Can a buyer back out with no penalty?


Hi members,

Last week I got an offer for a preamp on Audiogon which I am selling. The buyer offer cash local pickup and he required an audition before taking the preamp. It seems fair to me so I accepted his offer.

Yesterday he came to my house with another guy. They spent almost an hour to play through my system. Then finally they said they don't want to buy it with the reason "I don't like the sound". I tried to explain to him that after the buyers' offer is accepted that is a commitment to buy. Unless the product was not as described in the ads, he has to take it. They just left without saying anything.

My question is: what do we do with that kind of buyer, how to deal with this situation correctly?

Thanks,

Calvin

dangcaonguyen

Showing 3 responses by dangcaonguyen

You are right Inna, we are not dealer.

Its just sometimes we want to share our passion in audio with someone else. I have always treated buyer as audiophile. Myself as an example. When I buy some audio equipment, I really want to have it as soon as possible. That is the reason I accepted local pickup. And also "hot cash" was very attractive, haha..

Thanks,

Calvin

Thanks Mofimadness,

I will leave the appropriate feed back to him (Neg.). I will ask for deposit as you said next time.

Calvin

I thank all of you who have replied. I hope the buyer have a chance to read this to see what others think of his act. I dont give him neg feed back. I just hope he will respect other people's time and do some research before sending an offer. I had to skip work and drive back 40miles from work to meet him at home because of his available time slot. I have learnt a big lesson and will be very careful for home audition next time. 
Thanks to all, after reading your comments I feel much better.
Now is my time to enjoy my new Shindo system which i was lucky to buy from audiogon members.
Calvin