Have you ever given any thought to selling a Rolex on the internet? Most people have undoubtedly considered it at one point or another and probably look to eBay as being the way in which they accomplish this. However, this is not the right way to go about doing things. eBay is actually one of the worst places to sell your watch, and most people don’t know that.
Because we want to help, we are going to talk about why this is the case, and give you a few pointers on the best place to sell a Rolex.
What Makes eBay So Bad?
So, what is it that makes eBay such a bad place to sell a Rolex? Why are people avoiding it so much? Well, there are a handful of problems associated with selling something as valuable as a Rolex on eBay, and we are going to talk about them one after the other.
The first problem is that you will often be lowballed by people who are trying to get a good deal and don’t appreciate the value of what you have. They are not serious collectors, and they are simply looking for a good present or something they think they can sell for a bit more money. They will give you a lower offer intentionally, and this will undermine the process
The other major problem that you will encounter when trying to sell a Rolex on eBay is the website itself. eBay takes a cut of your purchase or sale and takes that as commission. This means that even if you do manage to sell your Rolex for a good price, that price will come down because eBay will take a cut as part of its commission structure. This is the price you pay for using the website.
Sell Privately Instead
So, if you want to get around this particular problem, the solution is fairly straightforward. Your best bet will be to sell privately. You should always make a private sale to a professional company who specialize in buying Rolexes throughout the year.
This is a big company. They have access to proper resources to give you a competitive price. They have a reputation to protect so they will conduct business in a fair and honorable fashion. All of these things help to make this a very safe and sensible choice.
Stay Away From eBay
eBay might seem like an easy way to sell a Rolex. However, it is not recommended if you want to get the best price. Junk offers and commission fees will eat away at your profits. You should only ever sell to a private company because this is the type of deal that will get you the most money. The best thing we can recommend is to do your research. You should only ever sell to reputable companies who have proven track records like us. Always do your own research before making a decision.