Reselling items not in your possession

[Takuleechch]

Re: Reselling items not in your possession

If you're just grabbing photos from an unknown seller's listing and then offering that item for sale—you're running a scam.

Yes I understand what you're saying. But if you receive the item you paid for how is it a scam?

I know that people have done this to me before, both ways, and there's nothing illegal as long as someone gets what they paid for. It may not be "right" but it's not "illegal"

[Roady]

Re: Reselling items not in your possession

Ummm that's obvious and also not what I'm saying.
I'm saying it's not uncommon for people to find something they know someone wants and offer it around to flip. I've heard if people doing that all the time and it's not illegal.

Okay.
Let me clarify my feelings on this. Maybe I am not comprehending what some of you have written.
See if everyone agrees.

1. If I have a bat and you find someone who wants it for a higher price that is fine. As long as you do not sell it to that person before buying it from me first.

2. If you sell my bat before buying it from me, that is illegal.

3. It appears that the thread this is about that the "flipper" had an agreement from someone to buy a bat that someone else had for sale. Apparently after the "flipper" bought the bat his buyer backed out.
If he had not taken money from his buyer then he did nothing illegal.

4. Wanting to return the item to the original owner because his buyer backed out is simply immoral but not illegal.

[emann]

Re: Reselling items not in your possession

The only way I can see it being not illegal is if the original owner knows what is taking place and give his/her approval.
This isn't the stock market.

+1.

This concept is new to me. Unbelievably shady if you don't either own the item or have an agreement with the person who does. There is flipping and there is acting as a broker, this is neither.

If you're just grabbing photos from an unknown seller's listing and then offering that item for sale—you're running a scam.

[Takuleechch]

Re: Reselling items not in your possession

For example, I was looking for an item and posted a post a while ago in the items wanted page. A member emailed saying they could get me what I was looking for. They didn't own it but could get it. You really think they sold it to me for as much as they got it for? I doubt that very much. I have received a lot of emails saying peoples "friends" have this or can "get" that. It's pretty much the same thing they just disclose they don't personally have the item
The only thing illegal would have been if they didn't end up delivering the item. If I get the item I paid for from someone - as long as they obtain it legally - there is nothing illegal happening.

[Takuleechch]

Re: Reselling items not in your possession

You cannot sell another persons legal property to anyone else without their consent, period.

Ummm that's obvious and also not what I'm saying.
I'm saying it's not uncommon for people to find something they know someone wants and offer it around to flip. I've heard if people doing that all the time and it's not illegal.

[Roady]

Re: Reselling items not in your possession

Fiipping is buying low and selling higher.

It is not selling goods that do not belong to you. That is fraud.

[Roady]

Re: Reselling items not in your possession

Well said. It's exactly like the car dealer that says, " yeah, I can get you that 2014 range rover." which he does not have on his lot. and takes your money. Paid, done deal. Now it's on him to deliver and complete the deal. Meet the criteria of the contract. Or else it's fraud. But not illegal if he finds you one.

You cannot sell another persons legal property to anyone else without their consent, period.

[Roady]

Re: Reselling items not in your possession

There are plenty of people in the marketplace who act as "brokers" which I do not believe is illegal. If an authority on legal matters has additional perspective, please feel free to provide that information.

-Chris

The only way I can see it being not illegal is if the original owner knows what is taking place and give his/her approval.
This isn't the stock market.

[Takuleechch]

Re: Reselling items not in your possession

Flipping items isn't new and isn't illegal. That from what I've been told that issue wasn't raised recently. People do it all the time
In fact I always see people on this forum offering "finders fees" to people who can find them an item which in a way could be considered the same thing

[Takuleechch]

Re: Reselling items not in your possession

WOW sorrryyy was just asking a question about your post on this thread

[ChrisCavalier]

Re: Reselling items not in your possession

When you say outside the scope of this forum does that mean that no one here could have helped solved the problem?

No, I am saying trying to determine whether or not the stated motives of the buyer for returning the item were true was outside the scope of the administrators of this forum.

Please note the rationale for why that thread was closed has been explained already and is NOT the topic of this thread.

Thanks,
Chris

[Takuleechch]

Re: Reselling items not in your possession

When you say outside the scope of this forum does that mean that no one here could have helped solved the problem?

[Steeleraddict]

Re: Reselling items not in your possession

Well said. It's exactly like the car dealer that says, " yeah, I can get you that 2014 range rover." which he does not have on his lot. and takes your money. Paid, done deal. Now it's on him to deliver and complete the deal. Meet the criteria of the contract. Or else it's fraud. But not illegal if he finds you one.

[KGoldin]

Re: Reselling items not in your possession

Offering it for sale is not illegal
Concluding a transaction and taking someone else's money with no intent to deliver is. Illegal.
In the trading card world ( more then gu) there are Many well known "brokers" that run web sites listing cards for sale they do not own, but supposedly have permission to list. The famous t206 honus Wagner listed on eBay ( psa 1) is not owned by the person listing it, nor is it in their possession.
I had a problem with one of these brokers when a card that was consigned to Goldin Auctions was listed on their web site for sale while my catalog was going to press! Apparently they had it listed there for several weeks before the consignor gave it to me, and I had to call them and my consignor to have it removed.
It is frustrating as hell, but these people try to insert themselves into a transaction without laying out any cash, without overhead and without the risk of carrying inventory. As long as they actually deliver what is sold, there is no legal issue. Many ( including me) may dislike the practice, but it is more common then you think especially on the card side , and not illegal unless they do not perform.

[ChrisCavalier]

Re: Reselling items not in your possession

I would think that selling something that you do not own is illegal.

There are plenty of people in the marketplace who act as "brokers" which I do not believe is illegal. If an authority on legal matters has additional perspective, please feel free to provide that information.

-Chris