Joined May 2009
711 Posts | 0+
Fulton, Michigan
I need to know your opinion on a situation that can happen at any auction in America. I have had several questions on this lately and one small issue. Please let me know your opinion.
Here is the situation. A consignor in an auction over the winter sells an unborn fawn as “choice buck or doe fawn”. Essentially they are telling potential buyers that they have their choice at birth of the fawns, buck or doe. The seller only asks for 25% down at the end of the sale to cover commissions and 15% more in their pocket as a deposit. The buyer is responsible for the remainder of the payment when the fawns are born and the fawn is chosen.
Here is the catch. What happens when the buyer wants a buck fawn and only doe fawns are born. Or what happens when the buyer wants a doe fawn and only buck fawns are born?
My question to you is, what is the right thing to do as a seller in a situation where the desired sex of fawn is not available (born) in a consignment that is sold as “Choice Buck or Doe Fawn”. Do they refund the entire 25% deposit paid by the buyer? Do they refund the 15% that they received above and beyond the commission? Do they force the buyer to take the opposite sex fawn that was born?
In this situation lets assume there is NOT a suitable substitute from another doe.
Thanks for your input.
Todd
Here is the situation. A consignor in an auction over the winter sells an unborn fawn as “choice buck or doe fawn”. Essentially they are telling potential buyers that they have their choice at birth of the fawns, buck or doe. The seller only asks for 25% down at the end of the sale to cover commissions and 15% more in their pocket as a deposit. The buyer is responsible for the remainder of the payment when the fawns are born and the fawn is chosen.
Here is the catch. What happens when the buyer wants a buck fawn and only doe fawns are born. Or what happens when the buyer wants a doe fawn and only buck fawns are born?
My question to you is, what is the right thing to do as a seller in a situation where the desired sex of fawn is not available (born) in a consignment that is sold as “Choice Buck or Doe Fawn”. Do they refund the entire 25% deposit paid by the buyer? Do they refund the 15% that they received above and beyond the commission? Do they force the buyer to take the opposite sex fawn that was born?
In this situation lets assume there is NOT a suitable substitute from another doe.
Thanks for your input.
Todd