ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

SWISSAHOLICS · 12 September 2013, 08:11 AM

I can understand when grey dealers want to sell Rolex timepieces like the BLNR or SS YM2 for more than MSRP during the first couple of months since it's a new Basel release and it's all about supply and demand....but why would you sell a 116610 & 116710 for more than MSRP?

I am not able to understand the reasoning behind these models....can anyone fill me in?

http://www.ebay.com/itm/ROLEX-MENS-G...item4859c81430

http://www.ebay.com/itm/ROLEX-MENS-S...item4176d57b2f

77T · 12 September 2013, 08:19 AM

Call Brad 714-998-1867 and ask what he'll take. They deal - so the asking price is never the final price...

But I do get your point.

I've done a couple of deals with him in the past and got him down to a good price point each time.

SWISSAHOLICS · 12 September 2013, 08:40 AM

Paul, I am not in the market for one....I'll buy them here from trusted sellers without a doubt and get great deals....I was just surveying the net to see what's out there and was surprised to see above MSRP prices

77T · 12 September 2013, 08:44 AM

Quote:

Originally Posted by SWISSAHOLICS

Paul, I am not in the market for one....I'll buy them here from trusted sellers without a doubt and get great deals....I was just surveying the net to see what's out there and was surprised to see above MSRP prices

Understand...

With eBay and PayPal fees most sellers have to add almost 10% to their base cost just to break even...

You are doing the right thing - I did my deals with Brad outside of eBay.

Tools · 12 September 2013, 08:49 AM

What somebody asks for a watch isn't always what they get for that same watch..

honeybear · 12 September 2013, 11:59 AM

Quote:

Originally Posted by 77T

Understand...

With eBay and PayPal fees most sellers have to add almost 10% to their base cost just to break even...

You are doing the right thing - I did my deals with Brad outside of eBay.

This. I occasionally list watches for sale both on eBay and on the watch forums, and I ask more on eBay to cover the additional eBay fees.

Aventura · 12 September 2013, 08:30 PM

Quote:

Originally Posted by 77T

Understand...

With eBay and PayPal fees most sellers have to add almost 10% to their base cost just to break even...

You are doing the right thing - I did my deals with Brad outside of eBay.

I think they have to add 25% Ebay 10% PayPal 4% plus Shipping and Insurance

77T · 12 September 2013, 10:16 PM

Quote:

Originally Posted by Aventura

I think they have to add 25% Ebay 10% PayPal 4% plus Shipping and Insurance

No - Fees are nothing like that. PayPal is 3-4%, eBay is 5-7%. There is no set % for shipping/insurance - some charge an amount ranging from $35-$100; others just wrap it into their cost model and offer "Free Shipping".

diver2012 · 13 September 2013, 04:56 AM

Quote:

Originally Posted by 77T

No - Fees are nothing like that. PayPal is 3-4%, eBay is 5-7%. There is no set % for shipping/insurance - some charge an amount ranging from $35-$100; others just wrap it into their cost model and offer "Free Shipping".

It's a good idea to check your facts before telling someone they are wrong - the fees are 11% for watches on eBay UK and I believe 9% on eBay USA.

Aventura was correct in what he said.

Cc1966 · 12 September 2013, 08:42 AM

Most of those high eBay prices are reflecting seller greed. I've made reasonable offers on some and have not been able to close a deal yet.

anothernewphone · 12 September 2013, 11:42 AM

Quote:

Originally Posted by Cc1966

Most of those high eBay prices are reflecting seller greed.

LOL. "Seller greed?" I thought we were all out to make a buck while selling stuff?

Aventura · 12 September 2013, 08:42 PM

Quote:

Originally Posted by anothernewphone

LOL. "Seller greed?" I thought we were all out to make a buck while selling stuff?

What happens is that an individual who sells a watch can not ask the same price as a recognized vendor. Besides an individual has no references. This is my case. All the watches new, unworn, I had and I have always end up selling them to a reseller.

padi56 · 12 September 2013, 06:11 PM

Quote:

Originally Posted by Cc1966

Most of those high eBay prices are reflecting seller greed. I've made reasonable offers on some and have not been able to close a deal yet.

Have to agree same for many selling watch parts like inserts and asking crazy prices, but some are willing to pay these crazy prices so the buyers are mostly to blame..

diver2012 · 12 September 2013, 06:16 PM

Quote:

Originally Posted by padi56

Have to agree same for many selling watch parts like inserts and asking crazy prices, but some are willing to pay these crazy prices so the buyers are mostly to blame..

If buyers are paying the prices being asked then the prices obviously aren't 'crazy'.

It's a free market economy and demand and supply is just playing out.

Aventura · 12 September 2013, 08:27 PM

Quote:

Originally Posted by Cc1966

Most of those high eBay prices are reflecting seller greed. I've made reasonable offers on some and have not been able to close a deal yet.

