First-time seller. Should I be worried about the transfer of ownership?
I sold my motorcycle on July 18. The buyer claimed it was for his dad, so I handed over the unit along with the OR/CR. Later, I checked his Facebook profile and realized he is actually a buy-and-sell agent—my motorcycle was already posted for sale on his page.
Recently, he swapped the unit with someone else. I know I no longer have a say in what he does with the bike, but I'm getting paranoid because the motorcycle is still active under my name on my LTMS portal.
Before handing over the OR/CR, I made sure we both signed an Acknowledgement Receipt and Transfer of Possession form. I also secured a photocopy of his ID with three wet signatures.
Since this is my first time dealing with the buy-and-sell market, I'm not sure if I should follow up with him regarding the transfer of ownership now that it's with a new owner. I'd like to know how transfer of ownership usually works with buy-and-sell agents, and whether I should be worried despite having all these signed documents in hand.