Making a sale on a Rolex wristwatch is important because it will generate a lot of different results for you. First of all, you will make quite a large sum of money if you do it right. However, knowing how to sell a Rolex can be a tricky task, because there are quite a few options to consider when it comes to selling one.
To try and help you get the best results, we’re going to be taking a look at our top tips for selling a Rolex wristwatch without any problems. Let’s get right into it.
eBay is Your Friend
With a lot of different products, it’s not worth selling on eBay usually, you don’t generally fetch the value that you want with an eBay sale, and the fees can be tricky to navigate, but in the case of a Rolex, it’s actually worth it to do so.
The thing about trying to sell a Rolex wristwatch is the type of people who are going to buy one from you is quite niche. Because the product is expensive and fairly esoteric, using places like eBay will allow you to generate the biggest possible market, which may already be reduced due to the inherent nature of the watch.
Haggling is Worth It
When it comes to selling a Rolex, you do need to be prepared to haggle slightly. There is a fine art in negotiating for the best price, and it may make the difference between a couple of hundred pounds if you do it properly.
There are collectors out there who are prepared to pay large amounts for a Rolex, but would rather try and deceive you into selling for a smaller amount because they don’t expect you to be familiar with the product. You can mitigate this risk by doing research ahead of time and knowing the value of your Rolex. Don’t be afraid to have a minimum price in range, because this will help you to filter out collectors who are just wasting your time.
Condition is Everything
The condition of a Rolex will heavily influence how much you can get for it, so you need to make sure that it is in the best possible condition when you put it out for sale. In some cases, this may mean making a small investment of getting the Rolex repaired and professionally cleaned up. It could be a little bit pricey, but if it restores the watch to a good condition, then the value it’s worth will go up significantly.
Final Thoughts
Selling a Rolex isn’t that tricky of a task, but it does require you to have access to a little bit of patience and a broad range of places to sell in. Try to look for smaller collectors sites, and use places like eBay because collectors do frequent the area. If you take your time and remain committed, you’ll be able to sell your Rolex and make quite a lot of money, which is a very tempting prospect.