Why not sell to the community over the big resellers??

[yxc145]

Originally Posted by tbonesteak

This is what confused me too... I guess this is sorta a WTB Daytona thread for $14k.

Originally Posted by brandrea

I'm not sure I follow ...

I think I'd sell it to whomever paid the price I was asking.

Originally Posted by Chiboy

I'm pretty sure OP wants to bridge the gap between Gray bid price and Gray ask price. I think as a private buyer, you would have to offer more than a Gray is offering because it's a lot easier and safer to sell to a good Gray than to sell to a private person they don't know.

That said, if you see private offerings that interest you, you can try to negotiate with the seller and if you offer more than they can get from a Gray, you might get the watch you want.

Originally Posted by MonBK

I'd like to buy a Daytona for 14k as well so I can turn around and sell it for 17k.

As a matter of fact if someone has three or four of them we can make a package deal and I could maybe get them for 13,5k ea.?

Heck, why not sell me 10 of them and lets make it 13k even?

The issue is, not everyone wants to go through the trouble selling on their own.
I, for one, has only been forum member for about 6 months, with 800+ response count, no history of selling/buying on the forum. It will be harder to gain trust from buyers. Also, the risk of selling to complete strangers, even with wire transfer, there is still risk. If I get a Daytona one day and don't like it, maybe we can make a deal :)

[breitlings]

there is more risk involved in a personal sale.

[Vaxe]

I sold this brand new in box white 116500 to a good friend for exactly $13578 to cover taxes, $0 "profit".

But I've also listed three more on this forum for $16500 - $19000, and they sold within days of posting. It's not that I dont want to be altruistic, but unless I know the buyer personally, I'm hesitant to list for $14000 just so when they grow tired of the watch, it could be flipped for profit (no offense to OP, just hypothetical).

And yes, my friend still has the $13578 Daytona I sold him, it's his keeper for life.


Edit: Read the thread. The 116500 is so liquid that I've had no trouble selling them myself to warrant going through a reseller. I actually enjoy meeting buyers F2F, and many of them are now friends.

[watchwatcher]

Originally Posted by Tony64

Put more simply, you're always going to get less money from a reseller than from an end user.

If your sole objective is to maximize profit you would never sell to a reseller.

OK, agreed...to a point.

However, your (and the OP's) theory doesn't take into account the scammers and thieves that spend more time dreaming of ways to steal from guys like me and you that are trustworthy. They're quite good at what they do.

I have no problem with your scenario if I personally know and trust the buyer. If I don't, I'll most likely go with a reseller. And the Daytona is probably not a good example, either. The margins on a super hot watch like the Daytona or LV-C look a lot different than on a "normal" watch.

[Tony64]

Originally Posted by watchwatcher

OK, agreed...to a point.

However, your (and the OP's) theory doesn't take into account the scammers and thieves that spend more time dreaming of ways to steal from guys like me and you that are trustworthy. They're quite good at what they do.

I have no problem with your scenario if I personally know and trust the buyer. If I don't, I'll most likely go with a reseller. And the Daytona is probably not a good example, either. The margins on a super hot watch like the Daytona or LV-C look a lot different than on a "normal" watch.

I agree, unequivocally.

Trust is a difficult commodity to monetize!

[ovodunn]

Originally Posted by Vaxe

I sold this brand new in box white 116500 to a good friend for exactly $13578 to cover taxes, $0 "profit".

But I've also listed three more on this forum for $16500 - $19000, and they sold within days of posting. It's not that I dont want to be altruistic, but unless I know the buyer personally, I'm hesitant to list for $14000 just so when they grow tired of the watch, it could be flipped for profit (no offense to OP, just hypothetical).

And yes, my friend still has the $13578 Daytona I sold him, it's his keeper for life.


Edit: Read the thread. The 116500 is so liquid that I've had no trouble selling them myself to warrant going through a reseller. I actually enjoy meeting buyers F2F, and many of them are now friends.

Very interesting thanks sharing this :)


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[SpeedyTuomas]

Originally Posted by ovodunn

Exactly this ! Agree it carries slightly more risk dependent on buyer having references etc.


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I guess it is because of it being hassle free and safe compared to dealing with a complete stranger.

[Macnavara]

Originally Posted by ovodunn

With no AD buying history + being in the UK even list is out of sight for me for now :(


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Ah the mythical list....they dont exist you know....and if they do a vip walks in and jumps straight to the top of the so called list and pushes us mear mortals further down...we think we are number what ever but in reality its a race against other 'more important' customers.