DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. Disclosure.
Pros
- Easy selling process
- Make money online
- Sell items quickly
- Free shipping
Cons
- Can’t price your items yourself
- No guarantee of high earnings
Jump to: Full Review
Compare to Other Sites to Sell Stuff
Decluttr
Over 3 million products sold in 12 months with a year limited warranty
Sell smartphones, tablets, laptops books, watches, video games and Lego
Get a free instant item valuation, ship your item for free and get paid
Swappa
No fees for sellers – buyers pay no fees up $50 items. $5+ thereafter
Sell computers, home tech, cameras, phones, watches, laptops and tablets
Sell your item directly to buyer and get paid the next day via PayPal
How Does The RealReal Work?
The RealReal was founded in 2011 by Julia Wainwright in San Francisco, California. The RealReal is an online marketplace for authenticated luxury consignments.
With The RealReal, you can sell your designer clothing or accessory items to make money online. When you sign up for an account with The RealReal, you then either schedule a pickup, drop off your item, or ship it to them and let their experts sell your item.
Once the item has been sold, you can choose how you would like to get your payment.
How Much Can You Earn With The RealReal?
You can earn up to 85% of the selling price for your items. The more you sell and the more expensive your items are, the higher your earnings. For all items under $195, you will earn 30-50% of the selling price.
Let’s review the different commission rates:
| Category | Resale List Price | Percent You Earn |
|---|---|---|
| Watches | $2,495+ $995-$2,495 |
85% 70% |
| Handbags | $4,995+ $995-$4,994 |
80% 70% |
| Jewelry | Branded $995+ Unbranded $196+ |
75% 65% |
| Art | $196+ | 70% |
| Home | $995+ $196 – $994 $146 – $195 |
70% 50% 45% |
| All items under $195 | $146 – $195 $96 – $145 $1 – $95 |
50% 40% 30% |
The RealReal Reviews: Is The RealReal Legit?
The RealReal has a 3.7-star rating on Google Play Store, a 4.6-star rating on Apple App Store, and a 4.0-star rating on Trustpilot.
Customers have praised The RealReal for having quick shipping, offering high-quality items, and selling items quickly & easily.
Customers have complained about the app being challenging to navigate, images being too small to see, and not being able to receive refunds from customer support.
Who Is The RealReal Best for?
The RealReal is best for those who have lightly used luxury clothing items and accessories they no longer want and are looking to sell online.
What Can You Sell With The RealReal?
With The RealReal, you can sell:
- Fine jewelry
- Clothing
- Jewelry
- Watches
- Home decor
The RealReal Benefits: What Does The RealReal Offer?
Sell Items Easily
The RealReal takes care of selling your used items for you so that you don’t have to worry about the selling process. You don’t have to post your item for sale as The RealReal will do it for you.
Sell Items Fast
With The RealReal, items are usually sold within 30 days. Your items will usually sell quickly and seamlessly on the platform.
Earn More
With The RealReal, you can earn up to 85% of the sale price, which is 3x more than other resellers. Depending on the item you are selling, you can earn a generous commission off of your sale.
The RealReal Fees: How Much Does It Cost to Use The RealReal?
| Membership | Price |
|---|---|
| General Member | Free |
| First Look Member | $10 per month |
| Platinum Member | $30 per month |
The RealReal Requirements
To sell with The RealReal, you need to create an account, select your shipping option, and fill out details about your item. Once you ship your item out, The RealReal will take care of the selling process for you.
The RealReal Payout Terms and Options
Once your item has been sold, you will receive your payment through direct deposit with your selected bank. If you want to get paid quicker, you can use the Get Paid Now option, where you can sell your items and get paid upfront without waiting for the items to sell.
What Are The RealReal Pros & Cons?
The RealReal Pros
- Easy selling process
- Make money online
- Sell items quickly
- Free shipping
The RealReal Cons
- You can’t price your items yourself
- No guarantee of high earnings
How Good Is The RealReal Support?
The RealReal has a very extensive and detailed FAQ page that answers the most commonly asked questions and a page filled with additional questions.
If you still have questions, you can contact The RealReal by using their online chat feature.
The RealReal Review Verdict: Is The RealReal Worth It?
The RealReal is a great app to use if you have luxury fashion, jewelry, or home decor items you no longer use.
Shipping is free with the app, and The RealReal takes care of the entire selling process for you. Depending on its value and condition, you can earn up to 85% of your item’s sale price.
How to Sign Up With The RealReal?
To sign up for The Real Real, simply:
- Create an account by filling out your name, email, and password
- Choose whether you will ship or drop off your items
- Select the brand and product you will be selling
- Confirm your address
- Ship or drop off your item
Sites Like The RealReal
| Comparison | The RealReal | Decluttr | Swappa | eBay |
|---|---|---|---|---|
| Pricing | 15%-50% of sale | No fees | No fees | 10% of sale |
| Shipping | Free | Free | Free | Pay shipping |
| Best for | Luxury items | Used electronics | Gently used tech | Used items |
The RealReal vs. Decluttr
Decluttr Summary
- Next-day payment upon delivery of goods
- Get the best prices for your used tech
- 2 different payment options available
- Get extra cash if you are a student
The RealReal and Decluttr both allow you to sell your used items to make additional money online. With The RealReal, you can sell luxury fashion and jewelry items, while with Decluttr, you can sell your old phone or tech devices. Decluttr and The RealReal both offer free shipping for the items being sold.
The RealReal vs. Swappa
Swappa Summary
- No fees to list and sell your products
- Optional featured listing for just $5
- 2 days to ship the item after getting paid
- Instant payments via PayPal
Both The RealReal and Swappa allow you to sell your clothing or used electronics and receive payment for them online. Swappa is an online marketplace where you can sell your device and set the price yourself, while with The RealReal, the company will set the price for and sell your item.
The RealReal vs. eBay
eBay Summary
- High user traffic – over 187 million users
- No listing fees for small scale sellers
- Promote your listing from as little as 1%
- Quick processing time for payouts
The RealReal and eBay are both platforms where you can sell your used items online. eBay is an online marketplace where you create your own listing, set your price, and sell your items to potential buyers. The RealReal sells your item for you by pricing and selling it online. Sites like eBay allow you to sell various items while with The RealReal, you can sell your luxury clothing, jewelry, or home decor.
Other Sites Like The RealReal
The RealReal FAQ
What Is The RealReal?
Today, The RealReal has over 27 million shoppers, has sold over 24 million items, and has paid over 2.5 billion in commission.
The RealReal’s mission is to extend the life of luxury goods and enable more people to own and appreciate them while allowing their original owners to maximize the value of their investments.
The RealReal has 19 retail locations and has been redefining luxury resale for over ten years.
What percentage does The RealReal take?
The site has a variable commission schedule, which can get costly for some items. However, it’s never more than 50%.
How long does it take for things to sell on The RealReal?
Once The RealReal receives your items, they will be authenticated, photographed, priced ad included in your profile. This process usually takes between 10-15 days.
Does The RealReal accept clothes?
Although The RealReal accepts clothing with alterations, they do not accept clothing with excessive alterations. The RealReal only accepts swimwear with tags attached or with no signs of wear.
Does The RealReal pay you right away?
You can receive payment by direct deposit, site credit (+5%), or check after your item sells. Commission payments are issued on the 15th of each month, following the month in which items were sold.
Does The RealReal only accept authentic items?
Yes, The RealReal has a rigorous authentication process in the marketplace and authenticates every item they sell.
Source link
#RealReal #Review