Hi everyone - I have a really stupid question, but when they email you a quote with the "consignment payout" amount - is this the expected price they think they will retail the bag for or is this the amount they expect to give you after selling and deducting their commission?

I did already email them to clarify, but I still don't understand their answer...Sorry if this is a really silly question

Also, has anyone had an experience where they chose to sell their bags on consignment but it didn't sell for a long time?

Thanks in advance

Originally Posted by princess suki

Hi everyone - I have a really stupid question, but when they email you a quote with the "consignment payout" amount - is this the expected price they think they will retail the bag for or is this the amount they expect to give you after selling and deducting their commission? I did already email them to clarify, but I still don't understand their answer...Sorry if this is a really silly question Also, has anyone had an experience where they chose to sell their bags on consignment but it didn't sell for a long time? Thanks in advance

Consignment payout means they pay you after your item sells. Direct purchase means they pay you when they receive your item - and they pay you less than they would for a consignment purchase. For me I choose consigment when I knew the item was a desirable Chanel that would sell quickly. For another item I went with direct payout since I thought it would take longer.

I used to love Yoggi's but wow they just gave me a ridiculously low quote on two items and refused a third because it wasn't a designer they usually have - but it is a VERY popular brand name?! Both of the new in box items got low quotes even though one is hard to find and routinely sells for OVER retail on Ebay. I'm going to try Ann's and Fashionphile to see what sort of quotes I get. I'm usually lazy and only use Yoggi's but the quotes were THAT bad!

Originally Posted by Addictista

I am new to The Purse Forum and am thinking of selling several of my old LV's. However, after reading all the negative/cautionary advice on eBay selling, it seems like selling on eBay is potentially more trouble than it's worth for a casual seller like me. Has anyone used yoogiscloset.com? What about one of those places that sells your stuff on eBay for a commission?

I've sold Louis's on ebay without any problems. Last week, I posted my EUC Babylone and got the "Buy it Now" price of $529.99 within 2 days. I've found it's best to have caroldiva.com authenticate your bag, and have your potential customers go to her for verification. I've got a brand new Mini Looping that I have never worn that's been sitting in my closet for 4 years. I'm going to post her, but I do not know when this bag was retired and the last retail price. Anyone know?

I just sold a lot of the bags that I do not use anymore or that I purchased and never used. I contacted yoogi's and bbos. Yoogi's gave me the better offers than bbos but I still felt like I could make more money on ebay--and I did. I sold each item for about 15-20% more than the price I was quoted on both sites. So there's definitely potential to make more on ebay--BUT you can very easily be scammed on ebay. A lot of sellers will say that you shouldn't sell what you can't afford to lose. All a buyer has to do is claim that your bag is not authentic and it doesn't matter what papers you have to prove it. You could have a receipt and it wouldn't matter--once a claim is open for this type of thing it almost always ends in the buyer's favor and sometimes the buyer isn't even required to send the item back. Make sure you read up on these kinds of things before selling there. That said, having your bag authenticated is a good idea because honest buyers will be more likely to purchase from you--just don't expect it to protect you in the event of a case. Good luck!

Originally Posted by hotpinkrocks

I just sold a lot of the bags that I do not use anymore or that I purchased and never used. I contacted yoogi's and bbos. Yoogi's gave me the better offers than bbos but I still felt like I could make more money on ebay--and I did. I sold each item for about 15-20% more than the price I was quoted on both sites. So there's definitely potential to make more on ebay--BUT you can very easily be scammed on ebay. A lot of sellers will say that you shouldn't sell what you can't afford to lose. All a buyer has to do is claim that your bag is not authentic and it doesn't matter what papers you have to prove it. You could have a receipt and it wouldn't matter--once a claim is open for this type of thing it almost always ends in the buyer's favor and sometimes the buyer isn't even required to send the item back. Make sure you read up on these kinds of things before selling there. That said, having your bag authenticated is a good idea because honest buyers will be more likely to purchase from you--just don't expect it to protect you in the event of a case. Good luck!

I agree!
Re: yoogis quotes - I think yoogis is notorious for low quotes. But I would still sell to them just to avoid the risk of having an "ebay nightmare".

Originally Posted by Zuhrah

I agree! Re: yoogis quotes - I think yoogis is notorious for low quotes. But I would still sell to them just to avoid the risk of having an "ebay nightmare".

I don't blame you--I took a huge risk when selling my purses. I was just lucky because I have heard horror stories just like this one:

http://www.ripoffreport.com/credit-c...le-w-44dfb.htm

Anyone thinking about selling a high ticket item on ebay should read that ebay horror story. The funny thing is that around the same time I sold my purses, I also sold a tank from Anthropologie that I never wore for for $17 and the person who received it opened up a case because she did not believe it was from Anthropologie! I even had a catalog picture! It was annoying but I was just so happy it happened with an Anthro tank as opposed to the purses which could've had me out a lot of money or having someone keep the authentic purse I sold them and return a fake to me. Ebay's so risky!

this is a wondeful thread! i'm looking to unload a few bags. i plan to email them to see how much i'm offered. i'm so scared of all the ebay horror stories =(

I just bought a balenciaga from them - 51% off of regular price and in great shape. Excited to get it! And glad this thread is here for re-verification

I've sold many items to Yoogi's Closet, and they are spot on with the description and very fair on pricing. They don't jack up prices of the handbags, AND they have a good selection, unlike BBOS who has a terrible selection of random junk bags at ridiculous high prices. I consigned a few Chanel bags with Yoogis and they sold within 2 days. If you're looking for more money then I would suggest going the consignment route. Here is my experience with two similar companies... Fashionphile offers consignment only for a lot of items, so you can't get your money right away. BBOS will make offers for your items only to send it right back to you without an explanation. This happened to me twice with BBOS! Overall, I've had the best experience at Yoogis and their customer service truly is impeccable. Good luck with selling your bags!!

I'm sure it's been asked before and I know Yoogi's is known for their great customer service, but how long after your item sells does it take them to contact you? I checked the listing for a bag I sent them yesterday and it said Recently Sold. Just waiting to hear from them.

i contacted Yoogis for a quote on my chanel accordion flap that i purchased last january and they offered me $900 to buy outright and $1120 to consign! retail price of the bag is $2900! Needless to say i went another route. Last year i sold them my 2007 Balenciaga city for $645 and my Chloe Edith for $360 so to me it was worth using them. They were so easy to deal with!

Has anybody else sent something recently to Yoogis? I sent something and was supposed to receive payment on Thursday. Nothing came and when I emailed them about it, they apologized and said that things were slow and that I'd definitely be paid Friday. Friday comes and goes..and still nothing. I called them and nobody picked up the phone. Anybody know what's going on? I've only had great experiences with them so far, this is a little concerning to me!

I used them a couple of months back and they were fast. No delay.

I brought a bag from Yoogi's closet this morning but just found that it was already listed and sold on their website in total 3 times under different item numbers. The item number are GCI30107H rrp $740 (my order), GC120323A rrp $740 & GC120213A rrp $655 are identical, all having the same Date/Authenticity Code: 265697-213317.

http://www.yoogiscloset.com/gucci-be...oston-bag.html

http://www.yoogiscloset.com/gucci-be...bag-19908.html

http://www.yoogiscloset.com/gucci-be...bag-13546.html

I have purchase multiple bags from them over the years and am disappointed and would also like to refund those if it's proven fake at a retail store in Australia. I have emailed them and am awaiting a reply.

Regards

Van