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What ever happened to the handshake deal

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cj in wisconsin

08-23-2007 05:47:25

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I know, I shouldnt be so naive, but last week I went and talked to a guy about a tractor. Could not get it that day but agreed to come down before the week was over to try and make a deal. His last words to me were,"Dont worry I wont do anything with it until you look at it" shook my hand and we parted ways, three days later I called him and he tells me another guy showed up with a trailer and some money so he loaded it up and sold it to him. I know money talks and BS walks but it seems a little crappy to break your word that easily. Oh well probably dont need another tractor any way. Just had to vent.

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TomTex

08-23-2007 18:40:08

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

I always tell any prospective buyer, that "It is sold as is, where is, and the first buyer to put cash in my hand owns it. I don't take deposits, down payments, or hold anything for anyone. Tom

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Clint Youse MO

08-23-2007 17:21:18

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

well I do not know what happened to trust or his word but he should have kept it if every body was just man enough to say yes or no it would be a lot simpilier I buy and sell show cattle on a word a lot tell them I will take them at a month old in June and pick up and pay for them when weaned in Sept works for now I gt burned and I dont go back to that place if they cant trust my word I do not trust there only thing I ever left a deposit on the guy sold that implement before I made it 3 days later to pick up took me 3 months to get my money back deposit and reciept means didily squat and the court order in small claims dont make low lifes pay either.

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John M

08-23-2007 17:15:05

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

What color was the tractor? Just wondering.

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LenND

08-23-2007 15:18:45

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

When I was growing up in our part of the country when you made a deal with a handshake-it was a done deal. You either bought it, traded it, or sold it. Of course you never shook with someone who was not trusted. Where did this old time trust disappear to.

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Roy in georgia

08-23-2007 15:16:59

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

I had a guy tell me on the phone (I'll wait till you get here before I sell it) it was a john boat that was 50 plus miles from my home. left my house told him I was on my way I would be there in 1 1/2 hours got there and he said someone came by 1 hour ago and bought it. After telling him where to stick his word being that he knew I was coming a long way with cash to see the boat and sure I was going to buy as long as he told me the truth on condition of the boat, I left and bought a boat 8 miles from my home. That is the kind of word someone should keep or at least ask the other person to wait and see who wanted it most $$$$$$$$$$$$$$$$$$$$$$$$$$$$

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Randy-IA

08-23-2007 19:21:49

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Re: What ever happened to the handshake deal in reply to Roy in georgia, 08-23-2007 15:16:59

I had a similar experience . I called a guy in the morning about a post hole digger and told him I'd call after work to see if he'd sold it yet . he was about an hour from my house . I called after work and he said it was still available and gave me directions to the nearest small town . About 5 minutes from his place . I got there and called again for directions and he said he sold it 5 minutes before I called . I pretty much came unglued and told him in no uncertain terms how he was going to rot in hell for being such a lowlife lier and cheat . I hate to not be able to trust people but that's the way it is I guess . Nobody here or anywhere keeps their word anymore if the almighty dollar is involved . That's much more important than personal pride in being trustworthy these day's . ...Randy

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mark

08-23-2007 14:41:30

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

A man's word is his Bond.

If he doesn't keep his word, he's a lyin' SOB.

Now paint it any color you choose.

What has happened in this country is the fact that all people trust in is CASH. Gimme the money and to hell with the rest. If that weren't the case..if somebody says they will buy it and never returns....you still have your property...you've lost NOTHING. But, no..... ...you wanted that money.

There was a time when a certain religious sect in this country was reviled because of their love for money and people who acted like that were called that name. Honest folks found it disgusting for people to harbor such greed. Now everybody acts that way..and it's still disgusting.

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JDknut

08-23-2007 14:30:11

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

sounds like he went back on his word when he said he wouldn't do anything with it until you came back and then he sold it on you. He should have at least been honest and said that that was fine but if someone came up with the cash first, he'd sell it to them. I learned, like the others say, that money talks and BS walks and if you snooze you lose. It is a disappointment, but a lesson learned, at least.

