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View Poll Results: AD performing a “background check” | |||
YES - I have nothing to hide and it will prevent flipping | 41 | 28.67% | |
NO - It’s nobody’s business / ADs should sell to anyone | 83 | 58.04% | |
Don’t know / Don’t care / Other | 19 | 13.29% | |
Voters: 143. You may not vote on this poll |
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14 August 2020, 10:16 AM | #121 | |
"TRF" Member
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Posts: 189
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Quote:
No, you are right. It’s their (AD’s) business and they should be allowed to conduct it as they see fit. I’m not arguing that they shouldn’t be allowed to decide who they want to sell to or not. I’m just surprised that there are enough buyers out there that are willing to go along with the nonsense. Sent from my iPhone using Tapatalk |
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14 August 2020, 10:41 AM | #122 | |
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Real Name: Jim
Location: Westchester NY
Watch: 116500 116518LN
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Quote:
Anything listed on eBay was also listed on TRF - so you can see what I have sold. Predominantly vintage pieces. I have kept every new Rolex purchased from an AD since 2012 - Most modern watch sold was an Omega Speedy Tuesday that I just didn’t fall in love with - if it doesn’t tickle you when you check your wrist it’s not the right piece. Any who - all in good fun. Sent from my iPhone using Tapatalk
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Remember what matters. Value everyday |
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14 August 2020, 10:43 AM | #123 |
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Join Date: Aug 2019
Location: New York City
Watch: BLNR
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If an AD told me they had to vet me to see if I qualify to buy a watch from them I would laugh in their face.
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14 August 2020, 11:12 AM | #124 |
"TRF" Member
Join Date: Jan 2020
Real Name: KP Jimmy
Location: Singapore
Watch: R/AP/FPJ/Hermès/et
Posts: 6,597
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This past weekend, AD asked me for my profile when I was there to seek out availability for a low production piece - not PP/AP/Rolex. I politely declined, told them they could go look me up on LinkedIn but I wasn’t about to give personal social media or other profile info. They were polite and said no problem. Now... time will tell if my refusal created an impediment or not.
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14 August 2020, 11:20 AM | #125 | |
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Quote:
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14 August 2020, 11:23 AM | #126 |
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14 August 2020, 12:42 PM | #127 |
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I respectfully disagree. If you buy a watch with the sole intention of reselling it that’s a completely different circumstance than a person buying a watch to add to a collection only to realize later it’s not working from them. Just because someone can afford to buy a Rolex doesn’t mean they can afford to hold onto one they decide they won’t wear. Especially if letting it go means they can now move something else in. In that scenario the AD is selling two watches instead of one. Why should the AD care in that scenario that the buyer had to sell the first to get the second. Should the buyer in that case throw the unwanted watch in a junk drawer, never to see the light of day again, to please an AD who by the way is now losing a sale. There’s a big difference between a genuine collector in search of the ever elusive perfect collection and the grey market profiter. I think you judged him to harshly.
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14 August 2020, 06:54 PM | #128 | ||
"TRF" Member
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Real Name: Dave
Location: England.
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Posts: 7,305
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Quote:
Just for info, every AD buys and sells watch for a profit, they flip, thats what they do, exactly the same as any retail business. What you seem to be saying is that once one buys a watch, it should be owned for life. Are you saying that a Rolex AD can stifle any competition by default? That once you sell a Rolex, for any reason that you should not be allowed to buy another one? Is that what you are saying? You have said above that it is not illegal, then why the interview? I will answer your question, unlike you who has ignored questions to your "discussion topic" that may be difficult to answer. I don't think any AD should have a discriminatory policy for selling any watch. Here's some of the questions that you ignore, there are others that don't sit well with your view; Quote:
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14 August 2020, 09:08 PM | #129 | |
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Location: Marietta, GA
Posts: 3,248
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Quote:
He also ignored my question if he willingly subjected himself to a background check and vetting... but hey, it's his thread. |
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14 August 2020, 10:20 PM | #130 | |
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Quote:
In one case, I met personally with the General Manager of the company. Another AD, the Store Director made a special trip to meet me in person on a Saturday -- when this person runs Sales/Operations and doesn't even work in the physical store. Did I “willingly subject” myself? That’s an odd way of phrasing it. But, sure, I WANTED to meet with the management and bypass all the SAs. That’s the smart thing to do. When I buy a car, I don’t walk into the dealership and deal with the first salesperson that introduces himself. I call the GM and deal with him directly. The GM doesn’t need to check with anyone before making a decision and will provide the most flexibility. As I previously said, if you want to reassure the dealer that you aren’t a flipper, why wouldn’t you WANT to tell them why you’re interested in a particular piece, and flat out tell them you won’t make them look bad by putting the watch on eBay the next week? |
