How fair is this?

I just noticed a interesting auction. The seller states that his item is listed on both Audiogon and Ebay. And which ever site gets the highest bid, wins. Maybe its just me, but I am hoping he gets no bids on either site.

Before jumping to any more conclusions, let's clear something up: Are both listings auctions, or is one of them a for-sale?

I assume that the listing on eBay is likely an auction, right? I mean, it could be a storefront "For Sale" item, but most likely it's an auction. If someone bids on the eBay auction and is the high bidder over any Reserve Price, then there is indeed a contract between the buyer and seller.

But is the Audiogon listing an Auction, or is it a For Sale? Big difference. If the Audiogon *auction* closes above any reserve price, then there is a contract to exchange, as well.

But you say that this item is "listed" in both places. What if it's an "auction" on eBay but a "For Sale" listing on Agon? No conflict, in that case. If there's an eBay win, the Agon listing can be cancelled. If it sells first on Agon, then the seller can cancel the eBay auction listing, although it's more difficult and a bit dubious to cancel any existing bids.

As a seller, I might certainly choose to *list* in multiple places, but I'd completely avoid running two different *auctions* concurrently. And I'd avoid buying from anyone who does this.
Not fair at all. If I bid on something on Ebay and I win. I expect that item. Period. If I don't get it, I'm leaving negative feedback.
Pawlowski6132, not at all. Feel free to "play" me all you like. If I like your offer I'll sell to you, if I don't I won't.

People, what's so difficult about this: sellers are not obliged to sell and buyers and not obligated to buy. Go buy someone else's gear if you don't like this guy's tactic for getting a good price for his gear.

"That's BS! If I win an auction, I expect that item."

So bid on ebay and Audiogon and make sure you win it !
putting aside the question of fairness, i wonder who would be dumb enough to bid in the auction that ends first. in effect, the high bid in the auction ending first is merely the "stalking horse" bid for the auction ending second -- i.e., it merely serves to start the bidding for the "real" auction that ends later. from a buyer's standpoint, you wouldnt want to bid up the price in the non-binding first auction as it would create upward momentum in the bidding with no benefit to the high bidder.
Seandtaylor99, ever here of a contract????

An offer to sell at a certain price and an offer to buy at a certain price constitutes a contract in the most simple of terms.

Can anyone really imagine going to any auction anywhere, being the winning bidder and having the auctioneer say, oh sorry, we decided to sell it to someone else.

Don't be stupid.