QUOTE(Cairo94507 @ Oct 17 2017, 07:56 AM)
Everyone has an opinion....so I think when someone agrees to buy the part and says they will take it, it is sold pending payment. The buyer then has a reasonable time to perform, pay the money to the seller. If that's a day or two so be it, but ultimately up to the seller to set that time line.
If that buyer does not pay in that reasonable time frame, then the seller has the option to move on to the next buyer and put the deal together. The classifieds are not a "lay away" plan where the seller needs to sit on parts because someone may pay him a month from now, unless the seller is fine with that.
This full rear valance was an excellent buy at that price. Had I seen it I would have bought it just to have it converted to a Six valance.
I'm not a Contracts lawyer but my son is.
My understanding is that when an agreement is made to purchase that is when the contract starts. Should the original seller decide not to sell in lieu of the original price the buyer has a few recourses:
Pay more, cancel the contract or don't buy it or civil action for breech.
This is why verbal contracts are dicy sometimes.
On they contrary to the above.....there exists a possibility that the price was being bid up artificially. That would "frost" me too.
It.s the internet right?
As far as when the item is sold: It is when the transaction takes place.
So contract first......then transaction.