For ACH electronic transfers, we will need your banking account number and electronic routing number. Each time you submit a Product for sale to Rebag, you reaffirm your acceptance of this Agreement as in effect at the time of such use. Rebag's 2021 Clair Report shows new Bottega Veneta styles retaining much of their retail value. It also echoes the offline expansion of other digitally native resale and rental platforms like The RealReal and Rent the Runway. There are pros and cons to each method. The prices presented by Rebag's Clair tool or Fashionphile's Luxury Pricing Index (a similar pricing tool that just isn't public-facing) are based on data culled from its years in business, as well as the overall market, which these companies use to build and improve their proprietary algorithms. Please do not submit inauthentic handbags as we will not buy them. Otherwise, the changed offer will be re-issued, which you may accept or reject. The upside of . We may amend this Privacy Policy at any time by posting the amended terms on this site. The Product will be retained by Rebag and destroyed within one month. Promotional programs have explicitly defined terms, including but not limited to, expiration, usage per person and per transaction, and other limitations and restrictions. Rebag's selling process is fully transparent. The Products and the sale and shipment of such items to Rebag: (a) must comply with all applicable laws, statutes, ordinances, including without limitation all import and export laws, (b) may not infringe on third party intellectual property rights (including copyrights, trademarks, patents, trade secrets or other proprietary rights), and (c) shall not be counterfeit, stolen, or fraudulent. You agree that all information you provide about the Item for trade-in, as well as information you have or will provide about yourself, is true, accurate, and complete. You get 70% of the sale price for handbags priced over $3,000. What factors go into setting and adjusting these prices? All sellers' Payout Currency is the US dollar. But trends change fast, so we encourage you to use Rebag Infinity so you (and your closet) can have nonstop newness. If it does, the typical agent commission is 6% of the price of your home (which is typically . Rebag reserves the right to revoke the original offer and provide a revised offer for the Product if: (a) the Product and/or materials are not as described,(b) the Product is received by Rebag after the Delivery Period, and/or (c) Rebag receives Product(s) that are different from those identified when your offer was calculated. We primarily will use Personally Identifiable Information for the following purposes: (a) to provide the Services to you; (b) to customize the advertising and content you see; (c) fulfill any transactions, including, your requests for products and services ; (d) improve our services and offerings to you; (e) conduct research ; (f) provide you with support; (g) provide you with updates and notices about the Services, our Privacy Policy and terms and conditions; (h) contact you under certain circumstances; (i) provide you with offers from us, our affiliates and from third parties that may be of interest to you, (j) provide anonymous reporting for internal and external clients, and (k) to customize the audience targeting of our advertising. We may diverge from this procedure as needed for compliance or operational reasons. That's where things get complicated. Please refer to our Terms of Service. Cancellation Policy. Membership is non-transferable and Membership purchases must be made by the member. You are responsible for any damages that may occur to your Product while in transit. Just enter your code into the Discount or Rebag Credit bar and click on Apply to apply the credit to your order. If they're luxury items, expect a 90% payout instead. Access. The vetting and payment process will be completed in less than 60 minutes. After we receive your items , our vetting process takes 2-3 business days. 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. "We call Hermes the unicorn, it projects over 80% of the resale value," Charles Gorra, the founder of Rebag . For in store submissions, receive both your offer and payment in less than 60 minutes. Every item is thoroughly vetted for condition, and Rebag-approved for authenticity by our team of in-house experts. There will be access to hand sanitizer for both customers and employees. (b) Change the offer. You must agree to abide by the following terms in order to use the Rebag Services and/or the Rebag Websites. Every few weeks the price is dropped until it hits 90% off. Once the shipping label is attached, youre ready to ship. Please note: U.S. trade sanctions administered by the Office of Foreign Assets Control (OFAC) generally prohibit the importation into the United States (including U.S. territories), either directly or indirectly, of most goods, technology, or services (except information and informational materials) from, or which originated from Cuba, Iran, Iraq, Libya, North Korea, Serbia, or Sudan; from foreign persons designated by the Secretary of State as having promoted the proliferation of weapons of mass destruction; named Foreign Terrorist Organizations; designated terrorists and narcotics traffickers. Rebag reserves the right to modify this Agreement at any time. 