The RealReal is changing the way people buy and sell luxury items. The leader in luxury resale, the company is a full-service retailer offering customers authenticated pre-owned designer brands including Chanel, Hermès, Louis Vuitton, Gucci and Cartier, all at up to 90% off original retail. The RealReal takes possession of all items prior to sale in order for its merchandising team, authentication specialists and skilled gemologists to evaluate each item. The company also offers buyers merchandise returns, with an in-house customer service team available to answer specific product questions.
Consignors in major U.S. cities can schedule a free pickup or use the company’s direct service through its iPhone consignment app or online form. Consignors make up to 70% of the selling price.
*Based on Preferred Stock Price, The RealReal does not have a stock symbol since it is currently private and is yet to have an IPO.
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