Rule questions

[Flectric]

So if first buyer agrees to a price, is it against forum rules to sell to another person who offers more? Without money exchanging or beginning to exchange.
Are there penalties to back out of a deal?

 

[mqqn]

No rule against it, but if you agreed to a transaction with one person, it is not ethical (in my opinion) to back out of the deal.


best

mqqn

 

[vwb563]

A verbal agreement is still a binding agreement. Not as good as a paper signed agreement, but still is binding even in a court of law.

 

[rkmoore]

I think your reputation as a valued member on this forum is or at least should be more important to you than the monetary gain to be had in this one transaction.
JMHO.

 

[RevDevil]

Sellers reserve the right to sell to whomever they choose. As long as you communicate yourself clearly with buyers there should be no issues.

 

[bdmicarta]

A verbal agreement is still a binding agreement. Not as good as a paper signed agreement, but still is binding even in a court of law.

And if posted on the forum you have a LOT of witnesses.

 

[not2sharp]

Your most vaulable commodity is your credibility.

Also, Section (3) paragraph 1.9 reads in part:
"All items offered for sale must be priced."

If you are going to accept a higher offer then you may be converting your listing effectively into an auction.

n2s