Buying and Selling of feedback


Today I saw the second auction where the seller states something to this effect "if you don't come through with payment on a winning bid, you can give me $xx (or a percentage of the bid) and back out without negative feedback posted. otherwise, negative feedback will be posted.

This seems like extortion to me. Also, aren't the rest of us entitled to know about a deadbeat bidder (via negative feedback)? The posting of negative feedback is the correct recourse for a deadbeat bidder - not a bribe or "fine".

I think this behavior undermines the feedback process. What do the rest of you think?

Just curious.
dozer

Showing 1 response by porschecab

Here are the rules:

Feedback may be submitted only if one of the following events have occurred:

- Buyer winning a bid at auction, if reserve is met.

(I would add, if backing out, feedback is allowed)

- Seller receiving a bid at auction above reserve price.

- Buyer sending payment to a seller in a verifiable form.

- Seller shipping an item to a buyer in a track-able manner.

Feedback should be left after your transaction has reached some form of finality (delivery, cancellation, attempted settlement, etc). You may submit at most one feedback per transaction, so wait until it is completed.

The word 'attmpted' would be commitment to buy, which is bidding on an auction, per rules of auctions (EBAY OR AUDIOGON for that matter), and in my opinion, is grounds for feedback.

Dan