**Selling/consigning** with Fashionphile

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#706
squidgee said:
FP bought my flap for ~$1300, I did a direct buy. If I wanted to consign I would have received $200-300 more but I didn't want to bother. The bag was a vintage 90's m/l. The price of a brand-new m/l then was maybe $4700? (I forget the exact price in 2013-2014.) I think they turned around and sold my flap for ~$2,800.

I believe the "we'll buy the bag back for 70% of what you bought it" applies only to stuff you have bought from them and want to sell back, plus only if it's in the same condition, and only for 90 days. After 90 days you won't get the same buyout amount.
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Oh wow this sounds very low. I wonder what they would give for the new bag.
 
#707
Kt00381n said:
Oh wow this sounds very low. I wonder what they would give for the new bag.
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I don't think it was too low considering vintage flaps (before the year 2000) are sold for about $2,500 on average and barely break $3000 even with being in excellent condition and including all the accessories. If your bag is made after the year 2000 I think you may have a better chance of getting a higher offer.

We also have to remember sites like FP are resellers and they have to make their own profit so they're going to buy it below market rate from us owners. If we really want to maximize profits, direct selling is best, but that takes extra work and risk.

Anyhoo I hope you do get a good price for your bags if you decide to sell! :D
 
#708
Cararoberts12 said:
For refrence I just wanted to share my recent experience selling to Fashionphile.

I sent pictures in on Saturday Nov. 21st for a quote and they got back to me with a great one within 2 hours so I was pretty excited. I accepted and printed out the quote and the fedex lable that afternoon but ended up sending it priority 2 day mail instead because It would take a week to get to California from where I live.

On Wednesday the 25th I got the email that my bag had been recieved and it would take 36-48 hours to process. But since it was the day before Thanksgiving I knew it wouldn't really be "recieved" until Monday.

I waited until yesterday (Dec. 3) to hear something from them and when i didn't I sent an email. They responded the same evening saying my item would be reviewd and payment made within 48 hours.

I got an email around noon today saying that my item was checked in and reviewed and I could log in to my Fashionphile account to see my balance. It was only $25 less than the original quote so I'm good with that.

However, the funds continue to sit in my store account even though I chose to have payment made through PayPal and I have called and emailed asking that they tranfer the money.

Overall it's been a pretty good experience. Now that I know how it works and how long it actually takes I can say that I would use them again to sell bags.
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Hi! I'm having the same issue as you did. They said my bag has been checked in but the money is sitting in my fashionphile account.. I emailed them to transfer it to my paypal account like I originally requested. I also tried calling them but it's going to voicemail. How long did it take them to transfer your money? I don't understand why they don't pay attention to where the customer wanted their money transferred..
 
#710
nashpoo said:
Hi! I'm having the same issue as you did. They said my bag has been checked in but the money is sitting in my fashionphile account.. I emailed them to transfer it to my paypal account like I originally requested. I also tried calling them but it's going to voicemail. How long did it take them to transfer your money? I don't understand why they don't pay attention to where the customer wanted their money transferred..
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I had to call to have them transfer the funds to PayPal. Once I spoke to somebody it still took 2 days. I guess they only do those transfers on certain days. Once it was in my PayPal account it was placed on the 21 day hold. I called PayPal with the tracking number to show the bag had been recieved and they released the funds immediately after.
I think they leave it in the store account for a few days to entice you to spend it there lol.
 
#711
I quoted on that website and they gave decent price for my bag. But I am not sure if this is a reliable website. Just wondering if anyone has used this website to sell designer bags? if I choose direct deposit, how long it will take to issue the payment?
 
#712
Hi! They are legit I have sold to them and bought from them in the past what they do is they will offer you the option once they receive the item they will ask you if you want the money in either credit to buy something from them or in in money. if you wanted in MONEY it it gets deposited to PayPal is the way I've always had it done they are reputable company and have been featured in Forbes Magazine as well as CNN as well.
 
#714
i use them a lot to buy/sell. they are completely legit. i use the direct pay route and it varies - not sure what their payout schedule is. sometimes i am paid the next day after an item sells and sometimes it can be about 5 days later. i *think* they must do weekly payouts, so if your item sells Monday you might get paid Friday (via paypal/dd). i once opted for a check and that came quite fast too. they are fast.. you're not waiting weeks, but days. if you;re doing a buyout they first have to inspect the item (like 3-4 days after they get it) and then the payment can take about another 4-5 days.
 
#717
Does anyone know why when I sell to them, they take weeks to list my items, but others I know will send after me, and it will be listed and sold within a day or two? I try calling their help department and emailing but they have such an attitude. They've had so much business from me and I wish I could speak to a higher up. I've even had items go missing for over a week after they checked them in. It's so frustrating and unprofessional.
 
#718
I had the same experience. It depends if they are receiving lots of items. They told me jewelry takes a long time and if they can not authenticate an item they need appraisers to do it for them. If you have authentication cards and labels that is easier for them.
 
#719
Hi Everyone. I know this is the selling to Fashionphile thread, but has anyone experienced buying from them and not receiving what they said would come with the bag??? I bought a Chanel 226 Reissue in lamb skin and was supposed to get the authenticity card, dust bag, and box. They didn't send me ANY of that. They sent the bag in a Fasionphile dust bag. Is that normal???
 
#720
Belgian22 said:
Hi Everyone. I know this is the selling to Fashionphile thread, but has anyone experienced buying from them and not receiving what they said would come with the bag??? I bought a Chanel 226 Reissue in lamb skin and was supposed to get the authenticity card, dust bag, and box. They didn't send me ANY of that. They sent the bag in a Fasionphile dust bag. Is that normal???
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That is not cool. Did you contact them to ask for it?
 
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