buyers/sellers that DEFAULT on contract


Anybody ever had a buyer or seller DEFAULT on a deal/contract? What did you do? I recently had a DEAL/Contract (I have ALL the threads) and the seller defaulted. I plan on filing a small claims lawsuit, (pro se), against him. Any other suggestions to remedy these situations, when they happen? (I'm sure there are some lawyers among us audiophiles!) Share your similar experiences?
Happy Listening!
soundsgr8tome

Showing 1 response by pls1

I have had many deals fall apart when I am selling here on audiogon. There are a lot of flakes out there. I've heard every excuse except the "dog ate my email" and I'm not even a dealer. Cables seem to be flake magnets. But the most outrageous one where some one was agressively bargaining with me over a piece of equipment while he had listed the exact same piece of equipment on ebay, at a time identical to his first email to me, and with a reserve of my asking price! A few things I do. If there are multiple offers I let the second and third person know they are on the list if I don't receive funds. I mark the item sold and keep the ad up until the deal is completed. For all COD's I require good funds in advance for shipping and handling plus 10% non-refundable deposit. No funds in 48 hours, I'll sell it to the next person. I disclose this up front but dealing with these people is always annoying. Now I'm more likely to cut a curt Dealer some slack after about two years here.