Is it safe to sell to Rebag? With the median home price in the U.S. at $217,000, that puts the closing costs range at $17,000-$22,000. As that number trends downward, the computer knows to automatically raise the price meaning the offer to sellers goes up, as does the listing price, which is typically around 30% higher. This $10 return assurance fee will be netted from any payment due by Rebag to the seller. And guess what? They take another 50% commission on the remaining $160 sales price. You bear responsibility for and assume all expenses relating to your compliance with the described laws, regulations, rules and orders, and for obtaining all necessary authorizations and clearances in order to convey your Product to Rebag, including without limitation, valuation, classification and duties applicable with the import of any goods. You agree to transact with us electronically, including without limitation, agreeing to terms and conditions or offering to sell your Product by electronic means. The Products and the sale and shipment of such items to Rebag: (a) must comply with all applicable laws, statutes, ordinances, including without limitation all import and export laws, (b) may not infringe on third party intellectual property rights (including copyrights, trademarks, patents, trade secrets or other proprietary rights), and (c) shall not be counterfeit, stolen, or fraudulent. Seller fees | Seller Center - eBay #3. 85% of the portion of the selling price above $3,000 will be paid to you. (b) Change the offer. By acting as the middleman between those who want to sell their old luxury bags and those who want to buy new ones. Hundreds of new items are released on Rebag.com each week. It made pricing transparency a central part of its offer when it launched Clair (Comprehensive Luxury Appraisal Index for Resale), a digital tool anyone can use to instantly check the current and historic resale value of a specific luxury handbag. Facebook; Twitter; LinkedIn; Was this article helpful? Our goal is to sell your items at the highest price the market will demand. SEE COACH (RE)LOVED. We are open 7 days a week including most holidays, with the exception of December 25 and January 1. Thanks to social media, trends emerge and flame out faster than ever. This may include particular accessories. Terms and conditions modifying the Agreement are effective immediately upon posting. Promotions. Then, Rebag's Clair tool will reveal the price the company will pay to buy it. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof. That's where things get complicated. How much do Rebag employees make? If your Membership is revoked or otherwise cancelled, any Rebag Rewards Points in your account will automatically expire. All packages with a Rebag-provided shipping label are tracked and insured. Our pricing strategy is dynamic and based on current market trends. The single biggest cost to sell your house is agent commissions, which tend to be between 5-6% of the sale price. International shipping will take approximately 6-9 business days to arrive once shipped. After reviewing our list of accepted designer brands, just get an offer through our mobile app, online at Rebag.com, or in store at any Rebag location. Cancellation Policy. Absolutely! -The Offsite Ad fee will never exceed $100 for an order, regardless of the order total. This policy does not apply to the practices of companies that Rebag does not own or control or to people that Rebag does not employ or manage. A beautiful, designer handbag can take an outfit from average to avant-garde. If so, it will send you a prepaid label to ship your bag (or arrange to pick it up in person if you live in NYC). We highlight products and services you might find interesting. Rebag determines, in its sole discretion, which Products are eligible for purchase by or through the Rebag Services and for which eligible Products Rebag will provide an offer. You'll also see the estimated retail price, which sometimes can be $1,000+ more than the Rebag price so you can decide for yourself if you think it's a good deal. You are responsible for obtaining at your own expense all equipment and services needed to access and use the Rebag Websites and the Rebag Services, including all devices, Internet browsers and Internet access. Therefore, although we work very hard to protect your privacy, we do not promise, and you should not expect, that your personal information or private communications will always remain private. The Real Real Seller Review | How it Works & What To Expect - SideHusl Without ACH, we can't electronically transmit your disbursements to your bank account. . You can expect to pay upwards of $2,000 for each airbag that needs to be repaired. They must not sell many items. A growing cohort of enterprising millennial and Gen-Z luxury buyers and sellers are getting savvier when it comes to understanding what pieces are worth and treating handbags as financial investments, following trends we've seen in the sneaker market. Rebag will also remind you of the outstanding new offer one or more times during the New Offer Period. Rebag Gift Cards can only be purchased on Rebag website and apps. Is it done by humans or robots? and/or any Product damaged or lost in transit. If an item is not approved after our vetting process, we will contact you with additional information. Our model gets smarter over time as more people share salaries on Glassdoor. We accept major credit and debit cards: Only one credit card may be used per purchase. Subscribe to our newsletter. Rebag may, in its sole discretion, alter, limit, or modify the tier rules, regulations, benefits, eligibility for membership, or any other feature of a particular tier or may terminate a particular tier at any time in its sole discretion, without prior notice except as expressly set out in these Terms or required by applicable law. Sellers, which consignment site do you recommend? : r/handbags - reddit Disclosure: This post is brought to you by the Insider Reviews team. The Purchase Price is the original price you paid at checkout for the item including discounts and promotions, but excluding shipping and taxes. This is expected in the world of sneaker reselling, where releases are limited-edition and the inventory is typically pristine, without so much as a speck of dust on the box. But with great power comes great responsibility. Rebag is independent from any brand affiliation. 