Caution when dealing with tuffstuff07

You're probably correct on that Bud.

Anyway, too many great sellers here on AZ. If you have your heart set on a Schon, just put a feeler Thread out and see what you reel in. There are a few sellers on AZ that can hook you up with just about anything if they know what you're looking for and in what price range.

No sense in dealing with dead beat cheaters when there are other alternatives.

I have an almost identical Schon that I am refinishing right now. (Early 90's) I promised
one guy that he will have first dibs if he likes it and after that, its up for grabs.
 
If you agreed to sell the cue to him then you agreed to sell the cue to him. There is no mistaken a post that says deal pending. Admit that you made a deal and then backed out of it for more money and you can save some face here. Otherwise it just looks like you're weaseling your way out what was your mistake not his.

"Money in hand" isn't the sticking point here. It's the fact that you agreed to a deal. You posted "deal pending". You gave your word to sell the cue. Is your word worth nothing unless there is money in your hand?

Excellent point and right to the crux of the matter. Your word is your bond. Once you agreed to the deal, it's a done deed.
 
bad business

however you look at it. if you make a deal and then back out without it being a mutual decision then it is a bad move. I am buying a cue from someone who is even holding on to it until I sell my joss just because he is a man of his word. If you don't have your word you have nothing, everything can be taken from you at the drop of a dime but only you can keep your word, OR NOT!!! And now with everyone seeing this maybe they will think your word is not really your word either.. Just saying....
 
Not worth the aggravation over that little bit of money. If someone offers you x-amount and you accept then the deal is done or should be with rare exceptions.

And to me one of those exceptions would be selling a $1500 cue for $400 because I misidentified it. No way would I complete that deal and you all could burn me at the stake for it. Sorry but I don't see why I should let someone profit like that from an honest mistake. I would apologize profusely to the buyer and ask them for a fair price.

After all no buyer is going to step up and offer me another 700 on top of the 400 I was asking for just because they know it's worth that. I am NOT saying that a buyer has any moral obligation to disclose that the price they have been offered is far below market value. But just as a buyer can back out of a sale for whatever reason so can a seller.

Imagine the reverse. A buyer agrees to purchase a cue for $1500 and then finds out it's only worth $400 - is he honor bound to still buy the cue?

Sometimes when I get a lower offer than my asking price I will tell the person making the offer that I will hold out for a better offer for a day and if none comes in then the case is theirs. But if I accept their price and a better offer comes in 2 min later then I just have to bite the bullet and honor the first deal. That's how the game is played and if you aren't the kind of person who can call a foul on yourself then maybe you shouldn't be in the game.

OTH $350 for any Schon is stealing. Snap it off! Man I wish I had my first Schon back.
 
Actually folks, deal "pending" is just that. Pending is not FINAL. Sold means final. Pending means transaction not complete.

Although here it sounds as if the deal was pretty much done. I agree with whoever said that a public message saying "I will take it per our PMs" establishes a time stamp and a record.
 
Actually folks, deal "pending" is just that. Pending is not FINAL. Sold means final. Pending means transaction not complete.

Although here it sounds as if the deal was pretty much done. I agree with whoever said that a public message saying "I will take it per our PMs" establishes a time stamp and a record.

Exactly! If a deal is pending then pay the man and be done! Everyone fought over this cue, I gave 20 bucks more and took home the cue I was after. Of course after the cue was back on the market after the fight! My dealing with tuffstuff07 was nothing but good! Thanks again...:dance:
 
I think the confusion is that different people think different ways. For me, if I say you've got a deal, then you have a deal. If I say, I own it, then I own it. I try not to say either thing until all the details are out of the way.

Some people consider money their bond.

Some people consider their word their bond.

Some people think a deal is a deal when the cash is passed.

Some people think a deal is a deal when the words "its a deal" are uttered.

Different strokes for different folks.

Me? I'm real into that "my word is my bond" thing, but I do realize that expecting everyone in the world to operate by my rules to be the boob's game. I, of course, just try to gravitate towards people that do operate the same way I do.

Thanks

Kevin
 
Actually folks, deal "pending" is just that. Pending is not FINAL. Sold means final. Pending means transaction not complete.

Although here it sounds as if the deal was pretty much done. I agree with whoever said that a public message saying "I will take it per our PMs" establishes a time stamp and a record.


