2018 Consignment Agreement & Intake Form:
To download a PDF version of the Byrd Consignment Contract, please click here.
Condition of Acceptance: Items must be clean, smoke free, pet hair free and in good condition. After selection, we may decline to accept an item(s) upon closer inspection during the pricing process if discovering:
- Greater signs of wear
- Other imperfections (i.e. garment had alterations, non-functioning zipper. etc.)
Contract Period: 60 days
Commission Payment: CHOOSE and INITIAL:
___ I want to approve the consignment pricing of my items and accept 50% commission. Once a pricing email has been sent, you must approve/decline within 72 hours. If you decline, you have 72 hours to pick up, or your items will be sent back using your pre-paid Shipping Deposit. No reply will be taken as approval.
___ I pre-authorize you to sell my items at the Byrd determined resale pricing and accept 55% commission.
I understand a courtesy email will be sent notifying when my items have been put out for sale and price of each.
These most coveted designer handbags are paid out at a 60% commission: Chanel, Gucci, Hermes, Louis Vuitton.
**Byrd reserves the right to discount an item once by 10% to make a sale.**
Commission checks are mailed before the 10th of the new month for the previous month’s sales.
AFTER The 60 Days Expire – MAKE A SELECTION – For Your Unsold Inventory:
___Option 1: I want my unsold items back then, no increased commission by moving items to Clearance Rack. REQUIRED: A pre-paid Shipping Deposit of $10 into your consignor account for return shipping expenses.
___Option 2: Receive an increase in commission rate to 60% by moving my unsold items to the Clearance Rack (30% price reduction) for 20-30 days longer. If my items still do not sell, then I want back. REQUIRED: A pre-paid Shipping Deposit of $10 into your consignor account for return shipping expenses.
Examples of consignor $ net difference when moving an item to clearance:
A full price $60 item commission is $30, sold on clearance the commission is $25.20 (just $5 less).
A full price $125 item commission is $62.50, sold on clearance the commission is $52.50 (just $10 less).
A full price $225 item commission is $112.50, sold on clearance the commission is $94.50 (just $18 less).
___Option 3: Move to Clearance and if any items still do not sell, then donate item(s) in my name for tax credit purposes. The charity mails this tax letter directly to you. NO SHIPPING DEPOSIT REQUIRED.
RESALE LISTING PRICE:Byrd sets the resale price based on various industry standards and factors:
- A percentage off the retail price
- Desirability of the designer label
Authenticity: You attest you are in legal possession of these items and to the item’s authenticity (not replica). Authentication documentation is requested for designer bags. If you do not have it, Byrd may have the item authenticated by an independent service, and the fee of $15 will be deducted from your account.