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open discussion: Selling above costs ok?
- Thread starter crick
- Start date
FREE MARKET for me-
Just don't lie-
Say what it is, say what you want- if it's too much nobody buys- Don't make up a bunch of crap "Serviced" etc.
To keep it clean let all listings run for SEVEN days period. That will encourage people to price things right rather than ask a fortunate and do BUMPS every day for a month. Then they move into the expired folder.
But I have a box full of Davidsens with Swiss movements- If those movements now are coveted why shouldn't I be able to sell them for $600 even though I paid $400??
I sold my Gen 111G on the risti for $2K more than I paid and I got SIXTEEN Emails for the watch- some even wanted to pay more if I'd bump them up the list... Should be the same here.. Everyone knows if you buy a bunch of stuff from some dealers you get a slight break and free shipping, and yet I'm sure some of those watches are resold here for cost or slightly above.
Just don't lie-
Say what it is, say what you want- if it's too much nobody buys- Don't make up a bunch of crap "Serviced" etc.
To keep it clean let all listings run for SEVEN days period. That will encourage people to price things right rather than ask a fortunate and do BUMPS every day for a month. Then they move into the expired folder.
But I have a box full of Davidsens with Swiss movements- If those movements now are coveted why shouldn't I be able to sell them for $600 even though I paid $400??
I sold my Gen 111G on the risti for $2K more than I paid and I got SIXTEEN Emails for the watch- some even wanted to pay more if I'd bump them up the list... Should be the same here.. Everyone knows if you buy a bunch of stuff from some dealers you get a slight break and free shipping, and yet I'm sure some of those watches are resold here for cost or slightly above.
maybe... but mostly just so i could floss it...
that's an idea though.... socal family should do some reviews... get a light tent... there's some amazing watches in the area...
that's an idea though.... socal family should do some reviews... get a light tent... there's some amazing watches in the area...
Well, let's take my recent 001B sale for example. I sold it for $350. Babola has pretty much the same watch with the same mods and claimed he wouldn't sell his for less than $500. Does that make babola a bad guy? Nope. Does that mean I undervalued the watch? Maybe, but I listed it at what I thought was a fair price, considering you could get a comparable watch straight from DSN (albeit with different flaws, better or worse is up to the individual) for about $380 shipped. I gave it a "competitive" price because I didn't want to have it sit on the FS forum for weeks waiting for the "right" buyer.
For babola it wouldn't be worth it to sell his for $350 and I didn't want to wait to find someone willing to drop $500. We each make our choices and live with the consequences. If LOS turns around and sells it for $500, that's his right, it's his watch now.
I have to agree that as long as the listing doesn't contain falsehoods/lies, we should stay out of it for the most part. I wouldn't try to impose that opinion on anyone else, however. I'm OK with questioning a price, as long as it's done respectfully. People can buy or pass at their own discretion.
For babola it wouldn't be worth it to sell his for $350 and I didn't want to wait to find someone willing to drop $500. We each make our choices and live with the consequences. If LOS turns around and sells it for $500, that's his right, it's his watch now.
I have to agree that as long as the listing doesn't contain falsehoods/lies, we should stay out of it for the most part. I wouldn't try to impose that opinion on anyone else, however. I'm OK with questioning a price, as long as it's done respectfully. People can buy or pass at their own discretion.
well I don't think it should be managed to that point. I do aree with the free market thing. Also, just because something isn't selling doesn't mean the seller is asking too much rather people are being cheap.
- 4/3/06
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cybee said:
not only this, but.. also consider replacement value... but not in the typical sense...
If I want to purchase a watch because I'm not currently wearing it much (say... a PAM192 with Lemania Movt.) but I would rather have a HBB take it's place... and that is the only watch that I want. I might consider selling that 192 for $275 even if I only paid $190 for it. To me, replacement value does not only apply to exact watches when replacing.
That's my $0.02 :wink:
I have been known to "thread crap" quite often. I use quotations because I do not see it that way. I have only ever wanted to inform and help out someone. If you say something in the least bit way negative or use constructive criticisms the OP usually throws a hissy fit and others join in with the OP in the bashing. Now I realize that what I have to say may impact his sale, but then again it might not. Again, I don't care about that. All I see it as is a forum to inform.
Can a person sell a rep for more than they paid for it? Sure. Is it right to do so? If you think it is, so be it.
But don't get mad at me when I let the noobs or other people know that so and so has the same watch for $200 less. I mean if we are helping one another, how does that hurt?
Can a person sell a rep for more than they paid for it? Sure. Is it right to do so? If you think it is, so be it.
But don't get mad at me when I let the noobs or other people know that so and so has the same watch for $200 less. I mean if we are helping one another, how does that hurt?
A watch is only worth what someone is willing to pay for it. Same with a house, a car, etc. If I buy a house for $300,000 and the housing market goes up, am I a bad person for asking $350,000? Nope. Now if the market goes down, and I ask for $350k, then I am just stupid...or maybe not!! That doesn't mean that there isn't someone out there that isn't willing to pay it!
It's a free market society. Caveat Emptor!! Prices should mostly be determined by the current market for whatever you are selling, IMO!
It's a free market society. Caveat Emptor!! Prices should mostly be determined by the current market for whatever you are selling, IMO!
