Quote:
Originally Posted by ASF123
This is an interesting thread. For those arguing that the original buyer was “taking advantage” of the seller - how far does that argument go? Does a buyer have an affirmative duty to contact a seller and say “Hey, your price on this is way low - let me give you 2x” or whatever?
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I think it all depends on the mistake's nature.
For example, if a seller made an obvious patent or typographical error (e.g. forgetting to add an extra zero to the price - $100.00, but meant to type $1,000.00) when listing the item, I think a buyer should show mercy.
However, as a buyer, it is not my job to price another man's merchandise. It is also not my job to do your homework. This is 2021. Information is readily available at everyone's finger tips. There are internet searches, price guides, prior sales data, etc. So, if you underpriced an item that is on you.