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Old 2 July 2020, 11:00 AM   #31
JRell
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Originally Posted by calvin888 View Post
I know some ADs top management proactively monitor their sales personnel on this, and they get fired once they found out they do side deals with the grey market dealers, but sometimes i bet the deals are already made way higher up
Yep...sad and we are the ones that pay the price!
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Old 2 July 2020, 11:43 AM   #32
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Do you have a say on how the AD spends your money after the sale?
Unless you pay with finance the watch is your property.
this.. plus how would they know?
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Old 2 July 2020, 12:04 PM   #33
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Not a big deal in the slightest.

It's not like they can sue you or accuse you of a crime that you have to provide a defense for...

It's simply if it gets back to the AD that you sold the watch, especially flipping it to the grey market, then they just won't sell you another Rolex..

It's you watch, you can do with it what you want..

It's their store, they can shut you off if they want.
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Old 2 July 2020, 12:36 PM   #34
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This is the way buying a Rolex used to be.
Yup. Miss these days. They'll come back - 'when' being the variable.. hopefully sooner than later.
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Old 2 July 2020, 12:53 PM   #35
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If you become tired of a hot watch, you can probably sell it back to the AD and not damage your relationship.
They sold you the watch below market value, so the courteous thing to do is sell it back to them below market value.
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Old 2 July 2020, 01:44 PM   #36
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If I buy a product, then it is my product, and I can do with it as I please. A lot of people on here sound like women: how can I build a relationship; will they sell me another watch; how can I kiss their feet; should I give them a gift for selling me a watch. Jesus, people, become men.
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Old 2 July 2020, 01:49 PM   #37
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My AD told me before putting me on the SkyD blue that had to sign a form, saying the watch is for me and not resale. And that if I do resale it, they won’t provide me Rolex anymore.
I actually do not mind this at all. Sure one may change what they like or want down the road but nothing is worse than guys who want to collect and wear a watch they cannot find. But a flipper gets one then next day posts it online to flip.

Happens often here in Vancouver
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Old 2 July 2020, 02:11 PM   #38
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My AD told me that if I sell a Rolex I purchase from them new they could lose their contract with the company and Rolex will find out. The AD says they sell only to their customers that they are sure will not turn a purchase. My AD told a story of a customers daughter that sold her father’s Rolex after he passed and Rolex contacted the AD about it.


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Old 2 July 2020, 03:08 PM   #39
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Once the watch is purchased unless you have a lien by the AD, the watch becomes personal private property of the purchaser. Private property can be transferred only with its owner's consent, and by due process such as sale or gift. I believe the ownser can do whatever he wants. So many secondary markey dealer filled with pieces, can't all be coming from individual flipping.
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Old 2 July 2020, 03:21 PM   #40
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I have never asked an AD if I could sell my watch, or anything else that I might do in the comfort of my home, and I'm not about to start.

If one told me that I had offended them after having dropped some large money on them, I would take my business elsewhere.
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Old 2 July 2020, 03:33 PM   #41
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Quote:
Originally Posted by Fleetlord View Post
Not a big deal in the slightest.

It's not like they can sue you or accuse you of a crime that you have to provide a defense for...

It's simply if it gets back to the AD that you sold the watch, especially flipping it to the grey market, then they just won't sell you another Rolex..

It's you watch, you can do with it what you want..

It's their store, they can shut you off if they want.
Exactly this,

It is a Gentleman’s agreement in my eyes a trust thing if you buy it and sell it for a big profit a few weeks later ,Damn sure they have the right to be pissed off. All this attitude off you can do what you like . My AD tries his hardest to sell to people who are keepers . Buyers who are desperate to own the watch regardless off if they sold it could make a 50% profit , from conversations I have had about watches turning up sold shortly after leaving his AD the buyer is no longer a customer they wish to entertain .

Trust and know your clients comes up quite regular in our conversations. Only Sell to people you trust, He will even buy back used hard to get bits at full retail and in my opinion you can’t get fairer than that
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Old 2 July 2020, 04:35 PM   #42
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Originally Posted by ma2045 View Post
Do you have a say on how the AD spends your money after the sale?
Unless you pay with finance the watch is your property.
Absolutely.... no one can stop you flipping.
However no one can force them to ever sell you another Rolex.
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Old 2 July 2020, 04:39 PM   #43
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Originally Posted by waynorth View Post
If I buy a product, then it is my product, and I can do with it as I please. A lot of people on here sound like women: how can I build a relationship; will they sell me another watch; how can I kiss their feet; should I give them a gift for selling me a watch. Jesus, people, become men.
You didn’t learn much at school?

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Old 2 July 2020, 04:55 PM   #44
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My AD is reluctant to take back a watch in trade, they say sell it privately. They state that if they take in trades the price would an embarrassing low ball.
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Old 2 July 2020, 04:56 PM   #45
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Originally Posted by BillBrasky626 View Post
I've gotten a good rep with my local AD and they've hooked me up with a few watches I want. I still have the usual 'wish list' in with them for more. I'm curious if I sell one of my Rolex watches that I got from the AD, will they find out somehow via warranty,etc and cut ties with me?

Happened before with forum members here so it is possible to happen with you.
It also depends on the model being sold, if it’s one of those hard to get watches then there’s a big chance the AD will think you’re a flipper.
We all know it’s our right to do whatever we want with our possessions and there are many reasons other than flipping that lead us to sell a watch but unfortunately, for an AD it can only means one thing.


