Your choice what price you accept.
Make a difference, accept $400.
People notice good deeds. Every time.

I’m glad you’re selling that in person because if it was long distance I would seriously wonder if there was a scam involved some way. Hopefully he keeps passing the good deed forward.

I like eBay for what it is - a useful means of buying and selling certain items. I do both. Never do auctions anymore like the old days though.

I agree. I use it with buy-it-now when I do use it, unless there’s something rare Ir w/out but it now I might try the last minute bidding once every couple years.

If there's a bid, the best offer option goes away. If you had the auto-accept on best offers over $350, that's what happened. It will show in the final results as having one bid, but it wasn't really a bid, it was an accepted offer. The buyer wanted it for $500, so sell it to him for $500. If you hadn't had the best offer auto-accept, you might have gotten more than that with multiple bidders.

You sound a lot like me - trying to be "fair & honest". If I was in your shoes I would wait until he comes to get the item and decide how to handle it. If he is paying in cash at the time he picks it up and it makes you feel better (once you meet him in person) just hand him some money back. If you meet him in person and you decide to just keep the $500 good for you. Follow your instincts once you hook up for delivery. That way you will be able to sleep well that night.

If it was me and the guy showed up on time and seemed like a good guy I would typically hand him the money back and say "here is a hundred back buy a nice dinner or something with it - I am happy with the $400 for that item". If he seems like a "jerk" - shows up late - or rubs you the wrong way just keep the $500 because he wasn't the type of guy that deserves to get it back anyway. When selling a lot of my attitude towards price is based on the buyer. Some people are great to work with and I treat those people different than the ones that show up with an attitude.

Regardless of how things play out just do what feels like the right thing to do. Typically your first instincts and what to follow. The fact you even posted the question here shows me your instincts are telling you something. Money is not always the most important part of a transaction.

Keep in mind you're paying ebay fees on $500, not $400. So of that extra $100, you're only getting about $85 of it.

Exactly. eBay is a business they want the highest number to get the most money from you for their fees.

I agree. He won with an auto-accepted bid of $500. Nobody else could bid after that. The auction ended there. I'd take the $500. You are sure going to pay fees on $500.

Remember that allowing someone to pick up an item is very risky unless they pay cash. Since you will have no acceptable proof that you delivered the item, someone who pays for an eBay item with PayPal can claim they never received the item and eBay will force you to refund the money (in this case $500). Only accept CASH when someone picks up an item in person.

I could do a very long rant about ebay and paypal.

Amazon is also a major pain now. (as a seller).