Rebag Credit does not expire and can be used in combination with other promotions and across multiple purchases. You'll send a variety of clear pictures of your bag, and Rebag will let you know if it wishes to purchase it. "We did our previous funding round in early 2020 when the world was a much different place," founder and CEO Charles Gorra told me. Brands are not responsible for any product purchased from the website, and brands do not guarantee the authenticity of goods sold. All items are unique, and we hold only one of each listing, so we recommend that you purchase them while they are available. We also accept payment through PayPal, Affirm, and Rebag Credit. 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. We limit access to personal information about you to our employees and agents who we believe reasonably need to come into contact with that information to provide products or services to you or in order to do their jobs. "We call Hermes the unicorn, it projects over 80% of the resale value," Charles Gorra, the founder of Rebag . Once we receive your package, we will email you confirmation of the items received. Keep in mind, you may be charged more than the $7.27 fee because the fee limit is based on the execution of your order, which can occur with . At the end of the day, the bags you'll find on Rebag are by no means cheap they're still very expensive. You'll need to send in some photos and details on the condition of the piece, and if Rebag deems it worthy of resale, you'll be given a quote. Rebag may, in its sole discretion, allow Rebag Rewards Points to be redeemed for other benefits or items of merchandise from time to time. All you have to do is take pictures of the bag from all angles, uploading them to the site and making note of any spots, scratches, stains etc. People love luxury handbags, but for many, the price is a huge obstacle. The maximum Qualified Referrals earned per calendar year may be no more than 50 Qualified Referrals. We will cover eBay store fees in a bit. Rebag Credit awarded to an Advocate will be deposited directly in the Advocate's Rebag account. If you've got designer handbags to sell, try your luck with Rebag. That's a piece of data that's gonna help us next time." The vetting and payment process will be completed in less than 60 minutes. If you do not pay the $10 return fee, the Product will remain the property of Rebag. 2. For more information about each such third party, please refer to the third party's privacy policy. When you complete your purchase, you will receive an email confirming that we received it and it is processing. If returned online, you will be charged $20 for each return shipping label being used, Upon receipt of the return, you will receive a refund to your original payment method, regardless of reason, within 10 business days, both for instore and online returns. The stakes are particularly high for sites like Fashionphile and Rebag that pay. 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. 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. How do they keep up with the constant influx of new items not to mention this wacky, turbulent industry? Fashionphile and Yoogi's aren't much better. Rebag won't just accept any bag from a luxury brand, either. Achieving a status tier requires a minimum lifetime transaction value and all membership tiers enjoy a variety of benefits made available by Rebag in its sole discretion from time to time (Perks). Rebag ("The Company") offers services (the "Rebag Services") through which you can sell certain luxury items (the "Products") after receiving an "offer" from Rebag by identifying your Product or completing check-out on the Rebag Website. This is on an annual net sales basis. If you reject the new offer, Rebag will return the Product to you, against a $10 fee, at the address from which it was originally sent. 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. All unredeemed Rebag Rewards Points will expire when a program member has not engaged in a transaction associated with that membership account for 12 months or more.In addition, Rebag Rewards Points will automatically expire if your Membership is revoked or otherwise cancelled. Seller closing costs include: Agent commission: The majority of your closing costs come from paying commission to real estate agents. Rebags product selection is a curated assortment of the most coveted luxury brands. If you find a product you like but is already sold, you can set up an email notification to alert you when it is back in stock. Rebag contact info: Phone number: (844) 373-7723 Website: www.rebag.com What does Rebag do? SEE NEW BAGS SEE TABBY. Rebag's 2021 Clair Report shows new Bottega Veneta styles retaining much of their retail value. If you accept our offer, youll receive upfront payment within 2-3 business days after your bag passes our in-person vetting process. The Exchange for value is calculated at checkout as 75%, 70% or 60% of the Purchase Price for each item depending on the Infinity Period you are in. (Insert metaphor about life here. 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. $19,214*. 