@kerry4951 My previous response was directly in regards to Eric's instance.. I was not factoring in your issue in my reply..
So let's do so now..
You ask..
"What if there is no "first person here with the cash gets it" clause??"
Ok so lets be 100% real here.. is there ever this clause on CL or Letgo? Let alone spelled out?
It should always be assumed this is the case.. It's completely up to the seller to decide to hold an item and a buyer should never assume anything. A verbal agreement on CL or Letgo is just that.. and unfortunately it's only worth the paper it's been written on.
Next question..
"What happens when the seller and buyer close the deal and the buyer wants to pick it up the next day, but is told not to come for another few days?"
I am assuming just about everyone that deals with CL, Letgo, or the like can state this has happened to them.. I myself had an issue where I was looking for parts on my 4Runner, told the buyer I wanted the parts, was told to call him back later on in the week... doing so he told me the item was already sold.. even though I was told to call back later to make arrangements... annoying yes!.. upsetting yes!... but that is the nature of CL and Letgo.
Finally..
"Now the seller knows he has a "sale", but over the course of that time the seller leaves the ad up hoping to pick up another potential buyer. He then tries to pit the buyers against each other and make it a bidding war between the 2 or more potential buyers."
I never personally take an AD down until the cash and item has exchanged hands.. so I don't understand this part. However.. if an item is "in demand" enough it's not unreasonable to get multiple bids on the same thing.
And again let's be honest.. we have all gotten what we call a "score" by buying an item at a value that was way under what it was worth because the seller didn't know better. In these instances it's even more first come first served.. to expect a seller to specifically hold something because of a phone call when someone is offering more money.. well think about it. Seriously.. would you? And I am not talking about someone you know.. I am talking about a complete stranger.. again would you?
I have had my wins and my losses... my wins outnumber the losses but I expect this stuff when dealing with people. It's the nature of the beast.. or to sum it up... $$ talks and BS walks.
Just to set the record straight.. I don't agree with sellers giving people a raw deal.. however as the buyer you can always just walk away.. there is always next time!
Rob