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6 April 2020, 05:33 AM | #1 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2019
Location: Mississippi
Posts: 38
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Sale Advice
Ive never sold a watch on the web, so looking for some opinions.
I have a buyer that is willing to wire me money and have me send the watch to his friend here in the US. The buyer is in Europe. I am selling the watch for less then $1500, not a Rolex. Sounds fishy to me but being new to this I thought best to get opinions. I plan to call my banker for his view also but dont want to bother him with something this trivial on a weekend in the current climate. Thanks |
6 April 2020, 06:10 AM | #2 |
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Location: San Diego, CA
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In general IMO, if you're uncomfortable as the seller or buyer.... Probably smart to walk away.
But if the wire lands and finalizes (not ACH etc) in the account... There's basically no recourse for the buying party so it'd be safe for you to ship the watch as agreed upon. |
6 April 2020, 06:59 AM | #3 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
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Quote:
Sounds fishy. But if you’re desperate to move it, then have the friend send a postal money order. Clearly the buyer is in no rush to get it in hand any time soon. By having the friend send the money, you have delivered the watch to the person who paid for it. If you do the deal as structured, the buyer could claim it wasn’t “as described” months later. Sent from my iPhone using Tapatalk Pro
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6 April 2020, 07:35 AM | #4 | |
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Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
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Quote:
This has all the trappings of a headache far greater than $1500. “I didn’t get it” “ my friend didn’t get it.“. “It wasn’t as described“. Sent from my iPhone using Tapatalk |
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7 April 2020, 03:03 PM | #5 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2019
Location: Mississippi
Posts: 38
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Thank you all for the helpful insight.
My gut tells me to walk away, I dont need to move it. Its been sitting for years and can continue. The above response made me laugh, as that is exactly how I feel at this point. Not even worth my effort Thanks again everyone |
7 April 2020, 03:28 PM | #6 |
"TRF" Member
Join Date: Dec 2007
Real Name: Roger
Location: Colorado
Watch: this ya'll
Posts: 4,812
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I did just what you are talking about with a $3200 watch. I shipped it to his brother in San Francisco, who he was visiting in a few months and would collect the watch then. I had the buyer agree to have his brother inspect the watch for acceptance as I was unwilling to be on the hook for months, to which he agreed. I researched him as a buyer through a work email account and LinkedIN account. It went fine. You just need to come to terms you can both agree with.
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Current Collection: Rolex 116710BLNR & 216570 polar Explorer II; Omega Apollo 8 Speedmaster; Tudor BB Bronze Bucherer Blue Edition; Heuer Heritage Autavia; Nomos Club Sport Neomatik 42; Breitling Aerospace, Avenger Blackbird, & Superocean 44; Seiko Black Monster; Mickey Mouse Timex Electric; and dare I say it...an Apple Watch too |
8 April 2020, 04:00 AM | #7 |
"TRF" Member
Join Date: Jan 2016
Real Name: Mo
Location: Dubai
Watch: 1675 GMT, DRSD
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Can't you ship the watch to his friend with an 'adult signature required' for acceptance? This way he cant use the "I never received it" excuse. As long as you both agree to T&C and that you're not responsible after delivery etc and ofc, you send it after the transfer is finalised, then I dont see an issue. I would get your banker's view as well, for future transactions.
Seems like the buyer's taking the risk here, not much you. But ofc, if you're not comfortabe, yea, walk away from it. |
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