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So, I've listed an item last night, and a buyer with a 1270 feedback sent a reasonable offer.
Is there a legitimate way I can simply accept the offer?
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If there are no bids you can just end the auction now, and have him send you payment outside of eBay- but of course that would not allow you any of the protection that a completed sale through eBay would have.
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Yeah. I'd just as soon stay 'protected'.
So, I paid eBay 2 bits and added a "Buy it now" for the offer price.
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Follow up ...
She took the "Buy It Now"
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I sometimes do a Buy it now price and a Make Offer option.