Any reference to "transaction" or the transaction value in these Terms for purposes of calculating a members lifetime transaction value or collecting Rebag Rewards Points includes all Rebag products traded, purchased or sold online at Rebag.com and in Rebag retail stores. If you choose to provide us with personal information, you consent to the transfer and storage of that information by us. Terms and Conditions for Rebag Trade program offered on Rebag rebag.com website, Rebag iOS application, Rebag Android application and Rebag retail stores. 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. This information is compiled and analyzed on both a personal and an aggregated basis. From time to time, we may modify this Privacy Policy in our sole discretion. 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. 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. We do not provide this Personally Identifiable Information to our advertisers when you interact with such an advertisement. How Much Does Rebag Take Commission? Here's an example of how other categories are charged: Books & magazines - 14.6% (up to TAOS of $7,500) Women's bags & handbags - 15% (up to TAOS of $2,000) Jewelry & watches - 15% (up to TAOS of $5,000) Art NFTs - 5% on TAOS Guitars & basses - 6% (up to TAOS of $7,500) THIS AGREEMENT AND THE TERMS OF SALE AND TRANSFER OF TITLE OF YOUR PRODUCT ARE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH NEW YORK CITY LAW AND TO THE EXTENT APPLICABLE, THE LAWS OF THE UNITED STATES. We respond to subpoenas, court orders, or legal process, or to establish or exercise our legal rights or defend against legal claims. Of course, there's more to a bag's resale value than its most obvious features. 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. Inactivity is defined as no transactions occurring during such two (2) consecutive year period. Rebags designer page offers a complete list of luxury brands that we buy and sell. The fees you pay depend on the number of listings you have, the product category of the item you're selling, and whether you have an eBay Store Subscription. You can use several Rebag Credit codes in the same purchase. 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"). During the vetting process, if we find anything that differs from the information you submitted or was not disclosed in your submission, your offers may be subject to revision. how much does rebag charge to sellhow to reduce trimethylamine how much does rebag charge to sell. Once the shipping label is attached, youre ready to ship. -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 may add one additional form of payment to complete your purchase. 1 18% started with a capital of $500 . Offer revisions may occur due to condition, change in size, material, or slight model variation. For international payments, there is a payment processing fee of 4.99% + .49 USD. 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'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. 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. swiss immigration to america 1900s; first reformed protestant church jenison. Product Eligibility. We reserve the right, without notice to you, to void Rebag Gift Cards without a refund, suspend or terminate customer accounts, cancel or limit orders if we suspect that a Rebag Gift Card is obtained, redeemed or used fraudulently, unlawfully, or otherwise in violation of these terms and conditions. Bags that are not claimed will be forfeited. Rebag is not responsible for packages that do not appear as scanned into their system, or are dropped off at the wrong shipping carrier. with a Facebook button). The seller pays this from the proceeds of the sale. Is it safe to sell to Rebag? If it does, the typical agent commission is 6% of the price of your home (which is typically . If a member does not participate in any transaction for a 12 month period, their account membership will become inactive and they will not be eligible for the Perks associated with their status. All shipments and pick-ups facilitated by Rebag are tracked and insured. "It's important our system is also paying attention to prices as they're going out of style," Davis says. We may also use "pixel tags," which are small graphic files that allow us to monitor the use of the Services. FCC rules, etc.) Trendsetter Net Sales Under $1,499 Influencer +1% Net Sales $1,500 - $4,999 Tastemaker +2% Net Sales $5,000 - $9,999 VIP +5% Net Sales $10,000+ RealReal Rewards The more you sell the more you earn. The power of knowledge is what Rebag is trying to give back, with a company history to back it up. ALL DISPUTES MUST BE ADJUDICATED IN THE ENGLISH LANGUAGE. Indemnity. --. As the resale market is constantly fluctuating, our offers expire after two weeks. This Privacy Policy only addresses the use and disclosure of information we collect from you. Pack your items in your box, then print and sign the invoice provided to include inside the package. Failure to include any items you told us about when the offer was calculated, or sending us a Product which does not match your original description, may impact the final value of your Product and may result in a revised offer. As Daniel Lee's designs began hitting the market, it lifted the resale value of all of Bottega Veneta bags, old and new. 301081705893 3. Rebag founder and CEO Charles Gorra has made it his mission to make secondary behavior (aka resale) the new standard for luxury goods. She brings up 2017's Louis Vuitton x Supreme collaboration. In the event Rebag recalculates the offer it provided for the Product after it has been received and inspected, as described above, you shall have the option of accepting or rejecting the new offer. Rebag and its affiliates ("Rebag", "we" or "us") offer the Services. 