SAN FRANCISCO, March 1, 2016 /PRNewswire/ -- The RealReal, the leader in authenticated luxury consignment, today announced the expansion of its valuation office to Los Angeles after a successful launch in New York City last year. The valuation concept allows consumers to get valuations of their fine jewelry and watches free of charge. The RealReal's team of graduate gemologists and watch experts assesses clients' items and provides them with a valuation document stating the items' resale value on The RealReal.com on the spot. People who consign jewelry and watches with The RealReal make up to 2 times more than selling their items through other channels.
"The mission of our valuation offices is to offer our luxury consignors a special service to determine the resale value of their fine jewelry and watches, because until now, people haven't had an easy or reliable way to do this," said The RealReal CEO and Founder Julie Wainwright. "After seeing the demand for this type of service in New York City, we are excited to introduce it to Los Angeles and other major markets later this year."
The fine jewelry and watch valuation concept aligns with The RealReal's mission of reaching its vast member-base of 4.5 million on a personal level, similar to its in-home white glove consignment service. The office, located in Century City, Los Angeles, will be open Monday through Friday from 9am - 5pm and by special appointment. Appointments can be made by visiting therealreal.com/valuation, calling (844) 440-REAL, or emailing ValuationLA@TheRealReal.com. The next valuation office will open in March in Chicago with additional major markets to follow.
About The RealReal
The RealReal is the leader in authenticated luxury consignment providing the largest selection of authenticated luxury items including men's and women's fashion, fine jewelry & watches, and fine art & home. Consignors earn 60-70% of the sale price and items sell quickly. Its free in-home pickup service is available in 20+ major cities across the US. The fine jewelry & watch valuation offices in select cities offer people free valuations on their pieces from the company's professional gemologists. To learn more about The RealReal, visit www.therealreal.com.
SOURCE The RealReal