Consignment and Buy Out
Consignment & Buyout Options: How It Works
At Heirloom Edit we are exclusively online and dedicated to helping you sell your gently used designer handbags. To get started, please email photos of your items along with your desired price points to heirloomedit@gmail.com.
We currently only purchase designer handbags from the following brands: Louis Vuitton, Prada, Saint Laurent, Fendi, Hermès, Chanel, Bottega Veneta, Gucci, Miu Miu, Valentino, Loewe, Jacquemus, and Loro Piana. Our trained specialists will authenticate and evaluate your collection, offering consignment and buyout options tailored to your timeline and pricing needs, each with different payout structures. We only accept items in "A" condition, meaning they should have little to no visible major wear, ie. stains, burns, tears or discoloration.
How Do I Get Paid?
For instant buyouts, payment will be made through Zelle, Venmo, or PayPal as soon as your item has been received and authenticated. Please note that we require a valid photo ID to be sent via email for each transaction.
For consignment sales, payments will be processed within 30 calendar days to account for any customer service issues, such as returns or complaints. Our consignment rates are structured based on competitive pricing and market conditions at the time of sale.
The commission percentages are as follows:
Items sold for $500 or less: 50% commission
Items sold for $501 to $1,000: 45% commission
Items sold for $1,001 to $2,500: 40% commission
Items sold for over $2,500: 35% commission
If we agree to sell your item based on the photos you provide, we will have you ship the item to us. Once authenticated, we will list the item and/or offer a buyout. Additionally, you will receive a $15 credit back for your original shipping cost to get the item to us.
Unfortunately, if your item is deemed inauthentic through our expert review and additional technical software authentication process, we will ask that you provide a prepaid shipping label so we can return your item to you.
Maximize Your Earnings:
To ensure you get the best value for your items, consider providing original receipts, dust bags, and boxes, as having these can increase the price offered.