Watch Flipping 101 - 4 Important Rules To Buying And Selling Affordable AND Luxury Watches

  Рет қаралды 77,670

WatchChris

WatchChris

3 жыл бұрын

Watch Flipping 101 - 4 Important Rules To Buying And Selling Affordable AND Luxury Watches
Please don't forget to like and subscribe if you liked this video its much appreciated and very helpful.
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Below is a list of some of my Favorite watches available on Amazon -
Tissot Seastar 1000 blue/black dial Powermatic 80 - amzn.to/30hHnzx
Hamilton Khaki - amzn.to/2QpxyLr
Seiko Blumo SBDC033 - amzn.to/30iZB3G
Casio World Timer - amzn.to/30sxajj
Casio G-Shock DW9052-2 - amzn.to/2LEJB30
Silicone oil i used to mod my Casios - amzn.to/354xns7
SEIKO SBDC061 - amzn.to/2Nrmmvt
Special edition Seiko Turtle Save the Ocean - amzn.to/2OpBgST
Seiko SKX009 - amzn.to/30gGxmS
Seiko SNZH57 - amzn.to/353aZ2w
Affiliate link to Undone watches - www.undone.com/?rfsn=4032770....
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(***The above links are affiliate links. I am an Amazon, Associate. If you make a qualifying purchase, I am paid a small commission from Amazon.)

Пікірлер: 90
@peterc3700
@peterc3700 3 жыл бұрын
Great advice! Having had similar issues I agree with everything you’ve stated! Thanks Chris!.
@jonathanrobinson9208
@jonathanrobinson9208 3 жыл бұрын
I've been collecting watches for quite a few years and given some away to family and sold a few to close friends. I've considered selling some,and your information is very helpful ! Thanks for the advice ! 👍❤
@SlatersWristGame
@SlatersWristGame 2 жыл бұрын
Great video! Very informative, honest, and helpful!
@underachievingwatchcollect1878
@underachievingwatchcollect1878 3 жыл бұрын
Great advice! I think long and hard before I buy another watch(I get anxious having too many watches)! I’m way in the black with my Rolex pieces which might make up for my many losses. I just plan on losing money 💵 on watches but only buy what I really love. 😎
@deliverance310
@deliverance310 2 жыл бұрын
glad i came across this video. my dad just passed and I got a few of his watches, nothing fancy.. but it triggered something in me.. a few days later I find myself buying a bulova precisionist watch from a co worker for a great price.. and now im looking at videos and websites trying to get a hold of cool watches.. not even trying to sell them. I didnt this this shit was addicting but my god lol
@manueljnegrete5048
@manueljnegrete5048 8 ай бұрын
Hi Chris, I learned tomething when when I was studying for for my real estate license which applies for most purchases. We gain or lose on the front end. Example, I just purchased a GS sbgm221. If I would have paid retail or more for it I can never recoup that extra money that I paid. TIt applies even to Rolex or other desirable watches. Yes, we may make money at the sale but if we paid $1000 more then it's worth that money is gone forever. Love your videos.
@engineer_wannabe
@engineer_wannabe 3 жыл бұрын
Really great video Chris! Thank you! So true about how difficult it is to sell...I had no idea Paypal/ebay was so ridiculous about returns...🤦‍♂️
@robertarevalo5306
@robertarevalo5306 3 жыл бұрын
Thank you for the great advice and information. From time to time I do sell my watches to friends, but I don’t get what I’m asking for. I’m not sure if I want to deal with returns from eBay or PayPal. I think I like trading better. Great video once again. Thank you.
@scottpiebenga7655
@scottpiebenga7655 Жыл бұрын
Great down to earth approach.
@realwarriorscholar
@realwarriorscholar Жыл бұрын
Thank you for your honesty. I buy what I like but tastes change over time..
@jasonlayman8817
@jasonlayman8817 2 жыл бұрын
Great rules for all flips.
@WatchWitt
@WatchWitt 3 жыл бұрын
Great tips to live by! Thanks for sharing scenarios from your twenty years of experience!
@WatchChris
@WatchChris 3 жыл бұрын
Thank you!
@bruceleroy8063
@bruceleroy8063 3 жыл бұрын
Great video. Thanks for the tips.
@WatchChris
@WatchChris 3 жыл бұрын
Thank you Bruce!!
@brianmsahin
@brianmsahin 3 жыл бұрын
Good advice!
@bbqworld2103
@bbqworld2103 2 жыл бұрын
Great video! I’m new to watch buying, can you resell that watch return after renovating the watch?
