Luxury handbags get big return on their investment Rebags designer page offers a complete list of luxury brands that we buy and sell. $19,214*. Unless otherwise stated, promotions must be applied by you before checkout. When you buy through our links, Insider may earn an affiliate commission. Terms and Conditions for Rebag Trade program offered on Rebag rebag.com website, Rebag iOS application, Rebag Android application and Rebag retail stores. 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. What it means. These Program Terms and Conditions apply to the Rebag Rewards Membership program. Rebag offers free shipping for orders worth $500 and above purchased from their online store. Rebag, which lets customers buy and sell used, high-end handbags, introduced Clair last month. We ship internationally with UPS, or we will exceptionally ship with DHL or USPS depending on location. Rebag was featured in Fast Company, Vogue, WWD, Harper's Bazaar and the New York Times. SEE OUR NEW DISNEY X COACH COLLECTION: REWATCH THE LIVESTREAM SEE THE COLLECTION. Molly H. said "They are a lovely neighborhood jeweler. $1500 to $10,000, the realreal takes 40%. With Clair by Rebag, you will get an instant offer in minutes after finding your item and answering a few questions. When they are being exchanged they need to follow the usual Rebag Guidelines. In 2017 alone, Millennials contributed to an 85% surge in the sector. Rebag's 2021 Clair Report shows how brands like Louis Vuitton, Chanel and Bottega Veneta are retaining more of their retail value now, as compared to previous years. Rebag is the seller of luxury bags and accessories, giving customers the option to purchase or sell their used pieces. We will use Non-personally Identifiable Information to diagnose problems with our servers and software, to administer the Services, and to gather demographic information. Say hello at rrosmarin@businessinsider.com. How much does it cost to sell on eBay? A fee-by-fee breakdown You can expect to pay upwards of $2,000 for each airbag that needs to be repaired. 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. How Much Money Do You Need to Start Selling on Amazon Fba Day Off Tote Monogram Coated Canvas Medium. 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. If you've got designer handbags to sell, try your luck with Rebag. Rebag has developed an app that makes it easy for customers to sell and buy pre-owned luxury bags. As these companies are in business longer and gain more buyers and sellers, they collect more data points, which in turn make those algorithms smarter and more accurate. If we make any updates or changes to this Privacy Policy, all modifications will be posted to this Site, and will be effective immediately upon our posting and, where appropriate, notified to you by post or email. Rebag Newest Launch Is A Lesson in Handbags 101 - ELLE There are ten-day auctions with a price of 40 cents. Over the past few years, there has been serious growth in the luxury-goods market. But trends change fast, so we encourage you to use Rebag Infinity so you (and your closet) can have nonstop newness. All our items are one of a kind and sell quickly. The Clair service gives you 70 percent of the retail price, while the StockX service gives you 40 percent. As a seller, I prefer eBay (lower fees than fashion sites) or if you have Facebook, Facebook Marketplace is great for local buy/sell (no fees you just have to meet up). Rebag backs this up with a real offer to pay you the quoted amount then and there, if you decide to sell. Great. Do not send items that are non-operative or with physical damage that inhibits use. You are responsible for ensuring that you can receive emails from Rebag, and Rebag is not responsible for any emails that were not received by you because they were blocked or filtered as spam. You can also sell your item in person at one of our Rebag store locations in less than 60 minutes. The upside of . Take photos of your items following our tutorial for the best results. That's a piece of data that's gonna help us next time." Simply fill out the form below or call us at 888.737.4132. The stakes are particularly high for sites like Fashionphile and Rebag thatpay sellers upfront, as opposed to those operating on a consignment or peer-to-peer model. Our vetting process must be completed before payment can be issued. Resale value is also impacted by the availability and price of items on the primary market, over which luxury brands like to have tight control. Payment is usually reflected in your account the next business day. All shipments are tracked and insured. If we cant provide you an instant offer, you can always submit images and we'll provide an offer in 1-2 business days. Most browsers are initially set up to accept cookies. Once we receive your package, we will email you confirmation of the items received. If you are uncertain about your Products condition, please seek guidance by contacting Rebags customer care. At least 3 security guards inside monitoring as you look. Learn more. 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. 