Unless otherwise stated, promotions must be applied by you before checkout. Thus, if you're selling a product that's, say, worth $200, that cuts your take by $40. A Paris Fashion Week attendee carrying a Balenciaga City Bag in October 2021. When they are being exchanged they need to follow the usual Rebag Guidelines. WE DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND THE IMPLIED CONDITIONS OF SATISFACTORY QUALITY. We will make reasonable efforts to address the problem, which may include providing you an alternative method(s) for obtaining the applicable website content and/or fulfilling your request. There are ten-day auctions with a price of 40 cents. NO CONFLICT OF LAWS OR PROVISIONS OF ANY JURISDICTION WILL APPLY TO THESE TERMS AND CONDITIONS. In 2017 alone, Millennials contributed to an 85% surge in the sector. 2.65%. ), Fashionphile listings usually include details on and photos of any visible wear, but Davis advises: "The true indicator when you're looking at any style we're selling is the price this bag has got some issues if it's 80% off retail; you can tell a bag is in good condition as it gets closer and closer to retail.". Rebag Credit is store credit for you to use on purchases on the app, online at Rebag.com, or in store at any Rebag store location. -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. All Offers from Rebag to purchase submitted Products are non-binding and indicative only. WE PROVIDE THE REBAG SERVICES AND WEBSITE "AS IS", "WITH ALL FAULTS," AND "AS AVAILABLE", WITHOUT EXPRESS OR IMPLIED WARRANTIES OF ANY KIND. You can also see your credit balance in your Rebag account under Payments, and Rebag Credit. No Hermes Birkins/Kelly on display - you probably have to ask, they seemed to be kept in the back. Condition definitions are subject to change at Rebag's discretion. You may have only one (1) Rebag account that is personal to you. Not anymore. Customer Accounts. 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. Molly H. said "They are a lovely neighborhood jeweler. Rebag founder and CEO Charles Gorra shares the best styles to invest in right now. WE MAKE NO REPRESENTATIONS THAT YOUR TRANSACTIONS WITH REBAG WILL MEET YOUR REQUIREMENTS. Advocates will not be awarded for the purchase of Rebag gift card(s). That said, scarcity is not always in the brand's control: Covid-19, for instance, has caused unprecedented supply chain issues that have contributed to that as well. When one thousand dollars can pay your rent and then some, it can seem excessive to drop that money on a single purse. We limit access to personal information about you to our employees and agents who we believe reasonably need to come into contact with that information to provide products or services to you or in order to do their jobs. Vote. Releasing Rights to Product. After we receive your items , our vetting process takes 2-3 business days. 'active' : 'js-change-currency' ?> //= plugin_dir_url( __FILE__ ) . This is an added function of Clair: It allows Rebag to collect data from more people, including those who may not end up buying or selling anything. The various tiers of membership in the Program are explained on Rebag.com. Fendi. "Think of the art world or the auction world," says Layne. By continuing, . Find your forever favorite, or embark on a handbag honeymoon with the intention of bringing it back to Rebag within 6 months for store credit. In the event that your Rebag account is terminated, all accrued seller funds, site credit and rewards in your account are void. How can I submit my item? Read on for closer look at how these decisions are made, imbued with some tips for the handbag investors among you. All sellers' Payout Currency is the US dollar. There will be access to hand sanitizer for both customers and employees. 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. Sending Rebag Your Product. We view protection of users' privacy as a very important community principle. Is it safe to sell to Rebag? Jun 18, 2017. We also may allow certain analytic services and providers of applications used on the Services (e.g. All shipments are tracked, insured, and require signature confirmation upon delivery. Rebag reserves the right to cancel any order at any time, before or after payment is processed, for security, fraud review or any other reason. to protect your personal information against unauthorized access and disclosure. SIGN UP NOW. Similarly, after a price is determined by Rebag's algorithm, "everything is reviewed and vetted by our team internally," says Layne. All offers will be based on Rebag's own determination of the Product value in reliance on the accuracy of the information you supply us. You can review your current offers by logging into your Rebag account and going to View My Offers. 