The inside is quite small and got crowded fast, and there are mirrors all over to give the appearance the store is larger. Unlike traditional brands and wholesale retailers, resale sites have the freedom to decide how much they want to offer sellers for their goods, and to adjust the prices of their inventory in real time even if that means some items are priced 200% above retail. Eligibility is limited to individuals only. Rebag is an independent company not affiliated with any designer brand. Pack your items in your box, then print and sign the invoice provided to include inside the package. This information is compiled and analyzed on both a personal and an aggregated basis. "If the machine is saying to price it at X dollars and you look and say, 'This bag looks brand new except for that mark on the inside, it's not that bad,' we give our experts the freedom to be able to say, 'I'm gonna bump the price a little bit.'". 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. If you interact with a social network plug-in (e.g. 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) Rebag Gift Cards are issued and can only be issued by Rebag. Typically very quick and friendly. Conversely, a brand could suddenly decide to actually meet demand and produce large quantities of a popular item, which would force the resale value back down. All of our store staff will be equipped with mandatory PPE. For In Store Purchases All stores are cash free. Say hello at rrosmarin@businessinsider.com. Rebag will inspect all Products that are received. You can also use multiple Rebag Credits in a single transaction. In my experience, Ann's Fabulous Finds is the best for good value quotes. You may add one additional form of payment to complete your purchase. That means if you had one in decent condition, you could actually sell it at a profit. There will be access to hand sanitizer for both customers and employees. We may, from time to time, send you email regarding our products and services and third party products and services that may be of interest to you. You agree that we may collect and use your information in accordance with the Rebag Privacy Policy as the same may be updated from time to time. If you shipped your item to us, it will be returned to the address on file with UPS and signature confirmation required. By purchasing and redeeming a Rebag Gift Card and using Rebag Credit on the Rebag website and app you agree to comply with these terms and conditions, and not to use a Rebag Gift Card in any manner that is misleading, deceptive, unfair, or otherwise harmful to Rebag or its customers. You can use several Rebag Credit codes in the same purchase. Any funds in your Rebag Wallet Seller Funds account represent unsecured claims against Rebag. One of those places is Rebag, a slightly newer platform that also focuses on designer accessories. All amended terms automatically take effect 30 days after they are initially posted on the Services, unless that amendment states otherwise. This $10 return assurance fee will be netted from any payment due by Rebag to the seller. For most categories, the fee is 12.55%. Our goal is to sell your items at the highest price the market will demand. A Paris Fashion Week attendee carrying a Balenciaga City Bag in October 2021. If you do not accept Rebags offer, the specific transaction expires. 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. Packing and shipping recommendations provided to you by Rebag should be followed in order to avoid possible damage to or loss of the Product in transit. In 2017 alone, Millennials contributed to an 85% surge in the sector. How do they get away with pricing certain items well above retail even when they're used? Delivery delays may occur due to external factors such as customs clearance. To redeem your Rebag Credit through the app or online, apply your code at checkout in the field marked Discount or Rebag Credit. Rebag determines, in its sole discretion, which Products are eligible for purchase by or through the Rebag Services and for which eligible Products Rebag will provide an offer. swiss immigration to america 1900s; first reformed protestant church jenison. I normally take jewelry there for a deep cleaning, they also inscribed my wedding band and did a wonderful job." You expressly authorize Rebags service provider, Dwolla, Inc. to originate credit transfers to your financial\institution account. They must not sell many items. All transactions will take place at the Rebag Bar where we have added a sneeze guard to protect the customer and the employee from close contact. Non-Binding Offers. When you stumble upon a bag you love, you'll a great deal of information on everything from the model to the condition it's in, so you won't be surprised by any unexpected scratches or wear and tear. 2698 out of 3452 found this helpful. Items that are not claimed will be forfeited. Rebag Credit is store credit for you to use on purchases on the app, online at Rebag.com, or in store at any Rebag store location. Once you have agreed to our offers and we received your items, we are unable to send them back to you. Rebag backs this up with a real offer to pay you the quoted amount then and there, if you decide to sell. You can use thredUP's . Condition Defined. 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. Starting with the fourth post each month, the seller pays a fee to list each vehicle. The Rebag app is available for download on Google Play and Apple store. Rebag may set and access Rebag cookies on your computer. Carry any Rebag item for up to 12 months, and exchange it for credit worth 60-75% of its purchase price. You can use several Rebag Credit codes in the same purchase. IN NO EVENT SHALL REBAG, ITS DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS OR CONTRACTORS BE LIABLE FOR ANY COMPENSATORY, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, LOSS OF DATA, INCOME OR PROFIT, LOSS OF OR DAMAGE TO PROPERTY, OR ANY CLAIMS OF YOU OR OTHER THIRD PARTIES WHATSOEVER WITH RESPECT TO YOUR TRANSACTIONS WITH REBAG UNDER THIS AGREEMENT. Within your Rebag Wallet, you will be able to hold a Seller Funds balance, Cash Out your Seller Funds balance by transferring it to your bank account or receiving the payment via check, and use the Seller Funds balance to purchase Rebag items online using mobile devices or in stores, among other benefits. 