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. Yet, for many, the appeal of luxury handbags is undeniable. If a purchase is made over the weekend the fulfillment should be fulfilled by the following Tuesday. Rebag The opening comes on the heels of Rebag's latest funding round in February, which raised $25 million and brings the company's total raise to $52 million and its employee count to just over 120. There are also now image recognition tools that can pretty accurately determine a bag's style and condition. She brings up 2017's Louis Vuitton x Supreme collaboration. You will not have the opportunity to opt-out of receiving such notices. By joining the Program, you hereby agree to be bound by any such changed Terms. Courtesy of Rebag Rebag today is launching proprietary image recognition technology Clair AI, which allows potential sellers to discover the value of luxury handbags in seconds, eliminating the. You acknowledge and agree that the trade-in transaction is final and cannot be cancelled by you unless the quoted value has been revised and declined by you. You remain responsible for the risk-of-loss for the Products until delivery of the same to Rebag. Your Product must be received by Rebag within fifteen (15) days after you order the prepaid box or a pickup on the Rebag Website or drop your product off at one of our store locations (the "Delivery Period") or the offer shall automatically expire. Rebag backs this up with a real offer to pay you the quoted amount then and there, if you decide to sell. You acknowledge that this Agreement is in electronic form and has the same force and effect as an agreement in writing. We do not provide this Personally Identifiable Information to our advertisers when you interact with such an advertisement. If you request a prepaid shipping box, a shipping box including a label, invoice, and packing supplies will be shipped to the mailing address associated with your account. How do you price? - The RealReal Rebags selling process is fully transparent. Rebag will also remind you of the outstanding new offer one or more times during the New Offer Period. To stop existing alerts, remove the item from your favorites list. If you would like to sell your bag to Rebag after this timeframe, please get another offer for your item. You may add one additional form of payment to complete your purchase. That's where things get complicated. If you select PayPal at checkout, after clicking "Review order" you will be redirected to PayPal to complete your purchase securely. You are responsible for any damages that may occur to your Product while in transit. "We believe in a combination of human intelligence and artificial intelligence," she says, estimating that 70% of Fashionphile's pricing decisions are based on algorithms and machine learning, and the other 30% on human expertise and research. Unless already accepted by the customer, all offers by Rebag automatically expire five (5) days following the date that they were issued. 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. as well as other partner offers and accept our, Remi is a former reporter for Business Insider's affiliate commerce team, Insider Reviews. All shipments and pick-ups facilitated by Rebag are tracked and insured. If you choose to provide us with personal information, you consent to the transfer and storage of that information by us. Thanks to social media, trends emerge and flame out faster than ever. Rebag ("The Company") offers services (the "Rebag Services") through which you can sell certain luxury items (the "Products") after receiving an "offer" from Rebag by identifying your Product or completing check-out on the Rebag Website. Plus,Covid-19 has led to supply chain disruptions that are still being felt. There are pros and cons to each method. We also accept payment through PayPal, Affirm, and Rebag Credit. All amended terms automatically take effect 30 days after they are initially posted on the Services, unless that amendment states otherwise. However, the commission levels can be as low as . No Hermes Birkins/Kelly on display - you probably have to ask, they seemed to be kept in the back. Is OfferUp free to use? - OfferUp Support The Rebag app is available for download on Google Play and Apple store. . Using Image Recognition Technology, Rebag's New Clair AI - Forbes 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. Under the Program, all transactions will earn 1 Rebag Rewards point credited to their Rebag Rewards account for every U.S. dollar transacted (traded, sold, or bought). If you do not want the social network to collect the information about you described above, or to share it with Rebag and other third parties, please review the privacy policy of the relevant social network and/or log out of the relevant social network before you visit Rebags site. "If the machine is saying to price it at X dollars and you look and say, 'This bag looks brand new except for that mark on the inside, it's not that bad,' we give our experts the freedom to be able to say, 'I'm gonna bump the price a little bit.'". The vetting and payment process will be completed in less than 60 minutes. This can be avoided by answering questions about details and condition accurately and by providing detailed photos of all the signs of wear. You can shop thousands of styles from 50+ brands of high quality, expensive hand bags which are authentic. Just enter your code into the Discount or Rebag Credit bar and click on Apply to apply the credit to your order. Please note checks do not have tracking numbers. Again ranging from 10 cents to 30 cents depending on the category after you have used up your free listings. Our designated email address for such requests is [emailprotected]. 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. If our current pricing in Rebag Credit for that item is greater than the Exchange Value from Rebag Infinity, we will upgrade your Exchange Value so you always get the most favorable pricing option. As an Advocate, you are responsible for any and all tax liability resulting from Referral Rewards. Only one credit card may be used per purchase. We understand that individuals with varying disabilities may seek information on our website, and it is our goal to provide such individuals access to the content, features and functionality available through our website. Rebag reserves the right to change or modify these Terms & Conditions or any policy, FAQ, or guideline pertaining to Seller Funds incentives, in whole or in part, at any time and in its sole discretion. 