Closet 101 Style

Reader Question: Selling Designer Items

Today I will be answering a reader question that I’ve received quite a few times, about selling used (or new) designer items. I’m sure we’ve all regretted a purchase before (if you haven’t, then you are a style genius or perhaps a hoarder). And I’m sure we’ve all given away, or thrown away, unwanted items. When the item in question is designer however, and cost quite a bit more than others in your closet, you might have the same question as Amanda, below.

Amanda: Where do you sell your designer items? I have thought of eBay but am afraid of being scammed. Can you recommend a few places where I could sell some older Louis Vuitton and Dior?

Below, I will share my own personal experience with five different routes of getting rid of designer goods.

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1. eBay. This is probably the most obvious route.

Pros:  Mainly – money and control. Many times you will get more for your items. My own personal experience has reflected this – I’ve received quotes from consignment shops before, then sold by myself on eBay and in the end pocketed more.

Cons?: Fraud. Horror stories abound of buyers claiming items are fake and then swapping them, or claiming that items were never received, and it goes on and on. It can be an incredibly aggravating experience for even a small sale…can you imagine if a Birkin were on the line?

There are definitely steps one can take to mitigate their risk when selling, but I’ve made the decision that that the potential stress isn’t worth it and thus no longer sell on eBay.

2. Yoogi’s ClosetYoogi’s would be suggestion for anyone who is looking for a quick payout, and doesn’t need to have the absolute highest price (though Yoogi’s sometimes offers that. I’ve used Yoogi’s in the past for both higher ticket and smaller designer items, and using both the direct sell (pay out right away), or consignment options (pay after the item sells).

Pros: The easiest system by far for receiving a quote for your item, and then actually shipping it in. Yoogi’s takes care of it all through their own interface and you can check the status of your quote and shipment anytime. Also quite flexible, with a direct payout option. And, they pay through Paypal so no waiting for a check in the mail.

Cons: I’ve found that the quotes offered by Yoogi’s can vary quite a bit. I’d always check here since its such an easy process…but I might check around other areas too, especially for very high ticket items. Otherwise, they’re one of my favorites.

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3. Ann’s Fabulous FindsOne of my favorite places largely because of their great service. I love to browse the site too – the best place to find Van Cleef and Hermes goodies!

Pros:  The whole Ann’s team has wonderful customer service – both on the seller and buyer side. They will work with you through the whole process of shipping your items to them, valuation of them, and ultimately receiving payment. Their consignment payout is often higher than Yoogi’s as well, especially for more expensive  items. If you have an in demand Hermes bag, Ann’s might be the best place for you.

Cons: No direct payment option (such as with Yoogi’s), and payment is made with a mailed check, which adds time, plus they only pay twice a month, and after a ten days have passed on a sale. If you opt for a “layaway” option for your item, that can tack on an additional 30-60 days to your payment…not to mention if a buyer returns the item, the process starts all over again. In the past, I’ve opted for “no layaway” for my items and have usually be paid within ~30 days total.

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4. Donation. OK this isn’t exactly selling, but I end up donating the majority of my items, designer or not. Lately I’ve been sending them all to The Fashion Project (my referral link), which I’d highly recommend. When you sign up, they send you a package in the mail with pre-paid bags to send your items back to them in. Proceeds from the sale of your items go to the charity of your choice. Plus, for every five qualifying items, you receive a $40 Nordstrom gift card. And at year’s end, you’ll receive a summary of your donations for tax deductions. Wonderful eh?

What do you all do with your unwanted designer goods? If you have any other suggestions and experiences, please share!

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  • Caroline
    August 13, 2014 at 8:18 am

    Thanks for such a great post!! Have you ever used any of these sites to purchase designer items?

  • lissy
    August 13, 2014 at 9:44 am

    I sell most of my higher end stuff through the real real which I have liked for the most part. They are very particular about what they take and in Boston, they come right to my place to pick everything up. They also pay out 60-70% of whatever they sell it for (unlike my local consignment shop which only pays out 40%). I do have an Hermes Constance bag that I’m considering selling so might try Yoogi’s, thanks for the recommendation.

