**Selling/consigning** with Fashionphile
- Thread starter Vegas Long Legs
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I've sold to both Yoogis and couture USA.....wonderful experiences with both places..
They have to make a profit. Their offers (this is for all consignment stores) are never going to be what you expect. Usually you get 50%-60% off current retail depending on the condition. If it's more used, they take more off. You'll always get more if you consign instead of doing a direct buyout.
If you want top dollar you have to sell to your buyers directly: Ebay, Bonanza, poshmark and etc. The reason people take those big cuts is because you don't have to deal with the buyer and it could be worth taking a $400 loss not to deal with a scammer that might get to keep your bag for free (claim it's fake) or use it and then request a return. The new paypal policy is that buyers have 6 months after the purchase to file a SNAD claim,
that's a long time to worry about whether or not your item might have been used and then returned. If you can find a serious buyer, craigslist is a great option because you get cash and you're done. But if you aren't in a big city the item could take forever to sell and most inquires are from flakes.With the new paypal policy I don't sell anything over $200 online. I either do craigslist or I'll keep my item through a few price increases in hopes that I get a higher offer from a consignment store. HTH
Yes, super disappointing. Their pictures have been misleading lately and there prices are sometimes more than brand new at a LV Boutique or LV.com. That's just crazy so be careful with them. Yoogies will hopefully offer you more money.
They have to make a profit. Their offers (this is for all consignment stores) are never going to be what you expect. Usually you get 50%-60% off current retail depending on the condition. If it's more used, they take more off. You'll always get more if you consign instead of doing a direct buyout.
If you want top dollar you have to sell to your buyers directly: Ebay, Bonanza, poshmark and etc. The reason people take those big cuts is because you don't have to deal with the buyer and it could be worth taking a $400 loss not to deal with a scammer that might get to keep your bag for free (claim it's fake) or use it and then request a return. The new paypal policy is that buyers have 6 months after the purchase to file a SNAD claim,
With the new paypal policy I don't sell anything over $200 online. I either do craigslist or I'll keep my item through a few price increases in hopes that I get a higher offer from a consignment store. HTH
SO helpful! Thank you!!!
I've never sold on Craigslist cuz I'm scared of the crazies. Do you exchange in person?They have to make a profit. Their offers (this is for all consignment stores) are never going to be what you expect. Usually you get 50%-60% off current retail depending on the condition. If it's more used, they take more off. You'll always get more if you consign instead of doing a direct buyout.
If you want top dollar you have to sell to your buyers directly: Ebay, Bonanza, poshmark and etc. The reason people take those big cuts is because you don't have to deal with the buyer and it could be worth taking a $400 loss not to deal with a scammer that might get to keep your bag for free (claim it's fake) or use it and then request a return. The new paypal policy is that buyers have 6 months after the purchase to file a SNAD claim,
With the new paypal policy I don't sell anything over $200 online. I either do craigslist or I'll keep my item through a few price increases in hopes that I get a higher offer from a consignment store. HTH
I sold to fashionphile and was pleased with the experience. I sent in quotes to fp and yoogies and fp was several hundreds more than yoogies. Like someone said I didn't expect to get close to retail and was willing to get less than what I would have if I sold myself for the peace of mind of not dealing with a scammer. My items were both hardly used/ like new condition. So i think you need to just do your research, see how much items are generally going for at multiple consignment shops, and then determine if the loss is worth it to you in order to avoid eBay or other self selling options. GL!
Yes. But I ALWAYS have them meet somewhere VERY public, usually inside a local mall where there are oodles of people around. And always insist on cash in full (and count it!) before handing the item over. I would also request no large bills too, as those can be counterfeit. Small bills can too, but most counterfeiters do large bills and then use them to make small purchases to break them for real $$.
From my experience, FP will usually give you more than Yoogis. And yes the offers were quite low. For an example, I sent pics for my brand alma PM pomme. FP offered me $1300 while Yoogis offered $1100. I later sold it on Tradesy for $2000, pocketing about $1800 after fees, which was more reasonable.
I think if you send them your used items, you might feel better about the quote. It is maybe 10-15% under market price (ebay) but the stress factor of selling on eBay is not worth it in my opinion.
Also you can negotiate with FP. I sent in a bag was I thought was worth more than their quote. I responded to their quote email with reasons why I felt like this item is worth more and I gave them a number I had in mind (only a couple hundred dollars more). They responded with another quote email and honored my asking price. It never hurts to ask.
