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I'll start with the positives, poshmark is a huge plate form for country wide users. They have a large amount of traffic so the chances of selling your stuff it likely!
However, their rates are extremely high! They take 20% pre sale plus for some unknown reason you have to pay taxes on the poshmark fee. I'm selling used items/clothes and as the seller paying poshmark taxes...? This is not a business, if it were I'd have my own "business" website to sell. I've tried looking online for a reasonable explanation for these tax fees and there isn't.
Tip for consumers:
Would only recommend to buy and not sell since the rates are so high, best to sell locally. Also in some cases it’s best to purchase from the retailer directly, some sellers seem to think since it’s not sold anymore, new with tag, item went on market x amount of years ago, they can sell for more and call it “rare”, there is no deal in that. Not to mention most retail stores have free shipping and these over priced sellers on poshmark charge shipping. You might as well shop at the retail store.
Products used:
Clothes, cosmetics, home decor
Marilyn B.'s review of Poshmark earned 24 Very Helpful votes
“Excellent points made here. I saw the exact Madewell bag I got on shopbop for $79.00 and the seller was asking over $180 - it's hard to be believe that's allowed or not vetted whatsoever.”
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