TradesyReviews 9,836

His review is about a consignment store: Tradesy

Obviously, I am a victim of their malpractice of selling counterfeit good. There are over 2 dozen cases open by the BBB. I just want to provide additional information and links and hopefully this can put them in the law enforcement's hands.

The following are sites you can report:
1. Stop Fake: stopfakes.gov
2. US Customs and Border Protection: cbp.gov. Search for FakeGoodsRealDangers
3. FBI.gov Search for counterfeit-goods-organization-convicted

I have been a Tradesy seller for 5 years now and thought that with that many years under my belt and becoming a seasoned seller sales would get better. Wrong! What other sellers are saying about slow sales, inability to access funds, and lack of communication is spot on! I have a closet full of amazing designer and/or quality items but can't seem to sell very much. I work part-time and am caregiver to my dad so finding time to list On Tradesy can be tricky but somehow I manage. After much consideration I have decided that at the beginning of the new year I will be shutting down my Tradey closet. I've been researching a few consignment stores in my area and will slowly schlep my items there. I don't want to spend any more weekends photographing, describing and listing if sales are as slow as molasses. I much rather be doing something more productive. I honestly believe online designer resale has changed over the years and has become a very saturated market. If you don't have a bazillion $2 trinkets to sell that come from china nobody gives a rats $#*!. My items are from my own personal collection so they are well taken care of and undoubtedly authentic. I'm actually looking forward to not having to deal with the headaches of listing, low ballers, and constant monitoring of my closet. If you choose to sell, good luck!

I am completely in agreement with other sellers about the amount of time it takes for a seller to get our money! They state 21 days while the buyer is walking around with your designer item and possibly damaging it! They can then return with just about no questions or guarantee that it came that way!
I have called to ask why they won't transfer my money that is just sitting in their account and no one gives me the time of day, they could care less how many sales and money I have given them over the years. It's really sad because I will continue to purchase but I am pulling my merchandise and sticking with a Poshmark and have my funds in a few days not month!

Unlike other resell sites, you have to wait days upon days to receive your money from Tradesy once the buyer has received your item. Then, you wait weeks to get your money into your bank account if you decide to transfer it from your Tradesy account. THIS is where they are making the bulk of their money... holding onto your hard earned cash for extended periods of time well outside of guidelines. I'll stick with Poshmark, EBay and Mercari, thanks.

Do not waste your time, energy or money on this site. They have some very shady practices. If you are a seller they hold your funds for 21 days now and try to say it's to protect you and the buyer. Umm explain to me how someone having my item for 21 days and me not having my money for it helping me. Their percentage that they take out is not worth it. Their shipping is a rip off. They charge $10.50 for a $6.95 shipping label or $20.00 for some crappy $#*! $0.50 tissue paper(if you receive it) and some bag that you can get for free or cheaper at the post office. Take your business elsewhere.

I have experience with this site as both buyer and seller. The plus is you can find great designer deals. Tradesy only has 2 categories for item condition: New with tags or Like New (without tags). I've purchased items that were listed Like New but turned out to be worn and used. Tradesy should allow for more condition listings such as used. They are very good at refunding money to buyers if you are not satisfied with a purchase. Recently Tradesy has had a series of missteps which are a turnoff. I was initially attracted to Tradesy because of their low commission price, however, they recently increased it. Since they increased their rate, I also have to increase my price so customers are losing out on better deals. The most egregious misstep is placing a 21 day hold on seller funds. Their explanation is that they want to guarantee accuracy or authenticity of a transaction. This doesn't fly because all sales go through them and are not handled by a 3rd party. Both buyer and seller must provide credit card and bank account information. The buyer also has 4 days to confirm that everything is in good order after receipt. No other selling site holds funds for 21 days. Tradesy proved to be dishonest in a recent selling transaction. The buyer had emailed me to ask if the dress would fit them since they had a large bust. I could not guarantee it but said that if it didn't fit Tradesy allows for returns and refund of money. The buyer purchased the item and it didn't work out so they asked for a refund. Usually if the reason is due to fit, the buyer gets a site credit and returns the item to Tradesy. Seller still gets to keep their money and Tradesy re-sells the item. In my case, Tradesy told me that after they got the dress back and inspected it, there was a small stain on the inside top of the dress which I did not disclose to the buyer and as such it was a misrepresentation. This is untrue since all of my items are brand new and carefully inspected before shipping. I think they did not want to keep and re-sell the dress because of their liberal return policy, no questions asked, they would have ended up with tons of returned merchandise. Needless to say when I got the dress back there was no stain.

I wish I would have researched Tradesy. They should be called Teasey instead. You see something you like, purchase it expecting to recieve it. You have your heart set on it only to be told too bad it's not available because the seller did not confirm within the three day time period. I recieved an email from Teasey saying my purchase was canceled. WTH. The seller had several active listings. Not sure why the seller did not make contact. My first time purchasing something and the seller flakes out. There may have been a good reason but I tried to contact the seller at a later time and recieved no response at all. According to Tradesy, when this happens they remove the listing and refund the money back to the buyer. They should remove the seller! I have had over 1000 transactions on eBay over the course of 18 years and never had the experience of a seller pull a disappearing act. Totally bogus that this is tolerated and the seller is still allowed to have listings on their website. Stay away.