Backing out of a deal
Forum rules
As of Dec 9, 2013: ONLY BUYERS AND SELLERS directly involved with a transaction can post here. Do not post replies in any topic if you are not the buyer or seller in the transaction being discussed! If you believe you can help the buyer or seller, please use the Private Message system to communicate with them. NOTE: if you have been scammed by someone pretending to be a ham, please post in the Scammer Reports forum instead. See viewtopic.php?f=2&t=136 for additional rules.
As of Dec 9, 2013: ONLY BUYERS AND SELLERS directly involved with a transaction can post here. Do not post replies in any topic if you are not the buyer or seller in the transaction being discussed! If you believe you can help the buyer or seller, please use the Private Message system to communicate with them. NOTE: if you have been scammed by someone pretending to be a ham, please post in the Scammer Reports forum instead. See viewtopic.php?f=2&t=136 for additional rules.
Backing out of a deal
He will tell you he is sending funds and after a few days tell you he found one cheaper..................
I am taking down the guys call, when I finally got word from him (I had to email him) that he was not going to follow through I was a little upset. If he would have told me I had a chance to sell it locally and that would have been that. I still feel like if you tell someone you are going to do something you should follow through. Thanks for the comments
I am taking down the guys call, when I finally got word from him (I had to email him) that he was not going to follow through I was a little upset. If he would have told me I had a chance to sell it locally and that would have been that. I still feel like if you tell someone you are going to do something you should follow through. Thanks for the comments
Last edited by kc0sme on Sat Jan 16, 2010 7:19 pm, edited 1 time in total.
Re: BEWARE K9FON
I don't see a problem here, apparently the guy was shopping and informed you of finding a better offer. Why post a negative comment?? Just my opinion.....73 Duane W7HWkc0sme wrote:He will tell you he is sending funds and after a few days tell you he found one cheaper..................
clean hands doctrine
steve,
based on your post, i assume you have never taken a car salesmans time without buying. you have never gone to best buy or hh greg, wasted a salesmans time about a tv or stereo and purchased elsewhere?
at least this guy had the courtesy to advise you not to hold the item. you should thank him instead of thrashing him in this forum.
happy hoss trading... paul w8jn
based on your post, i assume you have never taken a car salesmans time without buying. you have never gone to best buy or hh greg, wasted a salesmans time about a tv or stereo and purchased elsewhere?
at least this guy had the courtesy to advise you not to hold the item. you should thank him instead of thrashing him in this forum.
happy hoss trading... paul w8jn
BIG problem!
I do.I don't see a problem here...
If he agreed to send money, he agreed to the deal. This means he and the seller had a binding CONTRACT. Shouldn't we have a problem with people who brake contracts, especially in a business environment where honesty and commitment is important?
K4ICL
Re: BIG problem!
I agree with you. I have a problem with people who break their word in any situation, not just business. Honoring a commitment defines part of who you are as a person.K4ICL wrote:I do.I don't see a problem here...
If he agreed to send money, he agreed to the deal. This means he and the seller had a binding CONTRACT. Shouldn't we have a problem with people who break contracts, especially in a business environment where honesty and commitment is important?
K4ICL
Re: BIG problem!
I also agree. An "I'll take it" takes it off the market. If I tell you it's yours and I'm offered a higher price, it is already gone as far as I'm concerned. I would likely agree to keep the 2nd name and let him know if it fell through but the first guy has it ... even at a lower price. A deal is a deal. Continuing to shop is being a price whore.kb5pn wrote:I agree with you. I have a problem with people who break their word in any situation, not just business. Honoring a commitment defines part of who you are as a person.K4ICL wrote:I do.I don't see a problem here...
If he agreed to send money, he agreed to the deal. This means he and the seller had a binding CONTRACT. Shouldn't we have a problem with people who break contracts, especially in a business environment where honesty and commitment is important?
K4ICL
you're kidding???
ed,
you are shopping for a new car. dealer "A" gives you a quote and you like the price. you tell your salesman you will be back tomorrow to sign the papers. that evening dealer "B" advertises the same car for $2500 less. tell me with a straight face you are going to spend that extra $2500 at dealer "A"??? i guess the situation is different when its your money?
happy hoss trading!
you are shopping for a new car. dealer "A" gives you a quote and you like the price. you tell your salesman you will be back tomorrow to sign the papers. that evening dealer "B" advertises the same car for $2500 less. tell me with a straight face you are going to spend that extra $2500 at dealer "A"??? i guess the situation is different when its your money?
happy hoss trading!
Not the same situation...