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Old 2 July 2020, 04:59 PM   #46
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After 2 years of time should be OK for selling/trading.
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Old 2 July 2020, 07:36 PM   #47
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Originally Posted by BillBrasky626 View Post
I've gotten a good rep with my local AD and they've hooked me up with a few watches I want. I still have the usual 'wish list' in with them for more. I'm curious if I sell one of my Rolex watches that I got from the AD, will they find out somehow via warranty,etc and cut ties with me?
They will only care if you sell a recently acquired "hot" model. They couldn't care less if you sold a Datejust/Cellini/YM2/Daydate etc. they'd be happy to have it moved from their inventory in the first place.

The problem with you selling something like a Pepsi, is that they gave you priority over other important customers that genuinely wanted to own, wear and enjoy that watch. Now you're flipping it for profit and indirectly screwing over, not just your AD but also waiting customers.
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Old 2 July 2020, 08:21 PM   #48
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Originally Posted by Tools View Post
I have never asked an AD if I could sell my watch, or anything else that I might do in the comfort of my home, and I'm not about to start.

If one told me that I had offended them after having dropped some large money on them, I would take my business elsewhere.
+1

This thread is a real head-shaker.
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Old 2 July 2020, 08:46 PM   #49
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+1

This thread is a real head-shaker.
People speculate about supply and demand, hidden inventories, Rolex introduction plans, etc., so why not speculate about buying selling and flipping.
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Old 2 July 2020, 08:59 PM   #50
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People speculate about supply and demand, hidden inventories, Rolex introduction plans, etc., so why not speculate about buying selling and flipping.
Why not indeed - my comment was directed at the premise of this thread (i.e. AD behavior), not the poster of it.
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Old 2 July 2020, 09:11 PM   #51
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I’d say it has more to do with time....

I can see if you bought a watch and sold it a gew weeks later, that might not sit well.

If you bought, wore it for a year or two and you didn’t bond with it and sold, it’s viewed differently, IMO
For sure, if you're a flipper mercenary then no one will like you, go ask your mother.
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Old 2 July 2020, 09:49 PM   #52
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Simple solution. Have a discussion with the AD and determine their expectations on ownership of a watch. It is only the hot watches, Daytona-C, Pepsi, Hulk, Batman, ect, that we are talking about. Watches that will bring significant profit above msrp. I have had this discussion with my AD and have agreed to offer the watch back to them first should I decide I want to sell the watch. This is a current market value, not msrp. It would be unrealistic for an AD not to pay fair trade value as they made thousands off the first sale and will make thousands off the second sell. We have done this on a few watches and all is good. In the end just communicate with the AD and see what the expectation is on ownership and selling.
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Old 2 July 2020, 10:04 PM   #53
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The AD has the right to refuse to sell to an individual for whatever reason they see fit, just as any buyer has the right to chose who they do and do not buy from.

My AD says they are not the Rolex Police, but they take a balanced view. People have changes of heart or changes of circumstances. And it is none of the AD's business what the new owner of a Rolex does with it subsequently. But they have a lot of customers, some waiting for hot models. They need to take this into consideration. They will call this customer care, and there is an element of this. The bigger part of it is business protection. If they get a reputation they may ultimately lose business from both below and above.

The Rolex buyer at my local AD told me of a recent hot model he sold that went straight onto a website sales listing, complete with sales receipt and serial number visible. That customer has been dropped to the bottom of other hot lists he is on and will keep getting put to the bottom every time a new person is added. So he's still on the lists, but... Other than that he can still walk in and buy anything he wants. There's blatant flipper displacement and then there's cutting your nose off.

There is variation from AD to AD and chain to chain. In very few cases (none in my subjective opinion) will any practice of this nature be a Rolex policy. ADs may claim it is Rolex policy because it's an easy dodge and allows them to move the discussion on.
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Old 2 July 2020, 10:23 PM   #54
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Money talks and BS walks. Especially at ADs

You could flip a BLRO and they could blacklist you. But if you walked back in asking for a bundle deal that is juicy for them, cos you want another BLRO...I guarantee they would do business with you again
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Old 2 July 2020, 10:33 PM   #55
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"Does selling a Rolex annoy the AD?"

Apparently, it doesn't take much to annoy them; ask for a watch to buy, sell a watch... even set foot in the hallowed space between the bricks and soft furnishings, below the big R logo... walk out with tail firmly between your legs and head bowed in shameful deference...
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Old 2 July 2020, 10:34 PM   #56
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Rolex selling you only one Rolex instead of selling you two Rolex annoys the AD.
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Old 3 July 2020, 01:10 AM   #57
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If it's the blue SkyD, yes I would agree to it.
I think I would enjoy wearing it for a long time.
I can probably guarantee that I'll hold on to it within the warranty period (5 yrs).
After that, I wouldn't feel guilty letting it go.
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Old 3 July 2020, 02:16 AM   #58
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Keep what you want and sell what you want. Most importantly don’t buy to flip because that’s very cheap.


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Old 3 July 2020, 03:29 AM   #59
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An AD had me sign an agreement before putting me on a wait list that if I sell the Sub during one year from the purchase date they will not sell me any Rolex watches.
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Old 3 July 2020, 04:04 AM   #60
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My SA of 22+ years knows I’ve had a bunch of watches over the years, he’s sold me a bunch of them. Selling something years down the road is way different than buying one strictly to resell, he knows I wouldn’t do that.
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