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Old 05-29-2012, 10:32 AM   #2248
blankall
Ate 100 Treadmills
 
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Quote:
Originally Posted by bizaro86 View Post
I've never had this happen to me selling (sadly), but when buying I've only ever been asked for the top price I'll go to, and not offered a chance to rebid. That really surprised me on one where I was outbid by $250. If I was the seller I'd have gone back to me and asked for a higher bid. I don't see how that could possibly be illegal, and you don't have a contract with these people, just offers from them.
It sounds like you are suppossed to give you "top" offer. So, in theory, you shouldn't be able to offer higher later as you've already given your top dollar. That being said, most people probably won't give their top dollar the first time.
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