'active' : 'js-change-currency' ?> //= plugin_dir_url( __FILE__ ) . How Much Does It Cost to Sell a House? - Home Sellers Guide Rebag offers you visibility on the exchange prices so you can purchase with confidence. These other sites may place their own cookies on your computer, collect data or solicit personal information. YOU AGREE THAT ANY ACTION AT LAW OR INEQUITY ARISING OUT OF OR RELATING TO THESE TERMS AND CONDITIONS WILL BE FILED ONLY IN STATE OR FEDERAL COURT LOCATED IN NEW YORK CITY, NEW YORK, AND YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENT AND SUBMIT TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS OVER ANY SUIT, ACTION, OR PROCEEDING ARISING OUT OF THESE TERMS AND CONDITIONS. You will not have the opportunity to opt-out of receiving such notices. "Fast forward a couple of years and we've been able to . Conversely, a brand could suddenly decide to actually meet demand and produce large quantities of a popular item, which would force the resale value back down. Details of your current offers are available in the Clair summary of offers and your seller orders are available in the Submission section of My Account accompanied with detailed invoices for your records. It is based on the total amount of the item including shipping. She brings up 2017's Louis Vuitton x Supreme collaboration. As a result, ending up with a fake is now less of a concern for shoppers (though not impossible). The maximum Qualified Referrals earned per calendar year may be no more than 50 Qualified Referrals. "But for us, that's not a total loss, because we learned something. We will use Non-personally Identifiable Information to diagnose problems with our servers and software, to administer the Services, and to gather demographic information. All shipments and pick-ups facilitated by Rebag are tracked and insured. Of course, there's more to a bag's resale value than its most obvious features. For most categories, the fee is 12.55%. More specific condition definitions specific to the category and/ or type of Product may be included on the Rebag Website offer screen and serve as the effective condition definition for that product. You are entitled to receive a copy of this information in a standardized format and the information will not be specific to you individually. "We get it wrong," Davis says. For ACH electronic transfers, we will need your banking account number and electronic routing number. The classic example Davis and Layne both brought it up is the curious case of the Louis Vuitton monogram key pouch, which today can go for anywhere between $300 and $450 on the resale market, despite the brand itself selling brand new ones for only $270. Without notice to you, Rebag also reserves the right to convert seller funds that have been inactive for two (2) consecutive years to Rebag Credit. According to Davis, Fashionphile's technology can register a flaw, but not necessarily its permanence (like whether or not it could just wipe off) or how much a typical shopper would be bothered by it. If you are registered on the relevant social network and logged into your respective account the social network receives the information that the web page was used by you. ANY AMENDED TERMS WILL BE AUTOMATICALLY EFFECTIVE IMMEDIATELY AFTER THEY ARE POSTED. Sell Your Luxury Clothing & Goods With Us | The RealReal All shipments are tracked and insured. Dwolla. All Bags - Rebag Rebag Gift Cards are issued and can only be issued by Rebag. If we receive your handbags and they are not what was expected based on your submission, they may not pass our vetting process. Our vetting process must be completed before payment can be issued. Open any offer you would like to review and click/tap Accept. Fashionphile uses the descriptors "Good," "Very Good," "Excellent" and "New" to label its products, and those are limiting "Very Good" could refer to a Prada Tessuto with subtle, but visible external signs of wear, or one that's pristine externally but has a big sharpie stain on the inside. Yes. In my experience, Ann's Fabulous Finds is the best for good value quotes. There are ten-day auctions with a price of 40 cents. Any offer by Rebag for your Product is non-transferable and not redeemable for any other consideration other than what is offered by Rebag. REBAG - 20 Photos & 59 Reviews - 390 W Broadway, New York, NY - Yelp Please follow these steps: Rebag opens a world of curated, top-quality luxury handbags and accessories. You will have the opportunity to opt out of any further mailings at any time; provided, however, that we reserve the right to send you certain communications relating to the Services, such as (a) communications related to fulfilling a transaction, (b) service announcements, (c) notices regarding Rebags legal terms and this Privacy Policy; and (d) administrative messages, which are considered part of your Rebag