Trade

Say two parties agree to a trade. The person who wants the site done then suddenly says "I got a higher offer". Is he allowed to break the previous agreement and trade with the guy that offered more?

[quotefac82089f9="stackmjwiz"]Say two parties agree to a trade. The person who wants the site done then suddenly says "I got a higher offer". Is he allowed to break the previous agreement and trade with the guy that offered more?[/quotefac82089f9]

If the original trade has been confirmed in the trade module, I would say that no, the trade cannot be abandoned on account of one person receiving a higher offer.

I don't know whether this has been documented in the rules, however.

Assuming neither party has greened/payed/performed sexual favor then I'd say there's no problem with taking a better offer..

[quoteef64db11c5="kevxross"]Assuming neither party has greened/payed/performed sexual favor then I'd say there's no problem with taking a better offer..[/quoteef64db11c5]

I agree, you already signed up for him, there is no harm in refusing the trade.

If its on this site and a trade is setup in the trade module and is confirmed then the trade must be completed. If a trade is initiated but is not confirmed then a party can back off. If its confirmed then the trade is binding and a user cant decide to take a better offer.

[quote977d10e79a="kevxross"]Assuming neither party has greened/payed/performed sexual favor then I'd say there's no problem with taking a better offer..[/quote977d10e79a]

I agree. As long as nobody signed up for anything or paid anything I think it's fine that they back out.

[quote09117b9aa4="good2speed"]If its on this site and a trade is setup in the trade module and is confirmed then the trade must be completed. If a trade is initiated but is not confirmed then a party can back off. If its confirmed then the trade is binding and a user cant decide to take a better offer.[/quote09117b9aa4]

Is that a rule somewhere or is that just your theory?

[quote6450733238="good2speed"]If its on this site and a trade is setup in the trade module and is confirmed then the trade must be completed. If a trade is initiated but is not confirmed then a party can back off. If its confirmed then the trade is binding and a user cant decide to take a better offer.[/quote6450733238]

Your wrong actually. Like people stated above, as long as no one has gone green already or signed up for anything then you can always back out of a trade. I had to find this out the hard way, I waited 2 weeks for someone to green then they were like I can't do any offers and they backed out.

[quotecbdc0d68cf="halfbreed"][quotecbdc0d68cf="good2speed"]If its on this site and a trade is setup in the trade module and is confirmed then the trade must be completed. If a trade is initiated but is not confirmed then a party can back off. If its confirmed then the trade is binding and a user cant decide to take a better offer.[/quotecbdc0d68cf]

Your wrong actually. Like people stated above, as long as no one has gone green already or signed up for anything then you can always back out of a trade. I had to find this out the hard way, I waited 2 weeks for someone to green then they were like I can't do any offers and they backed out.[/quotecbdc0d68cf]

then what is the point of intiating a trade and having the confirm button. Wouldnt that mean an intention to agree to the trade. In my reasoning thats similar to signing a contract. If someone initiates a sale and draws up a contract ( intiates a trade in the module) presents it to the other party and the other party signs the contract ( hits the confirm button) isnt the contract binding. Im under the impression that once someone signs a contract they are bound to the terms and cant back out. Wouldnt it be a waste of time and paper if contracts were worthless. I find it similar here even though this isnt real busniess. I just feel having initiated the trade and having it confirmed should stand for something. Otherwise I feel were all wasting our times. Yet again thats my assumption.

and in your situation they were unable to complete the trade on there end not that they recieved a better offer. Your situation is unique to the situation addressed in this thread.

[quote2227f22230="kevxross"]Assuming neither party has greened/payed/performed sexual favor then I'd say there's no problem with taking a better offer..[/quote2227f22230]

The problem is that most people try to line up refs efficiently. So, for a site that requires 5 refs, they'll have open trades with 5 individuals. If 1 or more of those individuals suddenly decides to back out of a confirmed trade, there's no making up for the time lost waiting for that trade to be completed.

It may not be against the rules, but I do think it's pretty rude...

Yeah, it's rude and a total inconvenience. But it's nothing to get panties in a bunch for, just go look for another trade and move on with your life.

Let Jump get in here or another mod. Im sure theyll agree that once trade is confirmed then you cant back off. We have the confirm button for a reaSON. Its not just there for show.

[quote04fb5de964="good2speed"]Let Jump get in here or another mod. Im sure theyll agree that once trade is confirmed then you cant back off. We have the confirm button for a reaSON. Its not just there for show.[/quote04fb5de964]
It is there for the person to acknowlegde the trade and they agree to the terms. Just like everyone else said, it is a dick move, but not against the rules.

Wow, this actually did happen to me today, as a matter of fact. It was fucking annoying, especially since the trader I was doing this with didn't bother to PM me and tell me they changed their mind. In that time I had turned down two other offers.

