The Real Real

November 16, 2024 Post a Comment

The real real

We require you to register for the Site in order to use The RealReal Service or to act as a Consignor to The RealReal. 4.

Is the RealReal a good deal?

The RealReal has a consumer rating of 3.6 stars from 5,023 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with The RealReal most frequently mention customer service, great experience and fast delivery. The RealReal ranks 4th among Discount Clothing sites.

How much is RealReal charge?

The site's “terms and conditions” stipulate that Real Real can discount anything placed for sale on the site by 20% — immediately. Thus, if you're selling a product that's, say, worth $200, that cuts your take by $40. They take another 50% commission on the remaining $160 sales price.

Why is the RealReal losing money?

But the online consignment store for used luxury goods—from rare $57,000 Hermès crocodile handbags to $40 T-shirts—has been losing more and more money, in part because of its labor-intensive process for authenticating items and its opening of a string of posh bricks-and-mortar retail stores.

What is the difference between poshmark and the real real?

Poshmark takes a do-It-yourself approach But unlike ThredUp and The RealReal, Poshmark operates under a different business model. It doesn't take possession of the clothing for sale. It works as a peer-to-peer marketplace where sellers list items and Poshmark takes a piece of the action once a sale is completed.

Can Canadians sell on the RealReal?

The first step: Finding the platform that works best for you. Several of the most well-known resale and consignment marketplaces and sites — including The RealReal, thredUP, letgo, OfferUp, and Tradesy — aren't currently available for Canadian sellers (although we can shop on many of the same platforms).

Does the real real sell used items?

The RealReal (TRR) was launched in 2011 by Julie Wainwright as an online platform for selling pre-owned luxury goods. Insider insights and what you need to know to consign and shop successfully on the Real Real online luxury resale site.

Does RealReal return unsold items?

If your items have not sold within 365 days after acceptance, you can request that they be returned to you at our cost, or that they be donated to a charity of our choice.

Is the RealReal struggling?

High costs, big losses The RealReal recently reported full-year results for 2021; while revenue grew 56% from 2020, the full-year loss grew 34%, from $176 million in 2020 to $236 million last year.

What happens if the RealReal loses your items?

If your items are lost during shipment to us, please contact us at consignorrelations@therealreal.com so we can look into your shipment.

Is the RealReal ethical?

Authenticity and integrity are at the very foundation of The RealReal, Inc. (the “Company”). We expect this of all our employees, partners and associates. We are committed to legal and ethical conduct in every aspect of our business.

Who competes with real real?

Top 10 The RealReal competitors

Vestiaire Collective.
Poshmark.
Tradesy.
Rebag.
Lampoo.
Vinted.
thredUP.
Fashionphile.

Does the real real accept returns?

To return eligible items, you must request a return within 14 days of in-store purchase or original shipment date, and return the item(s) within 21 days of in-store purchase or original shipment date. Items received after 21 days may be eligible for consignment (excluding beauty).

Are there fake sellers on Poshmark?

There are two kinds of Poshmark scams: ones that target the seller, and ones that target the buyer. The latter type of scam usually involves misrepresented merchandise, such as counterfeit luxury goods.

Is it illegal to sell replicas in Canada?

There are laws in Canada that protect owners of intellectual property and make it illegal to sell counterfeit products for commercial purposes in Canada.

Is it legal to sell replica shoes in Canada?

But if we talk about copyrights and trademarks, we have laws in Canada in various statutes including the Criminal Code, the Trademarks Act, the Copyright Act, the Combating Counterfeit Products Act, and other acts, and they make it illegal to sell counterfeit products for commercial purposes in Canada.

Is it legal to resell products in Canada?

Generally, it's not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose.

How long does it take to sell a bag on The RealReal?

This process usually takes between 10-15 days.

How long does real real hold items?

Regulations require The RealReal to hold items for 15 days from the date of appointment prior to making items available for sale.

How long does The RealReal keep items on hold?

We allow you to hold items in your cart for 20 minutes so you can consider your purchase and continue shopping. We aim to allow all shoppers the chance to buy their favorite items, and because there is only one of each item on The RealReal, we cannot allow items to be held indefinitely.