Safe audiogon transactions; lowering the bar.


It appears to me that a large number of people send bank
checks / money orders to pay for used equipment sight
unseen. Most private sellers insist upon this form of
payment. The culture appears to require buyers to take
significant risk in order to benefit from lower prices.

Although this is not surprising in itself, it seems to me
that Audiogon could preserve the long term health of this
website, and its priviledges with more proactive policies.

e.g. providing guidelines on how to conduct a proper
transaction; a list of important questions to ask,
what the seller / buyer should have in writing before
a transaction should proceed, and perhaps provide a
summary of the most common problems which develop between
sellers and buyers.

There are nagging questions: Who owns the equipment once
it has been shipped? Who should be insured?

Perhaps some experienced sellers and buyers would share
their own approach to transactions on this site and how
they get people to put their best foot forward despite
themselves.
hindemith

Showing 1 response by justlisten

Interesting info so far, I would like to point out especially in the comments made by Ultrakaz, that there are reasons why I would require payment up front. I tend to underprice much of the things I sell here for various reasons:

1. to sell it fast
2. to reduce hassles in the sale
3. to get funds fast
4. to not lose a sale to someone else who may list the same thing the next day at a lower price
I would not underprice my gear if I was required to wait for funds and just recd a deposit
to blanket and say never buy unless only a deposit is made is not a guideline I would sell here on. I have 72 poisitive deals here and 0 bad or neutral ones, I took each one on an individual case. When a deal smelled bad I walked a few times. It appears you have no feedback here on Agon, however, as someone who is active in Forums w/no feedback, I would take the plunge in most cases. \