Onhwy61, nice comments...you must be a lawyer too?
Please allow me to interject before you take this overboard. I NEVER jerked anyone around. I had 2 emails in my inbox at the SAME time. One read, "I'm interested in your amps for XXXX dollars". The other read "I'm interested in your amps and I live within 15 minutes of you." I wrote the "Out of State" offer an email that I had a strong possibility of a Local Sale which I wanted to pursue first as it was a local deal. I called the Local party who agreed. The local party wanted to have them for 3 days to demo. I TOLD the local party that I cannot do that as I have another interested party waiting on us to complete this negotiation.
In the meantime, on the day of getting both offers, I told the "Out of State Offer" that it was not right for me to play 2 buyers against each other for the max price, nor keep him strung along. Rather, I wanted to pursue the Local deal first for many reasons (No shipping, Less chance of Fraud, Less chance of breakage during shipping, etc.) I was completely up front and honest with the out of state offer that IF the local sale did not work out, and he was still interested, I contact him within 2 days, which was the scheduled time of the Demo. That is why the "Out of State Buyer" went to buy someone else's gear!!!
I am not the least bit mad at the "out of state" offer, I feel bad that I couldn't have had the chance to given him a BETTER deal than what he got. He was completely right to find the same product somewhere else! We all would have done the same thing. My concern is that I could not have negotiated with the ONLY genuinely interested party FIRST.
This has taught me a few lessons. I believe that I will no longer be doing local sales as I would rather have the troubles of mailing 360 lbs of speakers for a clear deal over dinking around with "unverified" buyers! In the end, this will only hurt the buying market of used equipment by people who are less than honest or up front. This used high-end audio market is tough enough without unreputable people participating. We are not in the business of doing this for a living. This is our hobby where we give up our
time on the weekends as a favor for someone who wants to
buy them.
Secondly, I loved a few of this ideas such as charging $50-$100 up front for a demo! How about making it $200 which is refundable with a closed deal??? I also like the idea of a credit check. My father suggested the same thing. The "buyer" actually lived in one the highest priced housing areas. Heck, he was bragging to me about just having bought a new engine for his Porche! Who would ever have thought he was penniless??? $2900 is not a LOT of money for people who own Porche's.