Chrono24

pongster · Mar 8, 2020

is it possible for a Trusted Seller in Chrono24 to be a scammer?

would have wanted to get from OF but i dont see the watch i want being advertised here.

Meme-Dweller · Mar 8, 2020

Always possible, but less likely. I've seen eBay Powersellers with over 20k+ feedback hacked. Just try your best to use recoverable funds whenever possible, like with credit card or PayPal directly with seller.

janice&fred · Mar 8, 2020

P pongster
is it possible for a Trusted Seller in Chrono24 to be a scammer?

would have wanted to get from OF but i dont see the watch i want being advertised here.

maybe a bit off-topic but I always found stuff on chrono24 to be wildly overpriced. what is it that you're looking for? is it hard to find? if you track down whatever it is from a NYC dealer I could assist you in the transaction now that we're stateside.

Dan S · Mar 8, 2020

Accounts can be hacked, so be careful. Ask for custom photos.

wsfarrell · Mar 8, 2020

Chrono24 uses an escrow service: seller sends watch after C24 says they have your payment; C24 releases funds to seller after you say you're satisfied with watch. Thus it's extremely unlikely you'd lose your money to a scammer. As said above, prices are stratospheric--so make an offer and see what happens.

osc · Mar 8, 2020

wsfarrell
Chrono24 uses an escrow service: seller sends watch after C24 says they have your payment; C24 releases funds to seller after you say you're satisfied with watch. Thus it's extremely unlikely you'd lose your money to a scammer. As said above, prices are stratospheric--so make an offer and see what happens.

I've read elsewhere that the funds will only be returned if the seller also agrees. Which means, those funds could potentially be kept in limbo indefinitely.

jaguar11 · Mar 9, 2020

janice&fred
maybe a bit off-topic but I always found stuff on chrono24 to be wildly overpriced. what is it that you're looking for? is it hard to find? if you track down whatever it is from a NYC dealer I could assist you in the transaction now that we're stateside.

Yes indeed... The pricing is ambitious to say the least. I have been looking for a particular model for some time and now and again I pay a visit to Chrono24. The bulk of what I would be interested in has been sitting there for the last 9 months with some of the dealers actually increasing their prices!! Private seller items seem to be priced at a more realistic level.

WatchCor · Mar 9, 2020

jaguar11
Yes indeed... The pricing is ambitious to say the least. I have been looking for a particular model for some time and now and again I pay a visit to Chrono24. The bulk of what I would be interested in has been sitting there for the last 9 months with some of the dealers actually increasing their prices!! Private seller items seem to be priced at a more realistic level.

This is true imo also. I think it has to do something with the recent massive rise in the cut they take from each sale.

Not long ago (6-12mo) their cut was capped, now it's a steady percentage of the final sale value.

pongster · Mar 9, 2020

Thanks for all responses.

I think the big cut that Chrono24 takes has incentivized some sellers to transact outside the platform. While they can afford to give better prices this way, this removes the Chrono24 escrow protection.

For sellers with hundreds of reviews spanning years, i dont mind. And have actually pulled the trigger several times.

My issue is latest purchase am eyeing. Only trusted seller since 2018. And only has five reviews - from two countries (one of which is country of seller).

So am having second thoughts.

Chrono24

pongster

Meme-Dweller

janice&fred

Dan S

wsfarrell

osc

jaguar11

WatchCor

pongster

Similar threads

Chrono24 Scam Warning: Reverse Image Search Listings

Selling Speedmaster FOIS on Chrono24: Private Seller Advice

60s Gold Seamaster from Chrono24 Not as Advertised

question about chrono24 scams

Chrono24 Omega Warranty: Does Omega Honor It?

Buying from Private seller on Chrono24