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Does that mean the seller has set some sort of limit that auto declines the offer? And if so, do they still see that an offer was submitted?
Yes, No.
You can set the minimum you would consider so you don't get bothered by all the low balls. (not saying you're lowballing, I've seen people set it £5 less than asking price on stuff over a hundred quid.)
PhilDAS
made an offer on something on ebay, and was declined immediately (i.e. simultaneously) as I pressed submit (twice).
Does that mean the seller has set some sort of limit that auto declines the offer? And if so, do they still see that an offer was submitted?