If one party has made an offer, the other party has accepted the offer for something and there is valuable consideration being exchange (and there is the absence of a term that the deal is not legally binding) then a contract is formed.
worhiper_-_ offered consideration of .1 BTC in exchange for the following:
- full member account registered in 2012. With 135 activity and 135 posts with overall neutral trust
- an escrow to verify the above, and an escrow to provide an escrow address
The seller accepted his terms, an escrow (myself) agreed to (and did) verify the above information. An escrow (myself) did provide a funding address. If anyone can point out which of worhiper_-_'s terms were not met then I am all ears. However I would argue that a reasonable person would conclude that worhiper_-_ entered into a binding contract with the seller and worhiper_-_ did not follow through on his end.
When you negotiate a price for a good/service, you are negotiating a bargain for you. If you enter into a contract to sell something and the other party does not follow though (and does not take delivery) then you will not have the sales price worth of money and would have an extra of whatever you were selling that you should not have. As a result of worhiper_-_ backing out of the trade, the seller is out .1 BTC, regardless of the fact that he still has other property that
could be valued at a similar price.
the point of escrow is to ensure that all parties are protected in a transaction. As well to ensure that the transaction proceeds as agreed. The OP had agreed that a certain amount of money would be sent to the seller via myself and the OP deprived the seller his money that he was due.
I'm confused at the bold part myself. As the escrow, you didn't hand over the seller's goods or efforts before receiving payment, did you? How was the seller deprived of money
he was due? The deal was never finalized.
Of course I did not give the OP the goods being traded. See my above explanation as to why it is not okay to back out of a contract/deal.
IMO once escrow is setup for a deal it should be pretty much set in stone.
@bold: If that's the case, then probably I wouldn't use you as an escrow.
I agree Quickseller -
you should put in your terms that once you start negotiation for your services as escrow, you will receive negative trust if you back out. This would be ethical, since you are on DT and your trust means more than other escrow providers.
Backing out after escrow is setup is not exclusive to when I am acting as escrow. If I am made aware of similar behavior and I can find proof of such behavior then a similar negative feedback would be left. I am not the only person who engages in this policy.
This is why I don't escrow.
LOL, yes you do.
This,
this, and
this are three examples I could quickly find of you offering and/or accepting an offer to serve as escrow.
IMO once escrow is setup for a deal it should be pretty much set in stone. As if you are selling something the seller may send what is being sold right away assuming that the escrow is going to be funded (this has happened a number of times if you look at various escrowers' sent negative ratings). The only real reason to back out of a deal once escrow is setup is because of some significant change in circumstances, for example didn't receive money you were expecting, and canceling a deal should be mutually agreed to, meaning both parties agree.
@bold: If that's the case, then probably I wouldn't use you as an escrow. If I am not comfortable with the attitude of the buyer/seller or the attitude of the escrow, I am free to cancel the transaction. Also, if
I find another buyer who doesn't want to use an escrow and is willing to go first, paying me a higher amount which can earn me profit and I will pay him after his payment is received, why should I use an escrow and pay his fees? Why shouldn't I go for a deal that would save me from paying the escrow fee?Because you already
agreed to a deal with someone else under terms negotiated. I don't see any reason why anyone would ever want to do business with you if you will backout simply because you get a better offer. I cannot count how many times I have had to turn down better offers for things I was selling on here because I had previously come to agreements with traders for something I was buying/selling. I have seen similar activity of the most reputable traders on here.
Also see my above comments about what it means to enter into a contract/deal.
I can also choose another person as an escrow. It's my wish and I don't get your logic.
It sounds like you are just looking for loopholes for ways to back out of deals.
Set as stone is as if I/any other member is obliged to completing a deal with you no matter if he is happy with your terms or not. You are talking as if you are the boss and the buyer/seller are your slaves and have to listen to you. I have cancelled real deals as well where I needed to rent an apartment and after setting the terms with the broker, I cancelled it as the buyer was a nuisance. Doesn't mean I wanted to scam him.
You should have been sued for this. This is not only something that will open you up to liability to the buyer, but is also most likely against fair housing regulations. Another reason not to trade with you.
I am also curious to know what your main account is. I know that you are posting from a purchased account and that you purchased it in or around February of this year.
--quote--
"it's my way or the highway"
--quote--
For clarification, this is not the terms of me acting as escrow, however I will obviously not adhere to scammy terms as were requested in the OP. I have since made it a point to further point out that I will not adhere to such scammy terms and suggest alternatives so all parties can be protected on an equal basis, and decline to escrow when such terms cannot be agreed to. However I stand by my statement that all terms the OP was requesting were met.
@TBZ and @Vod, also note that if you publically disagree with QS's actions, he can interpret your disagrement as an "attempt to weaken the trust system, and therefore scammy behavior" and will use that argument as a reason to neg rep you (he used this rationale to neg-rep me with his alt ACCTSeller, see my feedback page---effectively, if you disagree with QS, you are exhibiting scammy behavior).
He can, but he hasn't. I await my punishment. LOL
Oh, so you disagree with me now? Negative trust left. LOL, just kidding, you are not a scammer haha.
I am fairly certain that you were somewhat disagreeing with my actions when I added you to my trust list (prior to BadBear adding you back into his). Although I have hopefully addressed all of your concerns in this post, as of now you are publicly disagreeing with me, yet your name still remains in my trust list (because I still respect your trust opinions enough for you to remain there). I do not anticipate removing, nor excluding you from my trust list in the near future. You can make your own conclusion about this.