Safe audiogon transactions; lowering the bar.


It appears to me that a large number of people send bank
checks / money orders to pay for used equipment sight
unseen. Most private sellers insist upon this form of
payment. The culture appears to require buyers to take
significant risk in order to benefit from lower prices.

Although this is not surprising in itself, it seems to me
that Audiogon could preserve the long term health of this
website, and its priviledges with more proactive policies.

e.g. providing guidelines on how to conduct a proper
transaction; a list of important questions to ask,
what the seller / buyer should have in writing before
a transaction should proceed, and perhaps provide a
summary of the most common problems which develop between
sellers and buyers.

There are nagging questions: Who owns the equipment once
it has been shipped? Who should be insured?

Perhaps some experienced sellers and buyers would share
their own approach to transactions on this site and how
they get people to put their best foot forward despite
themselves.
hindemith

Showing 1 response by piezo

As an additional comment on who is the owner during shipping. While Fed Ex and UPS may consider the piece yours once you pick it up, un-inspected of course, if there is anything wrong with it due, to their always delicate handling, they will settle with the shipper and it is up to you to get the money back from the shipper. So far i have had no problems with the shippers sending me the money, which is good because i have yet to recieve something from either of the above shippers where at least something wasn't damaged. For heavy objects i have found shipping by freight trucking companies is cheap and they seem to take care of things..harder to set up though..but then i digress.