Cryptic crossword clue
Person looking round briefly to annul or lower offer 8

The most common and most likely answer to this crossword clue is the 8 letter word GAZUNDER

I've seen this crossword clue in The Times
G
A
Z
U
N
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R

Buddy explains!

The straight part
We know that "lower offer" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lower offer = gazunder.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does GAZUNDER mean?

GAZUNDER verb
  1. To reduce the offer price of a property after agreeing to a higher one (normally just before contracts are exchanged)
GAZUNDER noun
  1. A chamber pot.

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