[quote53bac535fe="ilanbg"]Wow, this actually did happen to me today, as a matter of fact. It was fucking annoying, especially since the trader I was doing this with didn't bother to PM me and tell me they changed their mind. In that time I had turned down two other offers.[/quote53bac535fe]

That's what I'm talking about. You lose trades/time when someone reneges on a trade if your strategy is to trade efficiently by only lining up the minimum required refs for a given site.

its never actually been outlined or mentioned in the rules (never thought about it), but here is where i stand.

i think that if the confirm button wasnt there, then people could just initiate a trade with you and it automatically be accepted. then we (mods) would have no way of proving or disproving whether 2 users actually did complete a trade or not (its handy when one person accuses another of not doing their part of a trade).

personally, i think a trade becomes binding, as soon as either user, either signs up for a site, or sends paypal, or at least goes one step further than just confirming a trade.

its not against the rules, since it just isnt in the rules, but it definitely is a bit of a dick move.

what do people think about implementing it into the rules? as soon as both users have confirmed a trade, then its a trade and is binding? shrug

Nah, the trade module is helpful but shouldn't be binding. Just don't trade with this person again, and suggest that others don't.

[quoteb99eb9c10e="theysayjump"]its never actually been outlined or mentioned in the rules (never thought about it), but here is where i stand.

what do people think about implementing it into the rules? as soon as both users have confirmed a trade, then its a trade and is binding? shrug[/quoteb99eb9c10e]

If people did their due diligence before committing to a trade (i.e. confirming that they've never done the site, confirming that they can do the offers, etc., etc.) it would go a long way towards reducing the amount of time/bullshit that goes into trading. My $.02

that happened with me this week with that kdollar guy.

My stance on the trading module has always been that it's a means to an end. It's there to simplify and protect users as much as possible. What goes on between you and another trader is your business. I don't think backing out of a confirmed trade should be against the rules, since there are legitimate reasons for needing to do it. I'm with jump - once someone goes yellow, sends payment, etc the trade is set. Until then, you're still in the "Negotiation" phase, just like the status says.

[quote3d9d4bfdd8="goofygarber"]Nah, the trade module is helpful but shouldn't be binding. Just don't trade with this person again, and suggest that others don't.[/quote3d9d4bfdd8]

In that case, I suggest traders don't bother with codex.

I suggest that you guys don't trade with mroogy. We agreed (confirmed on module) on a trade last night, but he just abruptly decided to pm me saying opps, i just got a higher offer.

lets not start this into a thread about who not to trade with. i traded mroogy and the trade was very fast, communicative and good.

Yeah I started a trade with stackmjwiz last night. Honestly, I saw and still see setting up a trade in the trade module as recognition by both parties that you want to do a trade and that you're both prepared to go into the final steps of negotiation/setting up the trade; not as a definite contract (such as sending payment or signing up). I don't see it as being a big deal, and do apologize for the time it took to read and reply to a few PM's, but see it as just that; opening an inbox and responding to a few PM's. I didn't leave you hanging for a week without a response or anything and in fact the time stamps on the trade module are just under an hour apart from trade confirmation to request deletion. And I let you know the minute that I did want to cancel the trade.

I'll let you guys decide what to think about it, but I guess all in all it doesn't matter too much, just a few karma and possibly a few lost trades for me if everyone does think I'm a jerk D

(copied and pasted from inbox/sentbox)

stack I'll give you $7

me lol you're lucky I'm desperate Very Happy . Is the Real Rhapsody offer up?

stack Yes

me Okay, It's actually my sister that will be doing the offer, but I don't think she's doing anything tonight so if I call her up she should be able to signup in the next few hours sometime. Sound good?

<requested trade in trade module here thinking he was at his comp where he could get trade going that night>

stack Can we do this tommorow? I won't be around in a few hours.

me Okay. Is it alright if she goes ahead and signs up tonight? You wouldn't have to pay tonight or anything, just sometime in the next 4-5 days would be good.

stack I'll pm it tommorow, I'm not at home at this moment.

me Actually, I just got a higher bid. Also just wanted to say sorry about earlier I didn't mean to be pushy; I thought your link was already in the trade module but that you thought I'd want to you to pay as soon as I went green Smile . Sorry it didn't work out, thanks for your time.

<post above above was sent just minutes after request deletion>

<the following takes place the next day>

stack what do you mean a higher bid? the trade is confirmed...

me I thought it was ok to back out of a trade as long as no one had signed up/sent cash or done something along those lines? If that's against the rules I'd be willing to help out though (my sister is already yellow under someone else, but I haven't used my signup yet because I wasn't after gamingsystems).

stack Ok, its not explicitly written in the rulebook, but it certainly isn't proper etiquette. Can you do free360xbox or flashipods4free?

me Already done both of those Confused . If you want, to clear things up, I'll pay you what my ref was worth in the trade so that you can buy another ref.

stack k, my paypal is ------------------

me Actually, I don't think I'll do it. I could understand if there were a lot invested in the trade, but that was a whole 5 minutes reading and responding to PM's over a trade in which I was going to sign up for only $7. It's not about the money, it was only $7; it just made me pissed when I realized how ridiculous it was that I was about to pay the price of my ref for a trade in the 'negotiation' stage that I backed out of. My sister was in a hurry wanting me to get a trade for her, I thought you would be able to do it last night and your $7 was the only offer I had so far; but then it turned out you wouldn't be able to send your ref link until the next day and at the same time I got an offer for $10. So I took that trade because that person actually offered the livery cheapli asking price and had already sent me their link, and I was in a hurry to sign up cuz my sister was nagging me so that she could start her music downloads. I will apologize for the few minutes you took typing up a few responses to PM's, but I don't see how setting up a trade and then backing out of it in the same hour (messaging you explaining what was going on as soon as I did) for a better/quicker offer is unproper etiquette.