StockX is a 100% legitimate company.
although, Do StockX fees go down?
The transaction fee is taken from the final price of your sale. The more you sell on StockX, the higher your seller level will increase. With each level increase your transaction fee decreases.
Besides, Does StockX sell fake bags?
The handbags are guaranteed authentic by their specialists and if a seller sends a replica they will issue a refund to the buyer and charge the seller with a 15% penalty on the closing bid of the item. What’s different about StockX is that sellers are only allowed to post goods in Excellent Condition.
however What happens if you sell fakes on StockX? StockX has no obligation to return items that do not conform to the description (including, without limitation, that the item is not new and unworn, is not the correct identified size, or does not include the original box), or are counterfeit (in which case, StockX may turn those items over to the proper authorities) …
so that Has anyone got fake shoes from StockX?
When StockX started two years ago, about 15 percent of the sneakers it received from sellers turned out to be replicas or fakes. Nowadays, the company says that figure is down to about 2 percent. StockX bans sellers from its platform that willfully or repeatedly attempt to sell fakes.
How much is StockX cancellation fee? Failure to complete a sale may result in a $15 charge to your account, or a fee equal to 15% of the transaction price and/or indefinite suspension of your account.
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Who pays for shipping on StockX?
How does payment work on StockX? Once a product is sold and shipped to StockX, sellers receive their payment via four methods including Paypal, Venmo, debit and. However, a 9.5% transaction fee is deducted, which lowers as you sell more. Shipping costs are paid for by the buyer.
Why is StockX processing fee so expensive?
The reason the fee was added, the email stated, is so StockX can continue to make investments into the platform, customer service and the verification process. StockX’s Frequently Asked Questions page further explains the fee, stating the minimum fee charged will be $4.95 and the maximum fee is capped at $29.95.
Do StockX sell fake bags?
No, the photos you see are stock images. StockX only accepts bags that are in Brand New condition, you don’t have to worry about receiving an item in any other possible condition. You can learn more about our strict condition guidelines here.
Is StockX legit for designer bags?
StockX is the world’s first online “stock market” where you can buy and sell your authentic, pre-owned designer bags, because they never go out of style. Every single bag on their website is authenticated by experts which means you’ll never get a fake.
Can you sell pre owned on StockX?
You can only sell shoes on StockX if they’re new/deadstock. It’s also possible for sneakers to be sold on Stockx if they’ve been tried once or twice. This is considered deadstock if you go through their terms of sale.
Can a seller cancel on StockX?
We do not allow sellers to cancel an order once it is confirmed. Please reach out to support@stockx.com if you have any additional questions. Thanks!
Can I cancel an order on StockX?
StockX truly makes an effort to authenticate everything and accept only products in deadstock condition. … This also means that once you order an item on StockX, you can’t cancel it. This might seem unfair, especially if you made a mistake.
Can I sell worn shoes on StockX?
Sneakerheads who are used to the resale game might question whether you can buy used shoes on StockX. We aren’t talking about insanely soiled kicks—StockX will not allow you to sell used shoes on their platform.
Do fake shoes get through StockX?
I’m not saying that StockX’s verification team is right all the time, after all, they must be checking thousands of sneakers every day, and sometimes they might be having a bad day and let through a couple of fakes. Albeit, the buyer doesn’t deserve this – StockX does get it right most of the time.
What happens if you send StockX fake shoes?
If the shoes are not authentic, or they are not in deadstock condition with the original box, you will be charged 15% of the sales price or $13.95 for shipping them back to you, whichever is more. No arrests, no accusations. If you keep sending them fakes they will suspend your account.
How can you tell if StockX shoes are fake?
Here’s the breakdown of how to legit check the StockX tag:
- Step 1: Check the font on the front of the StockX tag. …
- Step 2: Closely inspect the StockX logo on the authenticity tag. …
- Step 3: Inspect the StockX card that comes with the tag. …
- Step 4: Flip the coin and analyse the text on the rear side of the coin.
Can I cancel order on StockX?
StockX truly makes an effort to authenticate everything and accept only products in deadstock condition. … This also means that once you order an item on StockX, you can’t cancel it. This might seem unfair, especially if you made a mistake.
What happens if seller doesn’t ship in 2 days StockX?
If something happens and your item can’t be delivered within a reasonable amount of time, we will attempt to find you another one at no additional cost. If we are unable to do so we will provide you with a full refund, which is typically processed in 3-7 business days to the original payment method used.
Can I return a StockX order?
Are returns or exchanges allowed? Due to the anonymous nature of our live market, we are unable to offer returns, exchanges or swaps – including if you ordered the wrong size. The good news is you can always resell with us if you no longer want your item.
Can you get scammed on StockX?
The most common phishing scams involve sending an email that pretends to be from a legitimate company such as StockX. The email may ask you to fill out a form or click on a link or button that takes you to a fraudulent website. The fraudulent website may look extremely similar to the company referenced in the email.
Does StockX have fake shoes?
Most interestingly, StockX has unveiled the most popular counterfeit sneakers its authenticators encountered — both in 2016 and 2020. … The fact that we sit in the middle of the transaction serves as a deterrent for those looking to pass counterfeits.”
Does StockX pay for your shipping?
As a Seller, your shipping cost is deducted from your total payout. Once a transaction is complete, you will receive a shipping label in your “My Account” section of the site. You are responsible for packaging and dropping off with the shipping carrier on the label provided to you.
Do you have to pay tax for StockX?
Depending on your local government, you may be required to pay sales tax on your StockX purchases. … Your business will be responsible for the sales tax burden on your future sale, but you will be exempt from paying tax on your purchase from StockX.
What is StockX transaction fee?
Transaction Fee: 8.5%
Why is shipping so expensive StockX?
Shipping costs cover the expense of getting your item from us to you. These costs will be included in the price breakdown at the time you place your bid or make your purchase. Rates are based on the average size and weight of a shoe box. Some items that are larger and/or heavier will incur additional shipping costs.
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