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  #1  
Old 02-23-2025, 08:02 AM
Brent G. Brent G. is offline
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Man people choose some weird hills to die on here ...
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Collecting Indianapolis-related pre-war and rare regionals, along with other vintage thru '80s

Successful deals with Kingcobb, Harford20, darwinbulldog, iwantitiwinit, helfrich91, kaddyshack, Marckus99, D. Bergin, Commodus the Great, Moonlight Graham, orioles70, adoo1, Nilo, JollyElm, DJCollector1
  #2  
Old 02-23-2025, 10:15 AM
raulus raulus is offline
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I’m guessing that part of the angst is probably driven by a comparison with eBay.

If I post a piece using the BIN function on eBay, and someone clicks the button to buy it, they can reasonably expect that I’m actually going to sell it to them.

If 30 mins later I get a PM from another buyer offering me more, and I cancel the original transaction, then the original buyer probably has a right to get their dander up.

Now, obviously, the BST here is not eBay. But for some buyers, they might feel like similar principles should apply.
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Last edited by raulus; 02-23-2025 at 10:15 AM.
  #3  
Old 02-23-2025, 10:21 AM
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Fred Fred is offline
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Straight forward scenario/question:

Seller has item for sale in BST.

Buyer A makes the offer to pay asking price and agrees to all ship methods, etc.

Seller sends confirmation the item is sold to Buyer A.

A couple hours later, the seller receives correspondence indicating Buyer B is interested and seller tells Buyer B, "sorry, it's sold". Buyer B ups the offer by 20%. Seller decides they'd want more cash and will take the offer.

QUESTION - How would you feel as Buyer A? I read what the lawyers are writing and the word "contract" comes up. Is there really a legally binding contract based on a couple emails?

In my book, the seller's a butthead for backing out for any reason. I wouldn't pursue it further, just avoid the seller. I wouldn't create a post indicating the seller's a butthead, but fact is, the seller is a butthead if they renege on a deal (for just about any reason). Yes, it's the sellers item and prerogative to do whatever they choose, but if you have an agreement, honor it.
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  #4  
Old 02-23-2025, 10:32 AM
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OhioLawyerF5 OhioLawyerF5 is offline
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Quote:
Originally Posted by Fred View Post
Straight forward scenario/question:



Seller has item for sale in BST.



Buyer A makes the offer to pay asking price and agrees to all ship methods, etc.



Seller sends confirmation the item is sold to Buyer A.



A couple hours later, the seller receives correspondence indicating Buyer B is interested and seller tells Buyer B, "sorry, it's sold". Buyer B ups the offer by 20%. Seller decides they'd want more cash and will take the offer.



QUESTION - How would you feel as Buyer A? I read what the lawyers are writing and the word "contract" comes up. Is there really a legally binding contract based on a couple emails?



In my book, the seller's a butthead for backing out for any reason. I wouldn't pursue it further, just avoid the seller. I wouldn't create a post indicating the seller's a butthead, but fact is, the seller is a butthead if they renege on a deal (for just about any reason). Yes, it's the sellers item and prerogative to do whatever they choose, but if you have an agreement, honor it.
Agreement is offer and acceptance. That is a binding contract. A couple emails is more than sufficient evidence that a contract exists. Seller backs out after agreeing to the buyer's offer, it's a breach of that contract. That is different than the scenario in this thread, where the seller never agrees to sell to the buyer.

Last edited by OhioLawyerF5; 02-23-2025 at 10:33 AM.
  #5  
Old 02-23-2025, 10:47 AM
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Mark17 Mark17 is offline
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Quote:
Originally Posted by OhioLawyerF5 View Post
Agreement is offer and acceptance. That is a binding contract. A couple emails is more than sufficient evidence that a contract exists. Seller backs out after agreeing to the buyer's offer, it's a breach of that contract. That is different than the scenario in this thread, where the seller never agrees to sell to the buyer.
Exactly. Offers and discussions can be made, but when the seller agrees to a deal, that's the end of it.
  #6  
Old 02-23-2025, 10:56 AM
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OhioLawyerF5 OhioLawyerF5 is offline
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Quote:
Originally Posted by Mark17 View Post
Exactly. Offers and discussions can be made, but when the seller agrees to a deal, that's the end of it.
Of course, it shouldn't be ignored that damages are potentially minimal, so pursuing the breach is often worthless, but it's still breach. And I would argue THAT is a breach of eitquette. Unlike this thread, where the breach of etiquette in my opinion is whining about not getting the card, not the seller selling to who they choose.
  #7  
Old 02-23-2025, 11:18 AM
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Phil has been quiet.
  #8  
Old 02-23-2025, 12:02 PM
Brent G. Brent G. is offline
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Quote:
Originally Posted by maniac_73 View Post
Phil has been quiet.
Indeed.
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Collecting Indianapolis-related pre-war and rare regionals, along with other vintage thru '80s

Successful deals with Kingcobb, Harford20, darwinbulldog, iwantitiwinit, helfrich91, kaddyshack, Marckus99, D. Bergin, Commodus the Great, Moonlight Graham, orioles70, adoo1, Nilo, JollyElm, DJCollector1
  #9  
Old 02-23-2025, 03:21 PM
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bnorth bnorth is offline
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Quote:
Originally Posted by Fred View Post
Straight forward scenario/question:

Seller has item for sale in BST.