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. To transact in-store, visit the Rebag Bar in any of our locations, and an associate will assist you with the process. Yet, for many, the appeal of luxury handbags is undeniable. No Hermes Birkins/Kelly on display - you probably have to ask, they seemed to be kept in the back. No. darian kinnard knoxville; ginger and caffeine interaction; oklahoma state university college of education faculty; british airways flight 9 documentary As a result, ending up with a fake is now less of a concern for shoppers (though not impossible). $1,005. For customers, we will follow local regulations in regards to masks and other protective measures. 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). They take another 50% commission on the remaining $160 sales price. We encourage you to ask questions before you disclose your personal information to others. Similar Prada bags with subtle variations in price on Fashionphile. We offer payment by ACH electronic transfer (similar to direct deposit), check, and Rebag Credit. The above definitions are broad guidelines. 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. When you buy through our links, Insider may earn an affiliate commission. NOW WATCH: This giant clip makes it easy to carry heavy bags, Millennials contributed to an 85% surge in the sector, Learn more about how our team of experts tests and reviews products at Insider here. You must have all right, title, and interest in any and all Products you seek to sell to Rebag. If you accept the Cash Offer for your sell order, your payout will be deposited into your Rebag Wallet Seller Funds balance. Privacy. The task can be daunting, especially for those new to recommerce. Louis Vuitton's infamous monogram key pouch. Outlet Items - Final Sale. The various tiers of membership in the Program are explained on Rebag.com. We highlight products and services you might find interesting. These are the Gucci, Chanel Herms and Dior designs that will never go out of style. 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. In certain instances, your transaction may be declined, frozen, or held for any reason including but not limited to, suspected fraud, high risk or potential violation of any regulation, compliance with economic or trade sanctions, Rebag policies, or a policy of one of our third-party payments services providers. If you have Rebag Credit, enter your code into the Rebag Credit field at checkout, and the amount will be deducted from your total. If you have questions, concerns or suggestions, please feel free to send an email to [emailprotected]. SEE COACH (RE)LOVED. And at least the overpaid seller is happy. Rebag's 2021 Clair Report shows some Louis Vuitton styles retain more than 100% of their retail value. In case of multiple items being returned, the return assurance fee will only be charged once ($10). In particular, any abuse, manipulation or "gaming" of the Program or its rules (as determined by Rebag), failure to follow any terms of the Program, Membership inactivity for more than 12 months, any misrepresentation or any conduct detrimental to the interests of Rebag not otherwise protected by law may subject members to Membership revocation or deduction of Rebag Rewards Points obtained through these abusive or manipulative activities and will affect eligibility for further participation in the Program. If you request a prepaid shipping label, a shipping label is sent to the email address associated with your account, so you can print and affix it to your own shipping box. If you accept the new offer, you will be paid in normal course and in accordance with these service terms. Today, perhaps, as resale has gone mainstream, the story is about price and value. Rebag does not control the privacy policies of third parties, and you are subject to the privacy policies of those third parties where applicable. Not only do they retain their value, but they also go up in value every year. You represent and warrant that the Products are free of any liens or encumbrances. $1500 to $10,000, the realreal takes 40%. "Our customers are very sophisticated," explains Sarah Davis, founder and president of Fashionphile, which focuses on accessories from big luxury houses. Additionally, you can find some cool, vintage pieces that you wouldn't be able to find in a retail store today. Advocate rewards are non-transferable and can only be redeemed by the Advocate. 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. A survey of several thousand Amazon sellers revealed that:-. As of January 1, 2023, the TAF is $0.000145 per share (equity sells) and $0.00244 per contract (options sells). This can be avoided by answering questions about details and condition accurately and by providing detailed photos of all the signs of wear. Rebag backs this up with a real offer to pay you the quoted amount then and there, if you decide to sell. 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. You may add one additional form of payment to complete your purchase. 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 particular they need to be located in the US at the time of the exchange. 