The games played with my AD - Crazytimes

[Tricolore66]

Indeed! I was wondering how many posts it would take to get here. It sounds like the AD has the OP well-trained, but if he prefers to think he’s working the system then more power to him. Calling watches you don’t want garbage-pieces is sort of childish though.

Originally Posted by sgwatchguy

Who’s playing whom?

[drfrankenstein]

Originally Posted by CastorKrieg

How is the is a new strategy? His AD is doing exactly the same thing as every other AD - essentially telling him to buy crap so he can get a desired piece. Works for him, but then again I wouldn’t say a gain of 11k$, especially since he plans to keep the pieces is something to write home about. A gain on paper is not worth much, you gain when you sell, everything before are just meaningless numbers.

OP - I'm super happy for you, profit while you can because that SA is getting fired sooner or later. Hot pieces are a means to reward loyal customers who KEEP their watches. You are flipping, just not hot pieces but everything else, and immediately. That Cellini you flipped is one Cellini less that an AD can sell to a new customer. Since you are selling almost immediately one of these watches will quickly surface in the AD network, and they will look at the SAs sales record. Again, profit while you can but that 'strategy' works only because the SA is doing a bad job (maybe without even realizing).

Why is the SA doing a bad job? SA is selling and OP is buying. Both are getting what they want.

[Robert Bruce]

I have had quite a few of the desirable Rolexes, and have never paid over MSRP for any of them, but I have also never sold one for more than I paid for it; that would be karmic suicide.

[Jim P]

Originally Posted by Greglaw

I was stupid enough to click on this so who knows

[flyboyyy]

Originally Posted by brandon13

Quick follow up....OP here. Since my last post, AD has come through with the new black sub stainless and the Pepsi, which were high on my list. I turn, I bought one more Cellini and a lady TT DJ. Sold both of those on OfferUp locally at a total loss of $4400....for those counting. Really didn’t care, as I rather get the desirable sport models I want directly from AD than grey.

Now I am owed something from AD before I buy another “sacrificial piece” lol...keeping my fingers crossed it’s the white dial Daytona.

Isn't it about time you shared a pic of all your newly acquired hot pieces sitting nicely in a box?! I'm sure everyone would love to see them together at last...

[FORTN]

It sounds crazy that you have to buy what you don't need, but it is an interesting and profitable game.

[asiparks]

Originally Posted by flyboyyy

Isn't it about time you shared a pic of all your newly acquired hot pieces sitting nicely in a box?! I'm sure everyone would love to see them together at last...

I certainly would.
Happy to have my sense that this is all bull proven wrong.

[dannyp]

I think it's worth breaking down what's really going on (to better evaluate), and see that there are many nuances to it:

1. OP's "loss" on each flipped piece wasn't really a "loss" on the piece, per se: It's the premium he was willing to pay over MSRP for the piece he really wanted. By that logic, he seems to be doing better than he would buying those stainless pieces on the grey market (which, BNIB, go for more than $3-4k over MSRP).

2. Most likely, the rep would love to sell those undesirable pieces to a grey dealer at a large discount but for some reason cannot (store policy, concern over Rolex reaction, etc.). He's essentially found a "mule" in the OP, willing to be the go-between.

3. Whether or not this is a good strategy depends entirely on two things: Willingness to pay a premium over MSRP and risk tolerance. If both are high, then it's a great idea. If both are low, then it's a poor choice. The most important thing, though, is to fully understand what you're doing here and decide it's the right approach.

[Rick Deckard]

Originally Posted by dannyp

I think it's worth breaking down what's really going on (to better evaluate), and see that there are many nuances to it:

1. OP's "loss" on each flipped piece wasn't really a "loss" on the piece, per se: It's the premium he was willing to pay over MSRP for the piece he really wanted. By that logic, he seems to be doing better than he would buying those stainless pieces on the grey market (which, BNIB, go for more than $3-4k over MSRP).

2. Most likely, the rep would love to sell those undesirable pieces to a grey dealer at a large discount but for some reason cannot (store policy, concern over Rolex reaction, etc.). He's essentially found a "mule" in the OP, willing to be the go-between.

3. Whether or not this is a good strategy depends entirely on two things: Willingness to pay a premium over MSRP and risk tolerance. If both are high, then it's a great idea. If both are low, then it's a poor choice. The most important thing, though, is to fully understand what you're doing here and decide it's the right approach.

Nailed it!

[Milibrk@]

I rather play the AD game and bundling than go grey for 1 reason and that is my pieces will be brand new with my name on the card.

[kizerman]

Originally Posted by brandon13

Won’t mention which AD this is for obvious reasons, but for the past year or so I’ve been paying a fun “game” with them. I will say that this is a VERY reputable dealer.

With zero past purchase history, In the past 10 months I’ve gotten a DD40, Hulk, Batgirl, and just last week the new Ceramic Kermit. (BLRO and Daytona promised within the next few months...Let’s see)

After being tired of getting on the “waiting list” with my other usual AD...A few months ago I walked into this other AD and had a nice and long chat with a young sales rep. Nothing special, just general watch talk. I guess the guy trust me and said: look, let’s plan how we can get your full collection complete within the next year. I said sure!

So here’s the master plan offered by him...in essence: buy a crappy slow moving piece (read lady watches) and I’ll get you a solid find right after. Then rinse and repeat.

My first “try and see” was getting a decent looking piece for my wife...but nothing I would ever really buy otherwise. A week later he had my DD40 YG ready. I wasn’t really surprised because DD40s are not technically disappeared but still...I had been looking.

Then I bought a Cellini (which I sold locally at a loss of $3000 right after) but that got me the Hulk a month later.

So on and so forth...a couple more of slow moving butt ugly two tone lady pieces later I can honestly believe that they are coming through as Batgirl and Cermit are on my hands.

I have sold all but one of the garbage pieces I had to buy at average losses of $2k each....but upside on the other finds I have gotten has made it good business...not that I plant to sell any of the ones from my collection...but you get the idea.

I’ll see where this takes me...I would have never thought I’d be stupid enough to buy a Rolex just for the chance at getting another Rolex. My common sense tells me I’m idiot...but it’s been kinda fun though.

This seems like a lot of work and time. I just kind of wait until the AD calls then I go pick up the exact watch I requested. Call me crazy.

[Youngskydweller]

Originally Posted by Milibrk@

I rather play the AD game and bundling than go grey for 1 reason and that is my pieces will be brand new with my name on the card.

What card ?

The new Cards have No name on them