Can asking price be changed after offer is made?


Is it ethical to change your asking price after you receive many offers?

Last night some one ran TWO ads for the same model of Billy Bag stand for $200. I made an offer on one ad and the seller told me that he will make a decision later. Then on this same ad (same item number), the seller changed the price to $300.00. The other ad still has the price of $200 but it was marked SOLD.

Seems like greed speaks louder than ethics. Can an user do anything about the fact the item price is jacked up *after* the buyer made an offer? I wanted to contact audiogon service but cannot find any link to send them an e-mail.
cuonghuutran

Showing 2 responses by sean

A seller can do whatever they like in terms of refusing offers, changing prices, pulling their ad, etc... Disregard the idiot and move on or pay the higher asking price. Such is life and things are not always as we would like them to be. Personally, i would avoid dealing with an individual that pulled such a stunt. It speaks volumes about their integrity and as such, tells me that the item has a greater chance of being mis-represented than if sold by someone with a higher sense of morals. Sean
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Just remember folks, "best offer" REALLY means "BEST offer". It does not mean that the seller has to settle for an offer that is below yet close to their asking price, especially if someone offers MORE than asking price. That would obviously be the "best" offer that they could get.

If you really want something and you know that it is marked well below market value, offer the seller just a bit more than what they were asking. This happened to me ONE time and i learned my lesson well. The next time a situation like that came along, i offered the seller 25% more than what they were asking and i ended up with the item. This happened even though the seller had received a dozen different offers to pay full asking price prior to my email. The fact that the item was worth at least four times what i ended paying for it was also a great motivator in not being cheap about it : ) Sean
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