I have no problem with people selling for current market value regardless of what you paid for it. If Market value is twice what it cost you there is nothing wrong with selling it for that price. Each person has to use their own conscience in this matter. I find I never break even when turning over items here. I do this because I really enjoy it and not to make money. It is always up to the buyer to determine the value of an item and decide what they are willing to pay for it. I am always surprised by the sales posts where someone wants within a couple of dollars of what they paid for something, and how quickly people are to snap it up. Hey, more power to them.
Re: open discussion: Selling above costs ok? The real question
The real question...is the seller claiming the income on their taxes :shock:
The real question...is the seller claiming the income on their taxes :shock:
Re: open discussion: Selling above costs ok? The real question
:lol: :lol: :lol:pete2528ca said:
Put up a watch for whatever you think the value is,if someone agree's with that value,they buy it,if not,they don't.....i don't see the issue....
I have never agreed with the label of 'scammer' to those websites or anybody that sell's a watch for a price someone pays,and they get what they bought.
If you pay money for something you do not receive,that is a scam....if you pay $1000 for a watch you could have bought elsewhere for $250,and did get your watch,that is not a scam....do your research...
The owner of anything can dictate what the price is that he will part with it for,if nobody wants to pay that price,so be it....
I have never agreed with the label of 'scammer' to those websites or anybody that sell's a watch for a price someone pays,and they get what they bought.
If you pay money for something you do not receive,that is a scam....if you pay $1000 for a watch you could have bought elsewhere for $250,and did get your watch,that is not a scam....do your research...
The owner of anything can dictate what the price is that he will part with it for,if nobody wants to pay that price,so be it....
The scam sites are so-called for their misleading and false advertising about their products. They get away with the lies and they are definitely selling above cost, but their intention is to misinform. That's a big distinction between us and them.
tootall said:
Agreed 100%. That is NOT thread crapping to me. Because if a dealer is offering the SAME WATCH for less, than the seller is obviously no where near market value on the same used piece. Now, if the watch is modded, has a different movement, whatever -- the equation obviously changes.
In the case of that HBB, it's offering a movement that I have NEVER seen in any HBB rep. Would I even remotely consider spending ~$2K on a rep? Not on your life. Someone else might, though. Who am I to say it's not worth it, when there are no "comparables" to judge it by?
My take: as long as the watch is as advertised all is good, no matter what the price..
a little bit of due diligence on the buyers part, if it leads to a decision to buy?
k
a little bit of due diligence on the buyers part, if it leads to a decision to buy?
k
I think Crick brings up a great issue...I think it came about because I recently called out a seller and asked for a justification of price.
Basically the guy bought the watch for $350 from another member and was trying to sell it for $625. He didn't mod it any further, just turned around and put up a snazzy sales thread.
I simply asked for him to justify his price...thats all...then it sorted got out of hand. Now if he was selling it for $450, I would of said nothing simply because to get a 111e and have it modded with a pin fix + superlume you got to add $200 to the base watch minimum.
He was asking $625 for a $450 watch. I've been around long enough if a watch warrants a certain premium. Maybe its out of production (like my correct hand stack GMT master & Expl II)...I can see a premium added to it...Maybe its a 3717 + double AR + ETA day/date wheels...Even though I can build this for $360, I can understand a member selling it for $500, because I know if you were to buy it unmodded from TT or Josh, you'll pay more up front...have to pay to ship to k2222 (with chieftang you have to wait for an AR run)...then add on $110 for the mods and on top of that it can take up to a month because Jakub is busy. So I'm not saying that its wrong to flip a watch for more than you paid...but the price has to be justified...If you simply buy something for $350 & turn around and ask $625, I will "threadcrap"....
Simply put, I will use my best judgement when to make a comment...not because I like being a pain in the ass for the seller, but because I'm trying to inform the buyer.
Basically the guy bought the watch for $350 from another member and was trying to sell it for $625. He didn't mod it any further, just turned around and put up a snazzy sales thread.
I simply asked for him to justify his price...thats all...then it sorted got out of hand. Now if he was selling it for $450, I would of said nothing simply because to get a 111e and have it modded with a pin fix + superlume you got to add $200 to the base watch minimum.
He was asking $625 for a $450 watch. I've been around long enough if a watch warrants a certain premium. Maybe its out of production (like my correct hand stack GMT master & Expl II)...I can see a premium added to it...Maybe its a 3717 + double AR + ETA day/date wheels...Even though I can build this for $360, I can understand a member selling it for $500, because I know if you were to buy it unmodded from TT or Josh, you'll pay more up front...have to pay to ship to k2222 (with chieftang you have to wait for an AR run)...then add on $110 for the mods and on top of that it can take up to a month because Jakub is busy. So I'm not saying that its wrong to flip a watch for more than you paid...but the price has to be justified...If you simply buy something for $350 & turn around and ask $625, I will "threadcrap"....
Simply put, I will use my best judgement when to make a comment...not because I like being a pain in the ass for the seller, but because I'm trying to inform the buyer.
I followed that pretty close on RG Dylan. I had mixed emotions about the whole thing while it was going on to be honest. i saw your point, but thought it was a bit uncalled for going as far as calling him a scammer per se. I understood your point about trying to keep the noob from paying that much for a watch that was not worth anywhere near what he was asking. It is a fine line. I assumed this was in reference to that thread also.