The company is not profitable, nor is profitability in sight, and competitors offer more compelling investment opportunities.
Also, Is the real real legit?
The RealReal is the world’s largest online marketplace for authenticated, consigned luxury goods. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items.
What is the real real first look?
For $10 per month, First Look members get 24-hour advance access to sales and special invitations to monthly promotions via email notifications. To sign up, click here. You will be billed immediately for your first month of First Look membership.
Keeping this in consideration How did the real real start?
The RealReal was founded in 2011 by Julie Wainwright, an e-commerce entrepreneur. By July 2018, the company had raised $288 million in venture capital funding. In 2017, The RealReal opened its first permanent retail store in New York City. It also opened pop-ups in San Francisco and Las Vegas.
Does the real real pay upfront?
Our sell upfront program allows you to sell select watches, fine jewelry, handbags and sneakers, and get paid upfront, without waiting for your items to sell. You can choose payment in cash or site credit (+10%), which you will receive within two weeks.
Can you sell replicas?
Selling brand name “replica” products is unlawful throughout the United States. Informing the consumer that your product is a “replica” does NOT protect you from infringement liability and, in fact, it is an ADMISSION that you’re selling counterfeit product. If you want to handbags then create your own.
Is the real real free?
Membership options. TRR has three memberships — one free and two paid — that award higher-paying members with upgrades and a head start on deals.
Is the real real app free?
There is no minimum purchase required, and you will be billed every month, $10 for First Look membership and $30 for Platinum level.
DOES THE REAL REAL accept returns?
What is your return policy? Returns must be requested within 14 days of in-store purchase or original shipment date of online orders. All items must be received by The RealReal within 21 days of in-store purchase or original shipment date.
How do I contact the real real?
1-877-373-6374 (U.S.)
Does the real real clean?
Our authentication center teams steam clean fine jewelry and watches, steam ready-to-wear items, and wipe down accessories and handbags. We have also increased janitorial staffing throughout all of our facilities.
How often does the real real discount?
About our The Real Real coupons
We’ll help you save with 2 coupon codes. Our latest promo code was found on May 8, 2021. In the last 360 days we have discovered 12 new deals for The Real Real. We discover a new The Real Real discount code every 30 days on average.
Is it illegal to sell replicas as replicas?
Counterfeiting is the act of making or selling lookalike goods or services bearing fake trademarks. … The sale of counterfeit goods (as described below) is illegal, as you’re probably aware.
Is it illegal to sell designer replicas?
In the United States, selling fake bags is illegal under the federal trademark law, also known as the Lanham Act. Counterfeiting handbags also violates the Stop Counterfeiting in Manufactured Goods Act, which Congress passed in 2006.
Is it legal to buy replicas?
Legal Implications – It is illegal to purchase counterfeit goods. Bringing them into the United States may result in civil or criminal penalties. Purchasing counterfeit goods supports criminal activities such as money laundering and trafficking in illegal guns and drugs.
How do I cancel my real real account?
Follow the steps to delete the realreal account on your phone.
- Open the application and go to the navigation bar.
- Click on ‘Settings and Privacy. ‘
- Tap on ‘Settings’ and then scroll down to click on ‘Delete. ‘
- Re-type your password if you are sure of your choice.
Where can I sell my luxury items?
The sites below provide legitimate outlets for you to sell your gently-worn and used luxury items.
- Bag Borrow or Steal.
- Couture.
- LePrix.
- Poshmark.
- Real Deal Collection.
- The RealReal.
- Rebag.
- Tradesy.
Where can I sell my luxury items?
The most popular luxury resale sites
- Fashionphile.
- Luxury Garage Sale.
- Rebag.
- Vestiaire Collective.
- Collector Square.
- Bob’s Watches.
- StockX.
- The RealReal.
Does the real Real have stores?
Revolutionizing Resale
Now, The RealReal is a company with millions of shoppers and consignors. We have 17 retail locations (including 13 shoppable stores) across the country where customers can sell, meet with our experts and receive free valuations.
What does on hold mean on the real real?
We allow you to hold items in your cart for 20 minutes so you can consider your purchase and continue shopping. We aim to allow all shoppers the chance to buy their favorite items, and because there is only one of each item on The RealReal, we cannot allow items to be held indefinitely.
Does real real charge sales tax?
The RealReal has a fiduciary responsibility and is obligated by law to collect sales tax on orders shipped to U.S. jurisdictions that charge sales tax.
Who is the CEO of the real real?
“[…] Founder and CEO Julie Wainwright started The RealReal in 2011 because she believed luxury buyers would jump at an easy — and discreet — way to unload last season’s looks, and more mainstream shoppers would be eager to pick them up at a discount.”
Who owns real real?
Julie Wainwright. Julie L. Wainwright is an e-commerce entrepreneur. She is the founder and CEO of The RealReal, an online marketplace for authenticated luxury consignment.
Can you negotiate with real real?
While we cannot accept bids, you can add the item to your Obsessions page and we will send you an email when this item is marked down.
Is the real real new items?
The RealReal is an online luxury consignment store that used to differentiate itself by saying everything is 100% real. The CEO has said there are “no fakes on our site” and “every single item [is] authenticated.”
