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Old 4 August 2013, 11:23 AM   #1
1William
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I would not take it back. Being a nice guy is OK but you would be the one that is stuck with reselling it and any issue that comes from it. Give him DavidSw info and get your new watch and enjoy it. It not like you are not being fair.
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Old 4 August 2013, 11:24 AM   #2
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If he was in your position and you were in his, how would you want to resolve this?
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Old 4 August 2013, 11:29 AM   #3
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I'm torn too. Being a nice guy and all taking the return would help him out BUT what is stopping him doing exactly what you did in order to sell it to somebody 'happy' to buy it.

Explaining it that way to him, if he's a decent guy he SHOULD probs say fair enough

I'm sure he knows this, if he's done his research but you can't blame him for trying the easy route in case you did say yes...
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Old 4 August 2013, 11:30 AM   #4
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Actually I think I just talked myself into not being torn about it at all
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Old 4 August 2013, 11:47 AM   #5
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Sorry, no refund. Or refund less 10%?
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Old 4 August 2013, 11:49 AM   #6
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Some retailers do offer a three-day trial. The NAWCC requires transactions to have a three-day return period, it's not enforced but it is official in the by-laws. A re-stocking fee only makes sense if it was presented as an option at the time of sale. I would present the choice to the buyer that since I am being asked to do something that is silly and outside of normal business practices, he/she should never expect to do business again with me or anyone I know. I would certainly want to be warned about a childish a-hole who wants his money back in eight hours: that's not someone I ever want to do business with, so if it's a Forumite, please be transparent. So, "here's your money back, don't EVER call me again and don't try to do business with anyone I know, you are not mature enough to live with the consequences of your decisions."
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Old 4 August 2013, 12:36 PM   #7
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Advise him that you have spent the money.
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Old 4 August 2013, 12:39 PM   #8
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Advise him that you have spent the money.
Yep...'sorry its already committed '...of course with both fingers crossed!
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Old 4 August 2013, 12:41 PM   #9
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Who buys a rolex and has buyers remorse? As was suggested if you take it back I'd get it checked out.
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Old 4 August 2013, 12:51 PM   #10
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I would be a bit hesitant as you don't know if anything happened to it. He's a grownup and made a choice. Why should you have to be burdened to sell again?
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Old 4 August 2013, 01:02 PM   #11
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If assured it's the same item/same condition, and he/she can make you whole + maybe a little extra, I think it would be ok to reverse the deal. Just depends on how you feel about it. Surely it can be sold to another.
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Old 4 August 2013, 01:07 PM   #12
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That's a really bad position the buyer is putting you in. I'd tell him you're using his funds for another purchase, so you won't be able to give him all of his money back. He can take it or leave it.
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Old 4 August 2013, 01:22 PM   #13
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"Buyer's remorse" is when my wife buys a purse from Saks or Bloomies and doesn't like it as much as she did in the store, when she gets it home..a deal is a deal in the Gulf as it is anywhere else..perhaps more so.
However, if the buyer is a friend or a close acquaintance, then go with what feels best to you.
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Old 4 August 2013, 01:31 PM   #14
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man... I feel ya.

I'd tell him nicely that there are no refunds. But if you feel bad maybe take it back at 20% off from what you sold it at?

Also, there are some cheeky people out there. Be sure to tell him that once you see him face to face. Cause they might change the parts in the watch since you're taking it back at 20% off.

Hope it helps! good luck man
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Old 4 August 2013, 01:43 PM   #15
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Thanks all for your views and thoughts. I'm finding it a tough call.

I have genuinely spent the money.

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My biggest worry is advertising it again. While it will get plenty of enquiries, I'm sure buyers who watch the classifieds - like me - will wonder why it's come back. If I saw an advert that was a rapid repeat from some one with no reputation - like me - I'd give it the swerve just on safety alone.

The fact that I'm agonising is probably a reflection on me. It's a cultural trait here to test people's politeness to the limit; I haven't decided where my limit is yet.

Will report back. Thanks again folks, love this place.
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Old 4 August 2013, 05:55 PM   #16
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Quote:
Originally Posted by StuartM1970 View Post
Thanks all for your views and thoughts. I'm finding it a tough call.

I have genuinely spent the money.

Attachment 411992

My biggest worry is advertising it again. While it will get plenty of enquiries, I'm sure buyers who watch the classifieds - like me - will wonder why it's come back. If I saw an advert that was a rapid repeat from some one with no reputation - like me - I'd give it the swerve just on safety alone.

The fact that I'm agonising is probably a reflection on me. It's a cultural trait here to test people's politeness to the limit; I haven't decided where my limit is yet.

Will report back. Thanks again folks, love this place.
In this case taking it back and deducting something from what he paid you is probably conveying more distrust of him than you want to or portraying yourself
As cynical and exploiting him.
You should simply tell the truth...Im sorry Ive pent the money. Unfortunately if you have not responded with this immediately then its going to sound a lie. Prove it to him buy sharing what you spent the money on.
Do not give in to perceived cultural pressure - take refuge in the fact you are being truthful - You sold this to fund the purchase of something else and you have spent the money. Let him trade it.
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Old 4 August 2013, 01:56 PM   #17
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Send him on down he road, don't let him push you around like that
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Old 4 August 2013, 02:18 PM   #18
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This reminds me of a time a few years ago when I sold a great condition blue tudor snowflake 9411 with service dial and hands that was still under a Rolex warranty. I also used the funds to purchase a white exp II. Watch was as described and was in fantastic condition.

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The gentleman that purchased it from me contacted me a day later and asked if I'd be willing to offer a refund since he had decided he wanted one with original dial and hands. He was willing to take a hit for a "restocking fee" of 10% which was $300. Pure buyers remorse.