IMO Pending means a price was agreed upon but the money hasn't changed hands.
 
After all no buyer is going to step up and offer me another 700 on top of the 400 I was asking for just because they know it's worth that. I am NOT saying that a buyer has any moral obligation to disclose that the price they have been offered is far below market value. But just as a buyer can back out of a sale for whatever reason so can a seller.

Imagine the reverse. A buyer agrees to purchase a cue for $1500 and then finds out it's only worth $400 - is he honor bound to still buy the cue?

Sometimes when I get a lower offer than my asking price I will tell the person making the offer that I will hold out for a better offer for a day and if none comes in then the case is theirs. But if I accept their price and a better offer comes in 2 min later then I just have to bite the bullet and honor the first deal. That's how the game is played and if you aren't the kind of person who can call a foul on yourself then maybe you shouldn't be in the game.

OTH $350 for any Schon is stealing. Snap it off! Man I wish I had my first Schon back.

that happened to me on a mezz earlier this year. its not my fault u decided to sell something at the wrong price. if u didnt care enough to find out how much it's worth then i dont see why i should get the shaft later on when u decide not to sell it. it's not hard to figure out how much something is worth.

and like u said, if the situations were reversed and i was the seller getting ripped off i would still honour the price. i might ask if the buyer is willing to add a little to make it more fair but if he says no, the deal is still gonna happen. it's happened before where i put something up for sale and it got snatched up in a few minutes. thats when i know i priced it incorrectly but instead of sitting there crying about it i just sell it at the agreed upon price. i might not be happy about it but it was my own damn fault so it's something i have to accept.

so to answer your question, if a buyer agrees to purchase a 1500 dollar cue and finds out it's only worth 400, then YES, he is still honour bound to buy the cue as he agreed to buy it. exceptions may occur under special circumstances.

furthermore, when i agree to buy a cue, i buy it. even if i decide that i dont want it any more before i send the money. it's happened before where i changed my mind about the cue but i buy it anyways. there's only been 2 times where i backed out of a deal and neither occured because i changed my mind. the first time was due to my dad destroying the car so i had to re-assign the money i had stashed away for the cue to go towards repairs. the other time, work reduced my hours and i couldnt afford the cue any more (it was not a cheap cue). but those were special circumstances.
 
When I hear, Deal Pending, it means to me that the offer has been accepted and Pending the transfer of money.

When someone says to me, "its yours", I say send me your Pay Pal address.

Done Deal, right?

But also, maybe someone can explain to me why you see this happen, and quite frequently.
Deal Pending.
Up for sale again, buyer backed out.

Now, there can be extenuating circumstances where the buyer has to back out, can't come up with the money, financial situation at home, buyers remorse etc. But why is it ok for the buyer to gracefully back out of a deal but not the seller.

Not trying to be a devils advocate or a dick, when someone backs out of a deal, it can be frustrating to the seller.
Maybe he has turned down offers that won't be there again, maybe he needs cash quick to, and you just wasted 2 days if his time.

I guess when it comes down to it, its a buyers market.
If you are buying a car, its perfectly ok to back out and buy from another dealer. If the car salesman tells you that you can't have the car because hes received a better offer from another person, then you sue.

I guess I just answered my own question. What do they call that, talking to yourself?
Haha, I'm getting senile and talking to myself on a message board.
 
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When I hear, Deal Pending, it means to me that the offer has been accepted and Pending the transfer of money.

When someone says to me, "its yours", I say send me your Pay Pal address.

Done Deal, right?

Usually, if you see "deal pending", it means the seller does not know the buyer well enough to take him at his word and will believe it when he sees the money.
 
I got no dog in this hunt, and I have no axe to grind with either party. I do think that the suggestion made by another poster here is the best solution. If you still have the cue, sell it to the guy for the agreed upon $300 + shipping and be done with it.