@Dave062YT
@Dave062YT 3 жыл бұрын
I'm just a collector and never sold any of my watches [given a few to family and friends].If I was a watch reviewer getting free watches I'd prob sell a few but these are my babies and couldn't bring myself to sell one .
@tudorlupu4691
@tudorlupu4691 Жыл бұрын
Great video! I fully agree with everything you said, except one thing: i do not agree with the fact that you need to accept the return of a watch someone bought from you after 4 MONTHS. Longest scenario can be 1 week, because common, it’s not necessary for you to wear a watch for 4 months in order to “get used to it” that’s bs for me. If someone would come to me after 3 or 4 months and wants his money back, i would tell him that i’ll buy it for 50-70 cents on the dollar, especially if it’s in bad condition, or not in the exact same condition as i sold it to him. And this is the case if a watch is worth up to 10k. If we are talking about APs or high end rolex models, like some day dates, or daytona’s, which are in a market that changes daily, clearly not….other than that, keep up the good work and stay safe!
@PatDiCola
@PatDiCola 3 жыл бұрын
Great content. Sounds like we do the identical things. We really should chat at some point.
@boydsargeant7496
@boydsargeant7496 Жыл бұрын
Many thanks, really interesting. That return policy, is that only new or expensive watches? What about vintage watches with no history, or cheap £100 old watches?
@typebflieger
@typebflieger 3 жыл бұрын
Great video and excellent advice. A lot of sellers on forums such as WUS have great feedback, yet often state that they don’t offer returns. However, I assume they must have to take returns if the watch is delivered to the buyer damaged and if standard PayPal (not F&F) was used for the purchase. As a forum or Instagram seller, should you explicitly state that you take returns or only offer them if the Sh*t hits the fan?
@karimelzein9115
@karimelzein9115 2 жыл бұрын
Solid advice
@moonmagiccandle8363
@moonmagiccandle8363 Жыл бұрын
This happened to me also. But eBay sent the buyer the money for the watch that I was selling him. And the buyer sent me a broken ladies watch back. So he got my money and my Ferrari watch!! and I walked away with nothing and eBay didn’t help very frustrating!
@MrZanzibar123
@MrZanzibar123 3 жыл бұрын
Wow! Paypal's policy is bullshite! Thanks for the helpful video.
@jdfile310
@jdfile310 Жыл бұрын
Interesting points...
@watchchimp3102
@watchchimp3102 3 жыл бұрын
Good advice, the thing you hint at, but don't say directly is a key component of buying and possibly selling a watch is getting a good price on the initial purchase. If you just pay retail, you're gonna get killed when you sell. I haven't sold any (yet), but I typically see what the model I am looking at is selling for before I push the button to buy. Also, it depends on timing; I've got a few watches that I bought 20+ years ago that are worth much more than I would have anticipated, but then again I have others that are worth much less! Best advice is to buy what you like and don't worry about resale.
@opixmitx
@opixmitx 2 жыл бұрын
Great Video
@RonTimmonsM1
@RonTimmonsM1 2 жыл бұрын
I describe it as best as I can get the best photos I can and I list it as is no returns. I also mention I am not a watchmaker and that I have seen item in working condition but because it is sold as is no warranty no returns and I am not watchmaker, you will receive watch as stated in non returnable condition. I have done well with it.
@conservativemovement
@conservativemovement 2 жыл бұрын
Super helpful, thank you.
@PatDiCola
@PatDiCola 3 жыл бұрын
My eBay store just removed PayPal as payment. Ebay is doing the payment processing now. They don't give you the option anymore.
@Hitngan
@Hitngan Жыл бұрын
If a watch trader didn't want competition he would make a video like this.
@freequest
@freequest 3 жыл бұрын
Interesting. But no, for me, it's the movements and a good looking watch on top. Why I picked up the Farr & Swit Wayfinder, and BTW it turned up, and it is glorious. The Lume lasts all night and is readable (that's how I test lume if I can still read it in the dark in the morning before I get up). Two more to get something with a Miyota in it and a Seagull. Not interested in the high-end stuff, I would be too worried to wear it in public, and that's no fun. Most of this comment is basically for YT Algorithm. Though I could tell you about camera gear (:
@WatchChris
@WatchChris 3 жыл бұрын
That Farr swit is cool as hell love the lume... What cameras do you use?
