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The four items I dropped off at TheRealReal, three of which they accepted. |
As I mentioned in early June, after letting certain more pricey unwanted items in my closet (which I knew that neither my sister nor any of my close friends would like) collect dust for years, I finally decided to try reselling them in the only sufficiently low-effort way that would suit me: I took them to one of TheRealReal's brick and mortar shops here in NYC and dropped them off for consignment in the last week of May. Now that all the items they accepted from me - three of the four things I brought in - have been sold, I am writing about my experience reselling with TheRealReal.
Overall, I was very satisfied with my TheRealReal consignment experience. My only real goal was to resell these items after having spent as little of my time or effort as possible to accomplish that goal. I didn't have a specific price in mind for anything I sent in. The most important thing to me was that each of the items would find a buyer, and if I only got paid a nominal amount, that was fine by me. Hopefully, the buyers of each of my things will get far more use out of them than I did. Like I did with one of my items, these buyers may even someday send the items back to TheRealReal for another round of resale when they're done with them.
Some of my items were extremely old - I purchased two of them, the Rebecca Minkoff Morning After Bag and the Ferragamo Varas, nearly a decade ago - and I didn't think there was much of a market for anything I gave to TheRealReal. I had no interest in continually listing or re-listing the items myself on places like eBay or Poshmark until I found a buyer. (I was actually shocked that my items sold out so fast, within a month or two of being posted for sale!) Plus, I find the chore of shipping things out far more annoying and tedious than most people would, so that was something I preferred to avoid, which left me with basically no other practical option besides dropping off these items for consignment in person.
In terms of whether my experience is a representative one, keep in mind that the items I sent in are probably some of the most modestly priced ones in TheRealReal's entire product catalog. Just from my limited experience, I could see that they take longer to scrutinize and process some categories of items than others. And as you'll see, the pricing of your items by TheRealReal will affect the commission rate. Among other bloggers I read, Elaine (part one, part two) and Kathy have also posted in some detail about their experiences selling with TheRealReal. Both of them seem to have more experience than I do with sending in items from a wider range of categories, so their posts might be more helpful than mine, if you're thinking of consigning something.
Please follow the link below to read a step-by-step account of my TheRealReal reselling experience!