Withdrawing offers

[Deane]

Hi there.

What is the policy on people withdrawing offers? I have had two withdrawn in the last two days. What is the point of this system if there is no follow through?

Deane

[Li Mu Bai]

um you are referring to... what exactly?

[rad006]

There is none they are allowed to as well as you are allowed to say sorry not for sale anymore

[Deane]

Thanks.

[JoeK]

In my oppinion, if someone made an offer and you agreed, the deal is made and you must go through with it. Now you get a wanker who reply to a for sale thread, making an offer and saying he will take it, but after a day he says sorry, not interested anymore. Saw this yesterday in the for sale thread, but seeing that a few hubbers wants some to myofb, I said nothing.

Your word is your bond, If you are interested in an item but have second thoughts on buying, let the seller know, don't say you'll buy for this price and when seller excepts you say sorry, I changed my mind.

My 2cents worth.

[TitusTi]

So, you're not allowed to change your mind anymore? Good luck enforcing that one.

[Fulmenicilus]

Technically a legally binding contract came into force as soon as both parties agreed to the sale, sale item and sale price. To enforce such a contract in court is totally another matter, and usually not worth the money and effort involved. Maybe we should institute a rating system similar to that of bid or buy where both buyers and sellers are rated, thus ensuring that only people honestly interested in buying makes an offer. 

[The Saint]

Mmmmm Fulmenicilus is right. Once both parties have agreed a Verbal Contract is in force and binding according to Mercantile Law. However try to proove this in court - quicker and cheaper and less stressful to tell the guy to f' off and find a new purchaser.

[Wernervdmerwe]

It is weird that it happened twice, I told my wife we can do a bit of redecorating, then the lawnmower broke, so I understand unexpected expenses happens. Also, I have had offers accepted and the people find the same product for cheaper and buy there (I have done that myself once as well though, felt very guilty as the store (CycleLab NG) had really done more than their fair share to assist, but the price difference was just over R1000 at the time).

 

 

 

I remember learning that one can return purchased goods within 7 days on a 'buyers remorse' clause, so I would rather the guy cancel at the last moment, than him bringing it back after a couple of days and me having to refund him - as I would have no doubt been spending some of it

 

 

 

But the previous posts are correct, legally if you tender something and that offer is accepted, verbal or otherwise, you can enforce that in a small claims court, but I agree with MuXmAn, it is not worth the effort - if one person would buy it, then another will as well.

 

 

 

Normally I find cyclists are nice people, given the 3 that I know are my long-time friends

[Spud]

I think there is a five day "cooling off" period that is in place........not sure of at which point it is enforced though but think it is in the "offer" period.

[JoeK]

So' date=' you're not allowed to change your mind anymore? Good luck enforcing that one.[/quote']

 

Feelin guilty dude????

[Ox_Wagon]

Must say it is rather eritating if you hold something for someone and they then change their minds.

[Willehond]

Must say it is rather eritating if you hold something for someone and they then change their minds.

 

Number One rule in selling: First one with the cash wins!  If you have a cash offer then you sell. 

 

If you want something, then run and buy it before someone else gets it. 

 

No other rules, or displays of niceness, will apply