- Jaime from RIF LA is back again and he is dropping more knowledge of the sneaker game.
Jaime talks about how RIF LA makes their money and how consignment works with them. RIF LA does 85/15 consignment for new shoes and 80/20 on worn shoes, meaning the original shoe owner has RIF LA sell the shoe for them and receives 85 or 80% of the sale. Jaime mentions that they provide this generous offer to make sure that resellers that work with them make a little profit off of the price they paid for the shoe. Besides providing a better consignment rate than stores like Flight Club, RIF LA does consignment for worn shoes which gives resellers more options to unload product.
Another way that people can get rid of shoes with RIF LA is a buyout. Jaime explains that people with large collections that they no longer have use for or need, they can sell a whole lot of shoes at once. Jaime says that buyouts can equal up to $7,000 or $8,000.
When asked about recognizing fakes, Jaime says "some shoes like the Air Jordan 1s have a distinct smell." Yes, Jaime is still smelling shoes! Watch the video for more from the very knowledgeable Jaime!