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. Rebag has developed an app that makes it easy for customers to sell and buy pre-owned luxury bags. We may transfer information about you if Rebag is acquired by or merged with another company. Please do not submit inauthentic handbags as we will not buy them. Rebag Infinity only applies if the item was purchased on www.rebag.com, on the Rebag mobile app or in a Rebag store location. That said, scarcity is not always in the brand's control: Covid-19, for instance, has caused unprecedented supply chain issues that have contributed to that as well. Cancelation requests by customers can only be made within one hour of the order being placed. "Every season we're getting items in that we've never seen before, and they're not in the system," says Davis. Terms and conditions modifying the Agreement are effective immediately upon posting. 2.65%. Rebag founder and CEO Charles Gorra shares the best styles to invest in right now. The Product will be retained by Rebag and destroyed within one month. Use of Services. These trusted partners may use your personal information to provide services to you on our behalf, evaluate the effectiveness of the services, and to help Rebag communicate with you about offers from Rebag and our marketing partners. 85% of the portion of the selling price above $3,000 will be paid to you. You can easily do that by going to your account and finding your purchase or by going to Sell Now and then clicking Previous Purchases. To avoid revisions, please make sure the information provided is accurate and that youve accounted for any and all signs of wear. 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. We are unable to make changes to a purchase once it has been placed. Molly H. said "They are a lovely neighborhood jeweler. Outlet Items - Final Sale. These terms, the terms that govern your use of Rebags website ("Rebag Website"), the Rebag Services and any and all applications included therein, the terms of Rebags privacy disclosures and any supplemental terms or policies that accompany a specific transaction, feature or application collectively make up an agreement between you and Rebag (the "Agreement"). If you interact with a social network plug-in (e.g. If you purchase an item and it is proven to be inauthentic by a verified authenticator, Rebag will honor a full refund upon return of the bag. If you do not agree with the revised offer, we will send your item back to you at no cost. Authentication. Once you have agreed to our offers and we received your items, we are unable to send them back to you. Limited Liability. "With the Balenciaga City, it's probably still okay to be buying it now. In the event that your Rebag account is terminated, all accrued seller funds, site credit and rewards in your account are void. As the resale market is constantly fluctuating, our offers expire after two weeks. 2. Applicable Law and Venue. WE PROVIDE THE REBAG SERVICES AND WEBSITE "AS IS", "WITH ALL FAULTS," AND "AS AVAILABLE", WITHOUT EXPRESS OR IMPLIED WARRANTIES OF ANY KIND. Once the shipping label is attached, youre ready to ship. If you are a California resident, in addition to the rights set forth above, you have the right to request information from us regarding the manner in which we share certain categories of your personal information with third parties, for the third parties' direct marketing purposes. What it means. Rebag does not collect or maintain information from those that Rebag knows are under 13, and no part of the Rebag Services are targeted to attract anyone under 13. Accessibility Policy. From time to time, we may, in our sole discretion, run promotional programs or offer incentives pertaining to Rebag Wallet. We offer used, pre-owned & authentic luxury items from Louis Vuitton, for sale now. Rebag will also remind you of the outstanding new offer one or more times during the New Offer Period. 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. WE DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, ACCURACY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND THE IMPLIED CONDITIONS OF SATISFACTORY QUALITY. You are responsible for any damages that may occur to your Product while in transit. FCC rules, etc.) 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. We will perform routine, regular sanitation throughout our stores. All payment details are saved in a secured payment system. For you to earn a reward as an Advocate, the Referred Customer must complete a purchase order greater than $500 in total value, minus all fees including taxes, discounts, shipping, returns, chargebacks, fraudulent payments, and/or other 3 rd party fees. "But for us, that's not a total loss, because we learned something. The Rebag Rewards Program ("Program") is a free rewards program offered by Trendly, Inc. ("Rebag") to its customers. For in store submissions, receive both your offer and payment in less than 60 minutes. It will be treated as a resale and there is no guarantee that we can purchase it and no certainty on the price but well give you our best offer. Every item undergoes a multilayered evaluation by authentication experts before we proceed with payment. Starting with the