Timely Completion of Transactions

starislon2 · February 26, 2007, 03:14 AM

What amount of time is appropriate for the buyer and seller to complete a transaction that resulted from a classified ad on the FLF?

I seem to remember someone on one of the forums saying it is customary for buyers and sellers to contact each other with in 48 hours to arrange payment etc. Is this the accepted practice?

In other words after someone has agreed to buy something, but fails to arrange payment, how long should the seller wait before re-listing ad?

TheBluesMan · February 26, 2007, 09:21 PM

It is difficult to answer this question as it is very subjective and the answer will likely differ from member to member.

Personally, I make a point to contact the seller within 24 hours of winning an auction or agreeing to buy something online. Others may say 48 hours or longer if a national holiday or a weekend is involved.

As for re-listing - that, too, is subjective. By all means, give the buyer a reasonable amount of time to respond and try all possible methods of contacting him to arrange payment or to back out of the deal.

There are no set rules on TFL's Gun Show boards regarding this issue, so just do what you think is right and reasonable and you should be okay. Posting your question here certainly shows that you are doing your due diligence.

Hope this helps.

-Dave

skeeter1 · February 26, 2007, 11:08 PM

I haven't tried a TFL auction, but I did buy a handgun through Gunbroker, and it took about two weeks. We kept in touch by email every step of the way, and it might have gone faster if I had sent a cashier's check, but I sent a personal check. The seller waited until it cleared her bank (understandable). Sending a cashier's check or money order would probably have sped things up. I wasn't in a rush, and the seller kindly held it for me until my check cleared. All-in-all, a good transaction.

February 26, 2007, 03:14 AM	#1
starislon2 Registration in progress Join Date: February 19, 2007 Posts: 1	Timely Completion of Transactions What amount of time is appropriate for the buyer and seller to complete a transaction that resulted from a classified ad on the FLF? I seem to remember someone on one of the forums saying it is customary for buyers and sellers to contact each other with in 48 hours to arrange payment etc. Is this the accepted practice? In other words after someone has agreed to buy something, but fails to arrange payment, how long should the seller wait before re-listing ad?

February 26, 2007, 09:21 PM	#2
TheBluesMan Moderator Emeritus Join Date: June 15, 1999 Location: Ohio Posts: 7,558	It is difficult to answer this question as it is very subjective and the answer will likely differ from member to member. Personally, I make a point to contact the seller within 24 hours of winning an auction or agreeing to buy something online. Others may say 48 hours or longer if a national holiday or a weekend is involved. As for re-listing - that, too, is subjective. By all means, give the buyer a reasonable amount of time to respond and try all possible methods of contacting him to arrange payment or to back out of the deal. There are no set rules on TFL's Gun Show boards regarding this issue, so just do what you think is right and reasonable and you should be okay. Posting your question here certainly shows that you are doing your due diligence. Hope this helps. -Dave __________________ -Dave Miller ΜΟΛΩΝ ΛΑΒΕ! NRA Certified Instructor: Pistol, Rifle, Shotgun, Home Firearms Safety, Personal Protection. Tick-off Obama - Join the NRA Today - Save $10

February 26, 2007, 11:08 PM	#3
skeeter1 Senior Member Join Date: April 11, 2006 Location: Northeast Ohio Posts: 3,403	I haven't tried a TFL auction, but I did buy a handgun through Gunbroker, and it took about two weeks. We kept in touch by email every step of the way, and it might have gone faster if I had sent a cashier's check, but I sent a personal check. The seller waited until it cleared her bank (understandable). Sending a cashier's check or money order would probably have sped things up. I wasn't in a rush, and the seller kindly held it for me until my check cleared. All-in-all, a good transaction.