The RealReal typically pays sellers around 50% to 60% of the sale price of their items.
This percentage can vary based on item type, brand, and condition. Luxury items and designer brands often fetch higher payouts.
The RealReal has a unique consignment model, meaning sellers receive payments only after their items sell.
Items that are priced higher tend to yield better returns.
The platform also provides a pricing tool to help sellers understand potential earnings.
While the payout rate is competitive, sellers should be aware of the commission structure, which can impact overall earnings.
Factors like item authenticity and market demand also play significant roles in determining final payouts.
Sellers often appreciate the convenience of the process, even if it means accepting a lower percentage compared to selling directly.
It’s wise to compare The RealReal with other consignment platforms to ensure you’re making the best choice for your items.
How does The RealReal determine item pricing?
The RealReal uses a combination of market data, brand popularity, and item condition to set prices. Their experts assess each item to ensure fair pricing.
Can I negotiate the payout percentage?
No, The RealReal has set percentages based on their pricing model and does not allow for negotiations on payout rates.
What happens if my item doesn’t sell?
If an item doesn’t sell within a certain timeframe, The RealReal may return it to you or offer to discount the price to encourage a sale.
How long does it take to get paid?
Sellers typically receive payment about 30 days after their item sells. This allows time for the item to be processed and verified.
Are there any fees I should know about?
Yes, The RealReal charges a commission fee on each sale. This fee varies based on the item’s selling price and can affect your total earnings.