The RealReal will pay cash for your handbags

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Per the email sent this morning, The RealReal is now offering cash for your handbags!

This move to BOR (Buy Outright) makes so much sense s they have been doing this with watches already and I’m super excited to see how this changes the landscape with Rebag and Fashionphile.

The RealReal is now paying cash upfront for your luxury handbags

The RealReal is now paying cash upfront for your luxury handbags

While 50% cash upfront is a tad low, the sheer market share they have in this industry is going to hit a few companies hard but until we actually get feedback from people selling, all things point to success. While I don’t believe they would do this with clothing because of the volume and time it would take, jewelry seems to be the next category they would include.

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