PASSING THE TEST - Are you OK with a “background check?”

[MrGoat]

I just heard from a guy I know who “knows a guy” that apparently gets first choice on any watch he wants from my AD. He buys many watches a year but flips most all of them. Apparently he gets first dibs and is getting the guy I know a Pepsi at cost.


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[donas]

It's just a watch, I'm not adopting their kid. They make the same profit whether I love the watch or sell it in the parking lot. Simple relationship, seller & buyer, nothing more or less.

[Blansky]

It shows up on their screens from the chip in your head.

And you laughed at tin foil hats.

[Greg 59]

Lol. I still don't understand why after all this time people still think it's the general public doing the majority of selling to the grey market.
Even rolex know they've got a problem with their ad's

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[mitc5502]

If I ever buy another Rolex I’ll just do what I did the last time, buy pre-owned with box/papers from Chrono24. I love Rolex, but the AD nonsense is just out of control.

[donas]

Originally Posted by Greg 59

Lol. I still don't understand why after all this time people still think it's the general public doing the majority of selling to the grey market.
Even rolex know they've got a problem with their ad's

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Originally Posted by mitc5502

If I ever buy another Rolex I’ll just do what I did the last time, buy pre-owned with box/papers from Chrono24. I love Rolex, but the AD nonsense is just out of control.

Agree & Agree

[Polarexplorerii]

Originally Posted by Chewbacca

Jeebus.

Reported!!

[Chewbacca]

Originally Posted by Polarexplorerii

Reported!!

False reported, REPORTED!!!

[brandrea]

Can they check my browsing history?

[brucethemanlee]

not in this lifetime

[77T]

Originally Posted by vh2k

Many ADs do an admirable job trying to ensure that the watches they sell end up with customers who will wear and enjoy the watches for many years — not flip them for a quick profit or immediately sell them into the secondary market.

Would it be OK if your AD conducted a “background check” on you to verify your intentions? Reviewed all your social media posts, your history on Facebook marketplace/eBay/etc., and asked you to physically come into the showroom for an in-person meeting (vetting) to qualify you to buy a watch from them? Are you willing to do your part in the effort to minimize flipping?

Thoughts?

Don’t think it’s worth considering IMHO.

The vetting would be wasted on 98% of the people who walked through the front door.

The 2% of buyers who are flippers are known to the AD who plays that angle methinks.


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[Burlington]

Originally Posted by jamesthejeweller

I was vetted by Rolex Geneva SA before being invited to buy the SARU and the RNBOW. I had to send proof of address and a copy of my ID card

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Could this have also been about anti money laundering given the high value of something so easily transported globally ?

[Chewbacca]

Originally Posted by brandrea

Can they check my browsing history?

For god sake Brian — duck duck go!

[Token74]

I’d have no issue with it. There are a bunch of people on here that moan about flippers, and yet complain about ADs or Rolex doing anything about it. How dare they check my social media. How dare they want to meet me in person. How dare they take the stickers off. How dare they retain warranty cards. Jeez.

It’s the same as moaning that ADs prioritise loyal customers and sometimes manipulate lists. Meanwhile, those complaining are often on lists at multiple ADs.

I’ve no problem with any of it. I’m not entitled to be able to have whatever I want whenever I want. They are the sellers, I can choose to play by their rules or go elsewhere, that’s my choice. How they choose to run their business though, that is none of my business.


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[daveathall]

I wont ever be interviewed to spend my money for a watch, I wont ever be interviewed and judged on how I will or will not treat any items that I want to own. If anything, it is up to the AD to prove to me that they are reliable and worth my business. I do not need a watch that much that I have to prove myself to anyone for the pleasure of buying it. It is a fickle world, as I walk past a boarded up and failed AD, I don't give them a second thought.

Just for clarity, I have never sold a watch for profit, I have never been on any list, I have never bought from a grey dealer, I have only ever bought watches from a brick and mortar shop and have never bought one that is not new.

[Token74]

Originally Posted by daveathall

It is a fickle world, as I walk past a boarded up and failed AD, I don't give them a second thought.

Different strokes for different folks I guess. I spare a thought for every failed business I see.


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[Andad]

The only two background checks that mean anything to me are:

National Police Check.

DCSI working with children and the vulnerable.

[Yzord]

Originally Posted by vh2k

Would it be OK if your AD conducted a “background check” on you to verify your intentions? Reviewed all your social media posts, your history on Facebook marketplace/eBay/etc., and asked you to physically come into the showroom for an in-person meeting (vetting) to qualify you to buy a watch from them? Are you willing to do your part in the effort to minimize flipping?

Thoughts?

