Selling a Rolex on eBay - what to look out for.

Selling a Rolex on eBay - what to look out for.

Author
Discussion

Helicopter123

Original Poster:

8,831 posts

156 months

Sunday 20th July 2014
quotequote all
Ok, my immaculate 2008 Sub hasn't sold, despite being well priced, and listed up in the classifieds.

Going to have to bite the bullit and list it on eBay.

What are the scams I need to be aware of?

crostonian

2,427 posts

172 months

Sunday 20th July 2014
quotequote all
Don't accept Paypal whatever you do.

audidoody

8,597 posts

256 months

Sunday 20th July 2014
quotequote all
Trade it to a reputable dealer. Too much to go wrong on ebay.

GCH

3,991 posts

202 months

Sunday 20th July 2014
quotequote all
Use it as a shop window - nothing more.
State cash on collection only, remove postage options and have local pick up only.
Put in the description a carefully worded way of getting across that you are open to other methods, or it is 'advertised elsewhere'. You have to be very careful with this- ebay scan all listings, and certain keywords/phrases will get the listing pulled.

Genuine/established buyers know the score and are usually happy to deal off ebay.

Quinny

15,814 posts

266 months

Sunday 20th July 2014
quotequote all
eBay can work fine if you're careful.... I've just bought a gold Zenith... Saw it listed, contacted seller, asked how much he wanted... He gave me a figure, I counter offered.... We met in the middlesmile

I drove down, inspected, and was happy it was as advertised and handed over the cash... He was happy, I got a good dealsmile


benjj

6,787 posts

163 months

Monday 21st July 2014
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I was just about to post pretty much the exact same thread as the OP!

I've just knocked £100 off mine on the PH classifieds and will give it another week before looking at other options with dealers or the dreaded eBay.

I must say the whole eBay selling thing makes me very wary as there are just so many ways to get scammed unless you are absolutely pinpoint with what you will/won't accept.

Fotic

719 posts

129 months

Tuesday 22nd July 2014
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I would advertise it on there but, as mentioned, state that it's cash/BT on collection only.

I have sold watches >£1k on there without problems by insisting on BT before postage but for a watch in the region of 2.5k, we both agreed meeting up would be better. Guy came to my house with cash and it was fine. I'd say if you're not happy with any of the buyer's responses, re-list it.

Durzel

12,264 posts

168 months

Tuesday 22nd July 2014
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I'm not sure you have the option to exclude PayPal anymore?

You could try restricting it to Collection Only, which would make it more practical to receive cash, but that will limit your market to those local or willing to travel.

GCH

3,991 posts

202 months

Tuesday 22nd July 2014
quotequote all
Durzel said:
I'm not sure you have the option to exclude PayPal anymore?

You could try restricting it to Collection Only, which would make it more practical to receive cash, but that will limit your market to those local or willing to travel.
No you cannot.

However, stating local pickup only and removing all postage options is effectively a way round this, plus also how you word the description. You can make it very clear but without getting the listing pulled.

Only a certifed loon would accept paypal then allow pickup, given the massive chargeback/dispute loophole that exists with that.

Edited by GCH on Tuesday 22 July 09:17

Fotic

719 posts

129 months

Tuesday 22nd July 2014
quotequote all
You could insist that anyone interested contact you first and then arrange the whole thing off line, to get around paypal.

yeti

10,523 posts

275 months

Tuesday 22nd July 2014
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Fotic said:
You could insist that anyone interested contact you first and then arrange the whole thing off line, to get around paypal.
That's how I have done it every time. ALWAYS insist on face to face and cash paid in at the bank with you both present. If they won't, lose them, there are plenty more buyers.

You can;t refuse to take PayPal in your ad or eBay will not accept it; you just need to word it right...

hilly10

7,117 posts

228 months

Tuesday 22nd July 2014
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Do not sell to the Nigerian chappie who says the watch is for his cousins birthday