However, third parties may unlawfully intercept or access transmissions or private communications, and other users may abuse or misuse your personal information that they collect from the site. This Privacy Policy only addresses the use and disclosure of information we collect from you. (ages 18-24) leading the secondhand charge and adapting 2.5 times faster than any other age group Rebag reserves the right, in its sole discretion, to cancel or refuse promotions. Your Product must be received by Rebag within fifteen (15) days after you order the prepaid box or a pickup on the Rebag Website or drop your product off at one of our store locations (the "Delivery Period") or the offer shall automatically expire. Pack your items in your box, then print and sign the invoice provided to include inside the package. There is also no obligation to exchange, so if you love it keep it! This information is compiled and analyzed on both a personal and an aggregated basis. Items must have been purchased either in our stores, or on our website/app and shipped within the US. 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. By using the Rebag Services, you agree to indemnify Rebag from all claims or losses sustained by Rebag as a result of any breach of these representations and warranties. *Percentage of original purchase price includes discounts and promotions, but excludes shipping and taxes, bringing it back to Rebag within 6 months, Up to 3 months: get 75% of initial value paid (minus discount) in Rebag Credit, Up to 6 Months: get 70% of initial value paid (minus discount) in Rebag Credit, Up to 12 Months: get 60% of initial value paid (minus discount) in Rebag Credit, You are exchanging the exact same item in the same condition as when it was purchased from Rebag, You submit your item for exchange no later than 12 months after the purchase date, Your exchange will be in Rebag Credit only, You are using the same Rebag account as the original Rebag purchase, In worse condition than expected, broken, odorous, or damaged, Not intended for resale (press sample, outlet item, employee purchase, etc. 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. How do I sell using Clair? The best Rebag promo code available is SPRING20. 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"). For international payments, there is a payment processing fee of 4.99% + .49 USD. Another affront to algorithms is brand-new, seasonal styles. "If they don't like our offer, they're gonna shop it around. 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. 2698 out of 3452 found this helpful. Please allow 2-6 business days for the materials to arrive. 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. 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. 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. Designers are putting out new collections at a breakneck pace, while exacting tighter control over how their goods are merchandised and sold. As that number trends downward, the computer knows to automatically raise the price meaning the offer to sellers goes up, as does the listing price, which is typically around 30% higher. Purchases placed on Saturdays and Sundays will be processed the next Monday (barring a federal holiday). We will perform routine, regular sanitation throughout our stores. ALL DISPUTES MUST BE ADJUDICATED IN THE ENGLISH LANGUAGE. Fitness for Sale. If you accept the Cash Offer for your sell order, your payout will be deposited into your Rebag Wallet Seller Funds balance. Upon acceptance, you will need to provide additional information, such as shipping address and preferred payment method. Final Value Fees: Final value fees are charged only once an item sells. 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). These terms govern any offer that you receive to sell your Product to or through Rebag. 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. +93 20 22 34 790 info@aima.org.af. An increasingly common and sometimes controversial occurrence in luxury handbag resale is items being priced above what they would cost at retail. Humans can also consider the impact a new creative director has on brand value. You agree that we have no obligation to you if any of your unclaimed funds are turned over to governmental authorities. You are entitled to receive a copy of this information in a standardized format and the information will not be specific to you individually. These are the Gucci, Chanel Herms and Dior designs that will never go out of style. Entire Agreement/No Waiver. 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. If we are still able to purchase your item despite the incremental wear, we will provide a quote reflecting the current condition. If your order has not yet been paid, you may edit your payment details directly in your account. "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. There are pros and cons to each method. 