Consignor Agreement
Dovetail Boutique Consignment is pleased to have you as a Consignor. Thank you for entrusting us with the sale of your items. We look forward to working with you! Consignment Parties In accordance with this agreement, the Consignor gives Dovetail Boutique Consignment the exclusive right to display and sell all mutually agreed upon items. Consignment Period Consignment is for a period of no less than 75 days. Items picked up prior to the 75th anniversary date are subject to an early pick-up fee equal to 25% of the items current selling price. Beginning on the 75th day, the Consignor has a seven day grace period to reclaim any unsold items. The Consignor is solely responsible for reclaiming unsold items during these seven days. Please keep track of your original date of consignment as well as your pick-up date. Dovetail Boutique Consignment is not responsible for contacting the Consignor regarding expiring items. Upon the 82nd day any unclaimed items will convert to store property. Dovetail Boutique Consignment has the sole discretion to keep, sell or donate any unclaimed items. Holiday items, as designated by Dovetail Boutique Consignment, must be picked up no later than seven days after the corresponding holiday. On the eighth day after the holiday, unclaimed items convert to store property. Dovetail Boutique Consignment reserves the right to pull holiday items immediately following the holiday. Selling Price Dovetail Boutique Consignment shall determine the selling price of all items. At the end of 35 days an automatic price reduction of 20 % will be in effect. No less than a 20% price reduction will be taken without mutual agreement between Consignee and Consignor. Dovetail Boutique Consignment shall be entitled to retain 50% of the proceeds from the sale of each item consigned.Dovetail Boutique Consignment reserves the right to add a buyer fee onto the sale price of each item consigned. This fee is not paid by the Consignor nor subject to the 50-50 split agreement. Accounting/Payout Consignor will receive online access via email to monitor their items. A mandatory $1.00 fee per month will be deducted from the consignment account for this online service whether used or not. Consignor owed money will be paid on sold items no later than the 15th of the following month. (Example: items sold in July will be paid out no later than August 15th ) Accounts that have been inactive for two years will be closed and all money will become the sole property of Dovetail Boutique Consignment. Lost/ Stolen/ Damaged Items Merchandise that is lost, stolen or damaged shall be considered as having been sold. Dovetail Boutique Consignment shall pay the Consignor as if the merchandise had been sold up to a maximum of $1,000.00 per item. The Consignor shall be paid the previously agreed upon percentage of sale, that amount shall be paid within the regular terms of Consignee/ Consignor payout. Natural disasters including flood, earthquake and acts of terrorism exempt. |