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. For vehicle listings only, sellers can list 1 vehicle per month at no charge. 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. Rebag will return the goods to the customer should they have already been shipped. 14.95% on total amount of the sale up to $7,500 calculated per item. If an item is not approved after our vetting process, we will contact you with additional information. Only one credit card may be used per purchase. 3. eBay. If you have any questions, concerns, or suggestions regarding the above Agreement, please feel free to email [emailprotected]. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof. If the Product was already sent to Rebag, Rebag will be deemed to have rejected the Product resulting in a Return Circumstance. Details of the current tiers and program can be found at rebag.com/rewards. If both your driver and passenger-side airbags were deployed, the repair costs could easily exceed the value of your vehicle. Great. They've got places to go.". We also accept payment through PayPal, Affirm, and Rebag Credit. This may include particular accessories. 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. 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 you do not accept or decline the updated offer and do not pay the trade-in adjustment fee within 5 business days, Rebag will have the right to decide in its sole discretion whether to consider the offer accepted and finalize the transaction or may cancel the full Clair Trade order. Please visit our Guidelines for more information. Anthony Laurence Jewelers. In 2019 the company launched Clair , the Kelley Blue Book of designer handbags. Is it done by humans or robots? People love luxury handbags, but for many, the price is a huge obstacle. Sell your items to us for upfront payment, unlike consignment, and shop our curated selection of products online or in store. Please note it is required to present a valid form of government-issued identification. 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. Just enter your code into the Discount or Rebag Credit bar and click on Apply to apply the credit to your order. You will receive a guaranteed quote within 1-2 business days. Rebag has developed an app that makes it easy for customers to sell and buy pre-owned luxury bags. 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. Over $10,000, the realreal takes 30%. Upon receiving an offer, you have the option of accepting or rejecting that offer. A "cookie" is a small file containing a string of characters that is sent to your computer and stored on your hard drive when you visit a website; many major Web services use them to provide useful features for their users. If you select Affirm at checkout, after clicking "Review order" you will be redirected to Affirm to complete your purchase securely. Rebag is the ultimate destination for buying and selling luxury handbags and accessories. When packaging your Product, be sure to include all materials included in your description when we calculated your offer. NEW IN: 125+ RECYCLED & REIMAGINED STYLES. 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. SIGN UP NOW. By clicking Sign up, you agree to receive marketing emails from Insider Rebag will inspect all Products that are received. Companies like Rebag and Fashionphile use a combination of artificial and human intelligence to price items in a category that's always changing. 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. 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. When you use the Services, you provide information to us. How it works Three easy steps 1 SIGN UP Schedule a pickup, ship to us or drop off Book now 2 LEAVE IT TO US Our team of 100+ experts will do all the work to sell your items fast Learn more 3 GET PAID Choose direct deposit, site credit (earn an extra 5% each month) or check See our commission structure What can I sell? 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. Updated; January 27, 2023 01:16; Sign up for our newsletter to get honest reviews on top products & services delivered weekly to your inbox. I have sold over 100 bags over the past 7-8 years (I was refining and upgrading my collection) and do it myself on eBay, Tradesy, Vestiaire Collection and Poshmark. If you are a California resident, in addition to the rights set forth above, you have the right to request information from us regarding the manner in which we share certain categories of your personal information with third parties, for the third parties' direct marketing purposes. All amended terms automatically take effect 30 days after they are initially posted on the Services, unless that amendment states otherwise. After graduating from Colgate University with a degree in Creative Writing and Political Science, Remi joined Business Insider to help readers find the best products worth buying. Items sold in condition Outlet are for Final Sale only and are not subject to Rebags standard return policy or cancelation policy. All sellers' Payout Currency is the US dollar. That's a piece of data that's gonna help us next time." The process of creating (or "minting" as it's known in crypto-speak) and then selling an NFT can cost anywhere from less than a dollar to more than $1,000. Customer to agrees to pay all taxes related to the trade in. There are strict guidelines on what condition bags must be in in order to be accepted. You can shop thousands of styles from 50+ brands of high quality, expensive hand bags which are authentic. 