Are you looking to sell your pre-owned branded bags in Singapore? With the luxury market booming, there are now more options than ever to get the best price for your designer handbags. In this article, we’ve researched and compared the three best places to sell branded bags in Singapore in 2025, based on factors such as commission rates, customer service, and authenticity guarantees.
1. Reebelo: The Global Leader in Pre-Owned Luxury
Pros:
- Global reach with a large customer base
- Competitive commission rates starting at 45%
- Free shipping and insurance
- Authenticity guarantee and professional cleaning
- Easy-to-use online platform and mobile app
Cons:
- May have lower payout prices compared to local consignment stores
- Shipping costs can be high for international sellers
2. Luxity: Singapore’s Trusted Consignment Store
Pros:
- Local presence with a physical store in Orchard Road
- Competitive commission rates ranging from 40% to 60%
- Experts in authenticating and valuing branded bags
- Offers repairs and restoration services
- Personalized customer service
Cons:
- May have limited reach compared to global platforms
- Walk-in appointments can be busy
3. The Bag Butler: The Specialist in Branded Handbags
Pros:
- Specializes exclusively in selling branded bags
- High commission rates of up to 70% for consignments over $10,000
- Free professional photography and marketing
- Extensive knowledge of the luxury handbag market
- Prompt and transparent communication
Cons:
- May have lower payout prices for bags below $10,000
- Limited online presence and requires physical appointments
Table 1: Comparison of Commission Rates
| Platform | Commission Rate |
|---|---|
| Reebelo | 45% onwards |
| Luxity | 40% – 60% |
| The Bag Butler | Up to 70% for consignments over $10,000 |
Table 2: Customer Service and Authenticity Guarantees
| Platform | Customer Service | Authenticity Guarantee |
|---|---|---|
| Reebelo | Online and phone support | Yes, 100% |
| Luxity | In-store and email support | Yes, by in-house experts |
| The Bag Butler | Phone and email support | Yes, by independent appraisers |
Table 3: Shipping and Insurance Options
| Platform | Shipping | Insurance |
|---|---|---|
| Reebelo | Free shipping and insurance | Included in commission |
| Luxity | Free shipping for consignments over $500 | Not included |
| The Bag Butler | Paid shipping costs | Not included |
Table 4: Highlights and Standout Features
| Platform | Highlights |
|---|---|
| Reebelo | Global reach, easy-to-use platform |
| Luxity | Local presence, personalized service |
| The Bag Butler | Specialization in branded handbags, high commission rates |
Why Sell Your Branded Bags?
There are several compelling reasons to consider selling your pre-owned branded bags:
- Declutter your closet: Free up space in your wardrobe and make room for new purchases.
- Earn extra income: Sell your unwanted bags to generate some additional income.
- Support sustainability: Reduce waste by giving your bags a second life.
- Invest in new luxury: Use the funds from selling your bags to purchase a new designer item.
How to Stand Out When Selling Branded Bags
To maximize your chances of getting the best price for your branded bags, follow these tips:
- Clean and prepare your bags: Make sure your bags are in pristine condition before selling them.
- Provide accurate descriptions: Describe the bag’s condition, measurements, and any accessories included.
- Set a competitive price: Research similar bags on the market to determine an appropriate price.
- Consider consignment: Consignment stores can offer higher payouts compared to selling directly.
- Highlight the bag’s history: If the bag has a unique or interesting story, share it with potential buyers.
Frequently Asked Questions
Q: What is the best time to sell branded bags?
A: The best time to sell branded bags is typically during peak seasons such as summer or winter.
Q: How can I ensure the authenticity of my branded bag?
A: Look for serial numbers, authenticity cards, and receipts. You can also have the bag authenticated by an independent appraiser.
Q: What are the tax implications of selling branded bags?
A: The tax implications may vary depending on your location. It’s recommended to consult with a tax advisor for specific guidance.
Q: Is it worth repairing my branded bag before selling it?
A: Minor repairs can enhance the value of your bag. However, major repairs may not be cost-effective.
Q: How can I find the right platform to sell my branded bags?
A: Research different platforms, compare their commission rates, customer service, and authenticity guarantees. Consider the specific needs of your bag, such as its brand and condition.
Q: What are some tips for negotiating with buyers?
A: Be prepared to negotiate, but know your bottom line. Highlight the value of your bag and its condition. Be willing to compromise, but don’t undervalue your handbag.
Q: How can I protect myself from scams when selling branded bags?
A: Deal with reputable buyers, request payment through secure methods, and document all transactions. Never share your personal or financial information with strangers.
Q: What is the future of the pre-owned branded bag market?
A: The pre-owned branded bag market is expected to continue growing, driven by factors such as sustainability and luxury resale trends.