Lol, nothing to check here then. I have no social media (posts), no FB or marketplace. I do have Ebay, but i sell nothing, so they can check that.

But yes, i am willing to do my part to minimize flipping. But please do know that most grey selling comes from AD's itself. They are the biggest source of selling watches to greys.

[mountainjogger]

Originally Posted by 77T

Don’t think it’s worth considering IMHO.

The vetting would be wasted on 98% of the people who walked through the front door.

The 2% of buyers who are flippers are known to the AD who plays that angle methinks.


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Agreed.

Stay safe.

[beshannon]

Originally Posted by vh2k

Are you willing to do your part in the effort to minimize flipping?

[GB-man]

No I won’t be submitting background checks or hard credit pulls for my jewelry purchases.

[1William]

Sure, why not. Sell me the watch or don't.

[Blansky]

With this credit report you can't have zee duck.

You can have the chicken.

https://www.youtube.com/watch?v=_ewVNIvKBh0

[V25V]

you have to be kidding me.

[Speedbird-1]

Originally Posted by vh2k

Many ADs do an admirable job trying to ensure that the watches they sell end up with customers who will wear and enjoy the watches for many years — not flip them for a quick profit or immediately sell them into the secondary market.

Would it be OK if your AD conducted a “background check” on you to verify your intentions? Reviewed all your social media posts, your history on Facebook marketplace/eBay/etc., and asked you to physically come into the showroom for an in-person meeting (vetting) to qualify you to buy a watch from them? Are you willing to do your part in the effort to minimize flipping?

Thoughts?

Would you object to TRF, conducting a background check and thoroughly vetting your financial status, criminal record, education records, etc, etc, etc?
We all need to know everything about you before you participate any further here.

Not keen?..... thought so.

[vh2k]

Originally Posted by Speedbird-1

Would you object to TRF, conducting a background check and thoroughly vetting your financial status, criminal record, education records, etc, etc, etc?
We all need to know everything about you before you participate any further here.

Not keen?..... thought so.

Apples and oranges... but it’s a discussion forum, so I’ll answer.

If TRF wanted to keep out certain people who didn’t have a passion for Rolex, there’s nothing wrong with their reviewing publicly available information, and asking a few qualifying questions. They do this a lot for private FB groups.

Now, in the spirit of carrying on the dialog, if I may ask you a question....

Is it logically consistent to be upset with (a) ADs who flip and (b) honorable ADs who try to vet their customers

AND then...

take your business away from good ADs and give it to bad ADs because you don’t want the AD knowing your business or you feel the ADs should just sell the watch to anybody that shows up with money?

[daveathall]

Is this for every watch? If not, who makes the decision as to which watches trigger the vetting process. What happens if a known flipper/Grey dealer wants to buy a watch that doesn't make the vetting list, should the AD sell it to him/her and if they do, are they being "honourable.?" Or are they taking advantage of the market to sell a "normal" watch to someone they have previously judged a bad bet..

[JChips]

Originally Posted by vh2k

Many ADs do an admirable job trying to ensure that the watches they sell end up with customers who will wear and enjoy the watches for many years — not flip them for a quick profit or immediately sell them into the secondary market.

Would it be OK if your AD conducted a “background check” on you to verify your intentions? Reviewed all your social media posts, your history on Facebook marketplace/eBay/etc., and asked you to physically come into the showroom for an in-person meeting (vetting) to qualify you to buy a watch from them? Are you willing to do your part in the effort to minimize flipping?

Thoughts?

It’s their business, they can conduct it whatever way the choose to, within the law.

Just like you can “vote” with your money and chose whether you want that sort of thing or not.

To me, this is the most ridiculous thing I’ve heard. It’s just a damn watch.


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[vh2k]

Originally Posted by daveathall

Is this for every watch? If not, who makes the decision as to which watches trigger the vetting process. What happens if a known flipper/Grey dealer wants to buy a watch that doesn't make the vetting list, should the AD sell it to him/her and if they do, are they being "honourable.?" Or are they taking advantage of the market to sell a "normal" watch to someone they have previously judged a bad bet..

1. The desirable in-demand ones. Everyone knows which ones those are. The ones kept in the back.

2. The store management decides.

3. Not sure I understand your flipper question. But, if the AD surmises the person is a broker or buying to flip, the AD just says the watch is unavailable or they skip that person — which is something that happens every single day anyway.

[beshannon]

Originally Posted by vh2k

the AD just says the watch is unavailable or they skip that person — which is something that happens every single day anyway.

Exactly, the AD sells all of their inventory.

You simply want to alter who it goes to because you are unhappy. Welcome to life, get on with it.