A transaction between forum members.....maybe???

I entered into a transaction with another board member (he approached me). We agreed to a price Sunday night, he said he'd Paypal the $$ once I sent him my PP address (which I did Monday), and thats the last I heard from him. No communication at all. I'm assuming by his lack of communication, he wants to back out of the deal. This member is a well known poster, and been here much longer than I have been. Don't want to cause friction, but to not hear a single word, after sending a few PM's to him......

I guess what I want to ask is....

a) Is outing the member something that is practiced (to save others the trouble)
b) What is the normal timeframe before 'outing' someone that renegs on an agreed to deal?

The member in question HAS been online, and has posted (today), since we made the agreement Sunday night, so I know he has gotten my PM's. Any suggestions? Thanks in advance.

 

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I would send him a another PM and give him a few more days. Maybe something will happen. Seems strange though.

 

I agree, certainly something could have gone down....but to know he's been online, knowing he's HAD to see the 'notification' of my PM's, and hasn't had the courtesy to simply send me a PM.....I just don't get it.

 

Oh, and is 'outing' a member that doesn't follow through with a transaction (especially one that was initiated by the member in question) good form, so as to let others know there may be a future problem?

This is all under the condition he doesn't follow through with his confirmation of the deal.

 

Did you miss out on other business because you were waiting on him? If there's no loss of money or property for either party, I'd personally call it water under the bridge.

Also, is the item silver? I could see his not wanting to buy it based on silver's performance this week...but after today maybe his interest will be piqued again?

 

Yes, I did miss out...it was silver (not straight 90%, but a bit more involved, and I'd rather not get too deep into it, as it may trigger the thread/member's name where I don't want to start anything, yet).

You'd call an agreement, when you were approached, with a promise to send $$ to my PP account, 'water under the bridge'? Is that someone YOU would want to deal with?

 

If you missed out on other business due to his no-response, then that certainly is an issue.

Had you NOT missed out, then ya...you still have the item(s) and the opportunity to sell them should you please. You can personally black list that buyer, but it's not as if they stole or cheated you. Life goes on just as if they hadn't approached you.

 

I'd say give him another day, if he doesn't respond, continue to sell it elsewhere and send him a pm at that time that you are looking for other potential buyers. Now if he pays before you find another buyer, great, if you find another buyer, great. If he sends the paypal payment after you sell the item, refund the payment and tell him the item was sold to somebody else.

I don't think there's any need to 'out' the other party involved since there has been no wrongdoing. People back out of deals, and deals go bad every day. Like what was said previously, since there is no loss of money or property, just let it go.

 

Thing is, on top of the items initially agreed upon, I offered him another coin he wanted/needed/didn't have, and was going to cut him a great deal, as he seemed to be a stand-up person.

 

There WAS a loss....I was taking them to sell on Monday, and held them back due to his interest in the coins.

As an aside, if it were you that had reached an agreement, wouldn't you take that person at his word, and if the same game that is being played with me was being played with you, wouldn't it aggravate you?? Enough to warrant outing the member to potentially save someone else the bother of having the same thing happen to them?????

 

What is stopping you from selling them to somebody else now though? I know it sucks when people back out of deals that were agreed upon, but there is nothing legally binding him to purchase the item. Sure, you may have lost a buyer due to waiting, but you still have the items, you can still sell the items, and now you don't have to give anybody a deal

EDIT: Sure it would aggravate me, and it has in the past (not on these forums, but others). Since there was no loss of property and no loss of money, the only real reasonable thing to do is just move on from it, find another buyer and call it that. Water under the bridge

 

To me it sounds like he's just not sure....debating it, but not ready to commit. I think we've all been there. You're interested, but still leary for whatever reason... Have you thought about sweetening the deal just a tad to see if that helps to tip the scale? In my opinion, "outing" someone is inappropriate unless the person is a known scammer, fraud, etc. You never know, you might still have that item 6 months from now and he might be ready to make the plunge then or you might have another item for sale that is 2x the price. Why burn that bridge unless someone is genuinely a fraud?

 

It is never right to "out" someone ever especially if you haven't talked it over with the person yet. Just my 2 cnts.

 

I absolutely agree, but the longer it goes with no communication, the closer I am to outing him.

Also, if you were to get this in a PM, wouldn't you assume there is commitment (not posting the whole PM, bad taste, but using this as proof of commitment to the deal):

"I gotta get some sleep (I'm one of the few CT folks that actually has to work for a living), but will PP (gift) you the $$ once you tell me where. I appreciate you helping me out...thanks!"

 

My opinion is to send a friendly follow up email, give a reasonable deadline for a response in writing, and perhaps you'll get an answer. If this person has changed his/her mind, well then you'll know and can move on and try to sell elsewhere. But give him a few days to respond first..you never know what people are going through.. No need to mention names to any of us..theoretically we can all take care of ourselves when it comes to buying and selling. Move on, let it go. Telling that persons' name does NOT seem helpful, but seems instead spiteful.

Just my opinion.

Lucy

 

Would never be done for spite, but as a warning to others. This seems to be the only forum (and I'm on the usual forums)where the consensus says NOT to out the person. Regardless of the consensus, regardless of whether it seems spiteful......

 

To the OP:

From what you've explained, you have no contract or an enforceable agreement, IMO.

That said, and from what you've written, it does seem the other party owes you a timely explanation.

I would out them if you think it necessary, but personally I would have waited before even writing this message.

If truly your only motivation is warning others, what's the rush? Why not give it some more time to resolve itself?

To everyone:

Remember we have only heard one side of the story.

Taking no sides & only offering my opinion....Mike

 

I haven't read every post but did you use the feature that allows you to see if a PM was read? Once I had two PMs just sitting for 3 weeks because the emailed notice that I had a message never came.

2-cents= Personally, if I had other potential buyers I would send notice of MY intent to renig if there was still no response by X time. I also agree with those who feel it is not really an out-able offense...

 

The only Cointalk approved buy/sell /or trade forum is the classifieds. Since your dealing was by PM, I would think the only appropriate "outing" would be by PM. Simply tell people they can PM you for information if you want. That leaves any "outing" and resultant arguments and possibly bad feelings off of the forum, which wasn't directly involved in the deal anyway. Too often, situations like this are not as first seems, and posted words can not be easily withdrawn.

Jim

 

Mike makes an excellent point.


Still, I'd be most aggrivated indeed.....