I reserve the right not to sell if a reasonable offer is not given.
Since you're accepting offers, and the name goes to the highest bidder over a certain amount, that's called an auction, I believe. Since we have rules in place specifically for that sort of thing, please update this topic with the following bolded information (and any other applicable ones):
Auctions must be conducted under the following guidelines.
If you are selling:
1. If you have a reserve, start the bidding at your reserved price.
2. Clearly post an end date and time expressed in GMT.
3. State accepted payment methods.
4. If an auction is not exclusive to WHT, you must display the URL(s) within the thread.
5. End the auction at the end date and time you stated. Or when the "Buy It Now" price is reached, if you listed one.
6. Transfer ownership to the winner.
If you are buying:
1. You are responsible for the bids you place. Bid only if you plan to buy.
2. Publicly post your bid
3. If you win an auction, pay the seller.
Simply saying it's not an auction doesn't make it so.
Here's the definition that we base the rule on:
1. A public sale in which property or items of merchandise are sold to the highest bidder.
The way we ask members to conduct a sale like this is to start "bidding" at the least amount you'd accept (to avoid statements like "I reserve the right not to sell if a reasonable offer is not given.". Then, if no one meets this number, you're not obligated to sell anyway. You get at least as much as you'd been willing to settle for, and members don't have to repeatedly ask what you want for it.
I hope this clears it up.