Feedback systems do help but are not foolproof...
[QUOTE=bmwrider88;884678]Feedback systems in buy/sell forums DO help, IMO. Look at eBay, with their feedback/ratings system. Folks can give negative feedback, receivers of such can respond, and all posts related to feedback can be viewed by others. I've seen feedback systems in place on other buy/sell forums as well- Audiogon, for example, comes to mind.
I admit I don't use the Flea Market enough to know who sells there, or who the buyers are. It might not be completely practical for use in a place where maybe a seller or buyer has a only a one time transaction... BUT such systems, when they ARE in place, DO work. Feedback systems protect everyone involved without a doubt.
IS this a useful and practical concept for us?
I once bought or should I say paid for a knife on Ebay made by the late "Jimmy Lile." This was about 6 years ago. The seller had excellent feedback and score. He said in the listing that he accepted cash in person or money order by mail. I had never sent a money order on ebay before but thought, "well he has an excellent feedback score, so it should be ok." I sent him the money order made out for $650. thinking that Ebay was safe and that I would receive my knife.
Well I never got that knife. After a month trading emails with this jerk and talking with Ebay reps, I filed complaint with Ebay, which went no where. Filed complaint with my local police which went no where. Finally found out that the Ebay account holder was actually dead and his sorry ass, no account brother was using the dead brothers computer, email and account running his scam on who knows how many people, until he disappeared. Yes, Ebay finally cancelled his account and it taught me a lesson; I only use paypal now.