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. Your continued use of any Rebag Website and/or Rebag Services after any such changes take effect constitutes your acceptance to such changes. Rebag's 2021 Clair Report shows some Louis Vuitton styles retain more than 100% of their retail value. ANY AMENDED TERMS WILL BE AUTOMATICALLY EFFECTIVE IMMEDIATELY AFTER THEY ARE POSTED. If your Membership is revoked or otherwise cancelled, any Rebag Rewards Points in your account will automatically expire. On an average budget, though, luxury bags might be out of the question. The bag whose flaws are internal, rather than external, has more value. All sellers' Payout Currency is the US dollar. The current national average for total commission is 5.37%. In 2019 the company launched Clair , the Kelley Blue Book of designer handbags. 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. Online through Clair, you can get an instant offer in minutes. Of course, there's more to a bag's resale value than its most obvious features. All our items are one of a kind and sell quickly. If we receive your handbags and they are not what was expected based on your submission, they may not pass our vetting process. You can browse the Services Website without telling Rebag who you are or revealing any personal information about yourself. when prompted. Carry any Rebag item for up to 12 months, and exchange it for credit worth 60-75% of its purchase price. Items sold in condition Outlet are for Final Sale only and are not subject to Rebags standard return policy or cancelation policy. 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. Eligibility is limited to individuals only. 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. We may also use "pixel tags," which are small graphic files that allow us to monitor the use of the Services. 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. Rebag does not, however, guarantee that any errors, inaccuracies, or omissions will be corrected. Seller closing costs include: Agent commission: The majority of your closing costs come from paying commission to real estate agents. 15.1 miles away from Rebag. 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. Offsite Ads. 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. The Product will be retained by Rebag and destroyed within one month. You can shop thousands of styles from 50+ brands of high quality, expensive hand bags which are authentic. 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. The Rebag app is available for download on Google Play and Apple store. How to Use Clair by Rebag: Get a Price Offer for Your Bags & Accessories Watch on It's as easy as 1-2-3. The sites displayed as search results or linked to by the Services are developed by people over whom Rebag exercises no control. Additionally, you can find some cool, vintage pieces that you wouldn't be able to find in a retail store today. Your Rebag Wallet Seller Funds account is not eligible for FDIC pass-through insurance. For ACH electronic transfers, payment takes 1 full business day to reflect in your account. This represents the minimum amount you will receive in Rebag Credit if you exchange this item within the given time period if you item qualifies for Rebag Infinity. You are eligible to redeem Rebag Rewards Points if you have a minimum of 1,000 Rebag Rewards Points in your Rebag Rewards account at the time of purchase or trade. To stop existing alerts, remove the item from your favorites list. Average total. This is on an annual net sales basis. Rebag collects two types of information: (1) information that you provide to us that lets us know who you are ("Personally Identifiable Information") and (2) information that does not by itself identify a specific individual ("Non-personally Identifiable Information"). How do they keep up with the constant influx of new items not to mention this wacky, turbulent industry? With the median home price in the U.S. at $217,000, that puts the closing costs range at $17,000-$22,000. Only one credit card may be used per purchase. Courtesy of Brand. SEE COACH (RE)LOVED. "With the Balenciaga City, it's probably still okay to be buying it now. You can keep it for as long as you want, its yours! 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. With the above in mind, we have taken a number of steps to make our website accessible. 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. . Any offer by Rebag for your Product is non-transferable and not redeemable for any other consideration other than what is offered by Rebag. 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). 85% of the portion of the selling price above $3,000 will be paid to you. 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. All amended terms automatically take effect 30 days after they are initially posted on the Services, unless that amendment states otherwise. This is an added function of Clair: It allows Rebag to collect data from more people, including those who may not end up buying or selling anything. (Though, new ones are going for much closer to retail.) The net transaction value is the amount traded, spent or sold for qualifying items after returns, discounts, and taxes have been deducted. Never miss the latest fashion industry news. -If you made less than $10,000 on Etsy in the past 365 days, you'll be charged a 15% fee on the order total. By clicking Sign up, you agree to receive marketing emails from Insider As part of the Perks of being a member, your Rebag Rewards Points may be redeemed at checkout for discount towards your transaction. In this Agreement, the term "you" or "your" means an individual or entity exercising rights under this Agreement, and the term "Rebag," "we" or "us" means Rebag and its affiliates and subsidiaries. Thanks to social media, trends emerge and flame out faster than ever. Processing may take up to 1 business day. If you bought these pieces from Gucci in 2016 and are thinking about selling them to The RealReal today, you'll be happy to know they held a fair amount of value: The sneakers are now selling . In that case items that were bought will be refunded and relisted for sale by Rebag. We ship internationally with UPS, or we will exceptionally ship with DHL or USPS depending on location. "We did our previous funding round in early 2020 when the world was a much different place," founder and CEO Charles Gorra told me. . about that very item's illogical resale price. Log into your account and check your Submissions to see if it has been sent to Rebag. Rebag is an independent company not affiliated with any designer brand. 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. 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. Someone may have owned their Louis Vuitton Speedy for years, even decades, without being precious about keeping it pristine. Best of all, you get to keep 100% of the quoted price once you send the bag in to be resold. 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. 1. Please note that Rebag will only issue payment to accounts that match the name of the person completing the order. Price also has to reflect an individual item's condition. Membership is non-transferable and Membership purchases must be made by the member. Of course, if Rebag rejects the Product or you do not accept any new offer for the Product (the "Return Circumstance"), your Product will be returned to you as set forth in the previous sections, against a $10 fee. 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. Jun 18, 2017. There are ten-day auctions with a price of 40 cents. In addition, Rebag will use your email address to contact you under the following circumstances: to respond to your support questions, to notify you of material changes to our policies or website, to request your participation in user surveys, and to deliver products, services and marketing communications that you request. Sell your items to us for upfront payment, unlike consignment, and shop our curated selection of products online or in store. When you use the Rebag Web Sites and the Rebag Services, we collect information about you. For instance, this data helps us determine how often users are satisfied with the first result of a query and how often they proceed to later results. Start selling to unlock Commission Incentives and maximize your payout. We use real-time advanced pricing algorithms for intelligent pricing that is derived from internal data and external market trends. 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. All of this contributes to the prices you see on resale sites, and the very different prices you might see just a few months later. "We call Hermes the unicorn, it projects over 80% of the resale value," Charles Gorra, the founder of Rebag . Promotions applicable to payments are applied as an increment to the final value of a customer's Product, but they are not considered a change in that final value. Not only do they retain their value, but they also go up in value every year. Rebag is a free service, so feel free to submit as many items as you'd like. Learn more. Not anymore. You acknowledge that this Agreement is in electronic form and has the same force and effect as an agreement in writing. 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. as well as other partner offers and accept our, Remi is a former reporter for Business Insider's affiliate commerce team, Insider Reviews. Rebag founder and CEO Charles Gorra shares the best styles to invest in right now. Our model gets smarter over time as more people share salaries on Glassdoor. Similarly, after a price is determined by Rebag's algorithm, "everything is reviewed and vetted by our team internally," says Layne. This may include particular accessories. Non-Binding Offers. 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. Outlet items may not be returned or refunded. 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. "Every season we're getting items in that we've never seen before, and they're not in the system," says Davis. All domestic packages are shipped with UPS and signature confirmation is required. From time to time, however, there may be typographical errors, technical inaccuracies, pricing or other errors or omissions. Over $10,000, the realreal takes 30%. Membership in the Program ("Membership") is limited to individuals only and is limited to one account per individual. You are responsible for maintaining the security of all passwords, codes, or other login credentials used to access your Rebag account and the related Payment Services and for any transactions made or actions taken using your Rebag account. As this phenomenon happens more and more, the algorithms get smarter and the prices shoot up faster, meaning you'd practically have to be clairvoyant to get in on the ground floor, so to speak. Title to the applicable Product passes to Rebag upon Rebags acceptance of the Product for the original offer or the new offer, as applicable.

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