This is a completely different situation. There are state laws requiring specific legal steps for a car sales deal to go through. There is NO DEAL until the required steps are followed.you are shopping for a new car. dealer "A" gives you a quote and you like the price. you tell your salesman you will be back tomorrow
Here, the discussion is about informal verbal contracts between two private trading partners. Such contracts are legally binding and enforceable in a court of law.
It isn't okay to ignore a contractual obligation and go find a better price. The searching-for-a-better-price should have been done before agreeing to buy and to send money.
So, what do you do if you get layed off on the day you made the deal or you have an accident while driving to the grocery store and can not go through with the deal because of sudden unplanned loss of ability to pay for the item on time?
You are obligated to contact your seller and work out a mutually agreeable solution for both parties. You DO NOT ignore your seller and just walk away from the deal. To do so is dishonest and is guaranteed to destroy your reputation, in the long run.
K4ICL
Re: you're kidding???
No, the situation is the same if it is MY money. I guess integrity is lost today.w8jn wrote:ed,
you are shopping for a new car. dealer "A" gives you a quote and you like the price. you tell your salesman you will be back tomorrow to sign the papers. that evening dealer "B" advertises the same car for $2500 less. tell me with a straight face you are going to spend that extra $2500 at dealer "A"??? i guess the situation is different when its your money?
happy hoss trading!
In the off the wall example you cited (with nothing to do with amateur radio), I would probably take the ad with me the next day when I returned and try to get a better deal. If not, MY word is good. That used to be virtually uiniversal. I supposed now we have to ask, "Is your word any good?" Fer gawd's sake!!!!
HORSE FEATHERS
What a bunch of horse feathers. ALL the moralists are saying that if you found a Yaesu 1000d for $2000 and agreed to buy it, then you found one just as nice for $1200 you'd really send the extra $800........ I would give the first seller the chance to match the second deal, if he wouldn't match the price the deal goes down. Maybe that doesn't sound right ,but either do all the Moralists who say they'd blow another $800. Lets face it, until the money is in hand, you have nothing. As for getting an email on the deal....... that's a joke. And all the experts giving advice on a deal gone bad "Call your local police and FBI, internet fraud, AND YOUR LOCAL INDIAN TRIBE....... again, HORSE FEATHERS. They have much more to do. Now watch all the Moralists come back at me with "I'd send the money, because I said I would" Again "Horse Feathers" Always watch out for people who have to keep telling you how honest they are, over, and over. 73's
Intent to purchase is a "legally binding contract"?
Right...drag that into small claims and the judge will ask you "what was your loss?" . You will say "well he said he was gonna buy my radio and then didn't!".
You're not out any money and the ad was free to post.
You're out some time, nothing more.
Yes it was tacky how the potential buyer back out of the sale and left you hanging, but buyers backing out of deals happen all the time.
Is it worth the negative to the guy? All you've generated is animosity for posting about such a piddling little problem.
Right...drag that into small claims and the judge will ask you "what was your loss?" . You will say "well he said he was gonna buy my radio and then didn't!".
You're not out any money and the ad was free to post.
You're out some time, nothing more.
Yes it was tacky how the potential buyer back out of the sale and left you hanging, but buyers backing out of deals happen all the time.
Is it worth the negative to the guy? All you've generated is animosity for posting about such a piddling little problem.
Not to put too fine a point on it...
This is not about intent. When the man says he will send the money he has made a commitment to pay for the item.Intent to purchase is a "legally binding contract"?
Nuff said...
read the facts
some of you are not reading the entire story. the potential buyer did not vanish leaving the seller holding the bag! he told the seller he found a better deal. i love hoss trading. some buyers send money the same day and some vanish. if they vanish i simply relist the item. nothing lost.
best 73 paul w8jn
ps i agree, i used a bad example with the car sales. how many of you have called hro and took up 20 minutes of "chuck's" time getting details and a price, only to call "roger" at r and l to shop chucks price, then took rogers price to "luke" at aes and purchased from luke at aes las vegas? i am guessing you called roger and chuck back, apologized for taking their time and told them you shopped their price and purchased from luke at aes????
really guys... hams are the cheapest people on the planet. wellllll i guess this is another bad example because aes, hro and r and l are "big ham" like "big oil" and "big auto".
you guys remind me of patrick kennedy who moralizes and shames us for driving a suv while he pollutes the stratosphere with his private jet fuel exhaust. liberals always have "reasons" why rules apply to all us peons, but they are exempt!! har har har..............
best 73 paul w8jn
ps i agree, i used a bad example with the car sales. how many of you have called hro and took up 20 minutes of "chuck's" time getting details and a price, only to call "roger" at r and l to shop chucks price, then took rogers price to "luke" at aes and purchased from luke at aes las vegas? i am guessing you called roger and chuck back, apologized for taking their time and told them you shopped their price and purchased from luke at aes????
really guys... hams are the cheapest people on the planet. wellllll i guess this is another bad example because aes, hro and r and l are "big ham" like "big oil" and "big auto".
you guys remind me of patrick kennedy who moralizes and shames us for driving a suv while he pollutes the stratosphere with his private jet fuel exhaust. liberals always have "reasons" why rules apply to all us peons, but they are exempt!! har har har..............