1) Find your bag - select you bag's brand and model from your list 2) Tell its history - Tell us some details about your bag 3) Reveal its value - Generate its current resale value in an instant If Rebag rejects the Product for any of these reasons, the original offer automatically expires and is rescinded. You must provide us with the email address of the registered account. Please read the following to learn more about our privacy policy, the types of personal information we gather and the steps we take to safeguard it when you use the Website, applications and services provided by us (the "Services"). Subscribe to our newsletter. Dwolla. We automatically receive and collect Non-personally Identifiable Information on our server logs from your browser, including your IP address, the Uniform Resource Locator ("URL") that you just came from, which URL you next go to, browser type, browser language, date and time of your query, Rebag cookie information, and the pages you request. This does not drive our decision as to whether or not a product is featured or recommended. "It's important our system is also paying attention to prices as they're going out of style," Davis says. An increasingly common and sometimes controversial occurrence in luxury handbag resale is items being priced above what they would cost at retail. 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. Our vetting process must be completed before payment can be issued. Please allow 2-6 business days for the materials to arrive. Online through Clair, you can get an instant offer in minutes. We highlight products and services you might find interesting. Membership is non-transferable and Membership purchases must be made by the member. Average total. However, unless expressly permitted by Rebag, Rebag Rewards Points are never redeemable for cash, for another product, for gift cards or for e-gift certificates and cannot be used as payment for any in-store paid services or our subscription programs. It made pricing transparency a central part of its offer when it launched Clair (Comprehensive Luxury Appraisal Index for Resale), a digital tool anyone can use to instantly check the current and historic resale value of a specific luxury handbag. Beyond that all orders are final. If you have questions, concerns or suggestions, please feel free to send an email to [emailprotected]. From time to time, however, there may be typographical errors, technical inaccuracies, pricing or other errors or omissions. Sign up for the Fashionista daily newsletter. Then, Rebag's Clair tool will reveal the price the company will pay to buy it. If you choose to provide us with personal information, you consent to the transfer and storage of that information by us. -The Offsite Ad fee will never exceed $100 for an order, regardless of the order total. You must have a U.S.-based bank account that uses an ACH (Automated Clearing House) for accepting disbursements from Rebag Wallet. Rebag reserves the right to cancel the Refer-a-Friend Program or to change these Terms & Conditions at any time in its sole discretion. We accept major credit and debit cards: Only one credit card may be used per purchase. Under the Program, all transactions will earn 1 Rebag Rewards point credited to their Rebag Rewards account for every U.S. dollar transacted (traded, sold, or bought). All Offers from Rebag to purchase submitted Products are non-binding and indicative only. Only one credit card may be used per purchase. You are responsible for obtaining at your own expense all equipment and services needed to access and use the Rebag Websites and the Rebag Services, including all devices, Internet browsers and Internet access. When redeemed, gift card amounts are added to the user's Rebag Credit balance as Rebag Credit that never expires and can only be used to purchase items on Rebag website and apps. In the event of a lost package, please contact Rebag Client Services by phone at 1-844-373-7723 or by email at [emailprotected] for assistance. However, when you transact with us (e.g., offer to sell a bag) or register to open an account with Rebag, we ask for information about yourself, such as your name, email address, and zip code, which we collect and use as disclosed in this Privacy Policy. In that case, it's up to human research: "The day the new Bottega [Veneta] pouch comes out in a new size or with a new feature, it's all new; your machine is now useless. As with other sites, you may be able delete any existing cookies placed on your computer by the social network via your browser. All payment details are saved in a secured payment system. Rebags product selection is a curated assortment of the most coveted luxury brands. After multiple years of operation, we have accumulated an extensive proprietary database that enables us to provide competitive offers. No waiver by Rebag of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. 