Luxury watches and timepieces is a favorite subject at TheTopTier. The luxury watch market itself if going through a massive transformation as the wearable ‘smartwatch’ becomes the next hot luxury item.
In the realm of classic dial and chronograph style watches, the big news is the booming secondary market. Demand for used Rolex, Cartier, Omega and other luxury watch staples is growing at a rapid pace creating a need for transparency between buyer and seller.
Buyers and sellers interested in the secondary luxury watch market can utilize different platforms to buy or sell. Boutiques specializing in the secondary watch market can be found in every major city around the world. If having a face to face appraisal or you just need to touch and feel, a used luxury watch boutique will compliment your experience. There are also brokers, or middle men, who specialize matching buyers and sellers with their specific wants and needs. Because of the individualized service, brokers charge a higher premium when closing a sale.
Selling a luxury watch online has many advantages and is fast becoming the best way for buyers and sellers engage in the secondary watch market. Buyers can browse large inventories with some sites covering many different luxury brands and others specializing in one or two brands only. Buyers can also buy with confidence knowing that the online platform usually provides a guarantee on the purchase. The large inventories also provide the fairest pricing for buyers and sellers which is one the main considerations when purchasing in the his market
Selling online increases the marketing reach of your timepiece. Most online re-sellers service markets internationally which means more exposure for your treasured asset. Specialized sites that deal in only one luxury brand do an excellent job of offering the best possible advice and price points because of their extensive knowledge of the brand. You can sell your Rolex with confidence when you know the re-seller understands all aspects of the brand and its culture. The online marketplace is the safest and most economical way to sell luxury watches.
Speed and technology and contributing to the increase in demand in used luxury watches. As buyers and sellers come together, they can buy, sell and trade with complete transparency in the online marketplace. Buyers can count on authenticity and fair prices while sellers can enjoy faster sales and more accurate valuations in a global marketplace. One popular Rolex model and style is the two tone Datejust 2 and a recent search online returned a wide selection of models and styles with an aggressive range in pricing.
The secondary luxury watch market offers amazing value and opportunities for connoisseurs of high end timepieces and today’s technology and services make deal making easy and safe for everyone involved.