In the case of scout assigned to examine a barn find how long is info privileged? | FerrariChat

In the case of scout assigned to examine a barn find how long is info privileged?

Discussion in 'Ferrari Discussion (not model specific)' started by bitzman, Nov 24, 2010.

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  1. bitzman

    bitzman F1 Rookie
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    Feb 15, 2008
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    Ontario, CA
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    wallace wyss
    I used to look for old ferraris in the '80s. On occasion I would find one and make a report to the potential buyer (who was providing the lead info on where the car was) but he would not always decide whether to make a bid on it.

    I am trying to see what most people think is the ethical way to go (yeah, ethics in used cars, doesn't seem possible, does it!) but let's say I am in Los Angeles and he sends me to look at a car within 100 miles and pays for the gas and film and hey maybe a hamburger along the way. But then after I send him the pictures he never decides, never gets back to me on that particular find. Meanwhile the car is a genuine barn find V12 and going up in value.

    I think the proper way to go is for the scout to say before he takes the assignment: "If you don't buy it in one year (0r whatever time limit you want), let me find another customer."
    On the other hand, some might say: "No, he who is paying the expenses owns the info and is the ultimate decider on what happens to the information." I think in non-car situations this is true, if someone hires a private detective to check out somebody and assemble a dossier on them, it it's the client who decides what to do with the info, maybe nothing. But the detective can't go shopping the info around as it is privileged info.
    One other angle is, if the scout finds a lead on a car on his own, I think he then has more control over the ultimate dissemination of the info and can rightfully impose a deadline on exclusivity, saying something to the client like: "I found this
    275/250-whatever and I'll hold it exclusive to you if you want me to go out and inspect it, but if you can't let me know your decision in one week/month/etc. I will then feel free to shop it around."
    Does anybody else have experience in sending out a scout--guidelines they have laid down as to what happens to the info if they pass on a car that their scout found?
     
  2. Rob'Z

    Rob'Z Formula 3

    Mar 29, 2008
    1,024
    Tucson,AZ
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    Robert
    Contact him and see if he still wants it? If not then buy it or tell us about it. ;)
     
  3. SrfCity

    SrfCity F1 World Champ

    Seems like if the guy passes than it'd be a courtesy to ask if you could pass along the info to that "buyer" you've got that may be interested? ;) If for some reason it got back to him that you went behind his back you can forget being a "scout" again. If you find the gem than it's yours to do what you want as long as you didn't find it on the other guy's nickel some how.
     
  4. BigTex

    BigTex Seven Time F1 World Champ
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    Dec 6, 2002
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    Bubba
    If you find it, it's yours, if he sends you out, it's his.......
     
  5. bitzman

    bitzman F1 Rookie
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    Feb 15, 2008
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    wallace wyss
    So for example I find a barn find and the potential buyer commissions me to go there at his expense and
    photograph it and find the price, it's still "mine" to offer to someone else if the potential buiyer who has paid the expenses rejects it (granted he could have some months to decide) But if he is the one who sent me the lead, the info gained on this foray is his forever unless he deigns to release it. Does that sound hunky dory?
    (I'd like to see you explain hunky dory to a foreigner...)
     
  6. SrfCity

    SrfCity F1 World Champ

    Yea, he has to give you the word that he no longer cares about it and it's OK for you to mention it to a friend or two. IOW you can't go behind the guy's back. It'd be best to have an interested party lined up beforehand so you could ask if it's OK to show the guy? I wouldn't make it look like your shopping a lead around you found on his dime. Plus it'd make sense to say, "hey Joe you know that X car I checked out for you, I have a friend looking for a similar car. I wanted to see if it'd be possible to talk to him about it with your OK, especially if you decided not to buy it?" If he says yes, in future you could casually ask if he minds if you pass along info to an interested person on a car he doesn't want? Maybe cut him in if you find a buyer on a car he's decided not to buy? Anyway, you get the drift.
     
  7. Kjell

    Kjell Karting

    Nov 3, 2003
    56
    Shouldn't it be the owner of the car that is the ultimate arbiter?
     

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