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Retail or Less on COLLECT

With this new update, sneakers can no longer be listed at high resell prices on COLLECT.

Dejan Pralica avatar
Written by Dejan Pralica
Updated over 2 years ago

What is it & how does it work?

  • This new feature prevents shoes being listed at high resell prices on direct buys

  • When listing a shoe for available for sale at a “Buy Now” price, users will only be able to list the shoe up to 20% over retail price of that shoe (based on the retail MSRP in the sneaker database)

  • This 20% above retail threshold is to account for members to recoup additional expenses (i.e. taxes & shipping) on top of the retail price of a shoe

What about shoes I paid resell pricing on, that I want to list for sale?

  • List these shoes as “open to trades or offers”

  • You can utilize the “Seller notes” section to inform potential buyers on the amount you paid and/or an amount you’re looking to get on these shoes

  • Users can also leverage in-app messaging to negotiate pricing on pairs listed

  • Receipt/proof of purchase will not be required, however this will only help transactions when provided

What should I do about my “hyped up” shoes that I don't know what I should value them at?

  • List these shoes as “open to trades or offers”

  • Put your preference (trade ideas or cash amount you’re looking for) in the seller notes to educate other members on what you may want for these valuable shoes

  • Utilize in-app messaging to negotiate deals on shoes

What if the shoes I'm trying to list for the taxes and shipping exceed the 20% threshold (i.e. bought from an international market)?

  • List these shoes as “open to trades or offers”

  • List the total amount in seller notes to inform other members on the total price you’re looking to get for the shoes

  • Utilize in-app messaging to negotiate deals on shoes

What if the shoe I want to list has the incorrect retail price in COLLECT?

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