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18 March 2024, 04:01 AM | #1 |
"TRF" Member
Join Date: Mar 2012
Location: CA
Posts: 75
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I have transacted several watches on Grailzee without issue. It’s an up and coming platform created by a couple of watch enthusiasts who sold a previous company. The team is very helpful and their intentions are in the right place.
My biggest advice as with any marketplace is to buy the seller, but also as mentioned above, the “reserve not met” issue is very real on Grailzee. What you can do in that case is look for “master deal maker” tags which highlight sellers who have successfully ended auctions with sales. Regarding the buyers premium, it’s a nice way to lock bidders in so they don’t bail on the deal post-auction (giving sellers peace of mind - it’s a two way street). Also the premium gets factored in by bidders so you’ll typically see watches sell for a bit below market value as that gets factored in. Hope this helps - I have no affiliation but hate seeing close minded people knock something new/innovative. |
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