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My view on this is probably a bit scewed. I grew up in an around auctions, currently work in an auction, my entire family works in auto auctions. What happene

My view on this is probably a bit scewed. I grew up in an around auctions, currently work in an auction, my entire family works in auto auctions. What happened here isn't even slightly uncommon in our industry, it just comes with the territory. What we sell is cars, thousands of them per week. If somebody bids on a car, but then doesn't pay up...they don't get the car. They might get thrown into something called a "KO book", which means that they'll be banned from our auction, and everybody else's. That's it. That's the end of it. If one of our sellers pulled what this seller did, they would almost certainly be banned from ever doing business with us again.

torme 16y ago
While I get what you're saying, I think an important point here thats been mentioned several times is the fact that the tickets lose all value as result of the buyer backing out. As a completely unrealistic example, imagine if by some magic, cars that weren't sold exploded. If you had a buyer back out, and as a result, you could never sell that car again, that person would most definitely be put in the "KO book". I think the situation is different, if only slightly. There should be some understanding from the buyer of the tickets that backing out is potentially costing the seller a lot of money. For this, I can understand the sellers frustration, if only because he might have had several extremely viable offers outside of hers, that are now lost. That said, I don't agree with his reaction at all. Is it not possible to try and contact the other interested buyers who were out bid?