StoutFiles - 5:02 pm on May 5, 2010 (gmt 0)
Websites and online sales general have robust terms and conditions which all users have agreed to and which covers them within that context.
What unwritten terms and conditions are those?
Here we have an agreement between two merchants where no objection or cancellation of same was ever sent.
Considering he doesn't have the item to trade you anymore the agreement is already broken, cancellation or not.
Besides that why would the seller purger himself that there was no deal - he profited practically nothing from it.
His reason for backing out really doesn't matter, but according to your story he sold it for $800 more, which is a good amount.
As for the value, it was sold in an open auction which is a great indication of a fair market value and certainly better than any appraisal ...
What happens to the domain when it's not in the hands of the buyer or seller has no precedence to this case legally.