Making Money

Where Can I Sell My Purses?

Reselling your designer bags and purses can be a practical and financial decision. It could be that you are tired of your Louis Vuitton bag and just want something new. Designers work very hard these days, so a bag in one collection could get outdated in a few years, and you would need something new.

Similarly, you may want to sell your designer bags to make some extra bucks. Some designer bags can be investments. Thus, a product purchased in one year can still be worth a lot of money in a few years. As a practical financial decision, the sale of one bag could fetch you enough money to settle several pressing needs.

Where Can I Sell My Purses - Designer Bag

Selling your handbags could also be in a bid to declutter. Sometimes, we accumulate items we do not need. You may have added so much to your collection over the years without being aware of your actions. Selling off your designer handbags can generate more room in your home. It can also be therapeutic and freeing. From available records, people who make a habit of letting go of their items end up living a more fulfilled life.

However, when it comes to the sale of use bags, one concern is where you can easily do so. There are various online shops and sites where you can sell the bags. You can also find willing buyers on these sites because one woman’s trash is another woman’s treasure. However, finding a consignment shop to sell your used handbag is not always easy. This is because it takes a lot to decide on the best sites, considering the price, shipping requirements, and ease of using any particular website.

So, if you’re wondering “where can I sell my purse?” you’ve come to the right place. In this discussion, we look at some of the best places for you to sell your used purses and bags.

How To Price Your Purses

Before we go straight to the best places to sell your handbags, it will be important to highlight how to price the bags. In most cases, there may be no fixed price to sell the designer bags online. More so, what you get for designer handbags will not be what you get for others. Thus, to get the best price and attract the right buyer, you need to know how to arrive at a comfortable selling price. Some of the steps to take include the below.

How To Price Your Purses

Pay Attention to the Platform You are Using

Online stores either allow you to sell directly to customers or sell for you and give you your cut. Selling directly to customers may not be exactly ideal as you may be unable to negotiate great deals yourself. On the other hand, when the online store sells for you, they retain some money. So weigh the options and choose the one that works for you.

Compare Prices

You may want to compare what other bags like yours are being sold for. Compare the sites where you can sell the bags and ask those who had sold the bags themselves. It is helpful to bear in mind that the price quote you get could eventually change when you eventually want to sell. Also, you typically sell designer handbags above what others go for. Thus, the quality of the bag, including whether it has any wear or tear, will determine if you get top dollar for it or not.

Consider Incidental Costs

There may be other costs that may not be immediately obvious to someone looking to sell their bags. For instance, shipping costs could be significant if the buyer is far away from you. Typically, it is the seller and not the buyers who foot this bill. Additionally, some sites charge listing fees. All of these can cut into how much you make from the handbag when it gets sold.

Where to Sell Purses

We have computed the various platforms you can register as a seller and sell designer handbags online. We discuss the peculiarities with each platform and the key considerations to have in mind if you are looking to sell your designer handbag on any of them. Read on to learn how to resell your designer purses.

The Real Real

Where Can I Sell My Purses - The Real Real

The Real Real is an online consignment shop where you can sell your purses. However, you can sell anything on The Real Real, including men’s wear, luxury goods, fine art, and earn cash.

The website is easy to navigate. As a seller, you just need to sign up and set up an account. The Real Real operates primarily online. Thus, you could use their concierge service to send your used designer bag to them. You could also ship the bags to them, and they will take it up from there. The Real Real further has brick-and-mortar stores where you can drop off your handbags.

The Real Real gives you many payment options. For example, you can decide to get a direct deposit to your account or have a mailed check that you can cash. In addition, you can also decide to get store credit in exchange for the bags. With this, the seller can also buy anything they want from The Real Real’s shops.

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Vestiaire Collective

Where Can I Sell My Purses - Vestiaire Collective

Vestiarire Collective is one of the easiest platforms to use to sell your handbags. However, it is not dedicated solely to selling bags. This is a good thing because you can sell your purses, clear out your closet and sell other designer goods you have at the same time.

To use the platform, you need to download and install its app. Then, list the luxury items you want to sell. Next, you need to upload several photos of the handbag if you are selling a handbag and include a detailed description. Finally, if there is any wear, you have to disclose this upfront. Of course, a prospective buyer will know that a pre-owned bag may not be in top shape. However, it is always advisable to be forthright to increase your chances of selling your handbag.

