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Original poster

To go back on an agreement

40 replies

TheDisillusionedAnarchist · 29/09/2018 17:27

Decided to sell something on a local Facebook group for £10. Agreed to sell it to someone and have now discovered it’s worth £500+. My own fault of course but would I be unreasonable to go back on my agreement to sell it for £10 or should I honour it.

For info, we could do with the money but we’re not actually skint and the item concerned had been in the shed for 8 years so not like we’d expected to earn money from it.

OP posts:
GreatDuckCookery6211 · 29/09/2018 17:30

What is it?!

Stompythedinosaur · 29/09/2018 17:30

If it was a few quid I'd stick to the deal, but for that sort of money I would explain and apologise.

TaggieRR · 29/09/2018 17:31

I would go back on the deal.

fc301 · 29/09/2018 17:31

Make up some bullshit like 'sorry I have just found out DH has promised it to a family member - Soz!!'

Vickister · 29/09/2018 17:31

Of course it's ok. It's still your item till it's handed over, just apologise and explain the situation. I've had it happen to me loads of times online.

Justnoclue · 29/09/2018 17:31

Hell no! Don’t sell something for a tenner that you know is worth £500 ffs!

MatildaTheCat · 29/09/2018 17:32

I’d tell a white lie and say DH had changed his mind or similar.

SparklingSaskia · 29/09/2018 17:32

It perfectly fine to change your mind. It’s not ebay. Your stuff, your rules. I would even go so far as to tell them you made a massive mistake with the price. No one is entitled to a bargain, and if you honour it you might just see it again on FB for 10 times the price.

ThroughThickAndThin01 · 29/09/2018 17:33

I’d go back on it! They’ll sell it and pocket £490 from you.

DonnaDarko · 29/09/2018 17:34

Go back on the deal, that kind of money would be really handy!

LeftRightCentre · 29/09/2018 17:35

Go back on it. 'Sorry, I discovered that I mispriced this item and it is no longer for sale. My apologies.'

ScarlettPimpernell123 · 29/09/2018 17:37

I think it's a bit shit to go back on your agreement, probably one of the reasons I don't use EBay

t00dle00 · 29/09/2018 17:37

Mark item as sold or remove the advert.

Message buyer and say item is no longer for sale.

LeftRightCentre · 29/09/2018 17:38

It's not Ebay, Scarlett, it's a local FB group. And only a total idiot would sell a £500 for £10.

Believeitornot · 29/09/2018 17:38

If you’ve not yet exchanged then fair enough but only if you’re sure of the price!

PatchworkElmer · 29/09/2018 17:38

Go back on it.

Themidnightcircus · 29/09/2018 17:38

what is it

ScarlettPimpernell123 · 29/09/2018 17:39

Maybe OP is a total idiot anyway? World's full of them

Original poster
TheDisillusionedAnarchist · 29/09/2018 17:41

It’s a Brompton bike for those who asked

OP posts:
LordNibbler · 29/09/2018 17:43

I think they probably know how much it's worth and they are happy to give you the £10 and keep quiet.

Original poster
TheDisillusionedAnarchist · 29/09/2018 17:46

To be fair several people offered more £300+ and told me I was an idiot.

Glad I posted here as both DH and I felt bad about going back on a deal that was our own fault

OP posts:
DingDongDenny · 29/09/2018 17:50

I think if the person knew it was worth £500 and were going to give you a tenner then they are dishonest. I wouldn't worry about them

GreatDuckCookery6211 · 29/09/2018 17:51

I'm confused to why you advertised it for £10. Where did you get it from?

charlestonchaplin · 29/09/2018 17:56

For the sake of your family, you know what you need to do. No-one is owed a bargain. Just tell them quickly so you don't inconvenience them.

ACatsNoHelpWithThat · 29/09/2018 18:02

No need to feel bad, the buyer either knows it's worth ££s and had no qualms about keeping it quiet, or they don't know and therefore won't be too fussed if you change your mind about an item only worth £10.