    • Katherine
      August 13, 2014 at 10:47 pm

      Oh I’ve never worked with them! Thanks for sharing your experience!

  • Dottie
    August 13, 2014 at 11:44 am

    This post comes at a great time, as I am considering selling four designer purses to help fund a Chanel Cerf tote.

    I’ve had good experiences selling designer clothes and shoes on therealreal, as the commenter above mentioned. I’m in Chicago, so a woman came to my house to pick them up (min of 8 items for pick up, I believe), within days they were listed, almost everything sold quickly, and I got my 60% through direct deposit. Downsides: generous return policy meant a couple of items had to be relisted and took longer to sell again; the prices are low plus there’s nearly always a 20% discount code. Because of the low prices, I wouldn’t sell bags or other big ticket items through them.

    I’ve sold three designer bags and some shoes through ebay, which as you said is the best way to get the most money. But there were shady issues, such as scam bidders putting in max bids so high, a real person would never win (like $1 mill on a Chloe bag). Another time a buyer claimed he did not receive the package, until I produced the certified mail receipt with his signature! I decided not to deal with ebay anymore, if I can help it.

    I will look into Yoogi’s and Anne’s – thanks for the info!

    P.S. Feather Factor is one of my very favorite sites; I read daily. 🙂

  • Petti
    August 13, 2014 at 11:53 am

    Good to know! Thanks for all the info!

  • Olivia
    August 13, 2014 at 12:27 pm

    Thanks for the great info! I have the same question as Caroline – are these also your go-to sites for buying used designer items?

  • Sarah
    August 13, 2014 at 1:59 pm

    Same here, I donate things rather than sell. ( though I don’t have anything as expensive as a Birkin) I donated mulberry bags and clothes. E bay is a complete nightmare these days, I stopped using it after a buyer pretended not to receive a CHANEL item posted signed for. E bay simply refunded them from my account. So I lost the item and paid the postage. Just not worth it.

  • Carolyn
    August 13, 2014 at 9:03 pm

    Thanks for gathering this list and sharing!
    Carolyn | BLOG

  • Kisti Belle
    August 14, 2014 at 8:09 am

    This is a great post, not just for selling but for knowing which are great consignment stores online to shop from! I don’t think I’d ever be brave enough to buy luxury goods from E-Bay, I think many of those places are scams waiting to happen.

  • Michelle
    August 14, 2014 at 1:43 pm

    I have used Ann’s and end up going back to them over and over again even if their process is a little longer and payout slower.
    I checked out Fashionphile this time around, they do offer payout but I ended up going with Ann’s as they do offer more via the consignment route. I figured, a couple hundred do add up and I don’t mind waiting.

  • Lucy
    August 15, 2014 at 7:53 am

    What a great post and perfect timing as I’m cleaning out my wardrobe/closets to make room for fall/winter items. I’ve signed up for the Fashion Project via your referral link and can’t wait to give that a try!

  • Irene
    August 15, 2014 at 8:35 am

    I also just signed up for the Fashion Project! I love the idea. Wish I found out about it earlier.

    I eBay mostly but will have to say that over the years, remaining on eBay requires me to budget a certain level of tolerance for the stress it brings, especially as the site gets more pro-buyer!

    I have a brand new Hermes leather bracelet that is too big and it pains me to have to lose money on it. I’m not going the consignment route yet… Lesson learned on impulse buying at duty free!

  • B
    August 17, 2014 at 8:37 am

    Love the link to the fashion project! Thank you so much.

    For consigning and second hand purchases, I use lovethatbag on malleries. Her consignment payouts are the best – although no immediate purchase option. Lovely to work with.

    • Katherine
      August 17, 2014 at 6:58 pm

      Thanks so much for the tip B! I’ve often window shopped her selection and knows she has a lot of fans 🙂