The minimum threshold for each of your items can be edited in your account settings. To access these settings, you can either:
- Click on your profile picture in the top right corner -> “Settings” -> “Owned Items” -> “View Item” -> “Set Minimum Offer”.
- Or go directly to your item settings by using the following link (make sure you are signed in): https://therealest.com/account/owned-items-> “View Item” -> “Set Minimum Offer”.
By default, if you don't make any changes, the minimum threshold will be set at 20% above the original sales price to help you offset the Partner & Verification Fee (18%), as well as part of the shipping costs associated with shipping your item back to The Realest for verification. Please note that depending on the dollar value of your item, 20% may not be enough to fully offset the shipping cost.
For more information about the charges in a resale transaction, please see this help article.