Disappointment...

[wolfeyes1974]

yes..i agree with Teo...few occasions, i've sold my watches to pre-owned shops because it's hassle free and i'm sick & tired of how i'm treated...just closed my eyes and treated it as lose-lose situation for me and potential buyer...they can buy it from pre-owned shop and pay more....let them take this opportunity to brush up their bargaining skills with the pre-owned dealers...

our losses are gains for pre-owned dealers...

i particularly like to deal with horologyfanatic (although no opportunity yet)....few occasions, i've emailed him to ask him if he's interested to take in my watches but he told me he didn't want to offer low for them because my expected selling prices cldn't be met and asked me to try approach other pre-owned dealers...he's an honest guy to deal with.. very straightforward...

cheers

james

[ejaan]

I believe you have truly misunderstood my point.

a) seller need not be understanding about someone flaking - because it is unethical - it's like not keeping your word after promising something

The buyer has the right to choose to buy or not to buy. As long as money/goods have not changed hands or papers signed, the "contract" is not binding. At least in this instance the buyer had informed the seller the reason for not completing the transaction. If the buyer had just "disappeared" without a word then I would call that flaking.

b) buyer buying and finding cheaper alternative and then disappointed - please, this is what the free market is about, why should the seller understand this "disappointment"?

That's the point I'm trying to make. If the buyer makes a decision to buy and it's not the best price he could get then live with it. But it is this very reason of avoiding disappointment that makes a buyer backs out as he/she could get a better price from somewhere else. In this instance why should the buyer understand the seller's disappointment? As you have rightly pointed out...it's a free market.

the buyer failed to do his homework or he just was not lucky enough to find a cheaper piece.

You have just supported the action of the buyer in question. He/she did the homework and was lucky enough to find a cheaper option. I rest my case.

[triton]

let's say buyer agreed to buy from seller A today. but can only meet next monday. between today and next monday, another seller aka seller B advertise a similiar/same condition @ a lower price compared to seller A. buyer is only available to to meet seller B the following monday but before the schedule time of seller A. deal goes through, inform seller A saying deal no good to go.

of course seller A is disappointed. however, this is the fact of life of a seller. as mentioned, nothing is a done deal till money and goods exchanged hands. however, things can still go wrong after money and goods changed hands.

[lcwleslie]

let's say buyer agreed to buy from seller A today.

People nowadays take their words so easily, can change their minds so easily. And most times, never mean what they say. Sigh...

[chongj88]

For me the key is in communication. The worst is when everybody is left guessing and the inevitable is always assuming the worst of the other party.

[T<25]

Investing into any hobby or buying a Rolex or in this situation involves a good deal of money. And most of us want to be sure that we get what we like and at the lowest price possible. That's why this community exists as a platform to connect like minded folks together to benefit both buyers and sellers. Buyers and sellers roles frequently inter-change too, some may get to taste their own medicine eventually...some won't. So let's not take things too hard.
Peace

[79ersz]

Its about Trust and Reputation.... All Buyers/Sellers must be responsible for own actions. Once "Onz" (verbally, PM, sms, whateva....), its a deal done, pending payment or upon viewing/inspection. Be prepared to take the stick if go back on your words.....albeit there can be 1001 excuses.....

[ejaan]

Investing into any hobby or buying a Rolex or in this situation involves a good deal of money. And most of us want to be sure that we get what we like and at the lowest price possible. That's why this community exists as a platform to connect like minded folks together to benefit both buyers and sellers. Buyers and sellers roles frequently inter-change too, some may get to taste their own medicine eventually...some won't. So let's not take things too hard.
Peace

Agree whole heartedly. Peace.

[watchlobby]

Bro, seeing that you've got so many trades 'under your belt', dun b discouraged. That's a problem i'm sensing here in ROC. I don't think we've got enough people to this web. It makes trading tough as the circle is small. It is even tougher when those buying and selling happen to be the same group most of the time. Look at those trying to sell some LV stuff for a couple hundred dollars, i see their posts months old, yet still unsold.... sigh....

[mazingerz]

I saw a post selling his watch at very attractive price, but when pm him, he replied that watch was on hold and sold.
Next day I saw his new post selling the same watch, and sold again!!
Then i clicked on his old posts, which he was asking other REAL sellers for discount!!!!


SO DID HE REALLY HAS THE WATCHES???
FAKE POST, FAKE WATCHES, FAKE PRICE...
OR JUST TRYING TO PULL DOWN THE SELLING PRICE??

BEST part is he didnt has any trade feedback after selling good watch at good price.....

[Darkangel]

I saw a post selling his watch at very attractive price, but when pm him, he replied that watch was on hold and sold.
Next day I saw his new post selling the same watch, and sold again!!
Then i clicked on his old posts, which he was asking other REAL sellers for discount!!!!


SO DID HE REALLY HAS THE WATCHES???
FAKE POST, FAKE WATCHES, FAKE PRICE...
OR JUST TRYING TO PULL DOWN THE SELLING PRICE??

BEST part is he didnt has any trade feedback after selling good watch at good price.....

I would say...no comments...point taken

[Reborn]

I'm afraid the scenario you just described is called &quot;flaking&quot;

let's say buyer agreed to buy from seller A today. but can only meet next monday. between today and next monday, another seller aka seller B advertise a similiar/same condition @ a lower price compared to seller A. buyer is only available to to meet seller B the following monday but before the schedule time of seller A. deal goes through, inform seller A saying deal no good to go.

of course seller A is disappointed. however, this is the fact of life of a seller. as mentioned, nothing is a done deal till money and goods exchanged hands. however, things can still go wrong after money and goods changed hands.

If a buyer were to repeatedly do what you just described, his reputation will be finished. Try checking out the leading watch websites in the world - flaking is frowned upon by international collectors as well as sellers.

Once the buyer "agrees" to buy as you noted, it is very unethical to back out. The last thing we want to do is to encourage such behaviour.

[mazingerz]

Fake Post, Fake Seller, Fake Watches, Fake Price.... Beware~

[Reborn]

Totally agree with you, man.

Its about Trust and Reputation.... All Buyers/Sellers must be responsible for own actions. Once "Onz" (verbally, PM, sms, whateva....), its a deal done, pending payment or upon viewing/inspection. Be prepared to take the stick if go back on your words.....albeit there can be 1001 excuses.....

[triton]

there are always going to be sellers or buyers who pull out of deal.

unethical? yes, if this buyer keeps pulling this kind of stunt. but depends on situation.

let me relate a recent case that happened 1 week ago, a buyer informs me that it is a good to go to purchase a Sub Date from my regular sales person. 2 days after reserving the watch, the buyer inform me saying that have to pull out of deal. the reason given was that the buyer required to keep money for family as one of the family member was undergoing medical treatment for a period of time and requires a big sum of cash.

would you call this kind of backing out unethical? even my regular sales person was concern for the buyer's family member.

If a buyer were to repeatedly do what you just described, his reputation will be finished. Try checking out the leading watch websites in the world - flaking is frowned upon by international collectors as well as sellers.

Once the buyer "agrees" to buy as you noted, it is very unethical to back out. The last thing we want to do is to encourage such behaviour.