Do AD’s expect you to keep their Watches forever?

[Frank McKay]

I understand that is against the law (in the watch word) to flip your Newly purchased Rolex or risk being banned from future purchases with said AD.

What if you just got tired of your watch after 3-4 years and sold it? would the AD find out and still ban you?

[kieselguhr]

If you put the serial number up for everyone to see when you post it for sale...

[Harry-57]

You can do anything you like with your property. It's none of anyone's business.

A dealer can chose who they sell to and who they don't. There will be a business reason for such a practice and it's nobody else's business.

[Crazy Lugs]

I think it’s safe to say if an AD found out you moved a (desirable) piece they previously sold you, it would be a tough task obtaining anything worthwhile in the future.

[Joergen]

As long as there are more buyers than watches...When there are more watches than buyers, the tables turn.

[77T]

Buy grey BNIB, no waiting, get the warranty card (no holdbacks by seller) and sell whenever you want.

Thus far, I’ve seen zero posts about a grey banning a buyer for flipping!


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[fskywalker]

Originally Posted by 77T

Thus far, I’ve seen zero posts about a grey banning a buyer for flipping!


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[Yess]

Not quite sure how the AD would find out you sold the watch?

[Nikrnic]

When I bought my Blnr (Oct.'18) my AD did mention if I decide to sell it soon please do not put it on the net. He never said anything about the others I purchased from him > DJ41, Zblue, Polar.

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[Crazy Lugs]

Originally Posted by Yess

Not quite sure how the AD would find out you sold the watch?

AD’s store name and your name is written on the back of the warranty card. Once the watch is out if your hands, you have no control. A future owner could contact the AD to complain about the watch for any number of reasons, legitimate or not, and you’ll be outed immediately.

Even if your name is withheld by a future owner, your contact info is tied to the serial number of the watch at time of purchase.

[Citystar31]

This is all relative to your relationship and purchase history with your AD. Like others have said there is no set rules from Rolex regarding this and you are absolutely free to do what you want with your purchases! If all you buy and seek are SS models and sell those right away then yea it’s suspect but if you spend 100k+ a year and want to sell the watch the next day that’s your business! Some people have tons of watches and decide they don’t like them so why keep it...

[Citystar31]

Originally Posted by Yess

Not quite sure how the AD would find out you sold the watch?

Every legit Grey I’ve ever dealt with tells you to call the AD and verify the serial number was in fact sold by them.. your pretty much “outed” right away unless the person just honestly trusts the seller!

[Nairn1980]

Originally Posted by Frank McKay

I understand that is against the law (in the watch word) to flip your Newly purchased Rolex or risk being banned from future purchases with said AD.

What if you just got tired of your watch after 3-4 years and sold it? would the AD find out and still ban you?

I think realistically 2-3 years + doesn’t cause any concern. It’s watches flipped within the first 12 months that could cause the AD to not supply you with any further sought after models.

[padi56]

Originally Posted by Frank McKay

I understand that is against the law (in the watch word) to flip your Newly purchased Rolex or risk being banned from future purchases with said AD.

What if you just got tired of your watch after 3-4 years and sold it? would the AD find out and still ban you?

How would any AD know you have flipped any watch,or sold any type of watch in the future.Most you read on internet forum today many of them IMHO are just fantasy posts.

[Nairn1980]

Originally Posted by padi56

How would any AD know you have flipped any watch,or sold any type of watch in the future.Most you read on internet forum today many of them IMHO are just fantasy posts.

Tbh here they search buy and sell groups and everything. I personally know several people who have been blacklisted for flipping. Certainly this side of the world it’s a “thing”

[padi56]

Originally Posted by Crazy Lugs

AD’s store name and your name is written on the back of the warranty card. Once the watch is out if your hands, you have no control. A future owner could contact the AD to complain about the watch for any number of reasons, legitimate or not, and you’ll be outed immediately.

Even if your name is withheld by a future owner, your contact info is tied to the serial number of the watch at time of purchase.

The new cards have no name on the warranty, and the only information even before card change sent to Rolex at point of sale, was to active that watch warranty no other information sent.

[padi56]

Originally Posted by Nairn1980

Tbh here they search buy and sell groups and everything. I personally know several people who have been blacklisted for flipping. Certainly this side of the world it’s a “thing”

Again if this is true most all sellers never publish the watch serials on line or in any other way only mostly the approx year manufacture so how would any AD know.As for the name on say the warranty the name dont have to be the owner of watch many are bought as presents to a third party.

[Abmatt2002]

Originally Posted by Nairn1980

Tbh here they search buy and sell groups and everything. I personally know several people who have been blacklisted for flipping. Certainly this side of the world it’s a “thing”

I have heard this happens too.

[Ihatecheese]

Shop assistants staying in role for over 3 yrs? Good going

[Nairn1980]

Originally Posted by padi56

Again if this is true most all sellers never publish the watch serials on line or in any other way only mostly the approx year manufacture so how would any AD know.As for the name on say the warranty the name dont have to be the owner of watch many are bought as presents to a third party.

Because on fb groups, many people advertise the watch under their own name as a private sale.

[Swiss Mad!]

Originally Posted by padi56

How would any AD know you have flipped any watch,or sold any type of watch in the future.Most you read on internet forum today many of them IMHO are just fantasy posts.

See post #10

As stated, a future owner could return the watch to your AD for any number of reasons and then your busted.

Personaly, I dont think the AD's would have an issue if you decided after a couple of years to sell, the issue is selling hot pieces more or less straight away for a quick pay day.

