Z4 E86 Stormforce Cover

Out of interest and for future reference what would happen if a 3rd person came along and offered more than the asking price after the 1st and 2nd person’s offers?
 
MikeyH said:
Out of interest and for future reference what would happen if a 3rd person came along and offered more than the asking price after the 1st and 2nd person’s offers?

Let’s find out!

£121 offered :P
 
SonnyA85 said:
Ed Doe said:
It literally says in the rules for this subforum

https://z4-forum.com/forum/viewtopic.php?t=32644

"The first unconditional offer of the asking price secures the sale"

Seems pretty black and white to me?

Exactly what I said

Felipe should get it

Things must be quiet around here. Here's my take:
I made the first offer for less. A second offer was made, I reconsidered, and raised my price to the asking price.

The thing is, technically, I should be the one who 'wins' the purchase, as I was first and with the asking price. Yes, I have edited it, but the seller hasn't been on the site, and to him/her, I am the first to offer the asking price.

I'm not hiding anything. I think to be able to reconsider should be allowed provided no prior conversations have been made. It's like standing in a queue and discussing what you will pay for an item, and after hearing the guy behind you say they will offer more, you react accordingly to secure the deal.

I will wait for 'Lance' to respond and leave it to him. Ultimately it is his choice.

I must add though, I really need this cover. It's not a whimsical purchase.
 
MikeyH said:
Out of interest and for future reference what would happen if a 3rd person came along and offered more than the asking price after the 1st and 2nd person’s offers?

The rules are pretty clear. If you offered more it still goes to Felipe.

A similar scenario happened to me a week or two ago where someone offered to buy something but wanted it delivered and I offered to buy at asking too but could collect as it was a short drive away and said to the seller in case you don't want the hassle or potential of damage posting the items. But the rules state he must sell to the first who offers asking.
 
Z4C_er said:
SonnyA85 said:
Ed Doe said:
It literally says in the rules for this subforum

https://z4-forum.com/forum/viewtopic.php?t=32644

"The first unconditional offer of the asking price secures the sale"

Seems pretty black and white to me?

Exactly what I said

Felipe should get it

Things must be quiet around here. Here's my take:
I made the first offer for less. A second offer was made, I reconsidered, and raised my price to the asking price.

The thing is, technically, I should be the one who 'wins' the purchase, as I was first and with the asking price. Yes, I have edited it, but the seller hasn't been on the site, and to him/her, I am the first to offer the asking price.

I'm not hiding anything. I think to be able to reconsider should be allowed provided no prior conversations have been made. It's like standing in a queue and discussing what you will pay for an item, and after hearing the guy behind you say they will offer more, you react accordingly to secure the deal.

I will wait for 'Lance' to respond and leave it to him. Ultimately it is his choice.

I must add though, I really need this cover. It's not a whimsical purchase.

I'm sorry but that's completely wrong. It's not his choice either the rules are pretty clear.

You offered a price below asking.

Felipe offered asking price - so he's the first to offer asking price.

You then saw Felipe's offer and decided to change your original offer to match his at asking price. That means you now are the second person to offer asking price. Felipe is first to offer asking and you are second as you edited your offer after Felipe's offer.

The fact you made your original lower offer first has no bearing what so ever on who was the first to offer asking price. Neither does the fact you need this item. I'm sure Felipe also needs this item too and it isn't a whimsical purchase either but tbh that doesn't matter the rules are clear, it has to go to Felipe regardless of if you need it or not. I found it laughable when someone suggested you get it brand new for asking and then sell it on second hand to Felipe for the price you originally offered. That sounds like an absolutely fantastic deal :rofl:
 
Z4C_er said:
The thing is, technically, I should be the one who 'wins' the purchase, as I was first and with the asking price. Yes, I have edited it, but the seller hasn't been on the site, and to him/her, I am the first to offer the asking price.

You weren’t first with the asking price, you were first to make an offer and that offer was not for the full price.
A member then agreed to buy the item at the OP's asking price.

Tbh, if you needed the cover that badly you should have offered full price straight away and avoided this exact scenario.
 