Who is this cretin that calls himself C Gent. His shoe size is larger than his IQ. If he is Banned as is stated under his name, why is he allowed to post?
 
that happened to me on a mezz earlier this year. its not my fault u decided to sell something at the wrong price. if u didnt care enough to find out how much it's worth then i dont see why i should get the shaft later on when u decide not to sell it. it's not hard to figure out how much something is worth.

and like u said, if the situations were reversed and i was the seller getting ripped off i would still honour the price. i might ask if the buyer is willing to add a little to make it more fair but if he says no, the deal is still gonna happen. it's happened before where i put something up for sale and it got snatched up in a few minutes. thats when i know i priced it incorrectly but instead of sitting there crying about it i just sell it at the agreed upon price. i might not be happy about it but it was my own damn fault so it's something i have to accept.

so to answer your question, if a buyer agrees to purchase a 1500 dollar cue and finds out it's only worth 400, then YES, he is still honour bound to buy the cue as he agreed to buy it. exceptions may occur under special circumstances.

furthermore, when i agree to buy a cue, i buy it. even if i decide that i dont want it any more before i send the money. it's happened before where i changed my mind about the cue but i buy it anyways. there's only been 2 times where i backed out of a deal and neither occured because i changed my mind. the first time was due to my dad destroying the car so i had to re-assign the money i had stashed away for the cue to go towards repairs. the other time, work reduced my hours and i couldnt afford the cue any more (it was not a cheap cue). but those were special circumstances.

All I can say is that if you try this in business you won't get far. I just lost a $60,000 contract last week after the middle man decided to award it to a competitor when the "deal" was done. I was waiting for the $20k deposit only to find out that they had decided to go with the cheaper competitor.

But, in business everyone is a frenemy and I expect to get another order from the same source shortly. That's how it goes.

Cash on the barrelhead seals the deal. Up until the item is paid for it's all pending.

I have had people back out of cases telling me that they are down on their luck, found a better deal (to them) elsewhere, etc.... I just shrug my shoulders and move on. Nothing is written in stone until the cash comes over.

I would never tell someone selling a $1500 cue that they were honor bound to sell it to me for $400 if that's what they mistakenly offered it to me for. Now, once the deal is done if they then came back to me and wanted to buy back their $1500 cue for $400 then the answer is no. A person's responsibility to handle their business and evaluate the value of the things they own or want to buy ends with transfer of ownership. At that point they either own it or don't own it and whatever it's worth or not resides with the new owner. After the transfer of ownership "mistakes" are settled by lawsuit unless both parties agree to settle out of court.

I guarantee you that 99% of the people on this forum would not continue the sale if they found an unknown cue at a garage sale and put it up for sale for $500 and found out before the cash traded hands that the cue was a $20,000 Bushka. I'd bet my life on that.
 
Usually, if you see "deal pending", it means the seller does not know the buyer well enough to take him at his word and will believe it when he sees the money.

I agree with this. When someone agrees to buy one of my cases then I mark it as SOLD even before I get the money. I take people at their word and if something happens that they can't complete the sale then I remove the sold label and indicate that it's still for sale.

Putting "pending" on the item INVITES people to make competing offers in my opinion. It leaves the item in an ambiguous state where it's still sort of on the market.
 
John, there are a lot of honorable people left in this world and certainly on AZ as well. I'm just not so sure I'd bet my life on a Balabushka tho.

On a side note, do you remember maybe a couple of years ago re the sale of a Gus?
Something happened and the buyer was not happy and wanted a refund.
The two sellers who were involved dug their heels in and there was no way this was going to happen.
It just so happened that the cue was authenticated by Barry to be one of his fathers.
The two sellers were falling over each other to give a refund at that point.

I may have forgot some of the details but it was quite funny to watch the thread progress to the end result.
 
Who is this cretin that calls himself C Gent. His shoe size is larger than his IQ. If he is Banned as is stated under his name, why is he allowed to post?

Because the posts he made were on 3/30 and he was banned on 4/29.
 
John, there are a lot of honorable people left in this world and certainly on AZ as well. I'm just not so sure I'd bet my life on a Balabushka tho.

On a side note, do you remember maybe a couple of years ago re the sale of a Gus?
Something happened and the buyer was not happy and wanted a refund.
The two sellers who were involved dug their heels in and there was no way this was going to happen.
It just so happened that the cue was authenticated by Barry to be one of his fathers.
The two sellers were falling over each other to give a refund at that point.

I may have forgot some of the details but it was quite funny to watch the thread progress to the end result.

Anyone bored enough to find it and post a link? Sounds juicy and I can't believe I missed it.
 
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