I recently had an item auction on ebay with a buy it now option. A buyer purchased the item using Buy It Now and then requested that I give him 3 days to pay which I duly did. He then requested an invoice minus delivery on the 3rd day as he wanted to pick the item up and again I obliged. At 11.30 pm on the 3rd day I sent him a reminder that the item was still unpaid and reminded him of our agreement terms which were that he had 3 days to pay for the item. Subsequently he did not pay and at 00.35 I sent him a message informing him that the 3 days were passed and by the terms of sale I would no longer sell him the item and had probably lost a sale due to him using Buy It Now and then not paying up. I now have a negative feedback because he had a tantrum because he could not get his own way and it transpired that he was hoping to sell items himself to fund the purchase and he was planning to re-sell the item anyway. Sellers should not be held to ransom with threats of negative feedback from buyers who do not pay up and then say that your the one at fault for not selling, as the rules say that once you click Buy It Now you are entering into a legally binding agreement to purchase the item within the terms set between you and the seller.
THE MORAL OF THE STORY IS: BEWARE BUYERS WHO DELAY PAYING UP BECAUSE IF YOU DON'T PANDER TO THEM THEY LEAVE NEGATIVE FEEDBACK AND IF YOU DO THEY JUST TAKE EVEN MORE LIBERTIES. ALWAY'S INSIST ON PAYMENT NEXT DAY AT THE LATEST AND WARN THEM OF THE CONSEQUENCIES OF NOT PAYING UP ON TIME. SELLERS SHOULD BE ALLOWED TO COUNTER NEGATIVE FEEDBACK IF THEY HAVE PROOF THE BUYER IS WRONG.