Flipping a good deal from a Polkie for a profit

heiney9

So is there an unwritten rule that within a few days if you purchase something on FM from a fellow Polkie that you shouldn't turn around and try to almost double your profit on Audiogon.

I think it's really, really poor form to buy something at a very good price and then within a week flip it for a large gain w/o even offering it back to fellow Polkies first.

Perhaps I'm way off base here, but this really, really irks me. That particular sale could have gone for more, but the seller simply sold it for what they bought it for right here on the forum. The buyer is now selling it on Audiogon for a whole lot more.

Discuss

{end rant}

H9

P.s. actually double and then some.

brettw22

Poor form is exactly right.....I had it happen to me once here and I won't sell anything on the forum for that exact reason....

It might be different if some time had passed, but an immediate flip is lame. Ultimately though, it's on the buyer for what they sold it for.....if they're happy with what they got, then so be it.

thuffman03

I have not bought or sold anything on this forum. But I see no issues with the fact that if someone buys something that they have the right to do with it what they will.

I understand that the item was sold below market value but that was up to the seller to give a discount. Bad Karma could entail to the reseller but the seller got the price they asked for and the buyer can do what they want with it.

dkg999

I say release the Kracken :eek:

danger boy

it's in poor taste for sure...

like most people here.. we try and give our brother and sister Polkies a good deal. it's karma that sometimes comes back to you.. and bottom line, it's just good practice.

that's why the Polk XM tuner that was given to me as a gift from PF05 will never be sold. as some have done. i will "re-gift" it to someone here before I sell it.

nooshinjohn

I have a problem with this as well. This practice is not in good form at all, and to buy from a fellow member and turn it for obscene profit is just wrong. I have turned gear for profit, but could never dream of doing so to a Polkie.
Perhaps outing this individual would discourage such a thing from happening again?...

billbillw

Bad karma! May their system get struck by lightning!

heiney9

dkg999 wrote: »

I say release the Kracken :eek:

Where's Carl when you need him .

I will also say the item isn't marked as sold yet. But to buy it for $200 then off to Audiogon and ask $450 within a week is really, really absurd.

nooshinjohn

billbillw wrote: »

Bad karma! May their system get struck by lightning!

LOL! What is it with you and lightning!:rolleyes: I say out the guy....

kawizx9r

+1
It irks me enough to see something I could legitimately use and keep for awhile sell to someone on CL just to be sold later for much more.

For that to happen on here, I think I'd be really upset because I'd like whatever I was selling to be enjoyed in such a way I enjoyed said-product.

Pauly

Agreed. Very poor form and bad Karma.


Pauly

WilliamM2

It may be poor form, but the new owner can do whatever he wants with it, he owns it now.

danger boy

I hope it's not a long time member here.. i would expect more from them if it is.

billbillw

nooshinjohn wrote: »

LOL! What is it with you and lightning!:rolleyes: I say out the guy....

I thought you'd like that. Yes, out the member!

nooshinjohn

WilliamM2 wrote: »

It may be poor form, but the new owner can do whatever he wants with it, he owns it now.

I would agree with your thoughts on this if it happened in any other venue than here. As a general rule, members tend to price things so they are affordable and can be enjoyed by others rather than profit off the forum. If the buyer used the item for several months and decided to sell it, good for them. But to imediately take the money and run is BS in my opinion.

BB3

heiney9 wrote: »

So is there an unwritten rule that within a few days if you purchase something on FM from a fellow Polkie that you shouldn't turn around and try to almost double your profit on Audiogon.

I think it's really, really poor form to buy something at a very good price and then within a week flip it for a large gain w/o even offering it back to fellow Polkies first.

Perhaps I'm way off base here, but this really, really irks me. That particular sale could have gone for more, but the seller simply sold it for what they bought it for right here on the forum. The buyer is now selling it on Audiogon for a whole lot more.

Discuss

{end rant}

H9

P.s. actually double and then some.

I'm With You 100%. I'll Stop Right There heiney9 Because What I Want To Write Would Get Me Tossed Off This Great Forum.

---

BILL (BB3)

megasat16

I am 100% Totally Against a polkie buying something and flip it within days for a good profit.

If I buy something from Polk FM, the item will be offered in the Polk FM before listing it for sale anywhere else. If there is no taker within days, I'll find other advertising sources such as Craiglists, eBay, Audiogon, and other forum.

heiney9

It makes one wonder if the original intent was to buy low and re-sell high. I have no idea. If the seller wants to out the person that's fine. It's not my deal, so I'm not going to do the outting. I will say that while William M2 is correct he can do what he wants....it's still a slap in the face, rude, and very poor form to do this in such a short time frame. Who knows what that person's situation is maybe they need the cash for an emergency.