account. Why haven't you received my order yet? 3. eBay. Our experts have multi year experience in luxury fashion and in the brands carried by Rebag. The 2000s resurgence has carried the Dior Saddle Bag, Fendi Baguette, Louis Vuitton Pochette, Prada Tessuto and Balenciaga City bag out of obscurity and back into the zeitgeist. Most browsers are initially set up to accept cookies. Once the shipping label is attached, youre ready to ship. as well as other partner offers and accept our, Remi is a former reporter for Business Insider's affiliate commerce team, Insider Reviews. Rebag Infinity only applies if the item was purchased on www.rebag.com, on the Rebag mobile app or in a Rebag store location. In addition, Rebag is available by email, phone, or chat if you would like to inquire about any updates or concerns. You agree that all information you provide about the Item for trade-in, as well as information you have or will provide about yourself, is true, accurate, and complete. We are committed to providing value to our customers and our pricing is highly competitive. If there is a dispute between you and Rebag, Rebag will have no obligation to pay any payout or other amounts due to you, including without limitation, amounts unrelated to the dispute, unless and until the dispute is resolved. We offer several ways to sell, including shipping, at-home pickup, and curbside drop-off at any of our retail locations with a dedicated expert to guide you throughout. to protect your personal information against unauthorized access and disclosure. Over the past few years, there has been serious growth in the luxury-goods market. If we have acted with reasonable precautions and/or in accordance with our legal obligations, we are not liable for any unauthorized, incorrectly, unexecuted, or delayed payment transactions when such issues were caused by abnormal and unforeseeable circumstances beyond our control. Product Inspection; Offer Recalculation. Rebag will inspect all Products that are received. Because it's well-organized, well-presented, and well-curated Rebag is sure to make any hangbag aficionado swoon. GET $15 OFF $150+ WHEN YOU SIGN UP FOR TEXTS. We treat data as an asset that must be protected and use many tools (encryption, passwords, physical security, etc.) For vehicle listings only, sellers can list 1 vehicle per month at no charge. Computers do have their limits when it comes to evaluating a bag's condition and other subjective features. You must keep your mailing address, email address and other contact information current in your Rebag profile. IN NO EVENT SHALL REBAG, ITS DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS OR CONTRACTORS BE LIABLE FOR ANY COMPENSATORY, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, LOSS OF DATA, INCOME OR PROFIT, LOSS OF OR DAMAGE TO PROPERTY, OR ANY CLAIMS OF YOU OR OTHER THIRD PARTIES WHATSOEVER WITH RESPECT TO YOUR TRANSACTIONS WITH REBAG UNDER THIS AGREEMENT. We also accept payment with Rebag Credit. Additional details and FAQs for Rebag Infinity can be found here. Rebag has the right to cancel any trade-in offer in its sole discretion at any time before the payment is issued. The social network directly transmits the content of the plugin to your browser. Rebag does not rent, sell, or share personal information about you with other people or non-affiliated companies except to provide products or services you've requested, when we have your permission, or under the following circumstances: We provide the information to trusted partners who work on behalf of or with Rebag under confidentiality agreements. As this phenomenon happens more and more, the algorithms get smarter and the prices shoot up faster, meaning you'd practically have to be clairvoyant to get in on the ground floor, so to speak. How do you price? - The RealReal -If you made less than $10,000 on Etsy in the past 365 days, you'll be charged a 15% fee on the order total. You can also sell your item in person at one of our Rebag store locations in less than 60 minutes. Risk-Of-Loss. Our products are shipped in nondescript packaging. We also accept payment through PayPal, Affirm, and Rebag Credit. If returned online, you will be charged $20 for each return shipping label being used, Upon receipt of the return, you will receive a refund to your original payment method, regardless of reason, within 10 business days, both for instore and online returns. with a Facebook button). This policy covers how we treat personal information that we collect and use on or through the Services and other related websites where this policy is posted on the footer of the Web page. how much does rebag charge to sell - aima.org.af It is your responsibility to check or review these Terms from time to time to keep informed of any changes. Rebag will return the goods to the customer should they have already been shipped. SEE NEW BAGS SEE TABBY. You may add one additional form of payment to complete your purchase. house for sale wedgewood ave riverview, nb; prestonwood country club wedding cost; Rebag or Ann's Fabulous Finds are both good. In order to serve offers and advertisements that may be interest to our users, we may display targeted advertisements on the Services based on Personally Identifiable Information provided by our users, including zip code and profile. Rebag Review: How to Buy and Sell Authentic Luxury Bags on Rebag - Insider I asked Rebag's Layne how savvy one would have to be to get their hands on something before that upswing. Sell your items to us for upfront payment, unlike consignment, and shop our curated selection of products online or in store. You understand and