The RealReal typically pays around 50% to 60% of the item’s resale value for items sold through their platform.
The exact amount can vary based on factors like brand, condition, and demand. High-end designer items might fetch a better return, while less popular brands may offer lower payouts.
When you send in items for consignment, The RealReal evaluates them closely. They consider authenticity, condition, and market trends to determine a fair price.
After assessment, you’ll receive an offer. If you accept, you’ll get paid once the item sells. Remember, payouts can also be affected by how quickly the item sells.
If your item doesn’t sell within a certain period, The RealReal may return it to you or offer it at a discounted price. This can lead to different payout scenarios based on the final sale price.
Keep in mind that The RealReal takes a commission from the sale, which influences how much you ultimately make. Their goal is to provide a seamless experience for both sellers and buyers.
How do I get an estimate for my item?
You can use The RealReal’s online valuation tool for an estimate. Just enter the details of your item, and they’ll provide a ballpark figure.
What types of items do they accept?
The RealReal accepts designer clothing, handbags, shoes, jewelry, and home decor. They focus on high-end brands, so make sure your item meets their criteria.
How long does it take to get paid?
After your item sells, it usually takes about 10-14 days for payment to be processed. This can vary depending on the payment method you choose.
Can I decline their offer?
Yes, you can decline their offer if you feel it’s too low. You have the option to either negotiate or have your item returned to you.
What happens if my item doesn’t sell?
If your item doesn’t sell within the agreed period, The RealReal may return it to you or offer it at a discounted price to encourage a sale.