it was received, the buyer is refunded their payment. However, if the item is found to be tampered with or in a condition different from what was indicated, the return may be rejected.

Offering on Goat provides buyers with the flexibility to negotiate and buy items at a comfortable price range, while sellers can potentially earn more than their listed price, leading to a win-win situation for both parties.