The RealReal takes a commission that ranges from 15% to 45% on sold items, depending on the item category and price.
For items priced under $1,000, the commission is typically higher. As the price increases, the percentage taken generally decreases.
Luxury handbags, for instance, might incur a 20% commission, while more expensive jewelry can see rates as low as 15%.
Keep in mind that these rates can also be influenced by promotional offers or specific agreements between the seller and The RealReal.
Sellers should also consider additional fees that may apply, like shipping or authentication charges, which can affect overall earnings.
It’s crucial to read the seller agreement carefully to understand all potential costs involved.
Pricing strategies and market demand can also impact how much sellers ultimately receive after The RealReal’s commission.
Understanding the nuances of these fees can help sellers make informed decisions when listing their items.
Knowing the exact percentage taken by The RealReal can help you set realistic expectations for your returns.
What fees are associated with selling on The RealReal?
Sellers may encounter additional fees such as shipping costs and authentication fees, which can vary based on the item type.
Can I negotiate the commission rate with The RealReal?
Generally, the commission rates are set by The RealReal, but sometimes exceptions can be made for high-value items.
How is the commission calculated on The RealReal?
The commission is calculated based on the sale price of the item and varies by category, with lower rates for higher-priced items.
What is the average profit margin for sellers on The RealReal?
The average profit margin can vary widely, but many sellers report margins between 40% to 80% after fees, depending on the item and its price.
Are there any hidden fees when selling on The RealReal?
While The RealReal is transparent about its fees, sellers should be aware of potential shipping and authentication costs that could affect total earnings.