Yahoo Finance What’s the safest way to conduct sneaker resale transactions?
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The sneaker resale market is one of the most popular and lucrative destinations online. But with such a large following and reach, it’s important to ensure your safety as a seller.
In this week’s episode of Complex and In The Know’s The Flip, host Racks Rogan touches on why you should choose to sell direct-to-consumer versus listing on third-party sites.
“A lot of people like to do their online business through third-party sites such as StockX or eBay and that’s a really good way to do business since it protects both the buyer and the seller,” Racks said during the episode. “But, there can be drawbacks to doing business that way.”
When posed with the question of which route is better, Racks explained that he believes it’s better to “deal directly with the consumer.”
“I can see the product if I’m buying,” he added. “I could see the money if I’m selling.”
While outlining the pros and cons to conducting sneaker resale transactions online versus in-person, he said “there are pros and cons to both.”
Check out the video above to see which kicks Racks put on the “Hot” and “Not” lists and which of this week’s hottest releases are worth putting on the resale market.
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