5% for any portion of Sales Proceeds greater than $5,000. Rebag does not control the privacy policies of third parties, and you are subject to the privacy policies of those third parties where applicable. Items sold in condition Outlet are for Final Sale only and are not subject to Rebags standard return policy or cancelation policy. In your Rebag web and app account, on the Purchases page, simply find your order and click Exchange on the bag you would like to exchange. From The RealReal to Rebag, Unpacking the Rise of Resale Certificates of authenticity are provided solely by Rebag. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof. Indemnity. Rebag collects two types of information: (1) information that you provide to us that lets us know who you are ("Personally Identifiable Information") and (2) information that does not by itself identify a specific individual ("Non-personally Identifiable Information"). "If they don't like our offer, they're gonna shop it around. SEE COACH (RE)LOVED. If your revised item value is lower than the initial offer, you will have 5 days to accept or decline the updated offer and may be required to pay a trade-in adjustment fee. "We've got to get that price as right as possible or we're out of business," says Davis, noting that Fashionphile has "always been profitable," suggesting they get it right pretty often. Your Seller Funds and associated benefits, including but not limited to Premium Payouts incentives and spending bonus incentive, are personal to you and may not be sold, transferred, assigned, or shared with, in whole or in part, with family, friends or any other persons, or used by you, your agents, employees, directors, officers, or assignees, for any commercial purpose. By using the Rebag Services, you agree to indemnify Rebag from all claims or losses sustained by Rebag as a result of any breach of these representations and warranties. Rebag shall not be responsible for communication errors should your contact information be inaccurate or incomplete. Average Median Price: $2,212 Rebag: $1,500 - $2,500 Fashionphile: $1,345 - $4,735 The Real Real: $1,495 - $3,000 Yoogi's Closet: $1,125 - $1,995 Chanel Square Mini ($3,200) Average Median Price: $2,820 Rebag: $3,300 - $4,115 Fashionphile: $2,065 - $3,595 The Real Real: $1,395 - $3,000 Yoogi's Closet: $2,395 - $2,695 Chanel Rectangular Mini ($3,500) If you accept the Cash Offer for your sell order, your payout will be deposited into your Rebag Wallet Seller Funds balance. We do all the heavy lifting for you. This represents the minimum amount you will receive in Rebag Credit if you exchange this item within the given time period if you item qualifies for Rebag Infinity. * Start a trade 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. Without notice to you, Rebag reserves the right to suspend any Seller Funds registered to your account and/or terminate your account and/or your participation in incentives if Rebag determines, in its sole discretion, that you have violated these Terms & Use or that the use of your Rebag account is unauthorized, deceptive, fraudulent or otherwise unlawful. How much listing agents get paid. We reserve the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you and, in such case, you agree to cooperate with our defense of such claim. Advertisers or other companies do not have access to Rebag's cookies. And yes, machines have ways of assessing that as well, by monitoring behavior and patterns on e-commerce: Upticks in "searching, buying, favoriting and adding to cart" signal that an item's demand is increasing and should be priced accordingly, according to Layne. Our store locations can be found here. Rebag, the authority on buying, selling and trading luxury goods, is currently one of the fastest growing retailers in the US and has established itself as a leader in the luxury re-commerce space. The Purchase Price is the original price you paid at checkout for the item including discounts and promotions, but excluding shipping and taxes. In particular in case of patterns of unreasonable number of returns or cancellations, we reserve the right at our sole discretion to restrict or refuse that clients access. You can use several Rebag Credit codes in the same purchase. Rebag uses cookies for the following general purposes: (a) to track your preferences, such as the address or local zip code you enter; (b) to access your information when you sign in so we can provide you with your personalized content ; (c) to display the most appropriate advertisements, based on your interests and activity on our web site; and (d) and to help us analyze and estimate our traffic and use of features on the Services. The inside is quite small and got crowded fast, and there are mirrors all over to give the appearance the store is larger. Non-Transferable. All of this contributes to the prices you see on resale sites, and the very different prices you might see just a few months later. Access. Rebag Gift Cards must be obtained from Rebag and you are responsible for safeguarding your Rebag Gift Card from unauthorized use. Where to sell your pre-owned designer handbag. How Much Does It Cost to Fix a Deployed Airbag? We will send a confirmation email as soon as we receive and identify your order. about that very item's illogical resale price. how much does rebag charge to sell - rsvp-parrucchieri.it All Offers from Rebag to purchase submitted Products are non-binding and indicative only. Limited Liability. If you have Rebag Credit, enter your code into the Rebag Credit field at checkout, and