CONSIGNMENT 101


What is A Consignment Shop?

Consignment shops provide customers with a place to display and sell their merchandise. The shop will decide what they are willing to sell and for what price. After the sell has been completed, the consignment shop and the owner split the profits. If an item does not sell after a certain period of time, the owner has the ability to retrieve the items from the consignment shop.


Why Consign?

Furniture consignment isn't for every furniture piece (say like, your leftover college furniture or a severely damaged item). But if you have a piece of vintage or antique furniture you no longer want, have inherited a piece that isn't your style, or are sick of paying the fees on a storage container full of furniture you haven't used in awhile, you might want to enlist the help of a consignment store over trying to sell it yourself. A few reasons why consigning could be a good idea for you:

 

Reach a larger audience of potential buyers

If you've got a valuable piece of furniture, going through a consignment shop means you'll reach buyers looking for well-designed and made furniture — and willing to pay for it.

 

Time-saving convenience

You'll deal with the consignment shop — not field calls, texts, and emails from interested buyers.

 

No strangers coming to your homE

Though the actual dangers of selling through Facebook or Craigslist are pretty slim, you still have to meet a stranger at your home or storage unit and haggle over a price.


General Terms

  • Items will be accepted for a 120-day consignment period, starting from the day that they are placed on the sales floor (with the exception of holiday decor).

  • Northwest Repurpose will establish and set the pricing on all consigned items. We will always strive to secure the best possible price for your item based on manufacturer, quality, condition and marketability of the piece.

  • Inventory will be reduced in price via a preset markdown schedule every 30 days. Sales and promotions are at the discretion of Northwest Repurpose.

  • All consignment items must be clean, in displayable condition and ready for resale.

  • All items consigned with Northwest Repurpose remain the property of the consignor. While all reasonable efforts will be made to keep consigned items clean and safe from damage, Northwest Repurpose is not responsible for loss or damage to consigned articles from fire, water, theft, damages or other casualty. Please ensure that all items are covered under your homeowner’s policy or such other insurance, as you deem appropriate.

Commission

  • I understand my share is 60% of the final selling price for items sold within the 120-day consignment period.

UNSOLD ITEMS

  • If you wish to retrieve your unsold items, you must do so within 10 days after the end of the consignment period. We retain the right to sell those items until the consignor removes them.

  • Unless otherwise agreed upon, items left in the shop 10 days after the consignment period ends becomes the property of Northwest Repurpose and will be donated to a charitable organization or liquidated at the discretion of Northwest Repurpose.

PAYMENTS

  • Checks are cut on or after the 15th of each month for the previous month's sales for balances over $25.

  • We do not automatically mail checks. Payouts are available for pickup in person at Northwest Repurpose or used at any time for store credit (Sorry, no cash settlements tendered). If you prefer to have a check mailed to you, please let us know.

OUR AGREEMENT