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Bill from Scotland

08-23-2007 14:01:34

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Hi Guys
I think it was great when you could go see something for sale, check it out, have some banter (haggle) on the price then shake hands on the deal. I would always insist on leaving a reasonable deposite which the seller. I would ask the seller to write out a recept for the payment received including a stipulation when the rest should be paid by and when the item should be collected. This approach worked well for many years in Scotland working very much on trust (a gentlemans agreement with a small paper token as comfort for the buyer). The world has now become a much smaller place and people now buy using various forums and means of communication to make contact including this very one as well as Ebay etc. This can stretch that link of trust. Most people have had good and bad experiences with buying and selling but we just need to have some faith in the human race because I know there are still a lot of good and genuine people out there. I meet lots of them when I visit either Canada or the USA each year on vacation and have made some good deals on tractors when meeting face to face. There are certain countries however that wouldnt be happy dealing with. Now the crunch - how is it that some of you guys wont do a deal with someone when they see a UK E-mail address even if we are willing to communicate and set up realiable payment and trucking?

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Rustyj14.

08-23-2007 19:29:50

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Re: What ever happened to the handshake deal in reply to Bill from Scotland, 08-23-2007 14:01:34

I think what has happened to your buying something in the States, from England, or anywhere else out of this country, is because of the Nigerian Scammers! They send out a letter saying they will send you a cashiers check, you crate the item, cash the check, take care of all shipping expense out of the money from the cashiers check, and send them whats left! So, they have the item, and your money! And a month later, you get a letter from the bank, saying that the cashiers check was phony----how do you intend to repay it? And thats why folks are reluctant to sell anything out of the country!

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Bill from Scotland

08-24-2007 00:22:06

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Re: What ever happened to the handshake deal in reply to Rustyj14., 08-23-2007 19:29:50

Yes you have got it in one. I couldnt agree more which is a pity because I think we could all do well out of this. I am interested in US and Canadian tractors and you guys have them for sale.

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mjbrown

08-23-2007 13:10:48

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Ask yourself this question. If you had paid the man full cash price for the tractors on your visit planning to come back to get them in a week let's say, would you be happy with a handshake or would you feel better with a reciept with serial numbers etc. ?

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Dick L

08-23-2007 12:06:35

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Money does not always seal the deal. Several years back I answered an ad in the classifieds form this site. When talking to the person on the phone we made a deal for 6 tractors. I wrote him a check and put it in the mail. I lined up two other people that wanted one of the tractors with ton trucks and 25 foot trailers. We had found a date to pick up the tractors and I called the fellow and told him we would be their in two weeks. About a week later I received the check back in the mail with a note stating that he had sold them to someone for 200 dollars more than I had sent. He set the original price and I did not send him less than he had ask. I was not real happy but at least I didnt have to fight to get my money back.

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cj in wisconsin

08-23-2007 12:06:25

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Man I love this forum. Answers as diverse as if I asked who makes the best tractor. I did word my ? wrong, did not intend to make it sound like I was going to chisel the guy on price, but i do live 100 miles from him and saw him at a tractor show between the two of us and did not have the trailer with at the time

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RossIL

08-23-2007 11:46:03

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

No offense but you say "try to make a deal" so as I see it there's no guarantee for the seller you'll even agree on his bottom price. The other guy came along with cash. If your really wanted it you could've agreed on the price paid for the tractor and came back for it.

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davpal

08-23-2007 10:19:33

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Sorry you think the guy did something bad but he didn't at all. A handshake is a "hello" goodbye" type of gesture, nothing more, nothing less. A deal is done with some form of contract or an exchange of currency. This was an important (or not) lesson in life as how to buy your next tractor. Take some cash with you next time and your results are sure to be different. Our elders did deals with hanshakes because most of the time they didn't have any money and a promise was all they had to pay with. Times are different now and people need to get on the ball if they are buying something and not expect any more from the seller. I have been on both sides of the deal. Now if I want something I go prepared. Simple as that.