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14 August 2020, 11:19 PM | #131 | |
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Quote:
Very thoughtful reply. My comments below... Just for info, every AD buys and sells watch for a profit, they flip, thats what they do, exactly the same as any retail business. What you seem to be saying is that once one buys a watch, it should be owned for life. I'm not really saying that. My position is simply that there is nothing wrong with the AD making reasonable attempts to discern if someone has intentions to wear and enjoy the watch OR just wants to buy it to sell it and make a quick buck. Are you saying that a Rolex AD can stifle any competition by default? I'm not sure I understand how competition is stifled. That's a legal concept that doesn't apply in this situation. Rolex doesn't have a monopoly on watches. Dealers are all independently owned. That once you sell a Rolex, for any reason that you should not be allowed to buy another one? Is that what you are saying? Depends. Did you buy it last week and immediately put it on eBay? If so, the AD might decide not to sell you another watch. Of course, you are still "allowed" to buy a Rolex. You can go to another AD or any secondary reseller. You have said above that it is not illegal, then why the interview? Because the AD doesn't want the watch they just sold showing up on Facebook Marketplace the next day. It makes them look bad. So, they want to take reasonable measures to prevent a blatant flipper from acquiring a watch that could otherwise go to bonafide Rolex lover. I don't think any AD should have a discriminatory policy for selling any watch. You are entitled to your opinion. I think there is nothing wrong with trying to prevent blatant flipping. Every single day someone walks into an AD, asks about a Pepsi, and the AD tells the person "It's a 2-year wait" even though they have one in the back. That's a discriminatory policy... and there's nothing wrong with that. In fact, i would argue it's good to reserve that watch for someone whose business and relationship the AD wants to nurture. (Quick note: In the U.S., you can't discriminate on the basis of race, color, national origin, etc. I am not condoning any illegal discrimination.) |
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14 August 2020, 11:26 PM | #132 | |
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Quote:
So you met with upper levels of service, and I wouldn't qualify that as vetting and background checking...so in essence you did not willingly offer yourself to be background checked, which was the subject of this strange thread. |
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14 August 2020, 11:30 PM | #133 |
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Such an odd thread...... cannot believe it has come to this.
Quite ironic with the plethora of BNIB watches for sale from secondary sellers, still wrapped in plastic, on a daily basis. I suspect the majority of AD's are all playing the game anyhow. |
14 August 2020, 11:43 PM | #134 | |
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Real Name: Dave
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Watch: Various
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Quote:
Here's the thing, a person that gets access to the "in the safe watches" will be a high value purchaser, that includes a Grey dealer, he will only become a "Grey dealer" because the AD has allowed him to do so by offering him the highly desirable watches. In a way, he is the only way a "normal" person can gain access to those rare watches without having to spend huge amounts of money on other watches to gain the privilege of ever seeing them. (Which is the fault of the AD for "hiding" watches in the back for their preferred customers).
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15 August 2020, 12:21 AM | #135 | |
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Quote:
Of course, I didn't hand the AD a resume, list of references, and social media links and "willingly offer" to be vetted. But I did willingly meet with them in person, share my circumstances, and reassure them I was going to wear the watch and not flip it. Again, I think it's the smart thing to do. ADs run their businesses differently... but my experience has been that they want to know who you are, meet with you in person, qualify/vet you as a customer, and then decide if/when to offer you a watch. |
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15 August 2020, 12:28 AM | #136 | |
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15 August 2020, 12:32 AM | #137 | |
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Quote:
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15 August 2020, 12:52 AM | #138 | |
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Location: England.
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Quote:
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15 August 2020, 12:59 AM | #139 |
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15 August 2020, 01:16 AM | #140 |
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Let's say Rolex ships app. 80,000 watches to ADs every month. If 5% of those are desirable (wild guess), and only 5% of those are sold to flippers, that's 200 in-demand watches that can potentially find their way to trusted resellers on this forum, FB, eBay, etc. EVERY SINGLE MONTH. So, the practice doesn't have to be widespread in order for lots of brand new watches to show up in the secondary market on a regular basis.
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15 August 2020, 01:35 AM | #141 |
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“The display of actual intelligence terrifies much of mankind” Rolex "some" Tudor "some" Damasko "some" Misc Pieces "some" Marathon "some" GS Spring Drive "some" Hamilton "some" Findeisen "some" |
15 August 2020, 03:00 AM | #142 | |
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Since when has "doing your part" become doing whatever someone else thinks they should be dictating to everyone else. |
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15 August 2020, 03:42 AM | #143 | |
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