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Not Selling - Did I make a mistake?

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Buckeye

10-10-2004 18:50:34

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I'm wondering if I did the right thing. I had an implement for sale in the photo ads and a fellow asked for my phone number. I e-mailed it to him and he said he couldn't get through. The reason he couldn't is becuase our phone service will not let people call without being identified(caller ID). He finally quit blocking his number and called to discuss the deal. I told him I preferred cash, but said he didn't want to carry cash($750) and told me he was going to bring a bank check, even though I didn't agree to it. He said he wouldn't send a down payment because he was afraid it wouldn't get to me before he came to pick it up(10 days). He said he would give me a phone number for his voice mail and did after trying to remember it. Why not his home number? Two days before he was to come, I e-mailed him again and expressed that if he couldn't bring cash, I would like to have a Postal Money Order. He would have a record of it and I would have a legitimate money order that I trusted. His wife called about 6:15 Thursday evening and said she was going to the bank to get a bank check. Do banks stay open to 7:00 p.m. in most states? They don't in my area. She said she wouldn't be able to get to the Post Office before Saturday. She also said she couldn't take $750 to the post office. She said I could verify the bank check was legitimate. I thought that sounded fair, so I asked her to tell me or e-mail the banks phone number. She said she didn't have time to do it before leaving Saturday. I said that I didn't want to sell it if we couldn't agree to payment. The fellow sent me note saying that I had inconvineced them and that he had spent tens-of-thousands of dollars on bank checks buying cars, combines, etc. I thought a lot of red flags had popped up since the beginning of the deal. Do you folks think I did the right thing by not selling it? I already have a U.S. bank check I use for a book mark that was sent to me by one of those overseas scammers for twice the selling price of a tractor I had for sale a few years ago. Glad I read some of the info. you folks have left on this board on scams so I didn't fall for it, but his deal is different. What do you think?

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jakej

10-12-2004 09:18:19

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Afraid to carry $750 he must live on the S side of Chicago or Detroit. If he got it home it would be stolen in 20 minutes anyhow.

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Indydirtfarmer

10-11-2004 09:38:09

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Some people think the terms of a sale are as negotiable as the price. It belongs to you, untill it's paid for....Don't let anyone dictate to you, what you have to do for them.

I buy and re-sell HUNDREDS of impliments a year. I get people all the time, that agree with my terms, then drive here with some OTHER form of payment. I send 'em off to the bank. (See if YOU can cash that bogus check, buddy!) My profit margin is kinda thin on some things. If I loose ONE piece a year to a bad check, it destroys months of hard work sometimes.

I insist on personal checks being sent 2 weeks in advance, from anyone I don't know. That way, they have time to clear before the impliment leaves the yard. If the buyer doesn't agree with those terms, he's free to go elsewhere.

NO CASHIERS CHECKS....period..End of discussion.

Cash is preferred. Money orders same as personal checks. Trade-ins require photo of "seller", copy of valid drivers license, and signed recipt. (I've had 2 people trade in STOLEN equipment...More common than you might think. Sorta like money laundering)

Business is business...I'm not obsessed with money, but I don't like giving it away. JMHO. John

p.s. You did no wrong. If the wanna-be buyer was trying to lay a guilt trip on you, don't let him. He had all the chances in the world to comply with your terms....He chose not to. It was HIS problem, not yours. John

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Buckeye

10-11-2004 09:20:57

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Re: Thanks to all for your comments in reply to Buckeye, 10-10-2004 18:50:34

Thanks to all of you fine folks for expressing your opinions. They make me feel a lot better! The folks on the buying end of the deal made me feel bad(e-mailed me) even though I had expressed how sorry I was to them for not being able to accept their bank check. Thanks again! Buckeye

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RAB

10-11-2004 08:55:48

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

You can"t be too careful these days. I recently bought an aux tranny for my HG from Jim Brown. He was sooo worried that I would not complete (as I am from the UK). Bottom line is that my word is my bond, and he got his money and now my bits are on their way - should get here by Christmas if I am lucky.
Apparently other buyers were trying to get my stuff by slating an overseas sale. Glad Jim had the confidence to wait for my money. I am now, of course, trusting that Jim is also an honest guy and keeps his side of the bargain, as I am sure he will - or I wouldn"t have sent him my hard earned cash!
All a deal needs is trust on both sides and it is a shame it"s not always there. You were right to be suspicious of this deal. We had machinery scam internal to the UK, where someone in the nick was buying machinery, having it collected and never having any intention of paying.
Regards, RAB
Regards, RAB

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paul

10-11-2004 04:00:26

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Sell on you terms - you did fine.

I suspect it is hard for folks to keep up with the internet world where you can't trust anyone.

I come from a smaller town where a check is good for anything. Go to an auction & forget the checkbook, and you can take the item home anyhow, mail the check later. Banks are open until 8:00pm one night a week so people on shifts have a chance to do their banking (happens to be Monday in my town, it's Thursday in the neigboring town I believe....) Go to a big city (perhaps where the wife works?) 45 minutes away & the bank has a branch in Cub Foods - open until 7:00 or 9:00 every day, some hours on Sunday too - full banking there. I can draw $200 a day out of the ATM, so could raise cash that way, but might not get $750 by the deadline..... Around here when people ask for cash, they mean a check....

So, there is a good chance your buyer was on the up & up, & just is confused by your changing rules and lack of trust, and a bit put off that you don't trust him at all....

But, your sale, your rules, so you did fine. We live in a cold heartless world these days, everyone needs to adjust. Technology has made it too easy to fake documents of any kind.