2 years ago Updated Sales tax is charged for online purchases shipped to the following US states: ALABAMA ARIZONA ARKANSAS CALIFORNIA COLORADO CONNECTICUT DISTRICT OF COLUMBIA FLORIDA GEORGIA HAWAII ILLINOIS INDIANA KANSAS KENTUCKY LOUISIANA MARYLAND MASSACHUSETTS MICHIGAN MINNESOTA Shipping costs are as follows: Please note that customers are responsible upon delivery for any import duties, goods and services tax (GST), value added tax (VAT), customs fees, and any other tax on top of the Rebag purchase price. Upon your first visit to the Services, a cookie is sent to your computer that uniquely identifies your browser. The upside of . Every item undergoes an multilayered evaluation by authentication experts before it is Rebag-approved and listed for sale. Rebag Infinity. It also echoes the offline expansion of other digitally native resale and rental platforms like The RealReal and Rent the Runway. 5.37%. You must have participated in at least one trade, sale, or purchase (Transaction) and must have a lifetime transaction value of at least $500 in order to be eligible for membership. Additionally, you can find some cool, vintage pieces that you wouldn't be able to find in a retail store today. Thus, if you're selling a product that's, say, worth $200, that cuts your take by $40. Do not send items that are non-operative or with physical damage that inhibits use. At completion of the review process and once the items bought are being fulfilled by Rebag, ownership of the items traded in transfers to Rebag. Sales tax is charged for online purchases shipped to the following US states: Arizona California Colorado Connecticut Florida Georgia Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Michigan Missouri North Carolina New Jersey Nevada New York Ohio Oklahoma Pennsylvania South Carolina Texas Virginia Washington Wisconsin Sales tax is charged for in store purchases placed in any of our retail locations. Take photos of your items following our tutorial for the best results. Any return or refund of an Outlet - Final Sale' item purchased from Rebag website or mobile application is made at Rebag's absolute and sole discretion, subject to applicable laws. We also accept payment through PayPal, Affirm, and with Rebag Credit. If we have not received your order yet, please check the tracking number on the UPS website to see if there are any delays. If you don't have a Store, the maximum final value fee that you can be charged for any one item that you sell will be $750. 14.95% on total amount of the sale up to $7,500 calculated per item. Individual eBay Store Subscriber By accessing or using the Services, you agree to be bound by all of our terms and conditions. After we have confirmed your request via email, we will remove access to your personal information from our user database. You are responsible for reviewing this Agreement each time you use the Rebag Website. Here is an in-depth overview of the 3 major US-based luxury resellers that can make selling . Rebag has developed an app that makes it easy for customers to sell and buy pre-owned luxury bags. The social network directly transmits the content of the plugin to your browser. You will receive a guaranteed quote within 1-2 business days. If you do not agree to the changes, you may discontinue using the Rebag Websites and/or the Rebag Services. Rebag will use its discretion to determine the Product value, weighing factors that may include the Product's model, functionality and condition and whether necessary Product accessories have been provided by you. You agree that the final trade-in value of your item is subject to Rebags inspection of the item and that all final determinations are made at Rebag's sole discretion. All of our items are white-glove inspected and Rebag-approved, with new arrivals added every week. If you buy any Rebag bag and resell it within three months of purchase, you can get up to 80% of the purchase price back. The task can be daunting, especially for those new to recommerce. Best of all, you get to keep 100% of the quoted price once you send the bag in to be resold. Similarly, after a price is determined by Rebag's algorithm, "everything is reviewed and vetted by our team internally," says Layne. You will not have the opportunity to opt-out of receiving such notices. Payment is usually reflected in your account the next business day. Details of your current offers are available in the Clair summary of offers and your seller orders are available in the "Submission" section of "My Account" accompanied with detailed invoices for your records. . 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. *Based on the average home value of $357,810. Our store locations can be found here. If you're questioning the authenticity of the bags on the site, Rebag outlines the methods its team uses to spot a fake. WE PROVIDE THE REBAG SERVICES AND WEBSITE "AS IS", "WITH ALL FAULTS," AND "AS AVAILABLE", WITHOUT EXPRESS OR IMPLIED WARRANTIES OF ANY KIND. This code gives customers 20% off at Rebag. Excludes Starter Stores. Access your favorite topics in a personalized feed while you're on the go. Rebag shall not be responsible for communication errors should your contact information be inaccurate or incomplete. Without ACH, we can't electronically transmit your disbursements to your bank account. We respond to subpoenas, court orders, or legal process, or to establish or exercise our legal rights or defend against legal claims. Social media plug-ins of social networks such as Facebook, Twitter, LinkedIn, Yahoo, Windows and Google plus (among others) are integrated on Rebags website. If you select PayPal at checkout, after clicking "Review order" you will be redirected to PayPal to complete your purchase securely. Facebook; Twitter; LinkedIn; Was this article helpful? Once you submit information about yourself to us, you are not anonymous to us. The above definitions are broad guidelines. GET $15 OFF $150+ WHEN YOU SIGN UP FOR TEXTS. As for what's driving the demand,the style hasn't been discontinued, and Bella Hadid wasn't photographed showing one off on the streets of Soho causing a shopping frenzy; it just sells out a lot on the Louis Vuitton website and is likely popular because of its entry-level price point. The maximum Qualified Referrals earned per calendar year may be no more than 50 Qualified Referrals. 