fourth post each month, the seller pays a fee to list each vehicle. Once the shipping label is attached, youre ready to ship. That does not include the cost of labor in most cases. We may also collect additional information about you when you engage in certain activities on the Services, such as: (a) provide transactional information when you sell, ship, or purchase an item ; (b) when you sign up for special offers; (c) when you visit the Services Website or the pages of certain Rebag partners ; (d) when you interact with offers and advertisements; (e) when you contact us for help or customer support; (f) when you log into the Services with your account; (g) when you complete a survey; (h) when you post content or provide us with feedback; or (i) when you enter promotions or sweepstakes. Is it safe to sell to Rebag? Rebag Credit is a gift card that can be used towards any purchase on our website, www.rebag.com, mobile app or in person at one of our store locations. Rebag offers customers the option of buying back previously purchased Rebag items for Rebag Credit valued at at least 75%, 70% or 60% of the original purchase price if exchanged within 3, 6 or 12 months, respectively, from the original purchase date. The upside of . ALL DISPUTES MUST BE ADJUDICATED IN THE ENGLISH LANGUAGE. If we are able to offer more than, we will. We ship internationally with UPS, or we will exceptionally ship with DHL or USPS depending on location. Rebag reserves the right, at its sole discretion and at any point in time, to cancel any Offer. Visit us on Wednesdays and shop our New Arrivals before theyre gone. The Best Rebag promo code is 'SPRING20'. What designers does Rebag accept? As a seller, I prefer eBay (lower fees than fashion sites) or if you have Facebook, Facebook Marketplace is great for local buy/sell (no fees you just have to meet up). If after rejecting the offer you change your mind and want to accept the offer, you will need to open another transaction with us at which point, assuming the Product is still eligible for purchase, the new offer may be different as Product prices are subject to change. Advertisers or other companies do not have access to Rebag's cookies. Without notice to you, Rebag also reserves the right to convert seller funds that have been inactive for two (2) consecutive years to Rebag Credit. If you have not received your chosen method of payment by the end of the timeframe given, please contact Rebag Client Services by phone at 1-844-373-7723 or email [emailprotected]. Rebag also has an app, which you can download on your smartphone to speed up the buying or selling process or to just browse the beautifully curated selection whenever. We consider a variety of factors including, but not limited to: brand, condition, size, material, demand, seasonality, and current inventory. For your assurance, please request a receipt as proof to confirm that the package was dropped off and scanned at UPS. When they are being exchanged they need to follow the usual Rebag Guidelines. A Paris Fashion Week attendee carrying a Balenciaga City Bag in October 2021. Rebag Gift Card purchased on Rebag cannot be purchased using existing Rebag Credit, cannot be purchased at a discount, and cannot be paid with payment methods other than approved Credit Cards and PayPal. The net transaction value is the amount traded, spent or sold for qualifying items after returns, discounts, and taxes have been deducted. Rebag reserves the right to cancel any order at any time, before or after payment is processed, for security, fraud review or any other reason. 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. All shipments and pick-ups facilitated by Rebag are tracked and insured. If they're luxury items, expect a 90% payout instead. But with great power comes great responsibility. You can use thredUP's . Louis Vuitton's infamous monogram key pouch. Average total. Uncategorized. Facebook; Twitter; LinkedIn; Was this article helpful? Discover over 30,000 Rebag-verified pieces, all of which have undergone an in-person, multi-touch review process . Sellers may elect to use this incentive on a Rebag purchase or transfer the balance along with their initial Seller Funds payouts. Most browsers are initially set up to accept cookies. This fee is rounded up to the nearest penny, which will be no greater than $7.27 per trade. These terms govern any offer that you receive to sell your Product to or through Rebag. 