What is obo mean?

OBO, which stands for "Or Best Offer," is a term commonly used in sales and auctions to indicate that the seller is willing to consider offers lower than the listed price. It is a way for sellers to negotiate with potential buyers and provides both parties with some flexibility in the final price of an item. In some cases, sellers may use OBO to quickly sell an item that has been listed for an extended period of time. Buyers should always be prepared to make a reasonable offer when seeing OBO listed on an item.