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27 September 2021, 03:04 AM | #1 |
"TRF" Member
Join Date: Jul 2020
Location: San Francisco
Posts: 24
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Escrow services for buying watch from individual
I'm thinking of buying a watch from an individual on this forum that does not have much history of selling or buying on this forum.
Has anybody used an escrow service for a watch purchase that has held cash until you receive the watch and can then validate the authenticity? Any other suggestions are welcome or do I just move on and not take the risk? |
27 September 2021, 03:13 AM | #2 |
Banned
Join Date: Dec 2020
Location: Tokyo
Posts: 969
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Paypal has some sort of buyer protection. It is costly and the seller is at a disadvantage however.
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27 September 2021, 04:06 AM | #3 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,342
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Check out the FS section > boutique sellers for a hassle and worry free experience. Pay a bit more, it’s worth it.
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
27 September 2021, 04:21 AM | #4 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,576
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Too many great trusted sellers here that can source any watch for you. I’d move on
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27 September 2021, 06:37 AM | #5 |
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Join Date: Sep 2018
Location: United States
Watch: me buy Watches
Posts: 3,955
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I try to avoid as much risk as I can.
Are you uncomfortable with the seller and situation? Time to move on.
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27 September 2021, 06:53 AM | #6 |
Banned
Join Date: Mar 2021
Location: United States
Watch: The Time
Posts: 24
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Once you have doubts in you about the deal then it's a sign, don't proceed there are other more reputable sellers on the forum.
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27 September 2021, 08:31 AM | #7 |
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Join Date: Mar 2018
Real Name: Larry
Location: Finger Lakes
Posts: 6,007
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How would one vet an escrow service?
Sent from my iPad using Tapatalk Pro |
27 September 2021, 09:56 PM | #8 | |
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Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,895
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Quote:
If you need to be thinking about an escrow service then the transaction is already questionable.
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28 September 2021, 10:27 AM | #9 |
"TRF" Member
Join Date: Jul 2020
Location: San Francisco
Posts: 24
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Got it. I was hoping a service had popped up to address these concerns. Seems like it would be a valuable service to enable person to person selling with confidence that doesn’t require eBay or Chrono24 which from what i gathered on the forums aren’t perfect either.
Thanks all. Was really hoping something like this exists. Sent from my iPad using Tapatalk |
3 October 2021, 02:57 AM | #10 |
2024 Pledge Member
Join Date: Jun 2021
Location: Merica
Posts: 1,310
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Run, don't walk, to a trusted seller. If you are posting here then you have read all the horror stories. Why would you buy from someone without MANY MANY public references? Don't go cheap
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13 July 2023, 01:04 AM | #11 |
"TRF" Member
Join Date: Jul 2023
Location: California
Posts: 39
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What is the best way for a private seller to sell a watch? Ebay and chrono both take 6-10%. How can a private seller get the best price for their watch?
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13 July 2023, 01:13 AM | #12 | |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,576
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Quote:
IMHO, your best bet is to contact a trusted seller to see what they’ll offer you. You’ll take a haircut on the price, but it’s hassle free and the funds are guaranteed. If you decide to go it alone,C24 is probably your best bet. |
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13 July 2023, 02:13 AM | #13 |
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Join Date: Aug 2010
Real Name: Gabriel
Location: London, UK
Posts: 1,816
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A private seller is very unlikely to get the same price as a grey dealer or bricks and mortar store.
Ebay authentication service will give you a level of protection; buyer can't call fake or say they received an empty box. Ebay offers discounted final value fees from time to time, wait for one of those offers
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13 July 2023, 08:24 AM | #14 |
"TRF" Member
Join Date: Apr 2023
Location: Pittsburgh
Posts: 3
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Contact a reputable and trusted seller to make sure.
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