Fair to change ad from sale to auction?


I am asking for input to know whether an ad placed in the for sale section at a too low offering price, which gets a dozen rapid offers to buy, could be changed to an auction, to best allow the interested parties to resolve the issue of whom to let have it?
Why is the first responder the one you HAVE to sell something to?
And if indeed you get a large number of offers to buy, why not make it an auction?
I know the 'standard' here IS to have to sell to the first request to buy that fulfills the sellers conditions, but why? If I LIKE someone elses offer, and their style, why am I 'supposed' to sell it to someone I get the impression of as a jerk?
Not trying to stir up trouble, just wondering...
elizabeth
I was on the buyer-end of a similar situation. Not that I think I was being a jerk, or would ever be a jerk, but I was the first to respond to a nicely priced item. It was the seller who actually turned out to be a real jerk. After he had committed to sell the speakers to me at a price I'd estimate around 25% under market value, and AFTER I'd sent him a money order, he decided from the amount of responses/offers he'd received that he should be able to raise the price. No, I did not appreciate it one bit, but I could understand he was frustrated at having not researched the item carefully. To be fair to him I agreed to a fair market value price but certainly was not going to agree to taking part in an (informal) auction. After bending over backwards to comply to his terms and get the additional money to him quickly, he took over ten days after receiving the funds to ship the item, packed it poorly, treated me as if I were putting him out, did not follow up on correspondence, and generally acted without conscience or integrity. The speakers arrived poorly packed and damaged, UPS refused to pay as did the seller. He was kicked off of Audiogon as the result of a conflict dispute which I filed.

My opinion is that if you advertise to sell something at a specific price, and not post it as an auction, then you should stick by your offer. If you've found you made a mistake AND you have already agreed to sell it to someone, I think the fair thing to do was to honestly lay it all out to the buyer you made the agreement with and see if he/she is willing to come to a different arrangement. Obviously whether you sell or not is entirely up to you, but I believe there are a set of ethics that most sites request you abide by and I think this kind of situation puts those to task. Whether or not the buyer is a jerk should not be an issue, unless they are somehow breaching those same ethics. As far as who was first, again, ultimately it is entirely up to you as only you know who's email was first (you can always confirm this by looking up the item under "MyPage" under which each item lists the email's that have passed through the system for that item in the order it was sent). If you made an agreement to sell, or implied that one buyer was first in line (I think anyone would assume that they had priority given that admission), I would not go back against that understanding, and try to resolve it as best you could.

Lugnut offers good advice. Put yourself in the other's position and do the right thing (...Do unto others...).

Good luck Elizabeth.

Marco
If your asking price was meet in full w/no conditions then I would say you should sell the item. If multiple offers were received at full price/no conditions then I would say you could choose which party you wish to do business with depending on the factors you deem important. I agree w/ Lugnut and do the "right thing." It will all come to you next time around.
Missed being able to edit my post, but I wanted to add this: If you applied the same situation to purchasing a set of speakers at a store...Say you had your heart set on a pair of used Soliloquy 6.5's and the local retailer had a set that just came in on trade. You run over there with Visa in hand and they tell you, yes, we have this one chery pair and you are the first here. This is your lucky day as they are only $2500.00!! Well all of a sudden two more savvy shoppers overhear that price and turn around and declare they'd like to buy them too! Though the Internet may work in a different way and can disguise those details, it is essentially what I think you are describing. So who get's the 6.5's? And how do you feel if the salesperson decides to sell them to another of the shoppers simply because he didn't like your attitude? Or realized they could get more so raised the price to $3500?! Ultimately it is up to you, but I think I've made my point (probably oversated it, as usual).

Marco
I think if you state OBO in your add you have the right to take the highest bidder. This includes informing the potential buyers, waiting a day or so and see what happens. However, if you make a deal with someone you MUST stick by your word and as mentioned, "do the right thing."
No, you cannot change you mind. To change the deal would be dishonorable, despicable, and worthy of contempt. You must decide before you post whether it will be a classified ad or an auction. Certainly, you have the right to sell your property to whomever you wish, but if you violate the Audiogon rules, you should justifiably be banned from this venue.