@gamesetmatt23
@gamesetmatt23 3 жыл бұрын
I might be mis-understanding what you said about PayPal's return policy, but if I'm not -- who would ever keep a watch longer than 6 months!!? Just return it for a full refund and buy another brand new! 😂 (I'm not actually supporting this activity, just highlighting how ridiculous the policy sounds)
@a_z.tazzzfan8497
@a_z.tazzzfan8497 3 жыл бұрын
Good guidelines (don't like rules). I buy all my watches with the expectation of keeping them. With that said, I've sold over 400 since 2011. About 375 I have owned for 3+ years. I don't sell for profit or to break even. I have someone that sells them for me. All I do is provide him with a spreadsheet with the details, condition of the watches & what I'd like to sell them for. I price them lower than others are selling the same item for in order to have a quick sale. I've literally made a profit (for me) on no more than 50 of those watch sales. I DON'T CARE. That's the price I pay for buying online without seeing the item first in a brick & mortar store. In many cases had I seen & examined in a store, I would not have pulled the trigger. I feel for you on that bogus return. I had a similar situation on one of my sales. It was a Seiko Kinetic. The buyer returned it stating the rotor hold down screw came out. Refunded the buyer. When it was came back, we compared the back of the watch with the photo in the listing. The caseback had been removed. The power cell had been swapped. WTF 😠
@a_z.tazzzfan8497
@a_z.tazzzfan8497 2 жыл бұрын
@PrimeVids As far as that transaction; nothing as eBay sides with the buyers. I ended up buying a new power cell, taking it to a jeweler to install it and give the case & bracelet a thorough cleaning/polishing. Listed & sold it a month later for about $35 more than what the bogus buyer paid to a completely satisfied buyer. Since I'm a regular customer for the jeweler, I got a decent discount on the services, so my additional $$ loss on the final sale was palatable.
@coleBlap
@coleBlap Жыл бұрын
What if I’m not buying the watch? What if I’m selling the watch to another business or person? While it’s still in the ownership of another business? Basically just bring the middleman and taking the profit off the top, the listed price for the dealership likely is already profiting if so they’ll usually don’t mind if you can get a sale off on a piece that they’d been wanting to get sell, for instance I’m currently selling a 1976 Day date 18038, the dealer price is 13,950, I’m offering to sell it for 14,200, the highest end usually sells for 14,950 so this leaves potential profit for whoever buys and sells the piece.
@andrewhannam.
@andrewhannam. 3 жыл бұрын
Wow 6 month return!! That is crazy
@elefantrising
@elefantrising 3 жыл бұрын
Really right I had no idea about that.
@the_9ent
@the_9ent 3 жыл бұрын
How is that possible?
@elefantrising
@elefantrising 3 жыл бұрын
@@the_9ent really crooked guy that returned that and a really must have read the fine print. I have used ebay since the 90s and I had no idea
@timo57890
@timo57890 Жыл бұрын
I bought a Seiko Kinetic Arcture only to found out its fake. Never knew fakes last so long or that people make fakes of watches that arent worth that much
@justkeepingthetime1039
@justkeepingthetime1039 3 жыл бұрын
I’ve already bought a watch from you LOL. I bought the Zilos hammerhead 2. I like to think I got a deal LOL.
@WatchChris
@WatchChris 3 жыл бұрын
Lol awesome yea that's a great watch
@canadianwatchmonkey3992
@canadianwatchmonkey3992 3 жыл бұрын
I never buy a watch that I couldn’t resell for at least what I paid
@thesmartbudgetchannel2940
@thesmartbudgetchannel2940 11 ай бұрын
I don't use eBay no more they got too greedy
@relaxationstation111
@relaxationstation111 2 жыл бұрын
I’m 16 and I’m just starting watch reselling mostly Invictas
@peakz4416
@peakz4416 2 жыл бұрын
do you have somewhere i can msg u on
@the_9ent
@the_9ent 3 жыл бұрын
eBay are parting with PayPal
@grant4431
@grant4431 2 ай бұрын
Listing on eBay is free. I sell watches on there all the time.
@dianepuri870
@dianepuri870 Жыл бұрын
returning after using it ? hello ??
@tristonmccalip9238
@tristonmccalip9238 Жыл бұрын
Man guck dude!! I wanted a side hustle but after watching this... I remember when I was in 6th grade I had a brother best friend. He was my only friend everyone else was bullies. But we had each other's backs!!! I remember he had this really cool camo g shock watch!!! I always asked him if I could have it and he never gave it to me. One day he came to school with a brand new watch!!! He gave me his old watch which I thought was the coolest!!! My brother passed away and someone stole the watch. This video helped me find that exact same watch!!! I'm ordering one as soon as I get paid!! Thank you!!
@WrongTimeWatch
@WrongTimeWatch 3 жыл бұрын
I had no idea that PayPal allowed for 6 months return. That would really upset me, if someone wore a new watch I sold them, and then returned it in 6 months. Heck of a profit on that edox, dang.