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135 Fan

08-23-2007 10:19:10

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Handshake deals and tractors don't mix! If harry Ferguson was still alive he'd tell you. It was kind of a bad deal for you but if you look at it from his perspective, you hadn't made a deal yet and it was 3 days later when you called him. It has always been my experience that if you snooze you loose. You might have done the same thing if it was your tractor? Dave

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MF Poor

08-23-2007 10:03:17

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

First off, the seller shouldn't have made a promise he couln't keep. But then again, he probably shouldn't have made the promise at all, regardless of his plans to keep his word or not. I can't begin to count the number of people who've looked at something I had for sale and told me to consider it sold and that they'd be back the next day with the money. I'm still waiting for that next day on a BUNCH of 'em. Nowdays I insist on a deposit of some type or it's still for sale.

Until it's in the boat it's just a fish story.

And, sadly, you can't take most people at their word anymore. So to be fair, I don't take anyones word when it comes to money.

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Moo

08-23-2007 09:34:09

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

The handshake deal is lying six feet under next to common sense, gas for a dollar, and the small dairy farm...

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alan bane

08-23-2007 08:15:28

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

A man is as good as his word.I have had the same thing happen to me several times. Anymore ,if I want something I buy it on the spot or if I have something to sell ,first come ,first serve with out making any promises.I have had a lot of people promise me they would be there to look at something and never show up.Most are honest and you can stand by their word but others aren't. The sight of money changes a lot of minds.

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cj in wisconsin

08-23-2007 07:54:33

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

I just like it when people say what they mean and mean what they say. I have no hard feelings and feel no ill will toward this person. Thanks for all the feedback..

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Mr Bob

08-23-2007 10:04:53

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 07:54:33

That's the way I've always tried to live. If I tell you I'll be over to help you at 8AM tomorrow, I'll be there lest some catastrophic event prevents it. By the same token I tell you "don't EVER do that to me again; well, ifyou ignore my words, you'll find out I mean what I say.

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Vern-MI

08-23-2007 07:23:56

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

CJ the next lesson will be NEVER sell to or buy from relatives. You got the lesson number 1 for free, don't make the next one cost you your hard earned money.

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Ken Crisman

08-23-2007 07:23:27

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

The handshake agreement went out the window about the same time Bible reading & the Pledge Alligence went . The American poeple didn"t think it possible but here we are . Trust no one without seeing the greenbacks is my moto . I was in my own business before disability hit & had many bad dealings with the public . Needless to say , I lost alot of my money into other peoples homes . Even alot of wives can"t be trusted anymore (my own experience) .God bless, Ken

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Dave from MN

08-23-2007 09:40:35

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Re: What ever happened to the handshake deal in reply to Ken Crisman, 08-23-2007 07:23:27

"The handshake agreement went out the window about the same time Bible reading & the Pledge Alligence went." Ya it pretty fricken sad isnt it. It isnt what your word is worth anymore, its about what you can get away with, and who has more loopholes to make it legal. This country is going more and more to a high class over low class society. You wait, are kids beter get one heck of a good education and job, or they will be a servant to the rich. Period. Some say it is gonna take a civil war or a coming of Christ before the US changes back to the way our grandparents behaved.

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08-23-2007 07:09:41

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

In my dealings, and this by no means I am referring to you, but a lot fo people will not tell someone out right that they do not want something, I guess their pride gets in the way, or they will say, yeah, I want it, get home and realize they do not have the funds to buy it or momma says NO. So instead of calling back, they just avoid the person selling what they want and leave someone hanging out. I had a tractor I sold a month or so ago and I had 3 people look at it, tell me they wanted it, was going to go get a trailer, no money left, and never came back, so I guess the best thing to do is to take a receipt book with you, pay for it, then go back and get it.

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Tradititonal Farmer

08-23-2007 07:06:03

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

I've learned if its a deal jump on it right away.
A guy wanted 2 rims and I picked them up at a parts yard I frequent 150 miles from me.I called the guy and told him I had his rims (I had paid for them he had not paid me).6months passed and I saw him at an auction he said he'd be by to pick up his rims 'next week' 2 more months went by and a fellow up the road needed some rims just like them so I sold the rims to the guy up the road.I'll bet the first guy will show up one day and be pissed the rims are gone,never mind I had my $$$ tied up in them for over 8 months.In your situation the fellow should have told you
that the first one with the cash will get the tractor though.

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John (MO)

08-23-2007 06:53:10

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

A hand shake is a nice gesture, but a BILL OF SALE makes it LEGAL!!!

