http://bunnystrut.livejournal.com/ ([identity profile] bunnystrut.livejournal.com) wrote in [community profile] artists_beware2014-10-01 01:09 pm
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Artist Beware : Fenrisu

WHO : Fenrisu

WHERE : http://www.furaffinity.net/user/fenrisu/

WHAT : Backed out of YCH http://www.furaffinity.net/view/14645993/ (NSFW)

WHEN : YCH Started on Sept. 28th, they bid on it then, then backed out October 1st

PROOF : http://i.imgur.com/bowqkJT.png

EXPLAIN : Quite simple situation, Fenrisu backed out of a YCH I posted, they bid twice, first the $25 then a $45, then decided on October 1st, that they didn't want it anymore and to give it to the person behind them. I already have it clearly written in my rules to not do this and they ignored it.

I am posting this A_B so other people can watch out for this person and be wary of them.

[identity profile] sableantelope.livejournal.com 2014-10-03 02:05 am (UTC)(link)
In the States it applies soon as you set up what can be considered a properly legal auction, which is why I recommend sellers take the time to add a some more info and set up a basic agreement part of their auction terms to benefit from that binding bid protection.

In other countries who have different laws with auctions, yeah not so much(previewing for example is a big part of auction law here in my country, no so much in the US). FA is in the US, so auctioning through FA puts your auction under US auction laws. US business law in general tends towards making it as easy to business as possible. So you make a little effort on your end and can reap the protection as a seller.

An auction site becomes an auction site by setting up auction terms according to laws in their area, nothing particularly special about it. Usually what they do in particular is set up terms to limit their liability in terms of how responsible they are for auctions gone wrong, it does require some vigilance, though. Less than FA staff tends to want to do so I'm guessing some day on FA a large amount involved auction is going to go wrong and FA is going to face blow back damage from it and that'll be the end of auctions of FA. I hope not, I hope people will protect themselves and buyers will be responsible but eeee..it's a ticking time bomb in a lot of ways.

In fact FA would do really well to partner with an auction site and hand off that legal responsibility to Furbuy or Furbid or whatever but make it as easy for FA users to bid on the partner site as possible.

Selling some kinds of items(real estate for example) and some types of auctions need to be registered in some places, generally simple sale kind of auctions don't need to be.

Basically if buyers would only bid when they can and will pay, and sellers protect themselves with how they set their auctions up then auctions go smoothly on FA and everyone will be happy.

[identity profile] sableantelope.livejournal.com 2014-10-03 02:19 am (UTC)(link)
I mean licensed, not registered sorry!! Registration comes with the license, but what I meant was that some states require a license for some kinds of auctions.

Basically check with your state/provincial law.

If you did live in a state which needs a license and didn't have one but still ran YHC/fursuit auctions you'd be running them with no protection if someone rips you off. You could also get yourself into trouble is someone reported you to auction fraud. Again running a simple auction like most are on FA, and with no Auctioneer(which is where the meat of auction law is focused) I doubt any state is going to make you license and reg that auction.