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). It also echoes the offline expansion of other digitally native resale and rental platforms like The RealReal and Rent the Runway. The Company seeks to lower the technical barriers to accessibility on our website for persons with disabilities. We encourage you to ask questions before you disclose your personal information to others. Rebag offers customers the option of buying back previously purchased Rebag items for Rebag Credit valued at at least 75%, 70% or 60% of the original purchase price if exchanged within 3, 6 or 12 months, respectively, from the original purchase date. (b) Change the offer. For the avoidance of doubt, in such event, risk of loss will be transferred to you once Rebag delivers the package to the carrier for return to you and you will bear the risk-of-loss while the Product is in transit. So you get $80 for your $200 product. If we cant provide you an instant offer, you can always submit images and we'll provide an offer in 1-2 business days. Simply download the Rebag App from App Store / Google Play. That's why it's important to have a team who's able to use historical data and say, 'This is how similar pouches have gone in the past.'". Once approved, we will proceed with the shipment of your purchase and you will receive a shipping confirmation email. However, if the new offer is neither affirmatively accepted nor rejected by you during the New Offer Period, the new offer will be deemed to have been accepted by you and you will be paid the new offer price in the normal course and in accordance with these service terms. If you are outside of our pick-up range, you can still select from the remaining available options: prepaid label, prepaid shipping box, or store drop off. Processing may take up to 1 business day. If you do not agree to these Terms of Use, you must cash out your Rebag Wallet Seller Funds balance. Rebag accepts all major credit and debit cards. //= $_COOKIE['currency'] == 'USD' ? . If you've got designer handbags to sell, try your luck with Rebag. Rebag shall not be responsible for communication errors should your contact information be inaccurate or incomplete. The Realreal has several tiers of commission levels when it comes to how much percentage they will take. If we receive your handbags and they are not what was expected based on your submission, they may not pass our vetting process. I would imagine in three-to-six months it will be a lot more expensive, but if you were looking a year ago, you would've gotten a steal.". Rebag's 2021 Clair Report shows new Bottega Veneta styles retaining much of their retail value. To learn more about this behavioral advertising practice in general and the options that you have, including your option or to opt-out of this type of advertising, you can visit www.networkadvertising.org. If you don't have a Store, the maximum final value fee that you can be charged for any one item that you sell will be $750. Rebag offers you visibility on the exchange prices so you can purchase with confidence. 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. In addition, Rebag is available by email, phone, or chat if you would like to inquire about any updates or concerns. Not only do they retain their value, but they also go up in value every year. You are eligible to redeem Rebag Rewards Points if you have a minimum of 1,000 Rebag Rewards Points in your Rebag Rewards account at the time of purchase or trade. rebagg is horrible. This Privacy Policy only addresses the use and disclosure of information we collect from you. 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. If you accept the Cash Offer for your sell order, your payout will be deposited into your Rebag Wallet Seller Funds balance. 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. If you have Rebag Credit, enter your code into the Rebag Credit field at checkout, and the amount will be deducted from your total. 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. People love luxury handbags, but for many, the price is a huge obstacle. 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. To transact in-store, visit the Rebag Bar in any of our locations, and an associate will assist you with the process. However, third parties may unlawfully intercept or access transmissions or private communications, and other users may abuse or misuse your personal information that they collect from the site. Rebag will inspect all Products that are received. how much does rebag charge to sell. We also accept payment through PayPal, Affirm, and with Rebag Credit. Similar Prada bags with subtle variations in price on Fashionphile. how long can you live with a coiled aneurysm? Anthony Laurence Jewelers. You will not have the opportunity to opt-out of receiving such notices. $1,005. This tool calculates its exact value The resale market is valued at $24 billionmore than the entire fast-fashion sectorand resale startups are. The Referred Customer and the Advocate cannot be the same person (for example, by using a different email address). We may amend this Privacy Policy at any time by posting the amended terms on this site. Most browsers are initially set up to accept cookies. However, the commission levels can be as low as . To avoid revisions, please make sure the information provided is accurate and that youve accounted for any and all signs of wear. How do they keep up with the constant influx of new items not to mention this wacky, turbulent industry? --. If you interact with a social network plug-in (e.g. We operate independently from our advertising sales team. Applicable Law and Venue. These trusted partners include companies with which Rebag may operate co-branded websites or web-pages to expand their services using Rebags Services. Louis Vuitton's infamous monogram key pouch. Coins & Paper Money > Bullion. 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. Rebag buys its product based on a list of accepted designer brands. Title to the applicable Product passes to Rebag upon Rebags acceptance of the Product for the original offer or the new offer, as applicable. It takes 1 business day for a purchase to be processed before shipment. 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. 