Buying and Selling of feedback


Today I saw the second auction where the seller states something to this effect "if you don't come through with payment on a winning bid, you can give me $xx (or a percentage of the bid) and back out without negative feedback posted. otherwise, negative feedback will be posted.

This seems like extortion to me. Also, aren't the rest of us entitled to know about a deadbeat bidder (via negative feedback)? The posting of negative feedback is the correct recourse for a deadbeat bidder - not a bribe or "fine".

I think this behavior undermines the feedback process. What do the rest of you think?

Just curious.
dozer

Showing 1 response by onhwy61

I pay no attention to feedback. I find it totally unenlightening. Then again I won't buy any expensive items without actually meeting the seller. I once drove from Chicago to eastern Tennessee to buy a $3,000 amp. For me the time and effort were well worth the piece of mind from knowing that the transaction would go smoothly and to my liking.