Buyer A makes the offer to pay asking price and agrees to all ship methods, etc.

Seller sends confirmation the item is sold to Buyer A.

A couple hours later, the seller receives correspondence indicating Buyer B is interested and seller tells Buyer B, "sorry, it's sold". Buyer B ups the offer by 20%. Seller decides they'd want more cash and will take the offer.

QUESTION - How would you feel as Buyer A? I read what the lawyers are writing and the word "contract" comes up. Is there really a legally binding contract based on a couple emails?

In my book, the seller's a butthead for backing out for any reason. I wouldn't pursue it further, just avoid the seller. I wouldn't create a post indicating the seller's a butthead, but fact is, the seller is a butthead if they renege on a deal (for just about any reason). Yes, it's the sellers item and prerogative to do whatever they choose, but if you have an agreement, honor it.
I have had this happen as a seller multiple times and buyer A got the card they paid for. I don't remember even having it happen to me as a buyer and I have never offered someone more to sell me a card they had already sold.
  #10  
Old 02-23-2025, 04:44 PM
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jingram058 jingram058 is offline
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Quote:
Originally Posted by Fred View Post
Straight forward scenario/question:

Seller has item for sale in BST.

Buyer A makes the offer to pay asking price and agrees to all ship methods, etc.

Seller sends confirmation the item is sold to Buyer A.

A couple hours later, the seller receives correspondence indicating Buyer B is interested and seller tells Buyer B, "sorry, it's sold". Buyer B ups the offer by 20%. Seller decides they'd want more cash and will take the offer.

QUESTION - How would you feel as Buyer A? I read what the lawyers are writing and the word "contract" comes up. Is there really a legally binding contract based on a couple emails?

In my book, the seller's a butthead for backing out for any reason. I wouldn't pursue it further, just avoid the seller. I wouldn't create a post indicating the seller's a butthead, but fact is, the seller is a butthead if they renege on a deal (for just about any reason). Yes, it's the sellers item and prerogative to do whatever they choose, but if you have an agreement, honor it.
If a seller did that, then that can eat fecal matter and die as far as I am concerned.

However, none of the deals I personally have been involved in here on net54 have been anywhere like that.
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  #11  
Old 02-23-2025, 05:08 PM
G1911 G1911 is offline
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Quote:
Originally Posted by jingram058 View Post
If a seller did that, then that can eat fecal matter and die as far as I am concerned.

However, none of the deals I personally have been involved in here on net54 have been anywhere like that.
Death seems a bit severe for taking a higher offer
  #12  
Old 02-23-2025, 05:13 PM
BRoberts BRoberts is offline
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Quote:
Originally Posted by G1911 View Post
Death seems a bit severe for taking a higher offer
Penalty of death applies only to a seller of a slabbed card.
  #13  
Old 02-23-2025, 05:15 PM
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Mark17 Mark17 is offline
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Quote:
Originally Posted by G1911 View Post
Death seems a bit severe for taking a higher offer
Mr. Monk would say eating fecal matter would be worse...
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  #14  
Old 02-23-2025, 05:29 PM
G1911 G1911 is offline
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Quote:
Originally Posted by Mark17 View Post
Mr. Monk would say eating fecal matter would be worse...
Perhaps this can be the next contentious thread, debating whether being forced to eat shit or being killed is the appropriate punishment for taking a higher offer after a lower one was accepted, and which is worse to suffer. OP’s take seems entirely reasonable now that the bar of comparison has been lowered to this.
  #15  
Old 02-23-2025, 05:36 PM
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Peter_Spaeth Peter_Spaeth is online now
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Quote:
Originally Posted by G1911 View Post
Perhaps this can be the next contentious thread, debating whether being forced to eat shit or being killed is the appropriate punishment for taking a higher offer after a lower one was accepted, and which is worse to suffer. OP’s take seems entirely reasonable now that the bar of comparison has been lowered to this.
The expression contemplates both, sequentially.
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  #16  
Old 02-23-2025, 05:31 PM
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JollyElm JollyElm is offline
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Quote:
Originally Posted by Mark17 View Post
Mr. Monk would say eating fecal matter would be worse...
You're my new favorite person! Absolutely love Monk!!
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