Can a buyer back out with no penalty?


Hi members,

Last week I got an offer for a preamp on Audiogon which I am selling. The buyer offer cash local pickup and he required an audition before taking the preamp. It seems fair to me so I accepted his offer.

Yesterday he came to my house with another guy. They spent almost an hour to play through my system. Then finally they said they don't want to buy it with the reason "I don't like the sound". I tried to explain to him that after the buyers' offer is accepted that is a commitment to buy. Unless the product was not as described in the ads, he has to take it. They just left without saying anything.

My question is: what do we do with that kind of buyer, how to deal with this situation correctly?

Thanks,

Calvin

dangcaonguyen

Showing 1 response by jbrrp1

Two times over the years I've done this for a local audio nut, and both times it turned into clear "tire kicking", treating my house like it is an audio salon.  I will only do cash pick up for convenience, but not offer an audition.  Whether it is local or distant, we all take a chance to try out different used gear in our systems to find the right matches.  Someone seeking a "audition/approval" because of the local advantage is just a big red flag to me now.