📜 Consignor Agreement
1. Consignor Earnings
· Consignors will receive 50% of the selling price of their items, less buyer fees and sales tax.
2. Payment Collection
· Payments may be collected in person within one year of the item’s sale date.
· Payments are issued as cash or check.
· Funds not collected within one year will automatically convert to store credit, redeemable in-store only.
· Consignors may view sold items and balances through the Consignor Portal. Username and password are the consignor’s full email address (password may be changed after first login).
3. Item Display & Sale
· Accepted items will be displayed in-store and online for a minimum of 8 weeks.
· All items will be priced at the discretion of OOTB INC.
· Buyer fees apply and are paid by the customer, not the consignor.
· Unsold items may be picked up on or before the expiration date provided at drop-off.
· Items not collected by the expiration date become store-owned property and will not be returned.
· Visit Consign With Us for more details.
4. Item Condition
· Items must be gently used, clean, odor-free, and less than 3 years old.
· Items not meeting these standards may be declined.
5. Buy-Out-Right & Drop-Off Guidelines
· Buy-Out-Right: Mondays & Thursdays, 11 AM – 3 PM (no appointment required.
· Consignment Drop-Off: Monday - Thursday: 11 AM – 6 PM (no appointment required)
· Consignment Drop & Run: Friday & Saturday: 11 AM – 6 PM (no appointment required)
· "No Thank You” items from Drop and Run will be donated without notice. No holds.
6. Item Selection
· OOTB INC. selects items based on customer demand, quality, and current inventory needs.
· Acceptance is not guaranteed
· The goal is mutual success for both consignor and store.
7. Membership Fee
· Each consignor pays a $5 annual membership fee.
· Renewal fees are automatically deducted from the consignor’s account.
8. Donations
· Unsold or unclaimed items may be donated to local charities, including the Winston-Salem Rescue Mission, at OOTB INC. discretion.
9. Damaged Items
· Items later found to have damage (holes, tears, stains, broken zippers, chips, etc.) may be marked down or donated without notification.
10. Safeguarding Items
· OOTB INC. will make every reasonable effort to safeguard consignor merchandise.
· OOTB INC. is not responsible for loss resulting from Fire, Theft, or Damage while items are in our possession.
11. Buyer Fees
· A buyer’s fee is added to each item to cover operational costs.
· This fee is paid by the buyer, not the consignor.
12. Uncollected Payments
· Payments not collected within 12 months of the sale date convert to store credit with no cash value.
· Store credit may be used in-store only.
13. Sales & Promotions
· All consigned items may be included in sales, promotions, and special events at OOTB INC. discretion.
14. Agreement Updates
· OOTB INC, D.B.A. Out of the Box Consignment, reserves the right to modify or update this agreement at any time without prior notice.