Phony buyers on Audiogon


Here's the story:
I'm selling an amp and I get an offer from a non-member to buy it at my asking price. No questions about the amp whatsoever.
While I'm a little suspicious what can I do? So I send him my name and address. Never get a check so send him an e-mail. He has no money and can't buy the amp.
Why would someone offer to buy and want my name and address when they don't intend to? Should I be worried?
cdc

Showing 3 responses by belfran

You SHOULD be worried. If someone just offers to buy at your asking price without asking questions about your amp, then tells you that he has no money, I reckon he is after something else. The problem with Audiogon is they allow non-members to make offers so you have nowhere to trace back to the phony buyers or leave negative feedbacks because they are non-members.
As far as I am concerned, if a buyer makes an offer and the seller accepts his offer, then it is a binding contract. I know in reality a lot of buyers opt out of their offers after they find out the bottom line of the sellers. This is something that Audiogon should enforce to allow sellers to leave negative feedbacks on phony buyers or non-serious buyers so that the sellers are aware of them before they start negotiating the deals.
Dma,
May be it is about time Audiogon changes its rules for leaving feedback.
No, you are wrong in stating that people have the right to change their minds. NOT if a buyer offers and a seller accepts his offer. This is a binding CONTRACT !!!!!!!!!! If a buyer or seller changes his mind after they have formed a contract, then he is in BREACH of the contract.
If you are saying that you can't red flag a non-Audiogon member, then the management of Audiogon should start think of a new system of either not allow non-members to bid or to leave feedbacks on them.
Next time you bid an item, think hard, you could be sued if you opt out, my friend!!!!!!!!!