If the bag gets sold, you will have to ship it to Vestiaire Collective. They will then assess the bag before forwarding it to the buyer. You will get paid as soon as the product gets to the buyer. This platform promises sellers up to 70% of the bag’s selling price.

This platform has a lot of things going for it. Firstly, you are guaranteed good money when you sell your handbags using them. More so, the process is automated and quite seamless. Furthermore, there is an effective customer service system that addresses every concern you have as soon as they come up. In addition, Vestiaire Collective has built a solid reputation. Thus, you will not spend time looking for the right buyer for your handbag.

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Where Can I Sell My Purses - Rebag

Rebag is an online consignment store where you can sell your designer handbags, such as a Hermes Birkin. The platform has a list of exclusive designers that produce luxury handbags. It is only these designers that Rebag agrees to resell their handbags.

Ideally, if you have a preowned handbag, you will need to register on the website and fill out a form. Afterward, you get a free quote. On the form, you will have to state the designer, the state of the bag, if there is any wear or tear, and accompany your form with 6 pictures of the bag that they can authenticate.

The team at Rebag will go through your form and then send you a quote containing the suggested purchase price. If you agree to the quote, you then ship the bag to them, including the shipping label of the bag.

Rebag is the best place to sell your luxury bag. This is because you will be sure that you will get a good quote for the handbag. Other platforms may not easily recognize the value of a pre-owned limited-edition channel bag, but Rebag sure will. In addition, you can get paid through electronic transfer, and all sellers are eligible for site credit.

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Plato’s Closet

Where Can I Sell My Purses - Plato's Closet

This is one of the best consignment shops for selling your handbags. It is well known for selling items of clothing used mostly by teenagers and young adults. Hence, it is a great option for selling your designer brands of handbags, as long as they are trendy and can appeal to teenagers.

In most cases, you may find it difficult to sell vintage pieces on the platform. However, if unsure of whether the site will accept your bag, you could quickly scroll through its website to see what is currently on sale.

Plato’s closet has its fair share of drawbacks. However, one of its many advantages is that it is quite easy to use. You just need to take your bags to their store, have them reviewed, and if accepted, you get paid instantly. But, unfortunately, you only get about one-third of the total value of the bag. In addition, you also need to ensure that the bag is in relatively good condition.

You will also have to be verified. Thus, you may want to have your ID ready when visiting their stores.

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Where Can I Sell My Purses - eBay

eBay is one of the most popular destinations for anyone looking to resell anything. You can sell handbags, clothes, and even jewelry on the platform. The platform has an established base. In other words, you will not run out of customers interested in buying your wares. Hence, you can sell off the bags in your collection within a short while. You can further decide to activate the special features on the platform to make sure that you make massive sales.

More so, eBay can give you the best price for whatever you want to sell. You get to set how much money you want for your items. In addition, prospective customers reach out to you, and you can conclude negotiations before making a sale.

Furthermore, eBay is relatively easy to use. First, you will have to set up an eBay account. Next, you will have to identify as a seller by toggling the “sell” sign at the top of the signup page. Then, make a list of the bags you intend to sell.

You will then input your preferred payment option in case the handbag gets sold. eBay is an online store that has built a reputation for awesome delivery. So you can expect stellar services when you use it.

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Conclusion: Selling your Purses

Your closet may be worth hundreds of dollars, yet you may not know it. Similarly, if you are willing overwhelmed and bogged down, the problem might be all the clutter you have in your home. How do you solve this challenge? Sell off some items. In this article, we discuss how to sell your purses and designer bags. There are specific places to sell designer handbags. There are also other places where you could sell designer bags in addition to clothes and shoes. We discuss both categories of platforms in this review. The options we discuss will surely be of immense help to you.

Kevin Martin

Kevin is an ambitious entrepreneur that is obsessed with all things related to finance. From a young age, Kevin has always been involved with side hustles ranging from online selling to freelance work. Over the years, Kevin graduated from side hustles and started launching multiple online and offline businesses. Kevin is a serial entrepreneur who loves starting new businesses and exploring all things related to business and finance. He is constantly looking for new ways to save money, invest money, and create income streams.