agree that if you fail to provide us with accurate and up to date information about yourself: (a) we will not be responsible for any misapplied payments or payments sent to a wrong address, and (b) any unclaimed funds may be subject to collection by governmental authorities under applicable unclaimed funds and escheat laws. Rebag Reviews USA 2023 From The RealReal to Rebag, Unpacking the Rise of Resale (c) Void a transaction. You can shop thousands of styles from 50+ brands of high quality, expensive hand bags which are authentic. Any incentive payout is not insured by the Federal Deposit Insurance Corporation (FDIC). How do they get away with pricing certain items well above retail even when they're used? For instance, this data helps us determine how often users are satisfied with the first result of a query and how often they proceed to later results. Rebag Infinity. These trusted partners include companies with which Rebag may operate co-branded websites or web-pages to expand their services using Rebags Services. Correction of Errors and Inaccuracies. The site's "terms and conditions" stipulate that Real Real can discount anything placed for sale on the site by 20% immediately. Rebag's 2021 Clair Report shows new Bottega Veneta styles retaining much of their retail value. Selling fees | eBay You'll need to send in some photos and details on the condition of the piece, and if Rebag deems it worthy of resale, you'll be given a quote. There are pros and cons to each method. Making Money with The Real Real Consignment - MomTrends Rebag Newest Launch Is A Lesson in Handbags 101 - ELLE If we are still able to purchase your item despite the incremental wear, we will provide a quote reflecting the current condition. Rebag Credit awarded to an Advocate will be deposited directly in the Advocate's Rebag account. The vetting and payment process will be completed in less than 60 minutes. Every item undergoes an multilayered evaluation by authentication experts before it is Rebag-approved and listed for sale. No Hermes Birkins/Kelly on display - you probably have to ask, they seemed to be kept in the back. If you object to your information being transferred or used in this way please do not use our Website or services. Fendi. This Privacy Policy only addresses the use and disclosure of information we collect from you. Log into your account and check your Submissions to see if it has been sent to Rebag. All payment details are saved in a secured payment system. Rebag's selling process is fully transparent. Pack your items in your box, then print and sign the invoice provided to include inside the package. Rebag is not responsible for packages that do not appear as scanned, Shipment fees (if any) from Rebag to the customer will not be refunded. With Clair by Rebag, you will get an instant offer in minutes after finding your item and answering a few questions. However, you will not be able to exchange it for Rebag Infinity pricing beyond 12 months after purchase date. Anthony Laurence Jewelers. "It's important our system is also paying attention to prices as they're going out of style," Davis says. This tool calculates its exact value The resale market is valued at $24 billionmore than the entire fast-fashion sectorand resale startups are. Brands are not responsible for any product purchased from the website, and brands do not guarantee the authenticity of goods sold. If you have received an email confirming your submission, but have not received an offer in 1-2 business days, please contact Rebag Client Services by email at [emailprotected] or by phone at 1-844-373-7723 with your reference number. how much does rebag charge to sell - goldstockcanada.com Will I be charged sales tax? - Rebag Since joining the team in 2018, Remi has reviewed hundreds of products and interviewed founders of industry disruptors, such as direct-to-consumer startups. What if the Item Doesn't Sell. sharing buttons) to collect Non-Personally Identifiable information by placing cookies on the Services that will track certain performance of our Services, such as, web traffic, click-throughs, etc., in order to assist us and our service providers in better understanding the interests of our users and to better serve those interests. To the fullest extent permitted by law, Rebag will not be liable for any damages of any kind arising out of or in connection with your participation or membership in the program, including damages arising out of changes to or termination of the program. After a Cash Out transaction occurs, you will receive a notification confirming such payment transaction. We consider a variety of factors including, but not limited to: brand, condition, size, material, demand, seasonality, and current inventory. When you use the Rebag Web Sites and the Rebag Services, we collect information about you. If returns are your goal, you also want to sell at the right time trends don't last forever. By accessing or using the Services, you agree to be bound by all of our terms and conditions. Rebag opens seventh store after raising $25 million In addition, we will notify you about significant changes in the way we treat personal information by sending a notice to the primary email address specified in your Rebag account or by placing a prominent notice on our site. Rebag authentication is an integral part of our vetting process. SEE OUR NEW DISNEY X COACH COLLECTION: REWATCH THE LIVESTREAM SEE THE COLLECTION. It is your duty to keep your email address accurate and up to date and to maintain a valid email address and to ensure that emails we send you are not filtered or stopped by spam filters or other types of email