the amount will be deducted from your total. How do I sell using Clair? All Bags - Rebag 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. And at least the overpaid seller is happy. Rebag's Ability To Instantly Tell What Your Handbag Is Worth - Forbes Once the shipping label is attached, youre ready to ship. This tool calculates its exact value The resale market is valued at $24 billionmore than the entire fast-fashion sectorand resale startups are. The Real Real has a series of timed discounts that they put on your items. You are limited to one Qualified Referral for each Referred Customer; in other words, additional/repeat purchases made by a Referred Customer are not counted as additional Qualified Referrals. How Much Does It Cost to Sell on StubHub : r/DeftDeals Every item is thoroughly vetted for condition, and Rebag-approved for authenticity by our team of in-house experts. Please note that Rebag will only issue payment to accounts that match the name of the person completing the order. 15.1 miles away from Rebag. ANY AMENDED TERMS WILL BE AUTOMATICALLY EFFECTIVE IMMEDIATELY AFTER THEY ARE POSTED. In 2019 the company launched Clair , the Kelley Blue Book of designer handbags. Starting with the fourth post each month, the seller pays a fee to list each vehicle. 85% of the portion of the selling price above $3,000 will be paid to you. Rebag or Ann's Fabulous Finds are both good. Rebag only accepts items in excellent condition. Requirements. For In Store Purchases All stores are cash free. Otherwise, the changed offer will be re-issued, which you may accept or reject. That means if you had one in decent condition, you could actually sell it at a profit. To summarise: AUCTION FEES 1 Day: $1.00 3 Day: $1.00 5 - 7 Day Free every month, with a restricted number. Dwolla. This Privacy Policy only addresses the use and disclosure of information we collect from you. Humans also make mistakes, just like computers. For the safety and well being of our customers and employees, we have implemented the following policies as our stores reopen: We kindly ask that all customers also follow local health maintenance recommendations. For even faster service, bring your items to a Rebag store and we will complete the quoting, vetting and payment process in less than 60 minutes. We highlight products and services you might find interesting. We respond to subpoenas, court orders, or legal process, or to establish or exercise our legal rights or defend against legal claims. how long can you live with a coiled aneurysm? All shipments and pick-ups facilitated by Rebag are tracked and insured. Checks take 2-7 business days for delivery by mail. DO NOT SEND UNAUTHENTIC PRODUCTS. Please refer to our Terms of Service. Coins & Paper Money > Bullion. "It's supply and demand," says Layne. growing cohort of enterprising millennial and Gen-Z luxury buyers and sellers, treating handbags as financial investments, following trends we've seen in the sneaker market, raising prices annually or even biannually, limiting clients to purchasing only one or two, 2017's Louis Vuitton x Supreme collaboration. If you purchase an item and it is proven to be inauthentic by a verified authenticator, Rebag will honor a full refund upon return of the bag. How to Sell Clothes Online and Make Money From Home Learn more. Risk-Of-Loss. 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. In that case items that were bought will be refunded and relisted for sale by Rebag. If you do not agree to the changes, you may discontinue using the Rebag Websites and/or the Rebag Services. You can delete your Rebag registered account by requesting an account deletion via email to [emailprotected]. Complaints andFeedbackaboutRebag Does Rebag sell authentic bags? In this Agreement, the term "you" or "your" means an individual or entity exercising rights under this Agreement, and the term "Rebag," "we" or "us" means Rebag and its affiliates and subsidiaries. If we are unable to purchase your items , we will notify you by email, and you can pick them up at your earliest convenience. After we have confirmed your request via email, we will remove access to your personal information from our user database. The captions are used only as a matter of convenience and are not to be considered a part of this agreement or be used in determining the intent of the parties to it. Where Rebag sites contain a plug-in to a social network, these are clearly marked (e.g. In particular they need to be located in the US at the time of the exchange. "It's important our system is also paying attention to prices as they're going out of style," Davis says. We may amend this Privacy Policy at any time by posting the amended terms on this site. When redeemed, gift card amounts are added to the user's Rebag Credit balance as Rebag Credit that never expires and can only be used to purchase items on Rebag website and apps. That's a fair comparison when talking about a bag that's truly rare or special, but what about items that don't seem that remarkable? Fees For Selling On eBay: The Complete Breakdown - Listing To Freedom By acting as the middleman between those who want to sell their old luxury bags and those who want to buy new ones. Not anymore. Buy & Sell In One Transaction - Rebag Get up to $400 in bonus Rebag Credit per item sold until 2/28*. It is your responsibility to check or review these Terms from time to time to keep informed of any changes. Rebag sells authentic second-hand bags from the most sought-after brands. Louis Vuitton's infamous monogram key pouch. Regardless of the cause, scarcity drives up resale value, even to above-retail levels; plus, when sellers learn that a brand like Chanel raised its prices, they expect to be paid accordingly.