--->Paul

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Mark - IN.

10-10-2004 22:20:56

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Buckeye, it"s your piece of equipment, and you set the rules on it"s purchase. End of story.

And not that it matters, some banks (drive up windows, not lobbies) are open until 7PM on Fridays. I"m not positive, but I think that the drive up for Harris Bank in Joliet may be open until 8PM on Fridays. And get this, some banks around the Chicago area have open drive ups on Sundays - Harris Bank in Romeoville was when I owned a home there. Not that it matters though, because I now live back home in rural Indiana where life is simpler, and if I don"t get my hair cut by noon on Saturday, I"m screwed and it"s my own fault. LOL.

Sell your stuff on your own comfortable terms, and if they don"t like it, tell them that it"s a big world and that you"re pretty sure that at least two were made, go fish.

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Lance in Texas

10-10-2004 21:20:11

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Those folks sound BACKWARDS!!!

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Tim in NB

10-10-2004 20:28:15

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Why would someone not want to carry 750.00 dollars? that isn't that much. I could see if it was 7500.00 dollars maybe. Last tractor I bought, I carried 2000.00 cash. Probably good thing you didn't sell!

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Dave Smith

10-10-2004 20:19:50

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

Bottom line is; you can still sell an implement that's in your possession. If the buyer truly wanted to buy, a wire transfer of funds from his bank would have set the stage for 'good faith'. He may also have just wanted to buy time to shop out a similar purchase and was just 'hedging' his bet on buying yours. ... You did the right thing.

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just 580's

10-10-2004 20:03:28

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

You are probably right. I�m a stickler for verifiable contact information. If a person is legitimate they will give you and expect to get your; name, telephone number, address and e-mail address. I�m skeptical of people who won�t give me this information and often times other flags will go up, as has happened in your case. It doesn�t take but a flag or two before I start putting on the brakes. If they are serious they will deal in an up-front manor and if they aren�t and you lose the sale just keep in mind you only lost the sale but still have the item. You�re not out anything but a bit of frustration.

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Leland

10-10-2004 19:22:26

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

I belive he thought you were a sucker.

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Leland

10-10-2004 19:22:21

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

I belive he thought you were a sucker.

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john in la

10-10-2004 19:05:44

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

You did the right thing.

If you are the seller you make the rules. Just like a business makes rules the shopper must go by.

Look at this way. You go to a shop and they say we take cash and visa only.
You got a check and a master card. Whats the shop going to do ????
A) tell you to hit the road.
B) take your master card as payment even though the can not get their money out of master card.

If the buyer does not like the rules the seller has he can always buy from some one else.

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nebraska kirk

10-10-2004 19:01:35

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Re: Not Selling - Did I make a mistake? in reply to Buckeye, 10-10-2004 18:50:34

I think that you did the right thing by not selling. You stipulated that you would only accept cash or a postal money order, if the buyer will not agree with that, then you have the right to refuse to sell to him.

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john_bud

10-10-2004 19:26:08

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Re: Not Selling - Did I make a mistake? in reply to nebraska kirk, 10-10-2004 19:01:35

It may have been legit, but it sure sounds fishy. I heard on Clarke Howard's radio show that the latest scam is to use a really good home color laser copier and make your own bank money orders. They look perfect and are fooling sellers that historically refused personal checks.

Yipes! Ain't technology great?
John Bud

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harley1983

10-10-2004 22:03:40

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Re: Not Selling - Did I make a mistake? in reply to john_bud, 10-10-2004 19:26:08

You did exactly right. I buy and sell on this site, today in fact, on ebay, and at auctions, and good ole American greenbacks and in a pinch, Because of the slow mules they use in my part of the country for mail service, a postal money order. But most of the time, as soon as I make a purchase, and I have over 200 positive feedbacks on ebay, I grab the missus, the sack with the money, and we go for a road trip. Never had a problem yet. Yeh, technology is great, and on another topic, I talked to my son through email in real time tonight and he is in Baghdad. This is just about too much for this old man to comprehend. My dad in WW11 it took weeks to get mail, me in the Nam it took a week or so, and now it takes long enough to hit the send key. Almost tooooo fast. Later, Harley

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txblu

10-11-2004 05:37:04

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Re: Not Selling - Did I make a mistake? in reply to harley1983, 10-10-2004 22:03:40

You laugh! When overseas, my wife and I would correspond via the FPO, APO or whatever the military postal service was.

We were always out of sync. If she was happy, I was having a problem and vice versa. After awhile, it seemed better to not write at all.....at least you didn't get misunderstood..... or did you....for not writing.

Oh well.

Glad you can communicate in real time (almost).

Mark

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Mark - IN.

10-10-2004 22:33:41

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Re: Not Selling - Did I make a mistake? in reply to harley1983, 10-10-2004 22:03:40

Harley, glad to hear the Email's workin. I know of several troops there. Tomorrow mornin will see a trooper that just got back after flying Chinooks there for 18 months. Missed him on Friday, won't miss him tomorrow. Best advice I can give you to pass onto your son, just don't get too complacent or comfortable and let the guard down over there - what I mean is that hear lots of stories that for the most part, our troops are liked, but there still are some very bad people over there (coming directly from troops over there).

And one last thing Harley, thank your son for us all, and I mean that sincerely. Very sincerely. And one more last thing Harley, let us know from time to time how your son's doin, and what he has to say. I'd rather hear it from him than the media, if you wouldn't mind. May God always bless and protect him.

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