What is the “bait and excuses” tactic?
If a buyer makes an artificially high offer based on an accurate description and then offers dramatically less once the item is received due to trivial excuses or over exaggerated under-grading this is what we refer to as “bait and excuses”. This is not excusable and we recommend you have the item returned immediately or forwarded to Lovelady Diamond for an accurate assessment and competitive offer. Also be aware that the appraisal that you received originally may be inaccurate or over-graded in the description. In this instance the “bait and switch” tactic does not apply if the buyer is being honest and fair with the offer.