Another take on this is that it took two weeks for the first person to make an offer.
If he had not made this offer it would not have 'bumped' the ad back up to the top of the list and there's a fair chance Felipe would not have seen it. :poke:

In all honesty I think the best scenario is if the OP has already sold it elsewhere so there is no need for any more discussion or lingering resentment.
 
enuff_zed said:
Another take on this is that it took two weeks for the first person to make an offer.
If he had not made this offer it would not have 'bumped' the ad back up to the top of the list and there's a fair chance Felipe would not have seen it. :poke:

In all honesty I think the best scenario is if the OP has already sold it elsewhere so there is no need for any more discussion or lingering resentment.
Yes agree :thumbsup:
 
MikeyH said:
Out of interest and for future reference what would happen if a 3rd person came along and offered more than the asking price after the 1st and 2nd person’s offers?

Again, read the faq... This scenario is clear also regards gazumping.
 
An example:

If this was on eBay as buy it now or best offer, the first offer below asking price would be sent to the seller for review.

Whist the offer is under consideration, the item is not ‘off the market’ so during that period before an offer is accepted, anyone can purchase the item at asking price.

Once asking price is offered, it secures the item and takes it off the market. The initial offer is thus refused, as there is no item left to sell.

I know gazumping is not allowed, however, if one was selling a house, and buyer one submits an offer below asking, and buyer two offers at asking, buyer two can proceed with the purchase. If buyer one then raised the bid to match asking price, this gives the seller no motive to alter the deal. So, buyer one would have to offer considerably more, to motivate the seller. This is a gazump.

In any case, I think the rules are clear and matching asking price after the sale is secured would not work in any scenario.
Unless buyer two defers to buyer one.
 
I've bought one somewhere else.

The more I think about it, the more I feel I was OK with what I did. 'Lance' had not seen my prior offer, so it doesn't count. I upped the offer to match his price, but the fact remains, I was first in the queue.

As of a couple of minutes ago (before I left this shower) I was first in line with the asking price. The ticket window/shop door had not opened yet.

.........And, I think it should have been left to the discretion of Lance. After all, if he didn't do what you ordered, what would you do? Fine him?
 
Is there anything in the rules that enables a seller to refuse to sell to a specific buyer?

Nothing to do with this thread at all, or either of the potential buyers. I’m just genuinely interested as I feel there should be an option to not sell something to someone specific if you have a strong reason not to.
 
Z4C_er said:
I've bought one somewhere else.
Probably best, as at this rate you'll driving a levitating EV before the OP checks the thread! :thumbsup:
 
Z4C_er said:
........And, I think it should have been left to the discretion of Lance. After all, if he didn't do what you ordered, what would you do? Fine him?

Of course the seller can do whatever he wants in reality. The ONLY thing the site admin can do is ban someone if they want to.

I look at the 'rules' as more guidelines. They are there to try to prevent disputes and upset members, that is all.
It's worth remembering , though, that the site provides a platform for people to buy and sell stuff for free with no fees whatsoever to a target market, so abiding by the 'rules' is maybe the least we should all do IMHO. :)
 
True-Blue said:
Is there anything in the rules that enables a seller to refuse to sell to a specific buyer?

Nothing to do with this thread at all, or either of the potential buyers. I’m just genuinely interested as I feel there should be an option to not sell something to someone specific if you have a strong reason not to.

No the rules are quite clear.

The first offer of asking secures the sale. If you were to then back out and sell to someone else that would be considered not abiding by the rules.

So if you put something up for sale and someone offers what you asked for the rules state that the sale has been secured. I don't see how anyone could see it any other way.
 
Just out of interest I went and had a look at the process for adding a 'foe'. This implies that you will not be notified of any posts from them.
So then, if you put up a sale advert and a 'foe' responded you wouldn't know. Wonder where you'd stand on that one?

PS. Hope you can see this post? :roll:
 
I do hope enuff_zed posts on this thread. Come to think of it I haven't seen anything from him in ages! :o
 
enuff_zed said:
Just out of interest I went and had a look at the process for adding a 'foe'. This implies that you will not be notified of any posts from them.
So then, if you put up a sale advert and a 'foe' responded you wouldn't know. Wonder where you'd stand on that one?

PS. Hope you can see this post? :roll:

:hattip:
 
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