Posted on 01/04/2012 12:27:14 PM PST by Dogbert41
I was unintelligent and posted an item on Craig's List for an amount that I thought it might move. I get a bite immediately and the guy haggles further to get me to include the shipping. My wife then hears what I've done and looks up on the internet a similar item listed for oh, say, 35 times more.
How obligated am I to go through with the deal? The guy knows the true value of this item, where I did not. Now that I do, is it too late to renegotiate or am I obligated to receive his money and allow him to make thousands of dollars off the deal? Do I just take it as a very expensive learning experience?
I emailed him a link to the place that had it for sale, and I said we needed to talk, but I haven't heard back from him...
Well, I'm glad you're OK with it. Sounds like you were not unhappy with the price in the first place.
I sometimes sell stuff for way below the asking price. I had an out of print CD (an SACD, actually) that was being offered on Amazon for as high as $120. I paid $12.98 for it new. It was a CD I did not particularly care for; so I sold it for $30. I knew my price would jump out from the overpriced crowd and I more than doubled my money. So, I felt fine about it.
Actually, I suspect you know the answer or you wouldn't have bothered to ask us.
It’s craigslist, not ebay.
Ebay is an auction site. Craigslist is more aptly described as classified ads, quite similar to placing a classified ad in your local newspaper.
This is one of those personal moral dilemmas you will just have to decide for yourself. Has money changed hands? Have you shook on the deal? Do you merely have an offer or did you tell the guy, “Sold!”?
At the very least, you are getting a life-lesson out of the deal.
Best of luck & I hope it works out for you.
I only had an answer because I have to ask myself that question pretty frequently.
Good choice! Just ain’t worth it.
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