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Have you had buyers/sellers back out of a deal?

Hi All,
Have you had a buyer or seller ever back out of a deal?
If so, would you please post your experience to this thread?
I don't know about you, but I've had this happen before and am WAY tired of the situation.

There are a LOT of RESPONSIBLE, REALLY nice folks on this site with good communication skills. And I've had, and I'm sure you too, have had some good experiences buying, selling, and just exchanging information.

But when someone makes an AGREEMENT to purchase or sell an item, and everything has been finalized, breaking/"changing their mind" to that agreement is called a BREACH or DEFAULT of contract.
At best, this wastes our time. At worst, we may have committed to sell a piece of gear to someone else in anticipation of getting the piece from the breached deal.

So what should we be able to do about this situation???

Did you know that this is NOT one of the FOUR situations that warrants negative feedback to be posted against someone's account here?!?

If you've had a similar thing happen to you, and would like to at least be able to post negative when/if it does, tell us about it please?
And also give your suggestions on what action could be taken (I'm sure this will get some interesting responses!) :-) to help keep this from happening in the future?

Thanks and Happy Listening!
myraj
nrchy's avatar
nrchy
2,124 posts
 
I have had someone back out of a deal after he had my money. He decided he did not want to sell the phono section he listed. He sent me back an extra hundred dollars which did nothing to assuage my disappointment. I didn't want the money, I wanted the phono section. He later relisted the item at the same price.
I should have left negative feedback! Feedback should be left for every transaction. My feedback might have prevented some one else from having the same lousy situation occur with them. Would Bob bundus want to have some jerk stiff him on a deal that wasn't going to go through and have his money floating around for a month? Would he want to be without the product he made a "good faith" deal to purchase?
By all means; leave negative feedback for the people who deserve it. They make other people nervous about buying from the good sellers!
bob_bundus
1,834 posts
 
if money or property changes hands then feedback is in order

any other cases it is absolutely not permitted since no transaction occurred, only negotiation

if everyone tries to make up their own rules about "who deserves what" then the system fails everyone
& is useless
yeigh
10 posts
 
I backed out of selling a pair of maggie 3.5R to a seller for his rudeness and lack of respect for my wife and myself.
He was going to pick them up and I told him not to bother in that I did not want him in my house! I then sold them to the next buyer and I drove two hours to deliver them. He was very appreciative and paid me extra even though I had not asked him for it.
I would do the same all over again! By the way(non-buyer) he gave me negative feedback.
moto_man
354 posts
 
My realistic viewpoint is that there are all types of people, just like in "brick & mortar" retail. Some flake and some don't. Anyone who has done retail consumer sales can tell you that people are nuts. On here, a deal is never completed until I have the money or the product. Can't be disappointed if the deal doesn't go down. It's the price you pay for having practical access to a world full of buyers/sellers!
gunbei
2,327 posts
 
If anyone is referring to me regarding me not leaving feedback for the guy that didn't ship me the subwoofer after I waited three weeks, well I may have to go public with some information because it's been two months and I still haven't received a refund from the manufacturer who transacted the deal.

While I promised not to leave negative feedback, I realize that I'm doing a disservice to my fellow Audiogoners by not leaving a warning.

If I don't get my 1900 bucks soon, I will reveal in a thread the name of the Audiogoner and manufacturer involved.
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