3. eBay. After that, some items go to I:CO, a leading global solutions provider for the collection, sorting, reuse and recycling of unwanted clothing, shoes, and textile-related accessories . You can shop the site by collection, price, brand, color, and more. Some states do not allow the exclusion or limitation of liability of consequential or incidental damages, so the above exclusions may not apply to all users; in such states liability is limited to the fullest extent permitted by law. After multiple years of operation, we have accumulated an extensive proprietary database that enables us to provide competitive offers. Today, perhaps, as resale has gone mainstream, the story is about price and value. In particular they need to be located in the US at the time of the exchange. as well as other partner offers and accept our, Remi is a former reporter for Business Insider's affiliate commerce team, Insider Reviews. Risk-Of-Loss. Rebag is not responsible for packages that do not appear as scanned, Shipment fees (if any) from Rebag to the customer will not be refunded. NOW WATCH: This giant clip makes it easy to carry heavy bags, Millennials contributed to an 85% surge in the sector, Learn more about how our team of experts tests and reviews products at Insider here. You further represent and warrant that the Item(s) is (are) not counterfeit or stolen. Your Seller Funds and associated benefits, including but not limited to Premium Payouts incentives and spending bonus incentive, are personal to you and may not be sold, transferred, assigned, or shared with, in whole or in part, with family, friends or any other persons, or used by you, your agents, employees, directors, officers, or assignees, for any commercial purpose. Anthony Laurence Jewelers. If you have any questions, concerns, or suggestions regarding the above Agreement, please feel free to email [emailprotected]. The inside is quite small and got crowded fast, and there are mirrors all over to give the appearance the store is larger. Modification. 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) Access. Membership in the Program ("Membership") is limited to individuals only and is limited to one account per individual. FF Logo Stamp Flap Bag Zucca Coated Canvas and Leather Medium. Rebag Infinity. The various tiers of membership in the Program are explained on Rebag.com. If there is a Return Circumstance, title shall not pass and shall remain with you. 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. Shipping costs are as follows: Please note that purchases placed after 4pm ET are considered as made the next business day. In addition, Rebag is available by email, phone, or chat if you would like to inquire about any updates or concerns. We may amend this Privacy Policy at any time by posting the amended terms on this site. As an Advocate, you are responsible for any and all tax liability resulting from Referral Rewards. If you dropped off your item at a Rebag store, it will be held for a limited period of time. For customers, we will follow local regulations in regards to masks and other protective measures. So, start collecting your infinite closet now with Rebag, and refresh it when you need to. BY SETTING UP AN ACCOUNT, OR BY USING REBAG'S WEBSITE, YOU SIGNIFY THAT YOU AGREE TO THE FOLLOWING TERMS AND CONDITIONS, WHICH MAY BE AMENDED AT ANY TIME BY POSTING THE AMENDED TERMS ON THE REBAG WEBSITE. Fitness for Sale. 14.95% on total amount of the sale up to $7,500 calculated per item. 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). If you are on a tight budget, you can start with less than $500 and work your way upwards. Any funds in your Rebag Wallet Seller Funds account represent unsecured claims against Rebag. Yet, for many, the appeal of luxury handbags is undeniable. By continuing, . At any of our Rebag stores, the vetting and payment process will be completed in less than 60 minutes. Rebag's 2021 Clair Report shows how brands like Louis Vuitton, Chanel and Bottega Veneta are retaining more of their retail value now, as compared to previous years. Average Median Price: $2,212 Rebag: $1,500 - $2,500 Fashionphile: $1,345 - $4,735 The Real Real: $1,495 - $3,000 Yoogi's Closet: $1,125 - $1,995 Chanel Square Mini ($3,200) Average Median Price: $2,820 Rebag: $3,300 - $4,115 Fashionphile: $2,065 - $3,595 The Real Real: $1,395 - $3,000 Yoogi's Closet: $2,395 - $2,695 Chanel Rectangular Mini ($3,500) But when availability or access is limited, it happens frequently. 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. Product Inspection; Offer Recalculation. Offsite Ads. If you do not accept Rebags offer, the specific transaction expires. Social media plug-ins of social networks such as Facebook, Twitter, LinkedIn, Yahoo, Windows and Google plus (among others) are integrated on Rebags website. You are here: Home. However, these companies do not have any independent right to share this information. Rebag accepts all major credit and debit cards. You must have a U.S.-based bank account that uses an ACH (Automated Clearing House) for accepting disbursements from Rebag Wallet. SEE OUR NEW DISNEY X COACH COLLECTION: REWATCH THE LIVESTREAM SEE THE COLLECTION. 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? 