Seller change mind after deposit was paid

Florinakke

In the same time I want to find out if he's entitled, don't want to find out after that he just intimidated me and didn't had any power.

rollingmoon

Florinakke said:

...don't want to find out after that he just intimidated me and didn't had any power.

If you read the link at the bottom of the last page you will see that he has. The easiest thing would be to complete the deal you made and were happy to accept payment for. Frankly, if you don't you deserve to be taken to court.

pbartlett

You will have done nothing criminally wrong so the police won't get involved.

You have a contract to supply 1kg silver at the price agreed. However, the only remedy the purchaser has against you is court action. They would possibly claim the difference between what they had to pay elsewhere and the price agreed with you. If silver falls again this might not be much. They could also claim costs. Or they might instead ask for the court to enforce 'specific performance', ie force you to complete the contract.

Depending on the sums involved, the purchaser might not even bother - it would be a lot of hassle.

ivtechcivic

pbartlett said:

You will have done nothing criminally wrong so the police won't get involved.

You have a contract to supply 1kg silver at the price agreed. However, the only remedy the purchaser has against you is court action. They would possibly claim the difference between what they had to pay elsewhere and the price agreed with you. If silver falls again this might not be much. They could also claim costs. Or they might instead ask for the court to enforce 'specific performance', ie force you to complete the contract.

Depending on the sums involved, the purchaser might not even bother - it would be a lot of hassle.

Ahhh I get it, so the guy is selling silver, and that affects the Value. 

Yes topic poster, you should fulfil the end of the deal, stock market is different to inanimated objects being sold. 

Just be a good person and fulfil your end of deal, I know it sucks but we should not rip someone else off or be greedy. 

It is 2021, let us all have a good year start with good deeds.

Technically he cannot take you to court because he has no details about you. One pr*k ripped me off selling me a dodgy car, claiming to be a trader (as everyone claims nowadays), even though I reported him to the police, they could do nothing about it. 

All he has about you is your Facebook details, and you can easily delete your Facebook. 

But be a good person and just fulfill the deal, greed is a terrible thing. 

allison445

Not sure if anyone has actually asked this but is there a reason why you no longer want to sell at the price agreed?
Just apologise refund explain why and move on and hope that's the end of it 
You could try the usual excuses people use on ebay when they don't get the price they want its lost , the dog damaged it ,my mother sold it to someone else, I put the wrong size, I was packaging it up and I broke it 

Florinakke

He paid that deposit through bank transfer, so my details are not so hard to find. 

martindow

Florinakke said:

He paid that deposit through bank transfer, so my details are not so hard to find. 

Your bank details and name are there but for a claim you need a postal address which will not be that easy to find even knowing your bank account.

However, I'm another thinking that you should honour the agreement you made.

mimi1234

allison445 said:

You could try the usual excuses people use on ebay when they don't get the price they want its lost , the dog damaged it ,my mother sold it to someone else, I put the wrong size, I was packaging it up and I broke it 

I once had someone saying the dog made the purchase on eBay and the dog also sent me a message, lol.

theonlywayisup

If a buyer wishes to take any legal action against a seller he would need the buyer's postal address. 

The buyer cannot get your address from your bank details.  

pbartlett

Not strictly true - they would have a good chance of finding out the identity if they wish to serve legal documents but it would probably be a prohibitively expensive process via a NPO.