Help From Bros in SRC

[Freedomboy1688]

Best is to verify before dealing

[Oceanklassik]

What's the process of asking buyer to verify watch?

Keep a collateral or is there a regulated middle man who can keep the full cash while waiting for authentication ?

I think this very much can and should be settled privately between the buyer and seller. Determine, discuss and decide what is most comfortable for each other and meet up to deal. There is no hard-and-fast rule; only some basic common understanding.

And it also depends on what context you are referring to. Do you mean buyer buying from a second-hand shop, or buying from an owner/grey dealer (no shop front)? If it is the former, then quite straightforward. You buy, you pay first, you verify watch (after getting agreement from the shop) in a reasonable span of time, and that's it!

If it is with an owner/grey dealer, then there is more flexibility what both can agree to. I have personally encountered and experienced:

Buyers
- no authentication needed; self-checked, paid and go
- document transaction on self-typed piece of paper and demanded to see NRIC of seller
- also forced seller to sign on document
- requested authentication either at the RSC/independent watch tech
- paid deposit first w/o seeing the watch and collected watch later

Sellers
- demanded deposit before authentication
- insisted hassle-free sale and not wanting to authenticate

[triton]

only the buyer will be deciding if the watch in concern needs verification. no one else will be asking buyer to verify watch.

who keeps the collateral? seller? what does seller want as collateral? then again will a buyer hand over a collateral just to buy a watch?

even if there is a regulated middle man? who is the body/agency who approve of this middle man? then again, you are making things even more complex now. you have a situation where the seller is wary of the buyer and vice versa especially when both are strangers to one another. now you add another stranger into the equation.

What's the process of asking buyer to verify watch?

Keep a collateral or is there a regulated middle man who can keep the full cash while waiting for authentication ?

[Sgdividends]

What's the process of asking buyer to verify watch?

Keep a collateral or is there a regulated middle man who can keep the full cash while waiting for authentication ?

[Newnah]

Oh my.. hope everything is okay man!

[fable]

1) as for buying pre-own, you may want to read this thread.


2) always ask buyer to verify the watch before purchase

awesome information! thanks!!

[triton]

1) as for buying pre-own, you may want to read this thread.


2) always ask buyer to verify the watch before purchase

Questions especially to seasoned buyers/sellers.


1. As a buyer, what are the things to look out for when you buy a pre-owned watches especially online e.g.: forum, carousell, sgwatchmall, chrono24?


2. As a seller, how do i give my buyer a peace of mind that he bought an authentic piece from me?

[fable]

Questions especially to seasoned buyers/sellers.


1. As a buyer, what are the things to look out for when you buy a pre-owned watches especially online e.g.: forum, carousell, sgwatchmall, chrono24?


2. As a seller, how do i give my buyer a peace of mind that he bought an authentic piece from me?

[marksnow4]

Lucky for you that all had been resolved.

[mahesh2314]

hey man, sorry to hear. but can you post a picture of it?
and also get a report done asap

[blumango]

This is pretty scary...any caseback photos to post here just in case?

[Singaristi]

Dear All Bros from SG-ROC,

The Issue has been resolved between me and the other party.
Reason for not replying from the other party: He was overseas during the time of incident.
The other party has no knowledge of the watch being fake.

Thanks for all the advice and support from the forum members.

so that dude now play dumb..? you have photos of the case back for us all to see and remember?? Lucky you have sent it for service and you were told that it was not authentic..

[somacruzgoh]

Re: Scam of Watch

Dear All Bros from SG-ROC,

The Issue has been resolved between me and the other party.
Reason for not replying from the other party: He was overseas during the time of incident.
The other party has no knowledge of the watch being fake.

Thanks for all the advice and support from the forum members.

[Cloud7]

omg, this is terrible. good luck, hope cops can help you!

[Oceanklassik]

Yes. Pls lodge a police report as soon as you can. Don't let it take too long. Provide as much information as you can about how you got to know the person, his contact details, physical appearance, mode and type of transport, etc.

Sorry to learn about this. Do keep us posted here if you can.