On Apr 6, 2:11 pm, "My Name" <techd...@gmail . com > wrote:
> I'm selling a used car at a great price. Multiple parties have
> responded to my ad wishing to purchase said car. I've got one party
> who says they will "probably stop by sometime Saturday morning" with
> me setting an "earliest" time to protect my shut-eye. I've got
> another who has told me he'll most likely shoot for my "earliest"
> time, as he's "in a spot" and wants the car. This guy didn't annoy me
> at all on the phone, and I'd like to sell it to him full price and be
> done with it. However, I don't want to put all my eggs in this one
> guys basket, so to speak.
>
> The phone is still ringing. When calling these people back, what
> should I tell them? Is the norm first come, first serve? Driveway
> bidding war? I don't want to schedule 8 appointments throughout the
> day, and then have seven people pissed I sold it before they got to
> it. I also don't want to tell everyone to wait and see, because if
> the two parties mentioned earlier do not buy it I'd like one of the
> people whose message is currently in my voicemail to do so, and
> tomorrow is a good day to get it done for me.
>
> So, what's the move here (beside thinking that I should have asked a
> little more for the car in the first place)?
This is one of many instances where you have many buyers for one
product. Unless it really matters to you, I would just do it first
come first served. If two people show up at the same time, whoever
has the money and pays first gets it.
I was looking for an apartment in a major city a few weekends ago, and
several landlords pretty much told me that they could care less who
rents the apartment, as long as someone rents it so its not sitting
empty. They made it pretty clear that it was first come, first
served, and whomever handed them the check for the security deposit
first would get the apartment. Under no circumstances could the
apartment come off the market and stop being shown to prospective
tenants until they had a check in their hand (though my future
landlord accepted a fax of my check and FedEx receipt as proof that my
check was on its way...he was nice enough to accomodate the fact that
I lived 300 miles away). It might sound mean or uncompassionate, but
its really the only fair way to handle such a "high demand"
transaction which protects the interests of the owner. I'd suggest a
similar strategy for handling the auto transaction.