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. We reserve the right, without notice to you, to void Rebag Gift Cards without a refund, suspend or terminate customer accounts, cancel or limit orders if we suspect that a Rebag Gift Card is obtained, redeemed or used fraudulently, unlawfully, or otherwise in violation of these terms and conditions. If your consignments are. She shares this to illustrate the fact that there's no limit to how high above retail a secondhand item might go for if that's what the market is dictating even if it seems absurd. Please note checks do not have tracking numbers. Cancelation requests by customers can only be made within one hour of the order being placed. We can only honor returns through the following return process: Rebag cannot accept international returns. International shipping will take approximately 6-9 business days to arrive once shipped. As with other sites, you may be able delete any existing cookies placed on your computer by the social network via your browser. "We look at the market holistically primary and secondary market but we have so much of our own data now because people sell to us, try to get quotes from us, as opposed to a consignment or peer-to-peer model," saysRebag CMO Elizabeth Layne. You are entitled to receive a copy of this information in a standardized format and the information will not be specific to you individually. Rebag sells and buys authentic second-hand bags from the most sought-after designer handbag brands (Credit: Rblfmr / Shutterstock) . In that case items that were bought will be refunded and relisted for sale by Rebag. Any incentive payout is not insured by the Federal Deposit Insurance Corporation (FDIC). 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"). --. You will also be able to see your balance directly in your Rebag account under Payment and Rebag Credit. You can apply your Rebag Credit code at checkout. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Rebag is independent from any brand affiliation. Members can reactivate their status by participating in a transaction. Better options The sites displayed as search results or linked to by the Services are developed by people over whom Rebag exercises no control. 5% for any portion of Sales Proceeds greater than $5,000. You will have the opportunity to opt out of any further mailings at any time; provided, however, that we reserve the right to send you certain communications relating to the Services, such as (a) communications related to fulfilling a transaction, (b) service announcements, (c) notices regarding Rebags legal terms and this Privacy Policy; and (d) administrative messages, which are considered part of your Rebag account. Resale value is also impacted by the availability and price of items on the primary market, over which luxury brands like to have tight control. Simply fill out the form below or call us at 888.737.4132. Access your favorite topics in a personalized feed while you're on the go. This Privacy Policy only addresses the use and disclosure of information we collect from you. As an Advocate, you are responsible for any and all tax liability resulting from Referral Rewards. Our designated email address for such requests is [emailprotected]. You will not have the opportunity to opt-out of receiving such notices. We may offer bonus points events from time to time and in that circumstance the bonus points offer would apply. Rebag authentication is an integral part of our vetting process. Rebag reserves the right to close the account(s) of any Referrer and/or Referred Customer and to request proper payment if the Referrer and/or Referred Customer attempts to use the Rebag Refer-a-Friend program in a questionable manner or breaches any of these Terms & Conditions or is in violation of any law, statute or governmental regulation. Rebag will inspect all Products that are received. Once purchased, a Rebag Gift Card cannot be canceled. Dwolla. Shipping costs are as follows: Please note that purchases placed after 4pm ET are considered as made the next business day. No Hermes Birkins/Kelly on display - you probably have to ask, they seemed to be kept in the back. 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 On the sold product listing, click on Set Back in Stock Alert ,. We believe it is necessary to share information in order to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of any person, violations of Rebag's terms of use, or as otherwise required by law. If Rebag rejects the Product for any of these reasons, the original offer automatically expires and is rescinded. IF YOUR PRODUCT IS DEEMED UNAUTHENTIC, AND AS PER THE REQUIREMENTS OF THE LAWS OF THE UNITED STATES, WE CANNOT AND WILL NOT ACCOMMODATE ANY RETURN, EVEN AGAINST A FEE. According to Davis, Fashionphile's technology can register a flaw, but not necessarily its permanence (like whether or not it could just wipe off) or how much a typical shopper would be bothered by it. 