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24 November 2018, 11:34 AM | #31 |
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Glad you made a bit of money. The only problem that i can see with your model is that its not scalable.
For most people itsa working capital game. So more working capital available the bigger scale. But sounded you had fun and you didnt lose money! |
24 November 2018, 11:35 AM | #32 |
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Great read.
Very interesting that you do it for the “rush” kind of. I bet it’s hard to keep your mouth shut when an AD is laughing in your face about a model that you will “never” be able to find, and you’ve found many already haha I repeat, good read Sent from my iPhone using Tapatalk |
24 November 2018, 11:39 AM | #33 | |
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Anybody thinking of trying to make a living out of this would need to approach it so much differently. |
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24 November 2018, 11:45 AM | #34 | |
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I have lost track of how many ADs I've visited this year but I've seen and heard some funny stuff. It is very often an entertaining game. |
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24 November 2018, 11:47 AM | #35 |
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You are right on the money though, a little different scenario but most of the time all I have to do is add a product in the mix at a discount or “free” and the deal is done. Bundled per say. Someone’s tag line on here is “if the game is rigged you can’t win if you don’t play or something like that lol
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24 November 2018, 11:53 AM | #36 |
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Thanks for the info. Very interesting to read. Ignore the naysayers, they dream to have the connections and access to pieces that you’ve acquired but don’t want to show it.
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24 November 2018, 11:55 AM | #37 |
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Very interesting and entertaining read
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24 November 2018, 12:02 PM | #38 |
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24 November 2018, 12:13 PM | #39 |
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24 November 2018, 12:19 PM | #40 |
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That’s a great story OP. Thanks for sharing
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24 November 2018, 12:41 PM | #41 |
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24 November 2018, 01:46 PM | #42 |
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This was a really interesting read, and I very much enjoyed it.
A lot of what you wrote applies to how I see my business, so it made perfect logical sense to me - but I have just never seen my hobbies & other interests in that way...perhaps I should! |
24 November 2018, 02:10 PM | #43 |
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You should have been a writer!
Very clear and canny business sense.. Sounds like a lot of work for 10%.. But if you didn't do it.. You wouldn't have written this cool post..! |
24 November 2018, 07:55 PM | #44 |
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love the story. Thanks for sharing
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24 November 2018, 09:01 PM | #45 |
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Are you getting better bundled deals if paying cash at AD?
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24 November 2018, 09:53 PM | #46 |
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You really are the devil... for making me try to read all of that.
You should change your name to Rainbowchaser. This is a tune. https://www.youtube.com/watch?v=V1LgGfhVVjg |
24 November 2018, 10:48 PM | #47 |
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I am surprised All the reaponses in this thread has been congratulatory and positive....
Considering the precconcieved notion of flippers. I am surprised. I have absolutely no issue with this btw. Just an observation |
24 November 2018, 11:31 PM | #48 |
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Ok I’ll bite. I don’t see the point in all this. Lots of work and capital outlay for what you admit is a modest profit. What’s the point of acquiring 37 hard-to-get stainless models if you’re only going to turn around and sell them immediately?
I love my Daytona and I’ll be the first to admit a big part of that is the excusivity. But I actually have the watch and wear it. Flipping it would have given me a bit of cash but I’d have no satisfaction from having a relatively rare and desirable item. You say you’re motivated by getting what you’re told you can’t have... but you just get rid of them as soon as you get them, and you must given the way you’re doing this by bundling less desirable pieces. Seems like the ADs are getting the last laugh. This is a forum for people who love watches. Is that you? Seems like you’ve just discovered a way to scratch out a few bucks on the side that happens to involve buying and selling watches. Could just as easily be any other widget as far as you’d care. |
24 November 2018, 11:53 PM | #49 |
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This gave me hope that one day I too can get stainless steel Rolex pieces!
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25 November 2018, 12:49 AM | #50 |
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25 November 2018, 02:37 AM | #51 |
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Message understood will be trying the technique when I next go to see my ad a list I have been on for ages or shall I try a new ad. If that’s how it works let the games begin. Great post thx.
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25 November 2018, 03:11 AM | #52 |
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Fascinating read. Thanks for posting it.
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25 November 2018, 04:10 AM | #53 |
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It’s not exactly new information but your delivery was somewhat entertaining. As far as I’m concerned keep doing it if you enjoy it
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25 November 2018, 05:47 AM | #54 | |
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Quote:
BIG but... If an AD is genuinely suspicious of you being a dirty rotten flipper, they will alert that certain models not on display are for sale "cash only." I aim to pay with my AMEX each time but have also earmarked funds for emergency "cash only" purchases. |
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25 November 2018, 05:51 AM | #55 | |
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I will say that I do find it slightly interesting that this thread was moved here (from the Rolex/Tudor discussion forum). There is an ad nauseam flow of "Greys/Flippers Are Ruining The Market" threads/posts there, daily, and they are never moved here. I actually believe that this is the right home for this thread but given that the flip sides of this thread always sit over there is a little odd. If this one belongs here, then any on the subject also do too. I guess the "complaining" goes there and the "explaining" goes here. |
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25 November 2018, 05:56 AM | #56 |
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Thank you. I do enjoy it...though as noted earlier, the George Costanza-esque masquerade that goes on in order to get some of the watches is what ultimately kills much of the joy.
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25 November 2018, 06:19 AM | #57 | |
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It's a real first-world problem; once you repeatedly land what before was some vague materialistic, consumer's dream, the excitement of the "have" is long, long gone, with the memory of the "chase" and "kill" all that really remains. An old buddy in the surfing world used to say (and I think he was paraphrasing someone else...I don't know) about big swells, "better than the moment itself, better than the memory, the last moment of anticipation.") It's not much different than a nice pair of shoes, really. I sort of like looking for them and from all of the noise reducing it all to a signal that makes sense to/for me. The moment that I purchase those shoes, and have them in hand, I'm thrilled, largely in anticipation of wearing new shoes (I don't wear new shoes out of the store...ever....for this very reason). There is something undeniably and maybe universally appealing about new shoes. And, sure, while there's a great comfort and familiarity with well-worn shoes (especially leather!), nothing compares to the feeling, the smell, the knowledge, of new. I always have new watches. Oh, and sometimes I even get to wear them for awhile. |
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25 November 2018, 09:30 AM | #58 |
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https://www.rolexforums.com/showthread.php?t=610178
Don’t hate the player^ How many new satainless Daytona’s did you grab out of 40 “hard” SS pieces?
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25 November 2018, 09:38 AM | #59 |
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For every desireable piece you ended up with two less desirable ones. How did you flip the other two without taking too much of a hit?
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25 November 2018, 10:34 AM | #60 | |
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