Quick Answer: Does The Real Real Buy Outright?

How does the real real make money?

High Cost Business Model It pays the cost of authenticating, merchandising, shipping, and accepting returns for all the items it sells.

What’s more, many of the above costs are not reported in cost of goods sold.

Instead, they are reported as “Operations and Technology” expenses..

What is the real real commission?

For items $1,500 or less, The RealReal offers a 55% commission, for example, while it pays up to 80% on fine watches. ThredUp’s overall commission structure is also tiered, but in smaller increments with different prices for women’s and children’s clothing.

What percentage does the real real take?

50%(e) A Commission Rate of i) 50% will always apply for any items priced between $146 and $195 and (ii) 40% will always apply for any items priced under $145, regardless of the amount of Net Sales you have achieved in the applicable Commission Window, your starting Commission Rate for any Commission Window, or any other …

Do you have to pay for the real real?

There is no minimum purchase required, and you will be billed every month, $10 for First Look membership and $30 for Platinum level.

Where does the real real ship from?

All orders shipped to addresses outside of the United States are shipped via UPS Worldwide Expedited….Delivery Timeframe and Fees.DestinationDelivery TimeCostCanada, Mexico, Puerto Rico3 – 6 business days$30 USDEurope4 – 6 business days$40 USDMiddle East, Asia Pacific, Australia4 – 7 business days$50 USD

How long does it take to sell on the real real?

It is in both of our interests to sell at the highest possible price within 30 days to ensure the consignors are getting paid as soon as possible. Our pricings are based on algorithms, item type, age, condition.”

What brands does REAL REAL accept?

ChanelLouis VuittonHermèsGucciCartierRolexTiffany & Co.Christian DiorSaint LaurentFendiVan Cleef & ArpelsGoyardShop By Designer >PradaCelineBalenciagaBurberryBottega VenetaBvlgariTom FordThe RowManolo BlahnikPatek PhilippeOff-White.TOP SEARCHED. … GUCCI IMAGE.

How do you shop on the real real?

The Secret Guide to Shopping The RealRealShop La Crème De La Crème With Editors’ Picks.Score New Arrivals Fast.Create A Personalized Shopping Experience On The App.Optimize Your Search.Make The Most Of Your Obsessions.Ready to score the best pieces on the site? Start shopping our Editors’ Picks now.

Is the RealReal safe?

The RealReal is the world’s largest online marketplace for authenticated, consigned luxury goods. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items.

Does the real real pay upfront?

Our sell upfront program allows you to sell select watches, fine jewelry, handbags and sneakers, and get paid upfront, without waiting for your items to sell. You can choose payment in cash or site credit (+10%), which you will receive within two weeks.

Where can I sell my luxury items?

The sites below provide legitimate outlets for you to sell your gently-worn and used luxury items.Bag Borrow or Steal.Couture.LePrix.Poshmark.Real Deal Collection.The RealReal.Rebag.Tradesy.More items…•

IS THE REAL REAL used items?

Authenticity Is We are the only resale company that authenticates every single item we sell. We have a rigorous, brand-specific authentication process, overseen by 150+ experts, including luxury brand authenticators, gemologists, and horologists.

Where is the real real headquarters?

San Francisco, California, United StatesThe RealReal/Headquarters

How do I cancel my real real account?

There are two ways to unsubscribe. Option 1: You can simply click “Unsubscribe” at the bottom of any email you receive from The RealReal and follow the prompts. Option 2: Log in to your account and under Account Info click Preferences and select Email Preferences. What is First Look membership?