And you will not get. All private sellers apart are very confused and believe everything they read in the forums. And like all things in life forums also have good things and bad things.The best deals you will find with reputable dealers in your city. Face to Face.

Roma315 · 12 September 2013, 09:37 PM

Quote:

Originally Posted by Cc1966

Most of those high eBay prices are reflecting seller greed. I've made reasonable offers on some and have not been able to close a deal yet.

Same I've made very good offers on various watches and always denied. Few weeks ago someone had a used Heuer for $1100 I offered $800 and was denied

Was going to use it as a beater

beshannon · 12 September 2013, 08:44 AM

Because it is EBAY?

tomallen · 12 September 2013, 06:06 PM

If you search completed auctions you will see very few Rolex watches are sold actually on ebay. They are shown on ebay and deals are closed off ebay avoiding the fees.

Racerdj · 12 September 2013, 08:50 PM

The other problem with E-Bay is you can not find out what the best offer was. The comment about fees is totally correct.

samsmart · 12 September 2013, 10:06 PM

I think most sellers just use ebay as a marketing tactic. If you read the description most of the time they list their phone number to their brick and mortar store. I would bet that if you called, they would work with you. They have to increase the price on ebay to offset pay pal and listing fees. Plus most ship next day insured for no additional charge.

Sent from my SPH-L720 using Tapatalk 2

77T · 13 September 2013, 05:16 AM

Anyone can check eBay fees using their calculator if interested. As the price gets lower, the final value fee actually is a higher %.

http://www.fees.ebay.com/feeweb/feecalculator

diver2012 · 13 September 2013, 06:42 AM

Quote:

Originally Posted by 77T

Anyone can check eBay fees using their calculator if interested. As the price gets lower, the final value fee actually is a higher %.

http://www.fees.ebay.com/feeweb/feecalculator

That's because there is a cap on the maximum fee.

It is around 10% or £40 - whichever is lower in the UK.

I imagine around the same in the USA.

I'm assuming your sales have been over $500 to cause lower % fees.

77T · 13 September 2013, 06:56 AM

Quote:

Originally Posted by diver2012

That's because there is a cap on the maximum fee.

It is around 10% or £40 - whichever is lower in the UK.

I imagine around the same in the USA.

I'm assuming your sales have been over $500 to cause lower % fees.

Well yes, of course they are above $500...we are discussing Rolexes being sold...

A $20,000 sale comes out to $250 in US for fixed price.
A $2,000 sale comes out at $160.

My sales range between $2000-$7000 on eBay. And never had more than a 7% on a watch...

In no way is the eBay fee near the 25% I was correcting earlier.

springer · 13 September 2013, 07:27 AM

I'm totally confused on the ebay fees in the USA. I've been told for years that it is around 12% which includes the listing fee, selling fee and paypal fee. Then I've heard 8% total.

So, if a $5,000 watch is sold on ebay, what will it cost the seller to include paypal fees?

77T · 14 September 2013, 05:07 AM

Quote:

Originally Posted by springer

I'm totally confused on the ebay fees in the USA. I've been told for years that it is around 12% which includes the listing fee, selling fee and paypal fee. Then I've heard 8% total.

So, if a $5,000 watch is sold on ebay, what will it cost the seller to include paypal fees?

You can use the link I posted - the answer is $250. If you're a top seller, $200

springer · 14 September 2013, 07:33 AM

Quote:

Originally Posted by 77T

You can use the link I posted - the answer is $250. If you're a top seller, $200

$250 is 5% on $5,000 sale. Do you also add 4% for paypal? If so, then you are up to 9%. The ebay calculator is way too confusing for me to use.

77T · 14 September 2013, 08:05 AM

Quote:

Originally Posted by springer

$250 is 5% on $5,000 sale. Do you also add 4% for paypal? If so, then you are up to 9%. The ebay calculator is way too confusing for me to use.

Yes 3-4% Paypal goes on top of that. Which is the reason I say most sellers on the Bay add 10% for fees.

Glidelock · 14 September 2013, 08:08 AM

The seller in the OP's links to eBay are trusted sellers on this sight and have worked great deals with me in the past on BNIB Rolex watches.

They will deal and make a good deal for all involved. eBay is a different animal, so if you do your research and work outside of that box...you will find the deal you are looking for!

Roller07 · 14 September 2013, 08:24 AM

The only thing crazier than selling a Rolex for more than MSRP is buying a Rolex for more than MSRP.

