Informing the buyer of a previous offer
Machine translationRead the Arabic original
Question:
Among the questions that have come in, one says: If a buyer offers a price for a commodity that is lower than what is expected for it in the market, is the seller required, if asked about the offer, to inform about this offer?
Answer:
Yes, if he is asked how much it will sell for, he says such and such. And if he is not asked, he says, "I want to sell it for such and such," or "I bought it for such and such," so that this does not become *najsh* (artificially raising the price). Yes.
Among the questions that have come in, one says: If a buyer offers a price for a commodity that is lower than what is expected for it in the market, is the seller required, if asked about the offer, to inform about this offer?
Answer:
Yes, if he is asked how much it will sell for, he says such and such. And if he is not asked, he says, "I want to sell it for such and such," or "I bought it for such and such," so that this does not become *najsh* (artificially raising the price). Yes.
Source
نور على الدرب - الفوزان - 03/133 — archive.org (17:30)
The Arabic text is a machine transcription of the audio recording.