10. You can also go on the Sell Now page and select from PREVIOUS PURCHASES to find any item that qualifies from your list of previous Rebag purchases. Rebag only accepts fully authentic Products. Rebag founder and CEO Charles Gorra shares the best styles to invest in right now. When the brand itself is no longer producing that style, or has yet to reissue it, the resale market is a trend-hungry shopper's only resource, and it's not long before the algorithm notices the change in sale velocity and hikes up the price. Every few weeks the price is dropped until it hits 90% off. "We did our previous funding round in early 2020 when the world was a much different place," founder and CEO Charles Gorra told me. You may add one additional form of payment to complete your purchase. If both your driver and passenger-side airbags were deployed, the repair costs could easily exceed the value of your vehicle. You further represent and warrant that the Item(s) is (are) not counterfeit or stolen. Unless otherwise stated, promotions must be applied by you before checkout. You waive any right you may have to receive specific notice of such changes or modifications, and your continued access to Rebag Wallet following any such changes or modifications confirms your acceptance. Therefore, although we work very hard to protect your privacy, we do not promise, and you should not expect, that your personal information or private communications will always remain private. By clicking Sign up, you agree to receive marketing emails from Insider Start selling to unlock Commission Incentives and maximize your payout. Indemnity. 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. 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? Non-Transferable. The Product will be retained by Rebag and destroyed within one month. The item being exchanged must be the exact same item in the same condition as when it was purchased from Rebag, and it must be submitted for exchange no later than 12 months after the original purchase date. If you interact with us through a social media platform, plug-in etc. Otherwise, the changed offer will be re-issued, which you may accept or reject. Is it done by humans or robots? Jun 18, 2017. If you do not agree to these Terms of Use, you must cash out your Rebag Wallet Seller Funds balance. So when someone enters information like brand, style, size, color, material and condition, a price is automatically generated. 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. Any unclaimed referral rewards will be forfeited at that time. If we make any updates or changes to this Privacy Policy, all modifications will be posted to this Site, and will be effective immediately upon our posting and, where appropriate, notified to you by post or email. By using Rebag Website, you agree not to (i) access any of the Services by any means (including, without limitation, by use of scripts, web crawlers or similar methods) other than through the user interface provided by Rebag; and (ii) engage in any other activity that interferes with or disrupts the Services or performance of the Rebag Website. Additional details and FAQs for Rebag Infinity can be found here. how much does rebag charge to sell . Once we receive your package, we will email you confirmation of the items received. At any of our Rebag stores, the vetting and payment process will be completed in less than 60 minutes. That's a fair comparison when talking about a bag that's truly rare or special, but what about items that don't seem that remarkable? She brings up 2017's Louis Vuitton x Supreme collaboration. In addition, Rebag is available by email, phone, or chat if you would like to inquire about any updates or concerns. 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. Title to the applicable Product passes to Rebag upon Rebags acceptance of the Product for the original offer or the new offer, as applicable. How much do Rebag employees make? In addition, we will notify you about significant changes in the way we treat personal information by sending a notice to the primary email address specified in your Rebag account or by placing a prominent notice on our site. Find your forever favorite, or embark on a handbag honeymoon with the intention of bringing it back to Rebag within 6 months for store credit. About These Terms. To the fullest extent permitted by law, Rebag will not be liable for any damages of any kind arising out of or in connection with your participation or membership in the program, including damages arising out of changes to or termination of the program. Learn more. We also may allow certain analytic services and providers of applications used on the Services (e.g. Rebag Rewards Points themselves have no cash value. Rebag will also remind you of the outstanding new offer one or more times during the New Offer Period. We may transfer information about you if Rebag is acquired by or merged with another company. It has been used 4,149 times. Fashionphile's algorithmlooks at a bag's price evolution over time, the quantity listed on the site (or ready to be listed in that moment) and"velocity of sale," as in the number of days a style tends to last on the site before it's sold. Humans also make mistakes, just like computers. If we have acted with reasonable precautions and/or in accordance with our legal obligations, we are not liable for any unauthorized, incorrectly, unexecuted, or delayed payment transactions when such issues were caused by abnormal and unforeseeable circumstances beyond our control. Absolutely! 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. 28 reviews of Rebag "The newest (and smallest) Rebag location, located downstairs near Nordstrom.