After days of carefully weighing the pros and cons and nights of tossing around, thinking about it, you finally arrived at a decision. You are going to sell your luxury brand watch, the one you just bought a year ago and the same one you only wear for special occasions. You are in dire need of some funds right now and the way you see it, you are going to make more use of your luxury watch when you sell it than when you keep it hidden in your drawer only to be taken out for events where you have to be in formal wear. Sure, what you own is a luxury brand watch in top condition and you probably can sell it for a good price on your own. However, if you do not really have the experience is selling secondhand items, particularly luxury watches, it is best if you go with a watch broker.
A watch broker basically works the same as any other broker. They act as a mediator between a seller and a buyer. You will present your watch to a watch broker and he or she will have it carefully appraised. After which, he or she will present the watch to possible buyers and will work his or her way to get the best offer for the timepiece Give or take a couple of days, the watch broker will contact you back and will provide you with the best price offer he or she got for your watch. You give him or her the go signal and you will get your money in a day or sometimes sooner than that.
Of course, you have to take into consideration that he or she will be getting a percent of the price for his or her efforts. Now, you may be thinking, instead of going to a watch broker and having to pay his or her services, you may as well sell the watch on your own. It is perfectly understandable if you have this kind of perspective. However, how experienced are you in selling watches? Are you going to have it auctioned off in eBay? How sure are you that you are going to get a good number of bids for your watch? Are you going to sell it your circle of friends? What if they ask you to cut down the price for old time’s sake?
You see, even though you are going to pay the watch broker for services rendered, chances are you will still be getting a higher figure if you choose this option. Watch brokers are well-informed when it comes to the market. They are clued-up as to how watches go for these days. With help from credible appraisers, they are able to have your watch priced correctly. Then there is the fact that they have an extensive database of likely buyers. Their knowledge and contacts are enough reason but on top of these two, they will also take care of the necessary legal paperwork for the transaction. This means more time in your hands and less stress in your life.
There are watch brokers who represent only themselves and there are those who work for watch brokerage companies. Whether you go for the former or the latter is up to you. Just be sure that before you enter a deal with a watch broker, you know full well how the whole negotiation will work. You are clear as to how much percent will go to the watch broker. He or she is aware that you want him or her to sell your watch for not less than a specific amount. While it is advisable to leave it to the pro, it is best if you know what exactly are you getting yourself into.
Author Resource:
The author of this article is also known as Budjoy. 2 years experience of writing online articles has made her confident in her researching and writing skills on vast number of topics. Look forward to more of her articles soon. Watch out for her on Buy Luxury Watches .
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