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#1
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Yes Charlie, it was a nice post. And thank you Drew for the comments. I too think such a disclosure process will bring additional (and unknown) potential liability to your firm. But I also think that businesses build into their revenue stream a recovery of those costs. It's a cost of doing business - so charge more to the buyer or seller or both. Hey, when I got the itch for the Nova, it really didn't matter your fee - but I did want the car AS IT WAS REPRESENTED, and wanted recourse if not. I'd pay for that level of responsibility. BTW - the buffet was great - my son and I probably cost you some money next year.
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Bob |
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#2
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Realistically, I can't see the auction house doing to much here except include the serial number to a car in their listings. With the internet, camera cell phones, etc their is a lot of resources available to the buyer, so the bottom line is the onus is up to the buyer to do the homework.
Carmine |
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#3
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Its a good point Carmine. I think that is the case with most of the products we purchase. I want every consumer to be responsible for the puchase choices they make. After all, we're free to do business with whom we wish. But, I also want recourse to the parties who represent the deal. In the auction scenario, the house represents a car as ABC, SUPER DUPER with options that make it 1 of kind. So the house get's money from the buyer, who, let's say relied on the representation. Then, when the car is not as represented, the house position is "sorry, not our representation, but rather, the seller". But the house has the benefit (read enhanced revenue) of representing this glorious car as 1 of a kind (read expensive) without ever having to stand behind the claim. Somehow that just doesn't feel good to me. I'm not bashing RS (I spent 3 full days and nights there in January and only 2 hours at the "other place". And will go again as soon as I can). I'm not trying to get the buyer to absolve himself of responsibility, but I am proposing the house take more responsibility for its representations.
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Bob |
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#4
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Hey Charley - I'm workin' my fingers to the bone posting all this BS and my post count isn't going anywhere. What up with that?
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Bob |
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