What's cheaper than a ham?
A group of hams..!!! A person is only as good as their word...73, Alan
If you agree to buy an item at a set price, and change your mind, at the very least you owe it to the seller to tell them immediately so that they can move on to the next person.
I've been to too many hamfests where someone would say "set that aside for me, I'll be back for it later" and they never come back. In some cases, they found a better deal... fine, but meanwhile, I have the item out of circulation, and sometimes it remains unsold at the end of the day when I have had to turn down other potential buyers.
The worst one I can think of is when someone told me BEFORE a particular hamfest that they'd buy my Drake C-Line for a set price. Brought it to the 'fest, had it in the back of the van... the buyer never stopped. Oh, he was there, I saw him walk past (never looked at me, should have known right then) once, but that was it. He told me later that he'd spent the money on a Drake B-Line someone else had. FIne, but the rig went home with me unsold, and I had had to turn a few people away -- including someone who offered me more -- who bought other rigs from other tables.
Is it a "legally binding contract"? No. As someone has already said, a verbal deal is only as good as the paper it's written on. It's more a question of ethics and values... are you good to your word?
In the original situation cited, at least the potential buyer finally owned up to what happened. I don't think he should have taken so long to do it, though. At the very least, he should have told the seller "someone just offered to sell me the unit at (price), will you match?" but that's not really the point either.
I've been to too many hamfests where someone would say "set that aside for me, I'll be back for it later" and they never come back. In some cases, they found a better deal... fine, but meanwhile, I have the item out of circulation, and sometimes it remains unsold at the end of the day when I have had to turn down other potential buyers.
The worst one I can think of is when someone told me BEFORE a particular hamfest that they'd buy my Drake C-Line for a set price. Brought it to the 'fest, had it in the back of the van... the buyer never stopped. Oh, he was there, I saw him walk past (never looked at me, should have known right then) once, but that was it. He told me later that he'd spent the money on a Drake B-Line someone else had. FIne, but the rig went home with me unsold, and I had had to turn a few people away -- including someone who offered me more -- who bought other rigs from other tables.
Is it a "legally binding contract"? No. As someone has already said, a verbal deal is only as good as the paper it's written on. It's more a question of ethics and values... are you good to your word?
In the original situation cited, at least the potential buyer finally owned up to what happened. I don't think he should have taken so long to do it, though. At the very least, he should have told the seller "someone just offered to sell me the unit at (price), will you match?" but that's not really the point either.
eric is correct
the guy advised him that he found a better deal. based on some of the twisted logic here, you should pay too much for your home, for your new windows, your landscapping, your car, your stereo, your computer, your remodeling! there needs to be a federal law forcing people to pay the highest bidder for everything we buy because its the honorable thing to do. har har har
happy hoss trading and ps, make sure you spend to much money, buy from the highest priced retailer!!!!
happy hoss trading and ps, make sure you spend to much money, buy from the highest priced retailer!!!!
Nothing.eric wrote:So whats wrong with finding a better deal???? Waaaaaah waaaaah hams are too whiny!
But if you tell someone you'll buy the item at a given price, and then find a better price, at least have the courtesy to tell them you changed your mind. Otherwise they're holding the item for a buyer who will never appear. Which makes the would-be buyer look bad in the long run.
Well im going to be the real man here and say I WAS THE ONE that backed out of the deal when he said that he was going to charge me 100.00 to ship the rig!!!! Thats nuts!!! The last time i shipped a Drake it cost me around 50.00 to ship all the items. I did find a better deal for $200.00 plus $35.00 shipping.
Re: eric is correct
So i guess if i find a gas station that has unleaded for $2.69 a gallon and then find a station down the street selling it for $2.60 a gallon i need to pay more for my fuel????????w8jn wrote:the guy advised him that he found a better deal. based on some of the twisted logic here, you should pay too much for your home, for your new windows, your landscapping, your car, your stereo, your computer, your remodeling! there needs to be a federal law forcing people to pay the highest bidder for everything we buy because its the honorable thing to do. har har har
happy hoss trading and ps, make sure you spend to much money, buy from the highest priced retailer!!!!
its too bad the poster has to get on here and whine, XXXX, and moan about the deal falling through. I say GROW UP, XXXX and move on!