chuck Posted June 11, 2009 Posted June 11, 2009 It would seem as if there are some people around without any morals. If it does not influence me, good luck, but if it does then I hope it will come and bite them in the ass. When you start a sale (advertise for a predefined price) then stick to it and follow though. Don't try and backtrack to see if you can squeeze a few more bucks out of a deal by suddenly starting an auction with 'I have offers for x, any one want to better it'. Dis ****** swak om die minste te se en ek hoop dat die vlooie van 1001 kamele invest jou pubic area as jy dit doen!
Red Zone Posted June 11, 2009 Posted June 11, 2009 Supply and demand buddy, its called capitalism. Why should the hub be any different from the real world?
mpcombrink Posted June 11, 2009 Posted June 11, 2009 I don't see a problem with that as long as the seller does not push for more than the asking price What I hate more is you see the same deal published a week later at a higher pricempcombrink2009-06-11 04:16:21
fandacious Posted June 11, 2009 Posted June 11, 2009 Supply and demand buddy' date=' its called capitalism. Why should the hub be any different from the real world?[/quote'] umm not quite. imagine u go to pick n pay and when u get to the till the cashier tries to get a few more bucks out of you for your items? the advertised price is a legal and binding contract...
Red Zone Posted June 11, 2009 Posted June 11, 2009 Supply and demand buddy' date=' its called capitalism. Why should the hub be any different from the real world?[/quote'] ? ? umm not quite. ? imagine u go to pick n pay and when u get to the till the cashier tries to get a few more bucks out of you for your items? ? the advertised price is a legal and binding contract... 1. The hub is not pick and pay. Lets not even go there. 2. why is it that its ok for people to feel that they can offer a lower price, but if a seller also wants to renegotiate its a problem? 3. Its only a legally binding contract when there is agreement between willing buyer and seller. 4. if you get huge demand for an item and realize that you have under priced something, you have the right as a seller to withdraw the item and readvertise, or ask for new offers.
Gumpole Posted June 11, 2009 Posted June 11, 2009 Supply and demand buddy' date=' its called capitalism. Why should the hub be any different from the real world?[/quote'] umm not quite. imagine u go to pick n pay and when u get to the till the cashier tries to get a few more bucks out of you for your items? the advertised price is a legal and binding contract... The 'purchase price' is not a legal and binding contract (contract with who?), it is merely an offer to sell. The seller can increase it, decrease it or remove the item for sale as he sees fit. Only once somebody has offered him a sum to buy it AND this has been accepted is it binding. agreed it is pathetic for the guys doing this - maybe the recession has bitten?
mpcombrink Posted June 11, 2009 Posted June 11, 2009 Supply and demand buddy' date=' its called capitalism. Why should the hub be any different from the real world?[/quote'] umm not quite. imagine u go to pick n pay and when u get to the till the cashier tries to get a few more bucks out of you for your items? the advertised price is a legal and binding contract...The 'purchase price' is not a legal and binding contract (contract with who?), it is merely an offer to sell. The seller can increase it, decrease it or remove the item for sale as he sees fit. Only once somebody has offered him a sum to buy it AND this has been accepted is it binding.agreed it is pathetic for the guys doing this - maybe the recession has bitten? Now here is where it gets tricky... ?The seller can increase it, decrease it or remove the item for sale as he sees fit..? - I agree. But if the sellers have posted an offer for say R100 and a buyer accepts that offer of R100... that is a legal binding contract.The seller may then ask to increase the price but only to the buyer which made the original offer and may not put the item on auction at this stage. Only when the buyer does not accept the counter offer form the seller, may the seller engage with another buyer, essentially restarting the negotiations. Since most of the time deals are made in PM?s and are not public, the seller can do whatever he want as there is no control of what offers have been made and who has made the first offer, highest offer, etc, etc, etc... At the end of the day a seller will take the nearest offer, and will try and make the most of the deal... and will probably still end up loosing out on the deal
Evan Andreou Posted June 11, 2009 Posted June 11, 2009 Provide context to your rant Chuck. A seller can hold out for the best price, that is their right. If they accepted your offer and tried to bump the price after the fact they are in the wrong
chuck Posted June 11, 2009 Author Posted June 11, 2009 Provide context to your rant Chuck. A seller can hold out for the best price' date=' that is their right. If they accepted your offer and tried to bump the price after the fact they are in the wrong[/quote'] If you put something up for sale at R10 and a willing seller comes along and say 'hey I'll take that for R10' (not less than asking price) then for you to go back and say 'ok I can get the R10 I asked but is somebody willing to give more?' is just plain wrong. Yes it's your stuff and until it's sold you can do what you want but it come down to morals. Nobody ever said that the asking price is binding so it is not a legal issue, it's an issue of ethics. If you feel like holding out for the best price then put it on auction, not on sale. BIG DIFFERENCE! BTW It's got f-all to do with supply and demand as a previous post suggested. Supply and demand dictates the asking price, or if it's an auction, the selling price. It got everything to do with greed.
KDEE Posted June 11, 2009 Posted June 11, 2009 Ethics and morals. Agree entirely with Chuck. Use a auction or take offers if you are unsure what an item is worth or how much you can get.. Up for sale for R10 and I offer R10, do the right thing, and sell it at that price. Thats after all what you expected and were happy with when you first posted. Yes, its the internet and there are no rules. But for sure your selling reputation is going to be damaged if you mess around with the price. There one or two peeps on here that i will never buy from because they have done this. A perfect example of how to handle/resolve a similar issue was the one with slowbee and the brakes... Misunderstandings and miscommunications can and do happen. Resolving it the right way and perhaps apologising goes a long way... Telling someone to stay out of the kitchen is just pissing off potential buyers of the future.
Christopher Brunsdon Posted June 11, 2009 Posted June 11, 2009 If someone feels he can get more than his asking price then he should clearly indicate that the price is up for auction with a reasonable end time. Personally I feel the sale should then be moved to bid or buy. I see nothing ethically wrong with posting a thread of an item for sale with a link to bidorbuy, but I agree 100% that you ask a price and stick to it, if your going to drop it then indicate your price decreases. Name and shame.
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