Quote Originally Posted by turbo
there is now a third interested party, and he has bid $2100 for all three sites. this is the last day, got about 13 hours left.
ok, I have to pull this bid, and I am going to explain why.

Bidder 1 - $1500 I post on the boards.
Bidder 2 - $1750 I post on the boards.
Bidder 1 - $2000 I post on the boards.

Bidder 3 - $2100 via e-mail, seems direct and to the point, so I reply to him that he is now the highest bidder, and I post to the boards.

Then I recieve a follow up e-mail from Bidder 3, with some very specific and detailed questions. I reply to his e-mail, but after answering his questions I get the feeling that his original e-mail might not have been a solid bid, so I end the e-mail back to him with:

"Hope this helped answer your questions. I already posted that there is an offer of $2100 on the boards... was this a premature assumption on my part?"


here is where the deciding starting happening.


After I e-mailed back to Bidder 3 asking if I posted his offer too soon, I recieved another e-mail from Bidder 1 with a counter bid. But I didn't feel right accepting that counter offer without being sure of bidder 3's intent, so I e-mailed Bidder 1 back with this info... saying that I would keep his counter offer private until I find out for sure about Bidder 3.

I then e-mailed Bidder 3, explaining that I needed to know for sure by a certain time because of the fact that the auction ends in 12 hours, etc.. etc..

But then I realize that wasn't really neccesary, and here is why:

If I had been 100% certain about Bidder 3's offer, then it would have stayed, but not have mattered because he was outbid already. BUT, I had my doubts on the bid because of the questions he asked... nothing bad, but just the type of questions that insinuated he hadn't decided if he was ready to buy or not yet.

SO, I am cancelling this bid, so that Bidder 1 doesn't have to pay more for something that I was still in question over. If Bidder 3 comes back and says that his bid was indeed certain, then he would have lost out anyways, and as it stands now can still outbid the $2000 and be nowhere behind his original postition.

All is well now, and I fell strongly that I am being fair to everyone with this decision.


Summary: Bidder 1 is back in the lead at $2000.


less than 11 hours to go. : )