Offer the watch back to the AD as trade for your next watch - you will get offered less than selling on the open market but it shows your not in it for the financial gain plus they get to sell another watch & you maintain the 'relationship' so you will still get offered more stuff in the future.

Win win

[padi56]

Originally Posted by Swiss Mad!

See post #10

As stated, a future owner could return the watch to your AD for any number of reasons and then your busted.

Personaly, I dont think the AD's would have an issue if you decided after a couple of years to sell, the issue is selling hot pieces more or less straight away for a quick pay day.

Offer the watch back to the AD as trade for your next watch - you will get offered less than selling on the open market but it shows your not in it for the financial gain plus they get to sell another watch & you maintain the 'relationship' so you will still get offered more stuff in the future.

Win win

Again any future owner dont necessarily have to be the buyer of the watch from any AD.And lets be honest how may would return any watch to any AD in the warranty period if any, a very very tiny proportion of all Rolex sold world wide.And the only information sent to Rolex is the case serial to activate the warranty no other details are sent, the newer cards have no name on the warranty so any Tom Dick or Harry name could be used at point of sale.The only name thats registered with Rolex is when ever that serial watch is sent in in for warranty work or service.

[Harry-57]

Originally Posted by Yess

Not quite sure how the AD would find out you sold the watch?

My AD found a watch they had sold the week before being offered for sale on eBay. It didn't take much sleuthing because the seller had included the sales receipt in the pictures! Once someone has applied filters and got into the routine of checking listings regularly, it isn't a monumental task to find the new arrivals and sift through them.

The Rolex buyer at my AD said they would not sell any more watches that are in demand and attracting a used premium to this individual. His behaviour attracted comments, discussion and speculation which could negatively impact on their business. But he can buy anything else he wants from them. There's curbing sharp practice, and then there's cutting your nose off.

[Rolexatlast]

Originally Posted by Harry-57

My AD found a watch they had sold the week before being offered for sale on eBay. It didn't take much sleuthing because the seller had included the sales receipt in the pictures! Once someone has applied filters and got into the routine of checking listings regularly, it isn't a monumental task to find the new arrivals and sift through them.

The Rolex buyer at my AD said they would not sell any more watches that are in demand and attracting a used premium to this individual. His behaviour attracted comments, discussion and speculation which could negatively impact on their business. But he can buy anything else he wants from them. There's curbing sharp practice, and then there's cutting your nose off.

Seems reasonable.

There are more buyers than watches available. So ADs can’t satisfy every buyer, so they have to make choices.

So given the choice between someone who:
a) had always wanted a ss sports watch and had now reached a position where they could afford to treat themselves; or
b) someone who doesn’t care about watches, but sees an opportunity to make some easy money

Choosing to sell to customer (a) seems fine to me

[brandrea]

I think my AD would frown on someone selling an in demand reference if it were bought and then resold in a short period of time (say a week or two). 3 or 4 years and I don’t think it would matter

I think most ADs are pretty in tune with who is flipping watches for a quick profit and those like me who try several references for a good stretch of time and if they don’t work out, move them on

[TswaneNguni]

Why would you want to sell a scarce and sought after reference within a year ? Why did you buy it ? Just for the profit ?

So,you just sold your Pepsi ,for a nifty profit,but are waiting for a ss Daytona and a BLNR and a Blue SkyD ?

Dont be stupid .The AD is not .

The card is swiped against your name and its a very small world .

[Swiss Mad!]

Originally Posted by brandrea

I think my AD would frown on someone selling an in demand reference if it were bought and then resold in a short period of time (say a week or two). 3 or 4 years and I don’t think it would matter

I think most ADs are pretty in tune with who is flipping watches for a quick profit and those like me who try several references for a good stretch of time and if they don’t work out, move them on

Exactly this.

100% spot on Brian

[thesharpe]

Personally I think this whole thing is a joke. I can’t think of many other sectors where it matters if you buy something then sell it right away for a profit or not. Imagine if this was cars? I can’t buy a Porsche from Porsche then sell privately for a profit? Or if I sell within a year I’m blacklisted? Ridiculous.

For me I only want a watch to add to my collection, but it’s mine to do what I want with. Say I bought a Pepsi next week but the week after lost my business and needed to sell? Screw the AD. After all it’s the AD’s who are fuelling this along with Rolex. Who cares when you sell the watch? It’s yours do what you want. If an AD (or even Rolex) takes exception they can do one.

[Nairn1980]

Originally Posted by thesharpe

Personally I think this whole thing is a joke. I can’t think of many other sectors where it matters if you buy something then sell it right away for a profit or not. Imagine if this was cars? I can’t buy a Porsche from Porsche then sell privately for a profit? Or if I sell within a year I’m blacklisted? Ridiculous.

For me I only want a watch to add to my collection, but it’s mine to do what I want with. Say I bought a Pepsi next week but the week after lost my business and needed to sell? Screw the AD. After all it’s the AD’s who are fuelling this along with Rolex. Who cares when you sell the watch? It’s yours do what you want. If an AD (or even Rolex) takes exception they can do one.

Actually I believe with some hard to get Porsche models exactly that does happen. I’ve heard stories of them retaining the registration document for a period of time.

[Tavli3]

Well try buying a new Ferrari here in South Florida, dealers are crystal clear about don't even think of selling the car to anyone but us. If you do you'll never see another new Ferrari again.

When I got my BLNR I ask my sales Rep to leave a certain sticker on as he was peeling away and he turned white and said are you Flipping this? So obviously ADs are concerned. Which I think is a good thing. As far as selling it in the future I think it's open for discussion when it would be good etiquette for you to be able sell your hot SS piece without ruffling any feathers at your AD.