blocking functionalities. We primarily will use Personally Identifiable Information for the following purposes: (a) to provide the Services to you; (b) to customize the advertising and content you see; (c) fulfill any transactions, including, your requests for products and services ; (d) improve our services and offerings to you; (e) conduct research ; (f) provide you with support; (g) provide you with updates and notices about the Services, our Privacy Policy and terms and conditions; (h) contact you under certain circumstances; (i) provide you with offers from us, our affiliates and from third parties that may be of interest to you, (j) provide anonymous reporting for internal and external clients, and (k) to customize the audience targeting of our advertising. There are also now image recognition tools that can pretty accurately determine a bag's style and condition. For you to earn a reward as an Advocate, the Referred Customer must complete a purchase order greater than $500 in total value, minus all fees including taxes, discounts, shipping, returns, chargebacks, fraudulent payments, and/or other 3 rd party fees. If the condition of the item has changed since it was purchased, we will not be able to honor Rebag Infinity. If you become aware of an unauthorized payment transaction or of a delayed or incorrectly executed transaction, you must notify us immediately by contacting our customer service representative. Rebag's 2022 Clair Report reveals which luxury accessories are performing best on the resale market, and which items you should invest in now. Your Rebag Wallet Seller Funds account is not eligible for FDIC pass-through insurance. If you item is not eligible for an instant offer, you can upload images online and an offer will be provided in 1-2 business days (Monday to Friday, holidays excluded) after your submission is received. Eligibility is limited to individuals only. All shipments are tracked, insured, and require signature confirmation upon delivery. If you bought these pieces from Gucci in 2016 and are thinking about selling them to The RealReal today, you'll be happy to know they held a fair amount of value: The sneakers are now selling . Please visit our Payment page for more information. To stop existing alerts, remove the item from your favorites list. 15.1 miles away from Rebag. A pixel tag can collect information such as the IP address of the computer that downloaded the page on which the tag appears; the URL of the page on which the pixel tag appears; the time (and length of time) the page containing the pixel tag was viewed; the type of browser that retrieved the pixel tag; and the identification number of any cookie previously placed by that server on your computer. This Is How Luxury Resale Platforms Price Their Handbags In particular they need to be located in the US at the time of the exchange. When you buy through our links, Insider may earn an affiliate commission. This fee is rounded up to the nearest penny, which will be no greater than $7.27 per trade. These are the Gucci, Chanel Herms and Dior designs that will never go out of style. No. Your continued use of any Rebag Website and/or Rebag Services after any such changes take effect constitutes your acceptance to such changes. Rebag has the option to accept or reject the Product, including without limitation, to reject any Product not conforming to the description you provided to us, any Product modified in such a way that it no longer conforms to the original factory specifications, any Product no longer complying with applicable laws or regulations (e.g. They've got places to go.". Rebag Gift Cards can only be redeemed on the Rebag website and apps. The power of knowledge is what Rebag is trying to give back, with a company history to back it up. Humans also make mistakes, just like computers. In addition, Rebag will use your email address to contact you under the following circumstances: to respond to your support questions, to notify you of material changes to our policies or website, to request your participation in user surveys, and to deliver products, services and marketing communications that you request. After multiple years of operation, we have accumulated an extensive proprietary database that enables us to provide competitive offers. We believe it is necessary to share information in order to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of any person, violations of Rebag's terms of use, or as otherwise required by law. Rebag also has an app, which you can download on your smartphone to speed up the buying or selling process or to just browse the beautifully curated selection whenever. Once we receive your package, we will email you confirmation of the items received. Any experience selling to Rebag vs Ebay vs Heritage Auctions? The Exchange for value is calculated at checkout as 75%, 70% or 60% of the Purchase Price for each item depending on the Infinity Period you are in. Unlike renting or leasing, you remain the owner of the item as soon as you pay the purchase price until you decide to exchange it. -If you made at least $10,000, you'll get a discounted fee of 12%. Rebag does not collect or maintain information from those that Rebag knows are under 13, and no part of the Rebag Services are targeted to attract anyone under 13. The Rebag app is available for download on Google Play and Apple store. If we are able to offer more than, we will. Shop thousands of one-of-a-kind items from 50+ designer brands, such as Chanel, Gucci, Hermes, Louis Vuitton and more through our mobile app, online at Rebag.com, or in store.

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