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georgeky

08-23-2007 06:43:41

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

A few years ago a buddy and myself were at another guy's place who lived up the road a few miles looking for a part for a Super C. While there the guy, who is in a wheel chair and I've known for years told me he was going to quit the parts business as he couldn't keep help and was unable to do it himself. Said he was selling everything. He 5 SC and 200 tractors in pieces, but enough parts to build at least 3 tractors. I ask what he wanted for all 5 and he replied 700 dollars. I said I'll take them and pulled out my money and told him it would be a week before I could get them as we had a lot of hay down. He said weel just hold on to your money and pay me when you come for them. One week later me and my buddy hooked up the gooseneck trailer and headed over there with it and the 2940 with loader to get my tractors. On the way I saw his Van at the store and stopped to tell him we were on our way and tried to pay him again and he then told me he had sold them to a used parts dealer for 500 dollars. I have never had any more dealings with him.

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MLD

08-23-2007 06:25:27

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Well, I've been on both sides, I usually tell the person if someone elses comes along I'm going to sell it, unless for some reason I really trust the person. I past experience I've found that the ones that say they'll call you or be back..... you NEVER hear from again!!!! If I'm buying something & really want it, & can't get it that day or don't have all the money. I ask to leave a couple hundred(get a recipt) & schedule a time to complete the transaction. I like handshake deals myself, but it just doesn't seem to work anymore like in the old days.

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john in la

08-23-2007 06:17:02

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

A lot of poeple will tell you they will be back in a week and never show up. They really do not have the money; or got to clear it with the wife; or what ever. Sorry but the first guy with cash in hand makes the deal.

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Sid

08-23-2007 06:51:58

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Re: What ever happened to the handshake deal in reply to john in la, 08-23-2007 06:17:02

I disagree. When the seller,shook hands with cj they had a deal. The seller broke that deal.

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Jonfarmer

08-23-2007 15:16:16

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Re: What ever happened to the handshake deal in reply to Sid, 08-23-2007 06:51:58

After you deal with the public a few times, you'd learn that people lie an awful lot. They'll tell you they will do something that they have no intention of doing. People will shake your hand, but that truely means nothing to most of them. I've heard the "I'll go get my trailer and be right back" or "I think I'll take it" and never see them again. If you had something to sell and were counting on people doing what they say they are going to do, you might be in for a rough time and a wake up call. People say they are going to do alot of things that they never do, like most of my new years resoulutions and I'll bet that you yourself declaired a few things you said you were going to do that you didn't.

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James22

08-23-2007 08:15:30

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Re: What ever happened to the handshake deal in reply to Sid, 08-23-2007 06:51:58

I disagree, CJ said he would show up and "try" to make a deal. My interpretation might be that he was trying to screw me down. However, I would have prefaced any agreement with the warning that is someone else arrives with the required money it is gone. Ideally the seller should have called CJ and told him that he had someone looking at the tractor and if that person offered an acceptable selling price then he was going to sell. In contrast if CJ wanted it bad enough he could agree to the seller's price on the phone or go and see the tractor and agree on a price before the other potential buyer shows.

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Coloken

08-23-2007 06:12:32

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

You say.."to come down before the week was over to try and make a deal". Why didn't you buy it then? No way can a seller not sell to a buyer and wait for some one who might or might not, come back. I used to sell at gun shows. We called buyers like that "bebacks" and never gave them a second thought.

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Sid

08-23-2007 06:37:55

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Re: What ever happened to the handshake deal in reply to Coloken, 08-23-2007 06:12:32

"No way can a seller not sell to a buyer and wait for some one who might or might not, come back." Then the seller should have made that clear in the first place. The original post is about, keeping your word. The seller made an oral statement(to not wait) he did not wait as he said he would. cj in Wisconsin came back in three days, he had every right to expect it to be there and have a chance to talk to the seller again. The seller in this case is wrong. He did not keep his word.

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Sid

08-23-2007 06:37:35

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Re: What ever happened to the handshake deal in reply to Coloken, 08-23-2007 06:12:32

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cj3b_jeep

08-23-2007 06:11:15

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

Seems more and more, when I'm selling something, people will ask me to hold it for them for a week or more while they get the money up. Meanwhile, other prospective buyers with cash are put on hold. Anymore, I tell people that the first one with cash wins.