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. "But for us, that's not a total loss, because we learned something. Using the chart below, you can compare standard selling fees with the discounted rates that come with a Store subscription. This tool calculates its exact value The resale market is valued at $24 billionmore than the entire fast-fashion sectorand resale startups are. Our model gets smarter over time as more people share salaries on Glassdoor. Learn more. The prices presented by Rebag's Clair tool or Fashionphile's Luxury Pricing Index (a similar pricing tool that just isn't public-facing) are based on data culled from its years in business, as well as the overall market, which these companies use to build and improve their proprietary algorithms. We ship internationally with UPS, or we will exceptionally ship with DHL or USPS depending on location. If you select PayPal at checkout, after clicking "Review order" you will be redirected to PayPal to complete your purchase securely. If you shipped your item to us, it will be returned to the address on file with UPS and signature confirmation required. We can only honor returns through the following return process: Rebag cannot accept international returns. 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. posting fees All craigslist postings are free, except for: Job categories in US and parts of CA $10-75 (fee varies by area) Apartment rentals in Boston, Chicago, and NYC areas$5 ; Commercial real estate in the US$5; All for sale by-dealer categories in the US$3-5 Cars/trucks by-dealer in the US, Vancouver BC$5 . For example, we may offer an incentive to sellers who elect to hold a Seller Funds balance whereby we will increase their Seller Funds balance periodically by a pre-disclosed amount. Our goal is to sell your items at the highest price the market will demand. Rebag Rewards Points themselves have no cash value. IF YOUR PRODUCT IS DEEMED UNAUTHENTIC, AND AS PER THE REQUIREMENTS OF THE LAWS OF THE UNITED STATES, WE CANNOT AND WILL NOT ACCOMMODATE ANY RETURN, EVEN AGAINST A FEE. All our items are one of a kind and sell quickly. NO CONFLICT OF LAWS OR PROVISIONS OF ANY JURISDICTION WILL APPLY TO THESE TERMS AND CONDITIONS. See all 12 articles Getting Us Your Bags. Computers do have their limits when it comes to evaluating a bag's condition and other subjective features. Seller closing costs include: Agent commission: The majority of your closing costs come from paying commission to real estate agents. But how? On the sold product listing, click on Set Back in Stock Alert ,. 2023 Breaking Media, Inc. All rights reserved. You further represent and warrant that the Item(s) is (are) not counterfeit or stolen. 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. Learn more. Your continued use of any Rebag Website and/or Rebag Services after any such changes take effect constitutes your acceptance to such changes. You will also be able to see your balance directly in your Rebag account under Payment and Rebag Credit. You can apply your Rebag Credit code at checkout. 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.". -If you made at least $10,000, you'll get a discounted fee of 12%. It is your responsibility to check or review these Terms from time to time to keep informed of any changes. Rebag or Ann's Fabulous Finds are both good. 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. For in store submissions, receive both your offer and payment in less than 60 minutes. This does not drive our decision as to whether or not a product is featured or recommended. Additional details and FAQs for Rebag Infinity can be found here. In the event the Product has already been sent to Rebag, the changed offer will become a New Offer subject to the processes set forth in previous sections. 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. Items that you send in for the trade will be returned to you. In that case items that were bought will be refunded and relisted for sale by Rebag. You must agree to abide by the following terms in order to use the Rebag Services and/or the Rebag Websites. Brands are not responsible for any product purchased from the website, and brands do not guarantee the authenticity of goods sold. 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. No returns can be accepted on international purchases. Your handbags will then go through our thorough vetting process, which takes approximately 2-3 business days. Please do not submit inauthentic handbags as we will not buy them. The bag whose flaws are internal, rather than external, has more value. 28 reviews of Rebag "The newest (and smallest) Rebag location, located downstairs near Nordstrom. With the above in mind, we have taken a number of steps to make our website accessible. What it means. Humans can also consider the impact a new creative director has on brand value. Advertisers or other companies do not have access to Rebag's cookies. Please refer to our Terms of Service. Unless otherwise stated, promotions must be applied by you before checkout. Uncategorized. Thus, if you're selling a product that's, say, worth $200, that cuts your take by $40. 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. How much do Rebag employees make? Rebag will give you a period of five (5) days after Rebag presents you with are calculated offer via email at the address you provided to accept or reject the new offer (the "New Offer Period"). 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.
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