It just really rubbed me the wrong way and I will thing twice about doing business with this individual.

nooshinjohn

heiney9 wrote: »

It makes one wonder if the original intent was to buy low and re-sell high. I have no idea. If the seller wants to out the person that's fine. It's not my deal, so I'm not going to do the outting. I will say that while William M2 is correct he can do what he wants....it's still a slap in the face, rude, and very poor form to do this in such a short time frame. Who knows what that person's situation is maybe they need the cash for an emergency.

It just really rubbed me the wrong way and I will thing twice about doing business with this individual.

Names... link to the A'gon listing?

Pauly

Yes it is his, but thats BS. I bet "they" knew exactly what "they" were doing to flip days later. I understand a guys gotta make a few bucks, but thats takeing advantage of what we have going on around here.

Now i gotta get my research on so i can throw them on my ignore list.


Pauly

megasat16

megasat16 wrote: »

I am 100% Totally Against a polkie buying something and flip it within days for a good profit.

I meant to say a polkie buying something from the Polk FM and flip it within days for a good profit.

kcoc321

It does betray the trust & the deal that is given to a fellow Polkie to flip/resell it for double. I too think it would benefit the community to know whom this person was.
At the very least they should not be worthy of the "Polkie" discount, unless they come here and explain themselves. So I say please tell us who it is, or fess up, to whoever did this.

On the other hand, maybe they really, REALLY need the $$. (I am a half-full kindof guy)

heiney9

I can understand if he didn't dig the item, fine resell it. But I know there were others that most likely would have been interested here on the FM.

H9

Conradicles

Who is this HE?

blakeh

Obviously you can't tell someone what to do with their private property. They own it, they can do what they want with it. That being said, I think it is in very poor taste for someone to buy an item here on the FM and then flip it for a profit. There was a time when we thought of ourselves as a community here. Many of us still feel that way. And because we feel like part of a community, we sometimes price items below the open market value because we want to foster a sense of good karma and sharing among members. Plus most of us have been the beneficiaries of other members' kindness at some point and feel that we should pass that on to other members.

I understand that no one is making a seller offer his item up for a reduced price, but isn't it just good form to not take advantage of it? I mean it's pretty simple; if you buy an item on CP and want to sell it (especially if it's a week later), just offer it up here first. If there are no takers in a week, then sell it to whomever you want at whatever price you want. Is that really too much to ask?

danz1906

Pauly wrote: »

Agreed. Very poor form and bad Karma.


Pauly

I second that!

mmadden28

Personally I don't see how this situation deserves an 'outing'. If anything outing for this would be bad form IMO. Outing somebody for a significantly bad deal is a different story.

Vent and discuss about it being bad form and all is fine but I think everybody that reads this thread will get the idea.
As has been said, we don't know any details about the decisions the buyer made to resell and why or why not to the CP first.

If you really must know, then take the info you were given above and research it yourself. I figured it out in all of 3 minutes and I could care less.

blakeh

I don't think anyone's name needs to be mentioned. This is just a general discussion about how the FM operates.

I'm sorry that you could care less, mmadden, because the whole idea of how the FM works was based on members caring about things like this. It's just another sign that the forum is moving from a tight-knit community where members look out for each other to just another internet forum where people will take advantage if it suits their desires.

heiney9

mmadden08, if you could care less, why even bother to comment?

H9

Conradicles

blakeh wrote: »

I don't think anyone's name needs to be mentioned.

Why not, is it better to talk about the person behind his back now?

polrbehr

blakeh wrote: »

Obviously you can't tell someone what to do with their private property. They own it, they can do what they want with it. That being said, I think it is in very poor taste for someone to buy an item here on the FM and then flip it for a profit. There was a time when we thought of ourselves as a community here. Many of us still feel that way. And because we feel like part of a community, we sometimes price items below the open market value because we want to foster a sense of good karma and sharing among members. Plus most of us have been the beneficiaries of other members' kindness at some point and feel that we should pass that on to other members.

I understand that no one is making a seller offer his item up for a reduced price, but isn't it just good form to not take advantage of it? I mean it's pretty simple; if you buy an item on CP and want to sell it (especially if it's a week later), just offer it up here first. If there are no takers in a week, then sell it to whomever you want at whatever price you want. Is that really too much to ask?

Well put. Saved me a lot of typing