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. We can only honor returns through the following return process: Rebag cannot accept international returns. Product Inspection; Offer Recalculation. The authentication team has decades of experience and is trained to detect inaccuracies. Never miss the latest fashion industry news. The vetting and payment process will be completed in less than 60 minutes. For in store submissions, receive both your offer and payment in less than 60 minutes. 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. In order to receive payments for any Products we purchase from you, you must provide us with information including a valid email address at which you are able to receive email, a valid postal address at which you are able to receive mail, and your first and last name. 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. All shipments and pick-ups facilitated by Rebag are tracked and insured. Typically very quick and friendly. 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. 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 . 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. But with great power comes great responsibility. You agree to comply fully with all import and export laws, regulations, rules and orders of the United States, or any foreign government agency or authority, and that you will not directly or indirectly transfer your Product without proper authorization from the U.S. and/or foreign government. 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. Rebag makes every effort to ensure the accuracy of all information you receive in relation to your Product. An increasingly common and sometimes controversial occurrence in luxury handbag resale is items being priced above what they would cost at retail. Learn more. "We get it wrong," Davis says. You acknowledge that any information collected by such advertisers or advertising networks and any options that you have with the use of such information would be handled in accordance with the disclosures provided above in the "Advertising" section. Because email and instant messaging are not recognized as secure communications, we request that you not send private information to us by email or instant messaging services. Once your Rebag Credit is issued, we will email you a unique code. Any funds in your Rebag Wallet Seller Funds account represent unsecured claims against Rebag. If you are not registered with the social network or you are logged out before you visit Rebags website, there is the possibility that at least your IP address will be submitted to and stored by the social network. By acting as the middleman between those who want to sell their old luxury bags and those who want to buy new ones. In that case items that were bought will be refunded and relisted for sale by Rebag. Items that you send in for the trade will be returned to you. Over $10,000, the realreal takes 30%. You waive any right you may have to receive specific notice of such changes or modifications, and your continued access to Rebag Wallet following any such changes or modifications confirms your acceptance. What factors go into setting and adjusting these prices? And guess what? Expecting consistently high demand, the site priced everything at three-to-four times above retail, but the hype died down and certain pieces didn't hold that value, so Fashionphile lost money on them. If you select PayPal at checkout, after clicking "Review order" you will be redirected to PayPal to complete your purchase securely. If you do not pay the $10 return fee, the Product will remain the property of Rebag. but you can also get them consigned at a percentage, from 5% for cheap items to as much as 80% for goods that cost more than $300. Rebag accepts U.S. returns as long as items comply with our return policy, are in the same condition as described on the product page, and still have the Rebag return tag attached. Our store locations can be found here. All our items are one of a kind and sell quickly. But how? We also accept payment through PayPal, Affirm, and Rebag Credit. If both your driver and passenger-side airbags were deployed, the repair costs could easily exceed the value of your vehicle. 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. Membership is non-transferable and Membership purchases must be made by the member. If your order has not yet been paid, you may edit your payment details directly in your account. Individual eBay Store Subscriber DO NOT SEND UNAUTHENTIC PRODUCTS. Simply fill out the form below or call us at 888.737.4132. However, these companies do not have any independent right to share this information. After that, some items go to I:CO, a leading global solutions provider for the collection, sorting, reuse and recycling of unwanted clothing, shoes, and textile-related accessories . '../imgs/USA.png' ?> //= $_COOKIE['currency'] == 'CAD . This $10 return assurance fee will be netted from any payment due by Rebag to the seller. Our courier can pick-up from your home, office, or doorman. You can also sign up for our newsletter to be the first to know about new products and receive exclusive email offers, product alerts, handbag inspiration and more. You must have participated in at least one trade, sale, or purchase (Transaction) and must have a lifetime transaction value of at least $500 in order to be eligible for membership. All shipments are tracked and insured. Rebag Infinity is not available for international orders. Facebook; Twitter; LinkedIn; Was this article helpful? Modification. Learn more.
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