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. In that case items that were bought will be refunded and relisted for sale by Rebag. Rebag shall not be responsible for communication errors should your contact information be inaccurate or incomplete. If you have Rebag Credit, enter your code into the Rebag Credit field at checkout, and the amount will be deducted from your total. This $10 return assurance fee will be netted from any payment due by Rebag to the seller. Selling with us is easy. Title to the applicable Product passes to Rebag upon Rebags acceptance of the Product for the original offer or the new offer, as applicable. To stop existing alerts, remove the item from your favorites list. If you dropped off your item at a Rebag store, it will be held for a limited period of time. I normally take jewelry there for a deep cleaning, they also inscribed my wedding band and did a wonderful job." We operate independently from our advertising sales team. Upon your first visit to the Services, a cookie is sent to your computer that uniquely identifies your browser. If your Membership is revoked or otherwise cancelled, any Rebag Rewards Points in your account will automatically expire. Rebag may, in its sole discretion, allow Rebag Rewards Points to be redeemed for other benefits or items of merchandise from time to time. Providing information is purely optional on your part; however, not all features and services (such as, responding to your inquiries) would be available to you if you elect not to provide information. You can expect to pay upwards of $2,000 for each airbag that needs to be repaired. Another affront to algorithms is brand-new, seasonal styles. You authorize Rebag to provide you with terms and important notices about Rebag and your transactions to an email address you provide to us. 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. These other sites may place their own cookies on your computer, collect data or solicit personal information. Rebag is intended for general audiences. I have sold over 100 bags over the past 7-8 years (I was refining and upgrading my collection) and do it myself on eBay, Tradesy, Vestiaire Collection and Poshmark. Thanks to social media, trends emerge and flame out faster than ever. These companies may collect and use Non-Personally Identifiable Information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to the Services and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. Of course you are more than welcome to sell it back to Rebag at any point in time. You can review your current offers by logging into your Rebag account and going to View My Offers. How do they keep up with the constant influx of new items not to mention this wacky, turbulent industry? This does not drive our decision as to whether or not a product is featured or recommended. There are also now image recognition tools that can pretty accurately determine a bag's style and condition. Bring your item to one of our stores, and we will provide an offer, complete our vetting process, and issue payment in under an hour. Trade in your items for Rebag Credit worth 15% more, plus benefit from tax-free shopping. Condition definitions are subject to change at Rebag's discretion. On an average budget, though, luxury bags might be out of the question. Rebag's 2021 Clair Report shows some Louis Vuitton styles retain more than 100% of their retail value. Items that are not claimed will be forfeited. Any offer by Rebag for your Product is non-transferable and not redeemable for any other consideration other than what is offered by Rebag. Rebag is responsible for risk-of-loss when it opens the packaging containing your Product and ceases in the event Rebag returns your product to you for any reason. What designers does Rebag accept? The best Rebag promo code available is SPRING20. The maximum Qualified Referrals earned per calendar year may be no more than 50 Qualified Referrals. If you really want a luxury bag though, you can save a lot of money by choosing to purchase one second-hand on the site. Over $10,000, the realreal takes 30%. To avoid revisions, please make sure the information provided is accurate and that youve accounted for any and all signs of wear. "We believe in a combination of human intelligence and artificial intelligence," she says, estimating that 70% of Fashionphile's pricing decisions are based on algorithms and machine learning, and the other 30% on human expertise and research. If we have not received your order yet, please check the tracking number on the UPS website to see if there are any delays. Every item undergoes a multilayered evaluation by authentication experts before we proceed with payment. Any unclaimed referral rewards will be forfeited at that time. You agree that this Privacy Policy is part of our Terms of Use and Terms of Sales Agreement. You may have only one (1) Rebag account that is personal to you. "It's supply and demand," says Layne. Updated; January 27, 2023 01:16; We use this information to understand and improve the quality of Rebag's search technology. We will send a confirmation email as soon as we receive and identify your order.