Saturday, January 8, 2011

OPINION: BACKING OUT OF DEALS

Over the holidays I've had the opportunity to land some great additions to my Linden collection. A lot of new releases, a lot of parallels, a lot of low numbered cards.

Some I bought on ebay, some I bought on hobby trade boards. In all instances, they have been smooth transactions.

Say for one.

I had the chance last week to land one of the more rare Linden cards out there. An ITG Ultimate Memorabilia Fight Strap card /3. I was thrilled to see it and was anxious to get some info on it.


Immediately, I contacted the seller asking if the card was available and if so - how much. I received a prompt response saying he was looking for $150.

Now, I knew that one other copy of the card has already landed in the hands of a Linden collector - so that leaves two cards available. I felt that $150 was a good price and so we struck a deal.

I fired off the funds to him immediately and he said he would have the card off to me after the holiday rush. We both confirmed the deal on the trade boards and it was just a matter of time before I added yet another gem.

Awesome!

Wait.....not so fast.

A couple days later, I received a full refund from the seller. He contacted me to let me know that he had cut a deal earlier on another trade board for the card and he had forgotten about it. He said that while I was the first to pay, the other guy was the first to strike the deal. Coincidentally, we both bought the card for the exact same price. He said that he was torn as to whom to sell the card to - so he decided to just hang onto the card and refund us both.

Disappointed, I understood and asked to be given the heads up when he was looking to move the card again. He appreciated my understanding and said he would.

I was a little surprised then to find said card up for grabs on ebay tonight....with a rather healthy $500 'Buy It Now' price attached to it. While there is the chance to throw a 'Best Offer' his way, I started to wonder what the scoop was.

I confirmed with the seller that it was indeed the same card and asked what was up? He said that he's putting it out there for a ridiculously high amount not expecting to sell the card.

He's already received an offer of $250 for it. An offer he plans on turning down.

I told him that if I had known he was going to put the card up on ebay and was looking for that high a price, I'd have preferred him sell it to the other original buyer. No point in having neither one of us not get the card.

I wonder what the other original buyer of the card feels about the auction and the whole situation in general? If you're out there, drop me a comment and let me know.

I for one can't compete with at least a $250 bid - knowing that I had a done deal for $150 just a few days earlier.

In all honesty, it makes me feel like the seller had second thoughts at selling the card for what he considered to be a low price and is just looking to maximize his return. I hope I'm wrong...but that's what my gut says.

I think the point of all this is: If one makes a mistake and 'double sells' a card - at very least, one of the two buyers should get the opportunity at the card.

I smell something fishy when not only the seller neglects to contact the refunded buyers, but is looking to get probably double what he had sold the card for originally.

It's sad, because it would have been a great addition to the collection. I just see no rational way that I will be able to get my hands on it now. I refuse to pay twice what I originally had an agreement upon.

A note to all sellers - keep track of your ongoing sales. I understand mistakes do happen, but a lot of times, these situations can be avoided.

6 comments:

  1. Going forward, I'd avoid dealing with this seller. Relisting it so soon after canceling both sales proves that he undervalued it. Not very ethical, if you ask me.

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  2. sounds like a bunch of bull to me. this guy probably sold it to you, then got another offer for maybe even more and decided to maximize his profits on ebay. what a d#*k! i suggest going to his home and stealing it...that'll teach him!

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  3. As I mentioned, something just doesn't seem right. It's unfortunate.

    The seller has been very communicative throughout the process (say for giving me the heads up he was putting the card on ebay). That's what threw me for a loop.

    It was a little frustrating to see the card that I had already paid for sitting on ebay with an asking price much much higher than my agreed price.

    And he's not even really planning on selling it (unless someone hits the BIN). So why put it up for auction?

    It's disappointing that a card I once was really excited about adding to my collection is now one that I really have no desire to even look at anymore.

    The one upside is that there is one more copy of the card somewhere out there. Fingers crossed that the card will one day find a way into my collection.

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  4. Let's hope so. Good things happen to good people.

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  5. Seller did the good thing... So hard to get a decent money return that when there's a possibility of getting a bigger price, go for it !

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  6. So agreeing to a sale, accepting the money and then backing out and not giving the buyer a chance is 'the good thing'?

    Yeah..............right.

    It's sad that the almighty dollar can have such an effect on some people's minds.

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