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Jonfarmer

08-23-2007 10:20:29

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Re: What ever happened to the handshake deal in reply to cj3b_jeep, 08-23-2007 06:11:15

I got a car that I am asking $1,000 for, and for some reason, everyone thats came along either tells me they think they want it, but have got to talk it over with someone else and never come back, or a couple of them don't have any money and try to get me to take a down payment to hold it with no guarantee they will ever come up with the rest. Had one fellow offer me $100 to hold it for him, and another fellow offered $300, but told me it would be awhile before he could get the rest. I told them both I wasn't willing to do that and it would be sold to the first person that comes along with 100% payment. Both of them were upset I wasn't willing to do this for them, but theres no guarantee I would ever see any more money, and if someone comes along with the money, I want it gone, I don't want the car sitting here for forever while trying to get my money.

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rrlund

08-23-2007 05:55:08

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Re: What ever happened to the handshake deal in reply to cj in wisconsin, 08-23-2007 05:47:25

I've been on the other end too many times to hold anything without a big deposit anymore. One for many many tens of thousands of dollars on my dairy herd. He guaranteed me the loan was approved but he needed a week. Meanwhile somebody else showed up wanting them. I told him they were sold. Well,a few days after the first guy was supposed to be back,I called him twice,heard him in the background telling the kids to tell me he wasn't there. So,if you want something,better at least put something down. It goes both ways.

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Ray

08-23-2007 10:49:41

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Re: What ever happened to the handshake deal in reply to rrlund, 08-23-2007 05:55:08

I don't like down payments,that's usually the type of person who will back out a week later wanting his money back,or take 6 months to come through on the deal.

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Rustyj14.

08-23-2007 19:44:17

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Re: What ever happened to the handshake deal in reply to Ray, 08-23-2007 10:49:41

Many years ago, i had a 1940 Ford Coupe for sale, for $200. (Back then we could buy fine running and fine looking cars for $200, or less!) guy i worked with started making payments on it, $25 a week. paid off about $80, then disappeared for about 4 years. Came back, wanted to finish paying for the car. I had sold it the year before, figgered he must have died, or left town! Well, he had left town--for the slammer! He wanted his money back, but things were tight for us then, so i couldn't scrape up the cash, and i had sold the car. He was mad, but i asked him what if he had died, or was in jail! He was, so it turned out!

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Jonfarmer

08-23-2007 14:47:00

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Re: What ever happened to the handshake deal in reply to Ray, 08-23-2007 10:49:41

I had one fellow, and its the same guy who offered me $100 down on this car to hold it for him. He bought a motor from me a few years ago for $300, he paid me in payments on it, which turned out to be $20 a week, and some weeks he would come back and ask for that $20 back so he could buy something else with it. He took the entire summer to pay me for that $300 motor, and then he finally came and picked it up, took it home, and a few days later he came back to me and told me it wasn't any good and wanted his money back. I told him no way, that he owned it. Come to find out he wanted his money back after he had taken it home and torn it apart, breaking things in the process. Basically after all that trouble getting my money out of him, he took it home and destroyed it, then wanted to return it for a full refund.

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rrlund

08-23-2007 11:30:59

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Re: What ever happened to the handshake deal in reply to Ray, 08-23-2007 10:49:41

That kind of reminds me of another story. My uncle sold an old van one time. The guy paid him cash in full,took the title and never came back to get the van. Since it was cash,he didn't even have the guys name. There was a trafic fatality later that same day not too far away. He always wondered if it was the same guy. I myself wondered if he didn't just have one just like it,in good shape that needed a title for some reason.

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terryjd98

08-23-2007 21:28:32

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Re: What ever happened to the handshake deal in reply to rrlund, 08-23-2007 11:30:59

Myself I would think something must have happened. If he just needed a title he would also need the vin number from the dash also wouldn't he? As for handshake deals its too bad things are like that now days. I have done a few handshake deals usually with me as the buyer. A man is only as good as his word and I was taught to be a man of my word. Too many seem to not have the morals or or guts to be a real stand up man. Sad state of affairs.

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