12 September 2013, 08:11 AM	#1
SWISSAHOLICS "TRF" Member Join Date: Jan 2013 Location: Here! Watch: Rolex Posts: 4,366	Selling Rolex for more than MSRP? I can understand when grey dealers want to sell Rolex timepieces like the BLNR or SS YM2 for more than MSRP during the first couple of months since it's a new Basel release and it's all about supply and demand....but why would you sell a 116610 & 116710 for more than MSRP? I am not able to understand the reasoning behind these models....can anyone fill me in? http://www.ebay.com/itm/ROLEX-MENS-G...item4859c81430 http://www.ebay.com/itm/ROLEX-MENS-S...item4176d57b2f __________________ 16610LN \| 16613LB \| 16710 Pepsi \| 118238 \| 116500 (White) \| 116500 (Black) \| 116710BLNR \| 116610LV "The one thing I fear most is time; time waits for no one and leaves no options."

12 September 2013, 08:19 AM	#2
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,015	Call Brad 714-998-1867 and ask what he'll take. They deal - so the asking price is never the final price... But I do get your point. I've done a couple of deals with him in the past and got him down to a good price point each time. __________________ Does anyone really know what time it is?

12 September 2013, 08:40 AM	#3
SWISSAHOLICS "TRF" Member Join Date: Jan 2013 Location: Here! Watch: Rolex Posts: 4,366	Paul, I am not in the market for one....I'll buy them here from trusted sellers without a doubt and get great deals....I was just surveying the net to see what's out there and was surprised to see above MSRP prices __________________ 16610LN \| 16613LB \| 16710 Pepsi \| 118238 \| 116500 (White) \| 116500 (Black) \| 116710BLNR \| 116610LV "The one thing I fear most is time; time waits for no one and leaves no options."

12 September 2013, 08:49 AM	#5
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,514	What somebody asks for a watch isn't always what they get for that same watch.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

12 September 2013, 08:42 AM	#10
Cc1966 "TRF" Member Join Date: Aug 2013 Real Name: Christopher Location: Georgia, USA Watch: ing the Sea... Posts: 6,713	Most of those high eBay prices are reflecting seller greed. I've made reasonable offers on some and have not been able to close a deal yet. __________________ "I wish to have no Connection with any Ship that does not Sail fast for I intend to go in harm's way." Captain John Paul Jones, 16 November 1778 "*Curmudgeons* " Favorites: 1665 SD, Sub Date, DSSD, Exp II, Sub LV, GMTIIc

12 September 2013, 08:44 AM	#17
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Because it is EBAY? __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

12 September 2013, 06:06 PM	#18
tomallen 2024 SubLV41 Pledge Member Join Date: Apr 2010 Real Name: Tom Location: Connecticut Watch: Rolex SubC,GMTIIC Posts: 966	If you search completed auctions you will see very few Rolex watches are sold actually on ebay. They are shown on ebay and deals are closed off ebay avoiding the fees. __________________ Unless you are the lead dog the scenery never changes

12 September 2013, 08:50 PM	#19
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	The other problem with E-Bay is you can not find out what the best offer was. The comment about fees is totally correct. __________________ Rolex and Patek Philippe

12 September 2013, 10:06 PM	#20
samsmart "TRF" Member Join Date: Jun 2013 Real Name: sam Location: Dallas, TX Watch: Me Tint Posts: 3,777	I think most sellers just use ebay as a marketing tactic. If you read the description most of the time they list their phone number to their brick and mortar store. I would bet that if you called, they would work with you. They have to increase the price on ebay to offset pay pal and listing fees. Plus most ship next day insured for no additional charge. Sent from my SPH-L720 using Tapatalk 2

13 September 2013, 05:16 AM	#21
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,015	Anyone can check eBay fees using their calculator if interested. As the price gets lower, the final value fee actually is a higher %. http://www.fees.ebay.com/feeweb/feecalculator __________________ Does anyone really know what time it is?

13 September 2013, 07:27 AM	#24
springer 2024 SubLV41 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,319	I'm totally confused on the ebay fees in the USA. I've been told for years that it is around 12% which includes the listing fee, selling fee and paypal fee. Then I've heard 8% total. So, if a $5,000 watch is sold on ebay, what will it cost the seller to include paypal fees? __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

14 September 2013, 08:08 AM	#28
Glidelock "TRF" Member Join Date: Nov 2011 Real Name: Will Zdorf Location: So. Cal. Watch: SDC4000, Sub LVC Posts: 1,947	The seller in the OP's links to eBay are trusted sellers on this sight and have worked great deals with me in the past on BNIB Rolex watches. They will deal and make a good deal for all involved. eBay is a different animal, so if you do your research and work outside of that box...you will find the deal you are looking for!

14 September 2013, 08:24 AM	#29
Roller07 "TRF" Member Join Date: Sep 2012 Location: GMT -5 Watch: HulkPepsiCoke Posts: 2,364	The only thing crazier than selling a Rolex for more than MSRP is buying a Rolex for more than MSRP.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode