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Have you had buyers/sellers back out of a deal?

Hi All,
Have you had a buyer or seller ever back out of a deal?
If so, would you please post your experience to this thread?
I don't know about you, but I've had this happen before and am WAY tired of the situation.

There are a LOT of RESPONSIBLE, REALLY nice folks on this site with good communication skills. And I've had, and I'm sure you too, have had some good experiences buying, selling, and just exchanging information.

But when someone makes an AGREEMENT to purchase or sell an item, and everything has been finalized, breaking/"changing their mind" to that agreement is called a BREACH or DEFAULT of contract.
At best, this wastes our time. At worst, we may have committed to sell a piece of gear to someone else in anticipation of getting the piece from the breached deal.

So what should we be able to do about this situation???

Did you know that this is NOT one of the FOUR situations that warrants negative feedback to be posted against someone's account here?!?

If you've had a similar thing happen to you, and would like to at least be able to post negative when/if it does, tell us about it please?
And also give your suggestions on what action could be taken (I'm sure this will get some interesting responses!) :-) to help keep this from happening in the future?

Thanks and Happy Listening!
myraj

Showing 2 responses by gunbei

gunbei
2,327 posts
 
I closed a deal to purchase a subwoofer here on Audiogon Oct. 9th and sent my payment information immediately. On Oct. 28th I canceled the deal because three promised shipment dates had been missed and the sub still hadn't been sent.

I told the seller that I no longer felt good about the deal and wanted to cancel. I informed him that if the sub was sent, I would have to leave negative feedback, but if I were to receive a full refund I would call it even and not leave any feedback.

It's a very unfortunate situation because the seller had excellent feedback and I was excited to get this sub. The packaged sub is very heavy and the seller said he needed help in getting it from the 3rd floor where it resided, down to the ground floor where it could be shipped from.

He was apologetic and agreed to refund my money. It's been six days and still no refund, I hope everything turns out, and I don't get stiffed. I do have one source of recourse though. My payment was made via Mastercard directly to the manufacturer of the sub who acted as a middle man for the transaction. I've already received a statement reflecting the charge. I'm sure if anything goes wrong I can work something out.

Question for everyone: If my refund is lost in transit to me who is responsible? I told the seller as long as I RECEIVED a refund I would call everything square.
gunbei
2,327 posts
 
If anyone is referring to me regarding me not leaving feedback for the guy that didn't ship me the subwoofer after I waited three weeks, well I may have to go public with some information because it's been two months and I still haven't received a refund from the manufacturer who transacted the deal.

While I promised not to leave negative feedback, I realize that I'm doing a disservice to my fellow Audiogoners by not leaving a warning.

If I don't get my 1900 bucks soon, I will reveal in a thread the name of the Audiogoner and manufacturer involved.
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