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House of Consignment


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#1

RealityTivo

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Posted Apr 5, 2012 @ 7:14 AM

This show is absolutely horrendous. Corri McFadden is someone who thinks she is an expert on everything, but all she does is state the obvious..."whoever bids the highest wins." Ummm...thanks. I live right around the store and honestly, it's not as bustling and high-profile as they'd like to think.

#2

ncw12371

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Posted Apr 5, 2012 @ 12:15 PM

I did like that silver Missoni dress, though.

#3

shopper gal

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Posted Apr 8, 2012 @ 7:05 PM

I watch this show for the closet porn and Chicago connection.

"Betsy" who live in the Trump Tower was 39 maybe 10 year ago.

I wonder if the cop who showed her closet got into any trouble with her job? It wasn't a good image, I'm hoping that she's in some serious debt, not illegal gains.

#4

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Posted Apr 8, 2012 @ 7:24 PM

Oh God...Betsy was a hot mess. When she said she was 39, I almost shot out the TV, Elvis-style. Who the hell is she kidding.

The cop things was very shady. Did she live in the Gold Coast (I can't remember)? If I were McCarthy, I'd be running financials on her immediately.

#5

shopper gal

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Posted Apr 8, 2012 @ 7:40 PM

What I don't get is hasn't this 'business model' come and gone? And I shudder to think what they charge the 'clients.' They also, I think, play fast and loose with the numbers. Typical consignment is 50/50 or 60/40, but when they add the ebay aspect to it I wonder. Clearly I have no life and am one of two people watching this mess.


I did think the style party expansion was a good idea.

#6

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Posted Apr 8, 2012 @ 7:53 PM

There was an explosion of these eBay dropoff centers in 2003 and 2004 and within about a year they all closed down. I think their angle is that they do high-end. I'd really love to sit down and look at all the numbers. My guess is that little miss McFadden is not nearly as successful as she'd like everyone to think.

My wife and I are going to go in there one day and bring our Gap and Banana Republic apparel and ask how much we could get for it:)

#7

shopper gal

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Posted Apr 8, 2012 @ 8:15 PM

LOL - I'm not in Chicago often enough to wander buy, but should you bring in your BR and Gap stuff you might just have some takers. When I first discovered this show I looked up their Ebay store and was surprised that they had 'lower end' stuff like Anne Taylor etc. I'm will agree with you, she can't be that successful - I remember all those Ebay stores going out of business. The only way she can maintain such overhead is if they are charging an insane amount commission. But again, when I looked at the site, it wasn't all that. A lot of low end stuff and maybe only 50 to 100 auctions at the time.

#8

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Posted Apr 8, 2012 @ 8:22 PM

To your point, if they have 50-100 auctions at a time, do they really need that many full-time people writing up descriptions?

And the "e-tern"? Seriously? How desperate must someone have to be in order to work for free for some outfit like this?

Just a quick bit of math...let's say there's a $5,000 handbag that sells for $1,000. At the most they get $600, out of which come eBay and PayPal fees, so that's about $500 they net. From that, you assume $100 in tax, so when all is said and done it's $400. Then from that, you have to pay your employees, rent on that office, etc. Maybe $50 at the end. And that's assuming they take 60%. I can't imagine anyone with any savvy would take only 40% on their goods. I'd rather donate it and take the tax deduction.

#9

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Posted Apr 8, 2012 @ 8:48 PM

I wasn't under the impression that most of the employees shown were paid. I assumed they were interns.

#10

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Posted Apr 8, 2012 @ 9:00 PM

I think they're all paid:

http://www.shopedrop...t/welcome-edrop

This was their old location:
http://maps.google.c...ved=0CCIQ8gEwAA

Hardly high-class. That area is really nothing special or classy. So how they developed this following it beyond me. I used to go by there and assume it had shut down. I will say their new location is in a little higher-end neighborhood.

BTW, the building in which Corri lives has units going for only $500k. If she was as "high-end" as she'd like people to believe, she'd be living in something worth a little more than $500k. For those of you outside of Chicago, $500k here is nothing...it's like $150-200k elsewhere.

#11

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Posted Apr 18, 2012 @ 8:06 PM

This show is such a fantastic train wreck.

Jilda the Beverly Hills lady with all of the wretched stuff who kept mispronouncing Birkin as BIRKUM - I rewound several times to make sure my ears weren't deceiving me.

The classic aging BH too much plastic surgery look and Tory Burch - that woman must do a helluva a lot of revenge shopping. My guess is the husband finds it easier and cheaper to stay married and have his sex/hookers.

I don't understand the business model as most large cities have excellent consignment shops. They also take about 40% to 50% but with this model you also have to pay EBAY fees - those are paid by the seller and not by edropoff.

EBAY is great for selling true collectibles perhaps that might actually command worldwide interest but I think that clothing/shoes would tend to do better in a bricks & mortar high end consignment shop since women can try on the stuff before buying.

#12

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Posted Apr 18, 2012 @ 8:33 PM

When is this show on..i thought it was Wed nights, but don't see it on the schedule for tonight. I figured it had been cancelled.

#13

walnutqueen

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Posted Apr 18, 2012 @ 10:27 PM

A new episode airs on Tuesday, 4/24.

#14

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Posted Apr 30, 2012 @ 6:59 AM

I rarely will turn shows off in the middle, but I was streaming the episode in which they visited some woman who lived in a small house on what looked to be the south or west side of Chicago, yet had thousands of dollars in clothes. It pissed me off so much. This woman obviously was either spending all her paycheck on clothes or was in debt up to her eyeballs. Why this was featured on a show that is supposed to showcase the elite of Chicago is beyond me. I cannot stand this show and will never watch it again.

Someone else said it, but I am not sure how this business model actually is successful. The sellers must be absolutely stupid. They take a HUGE cut of the final sale and then stick them with the eBay fees. These people would be better off donating the clothes and then taking the tax deduction. There are a ton of higher end consignment shops here in Chicago that don't take such a big cut. I guess their owners don't make for good TV though:)