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. Rebag and its affiliates ("Rebag", "we" or "us") offer the Services. All of our items are white-glove inspected and Rebag-approved, with new arrivals added every week. Email us at reviews@businessinsider.com. Rebag authentication is an integral part of our vetting process. Simply download the Rebag App from App Store / Google Play. In order to receive payments for any Products we purchase from you, you must provide us with information including a valid email address at which you are able to receive email, a valid postal address at which you are able to receive mail, and your first and last name. The bag whose flaws are internal, rather than external, has more value. Read on for closer look at how these decisions are made, imbued with some tips for the handbag investors among you. Rebag buys its product based on a list of accepted designer brands. The captions are used only as a matter of convenience and are not to be considered a part of this agreement or be used in determining the intent of the parties to it. If you item is not eligible for an instant offer, you can upload images online and an offer will be provided in 1-2 business days (Monday to Friday, holidays excluded) after your submission is received. Requirements. Sign up for our newsletter to get honest reviews on top products & services delivered weekly to your inbox. All offers will be based on Rebag's own determination of the Product value in reliance on the accuracy of the information you supply us. I asked Rebag's Layne how savvy one would have to be to get their hands on something before that upswing. Similarly, after a price is determined by Rebag's algorithm, "everything is reviewed and vetted by our team internally," says Layne. Rebag Gift Cards are issued and can only be issued by Rebag. If returns are your goal, you also want to sell at the right time trends don't last forever. 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. Perks may vary by tier and some tiers may have more Perks than others. If you are uncertain about your Products condition, please seek guidance by contacting Rebags customer care. Rebag may withhold any payout earnings due to you (including any due for sold items of Property not subject to the dispute) in full or partial satisfaction of any amounts you owe to Rebag. Because email and instant messaging are not recognized as secure communications, we request that you not send private information to us by email or instant messaging services. In 2017 alone, Millennials contributed to an 85% surge in the sector. As part of the Perks of being a member, your Rebag Rewards Points may be redeemed at checkout for discount towards your transaction. Unless otherwise stated, promotions must be applied by you before checkout. growing cohort of enterprising millennial and Gen-Z luxury buyers and sellers, treating handbags as financial investments, following trends we've seen in the sneaker market, raising prices annually or even biannually, limiting clients to purchasing only one or two, 2017's Louis Vuitton x Supreme collaboration. If you do not accept or decline the updated offer and do not pay the trade-in adjustment fee within 5 business days, Rebag will have the right to decide in its sole discretion whether to consider the offer accepted and finalize the transaction or may cancel the full Clair Trade order. Terms and Conditions for Rebag Trade program offered on Rebag rebag.com website, Rebag iOS application, Rebag Android application and Rebag retail stores. If we are still able to purchase your item despite the incremental wear, we will provide a quote reflecting the current condition. Any brands not featured on this list are not accepted and are therefore unable to be purchased. Outlet - Final Sale items are not eligible for Rebag Infinity buyback. You acknowledge and agree that the trade-in transaction is final and cannot be cancelled by you unless the quoted value has been revised and declined by you. Once purchased, a Rebag Gift Card cannot be canceled. You are entitled to receive a copy of this information in a standardized format and the information will not be specific to you individually. In order to serve offers and advertisements that may be interest to our users, we may display targeted advertisements on the Services based on Personally Identifiable Information provided by our users, including zip code and profile. 15.1 miles away from Rebag. rebagg is horrible. As a Refer-a-Friend member (an "Advocate"), you are subject to Rebag's Terms of Use and Rebags Privacy Policy, as well as the following additional Terms & Conditions for Rebags Refer-a-Friend program: A Qualified Referral is defined as a purchase made at www.rebag.com by a person (a "Referred Customer") who arrives to our website by clicking your Refer-a-Friend program link. 28 reviews of Rebag "The newest (and smallest) Rebag location, located downstairs near Nordstrom. Please follow these steps: Rebag opens a world of curated, top-quality luxury handbags and accessories. CLICK TO SHOP . Fashionphile uses the descriptors "Good," "Very Good," "Excellent" and "New" to label its products, and those are limiting "Very Good" could refer to a Prada Tessuto with subtle, but visible external signs of wear, or one that's pristine externally but has a big sharpie stain on the inside. 2698 out of 3452 found this helpful. . All amended terms automatically take effect 30 days after they are initially posted on the Services, unless that amendment states otherwise. Rebag reserves the right at any time to temporarily or permanently remove accounts. Condition definitions are subject to change at Rebag's discretion. Selling with us is easy. Courtesy of Brand. If both your driver and passenger-side airbags were deployed, the repair costs could easily exceed the value of your vehicle.