@WatchChris
@WatchChris 3 жыл бұрын
Not only did they wear it the scratched it up... It was a pvd coated watch. After that I sold it as is for 1/3 of what it sold for the first time... Guy basically cost me 200 bucks bc he didn't the watch anymore... Wore it for 4 months and sent it back very used ...
@WrongTimeWatch
@WrongTimeWatch 3 жыл бұрын
@@WatchChris Yea, that sucks, I'd be pissed. I have a bunch of watches that I need to sell also, LOL.
@xxraverxxonxtacy
@xxraverxxonxtacy 3 жыл бұрын
Still waiting for that Black Panther AP review and resell prediction 😏
@watchesandcaps2566
@watchesandcaps2566 3 жыл бұрын
Ebay doesn't use paypal anymore. It goes straight to your bank account.
@WatchChris
@WatchChris 3 жыл бұрын
They are phasing it out but not yet. If you are a business yes but if you are not like I am it's still paypal... Sold a watch today and got paid with paypal..
@carlosranghel3290
@carlosranghel3290 2 жыл бұрын
Sell on Reddit on watch exchange, over 100k members. I sell the bulk of my watches in that group like-minded folks.
@Tralala-ri4yt
@Tralala-ri4yt Ай бұрын
What platforms do you use to sell Rolex
@ginkumo12
@ginkumo12 17 күн бұрын
Chrono 24 is popular. Regular online classifieds like FB marketplace are fine, but best to carry some method of authenticity.
@SonictheHedgehogInRealLife
@SonictheHedgehogInRealLife 2 жыл бұрын
Can someone help me flip watches
@Angel0ndeado
@Angel0ndeado Жыл бұрын
Do you think it is a good idea to buy a $1,000 watch and try to sell it through my FB and IG account to any contact for $1,100? Small profit but if it works I can start buying more of these and repeat the cycle. Thanks.
@kolalid
@kolalid Жыл бұрын
I don’t think it’s worth it. Relatively high risk for a low reward. Unless like he said, you are willing to keep the watch if you can’t sell it.
@anthonyonline4740
@anthonyonline4740 2 жыл бұрын
Hi Chris. Are you selling the wise watch? I'm in Australia so postage will be expensive, but it's worth asking. Thank you. I'll share my email if you want to talk.
@jaysterling26
@jaysterling26 3 жыл бұрын
Can you still give ( negative) feedback to such a buyer after all that time? If you're doing it regularly I can understand why you wouldn't want to, but if ( e.g.) you sold one watch once as a close friend of mine has done?
@freequest
@freequest 3 жыл бұрын
From personal experience on feedback no. There is only a limited time.
@WatchChris
@WatchChris 3 жыл бұрын
No you can't give the buyer negative feedback...
@andrewchapman5659
@andrewchapman5659 4 ай бұрын
buyer who returned it knew what he was doing going thru paypal. Probably does it over and over again. Acts like hes a baller. I had someone i knew did that with sunglasses would return them within 30 days or 60 days. Would do it over and over again. Never Paid.
@connorbrxy6556
@connorbrxy6556 11 ай бұрын
A return after 4 months is bs, i understand that you want a good reputation, but do you want a reputation of being a mug or a reputation of being firm but fair?
@daddytubewatches
@daddytubewatches Жыл бұрын
PayPal sucks for that ridiculous policy
@mrmakeadeal2415
@mrmakeadeal2415 3 жыл бұрын
Selling is not hard my friend! EBay will take the fees but wus new. Don't make things complicated. The more you sell the more you profit!
@FT86TT
@FT86TT Жыл бұрын
What new?
@chrisreedy4963
@chrisreedy4963 Жыл бұрын
that’s crazy af! about dude smoked the watch and then u had to take it back that’s the bullshit. can’t u put on u must return the watch in the condition that they received. jw?
@911_dan2
@911_dan2 3 жыл бұрын
4 months later is ridiculous
@clifforddriver9434
@clifforddriver9434 2 ай бұрын
Listen, you should never look for a buyer. Make that buyer look for you. There's always money to be made on everything of value. The exception precious metals.
@anthonyonline4740
@anthonyonline4740 2 жыл бұрын
Plan on loosing 15%? Is that all you pay flippers tax! No way.
@likeris2
@likeris2 2 жыл бұрын
looks like eBay not for me. I will try to flip watches in person. thanks for sharing your nightmare.
@davidcarlos4350
@davidcarlos4350 6 ай бұрын
Nah no returns
@karvast5726
@karvast5726 Жыл бұрын
So basicaly the end of the video says "just don't"
@user-dz6bw5vx4q
@user-dz6bw5vx4q 2 ай бұрын
سلام من یدونه ساعتBERNHARD H MAYER1871 دارم اگه کسی میخره میخوام بفروشمش
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