I thought for all of 5 mins and told him I would. He paid for the shipping both ways plus the fees and once I had it I checked it out and Wired his money back and didn't take him up on the offer of the restocking fee.

I was able to sell it again the next day for the same price.

Could I have said "No?" Yes. Did I have the right to do that? Yes. Still, except for the inconvenience and the fact I'm not a dealer I figured it was the right thing to do.

In this case, you can't go wrong either way. As there is no "shipping" per se I would request the cost for shipping as if you had sent him the sub and call it good. Forget the 10-20% restocking charge.
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Old 4 August 2013, 02:19 PM   #19
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do you think it might have had a "heart operation" during these 8 hours?
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Old 4 August 2013, 02:21 PM   #20
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Do what you believe is the right thing to do. If you follow you're gut you can't go wrong! Keep us posted !
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Old 4 August 2013, 05:41 PM   #21
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Originally Posted by slashd0t View Post
I'm torn here. If its an easy face to face return and the watch is absolutely the way you sold it to him, I would probably take the return ...

Is it inconvenient? For sure. But, this is what makes people top notch sellers and dealers. Also a huge karma bump.

Sometimes people spend so much time researching an item without actually seeing one in real life.

Is the buyer being unfair asking for a refund? Probably.

Such is life. Sometimes being the good guy is just the right thing to do.

I don't think you're in the wrong either way.
Option 1
Quote:
Originally Posted by Baco Noir View Post
IF you take it back, do so at an AD. Look over the entire watch for any sign it was dropped and have the AD check the timing, have him pay to have the case opened to verify the movement, and bracelet removed to verify the serial number. He should be willing to do this to give you peace of mind if you are going to be kind enough to take it back.
Option 2
Quote:
Originally Posted by Thebiglagu View Post
Do what you believe is the right thing to do. If you follow you're gut you can't go wrong! Keep us posted !
The moral ground.

This is very difficult. The deal is done, but a return policy wasn't stated so just maybe...
Being a nice guy has also got me burned before. Considering the region where you are, I find you're in the middle and one must always do the right thing. At this point you have genuinely spent the money, if this is the case then there's no discussion. He needs to sell the watch.
If you're in a position to buy the watch back, then perhaps it would be the right thing to do, considering the steps in option 2 above, that's the only way(or full inspection at watchmaker/ad of YOUR choice) I think I could entertain a return plus a 10-20% "restocking" fee for your trouble now.

In this case not doing a return doesn't make you bad or wrong in the least but coming to some agreement with terms in your favor will definitely make you good and morally right, the restocking fee cannot be overlooked imho. In this case he cannot ever speak bad of you for the present deal as is, but if on the other hand you accepted a return he can only ever speak good of you.
You're the only person that really knows what you must do, but I would not ride this out for a number of days, it fosters hope and maybe there isn't any, make a decision now and tell him, end of story.
Good luck.
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Old 4 August 2013, 02:23 PM   #22
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Dont even think about returning the money. He should have put in his homework before making such a big decision. You spent your time and effort marketing it and dealing with the guy. If he made a bad decision the. Its up to him to sell it or whatever. Face to fave equals done deal. Dont feel bad!
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Old 4 August 2013, 03:44 PM   #23
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I would politely refuse and sent him to hell in my thougts, I can't stand undecisive people.
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Old 4 August 2013, 03:44 PM   #24
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If the guy is genuinely nice and appreciative(as in knowing its a favour and not an expectation), and I trusted him, I'd probably be willing to undo the deal, straight up. However, I'd expect him to pay up front, any costs necessary to open, verify, inspect and reseal, pressure test at an AD or RSC. If there was any damage or evidence of attempt to defraud, then obviously, he's out of luck.
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Old 4 August 2013, 04:13 PM   #25
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Simple.

Sir, I used the money to acquire another watch that I had been trying to fund. I do not have the money to refund your purchase. I would be more than happy to assist you in selling the watch by providing you with the names of some individuals I know whom buy watches. Outside of that I cannot afford to do more.
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Old 4 August 2013, 04:36 PM   #26
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If you wanna be nice, then accept the return at 10% reduced price from the original price you sold him. And also have the watch professionally checked and verified prior. All these as compensation to your inconveniences.

Alternatively, you should asked him to resell it himself or you do on his behalf with small commission.
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Old 4 August 2013, 05:06 PM   #27
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What if he swapped out any parts?
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Old 4 August 2013, 05:48 PM   #28
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I have an idea.

Let's beat this to death with a stick.

The buyer changed his mind.
The seller has two options.
Accept it back and refund the money.
Or not.

I doubt the buyer would accept a re-stocking fee and this just makes the decision easier.
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Old 4 August 2013, 06:16 PM   #29
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This really not your problem. This was a simple transaction between to private individuals. You advertised an item for sale at a specific price.
The other party bought the advertised item at the price asked of his own free will.
The contract was completed at the exchange of money for item.

You have no obligation to return the money. He is not claiming the watch was defective or that he was mislead in any fashion. He simply changed his mind...call it what you will.

He now has to sell the item that he now owns if he wants cash for it - simple as that.
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Old 4 August 2013, 06:49 PM   #30
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It's a ND Sub, he'll be able to sell it. I wouldn't take it back, unless it was a known buyer to me.

Since it even was a f2f deal, he doesn't really have any good motives for returning it. "Buyers remorse" isn't really an option when buying privately IMHO.

Good luck.
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Last edited by bayerische; 4 August 2013 at 06:52 PM.. Reason: typo
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