Consignment Contract Effective 8-1-2024

Length of Consignment:  The consignment period is ninety (90) days beginning the day the item is tagged and available for sale.  Items picked up before the end of the 90 day period will be assessed a fee equal to 25% of the original price.  All merchandise consigned must be the personal property of the consignor "free and clear". 

Liability:  Second Wind Consignments assumes no liability for the loss, damage to, or destruction of any item consigned. 

Imperfect Merchandise:  Items that do not meet our current inventory requirements or are damaged will not be consigned and must be picked up within 2 weeks of notification by email. If no email is provided, it is the responsibility of the consignor to contact Second Wind to determine the status of items dropped off. Unclaimed items will be donated or disposed of after 2 weeks without further notice. 

Pricing and Consignor Split:  Second Wind Consignments will set the selling price of "like-new" consigned items at no more than 1/2 of retail value.  After the first $1, the consignor will receive fifty percent (50%) of the FINAL selling price for all items sold within the consignment period. For items purchased with a debit or credit card, a fee of 2.5% of the consignor's share will be deducted to offset their portion of credit card fees. If items are not in "like-new" condition when dropped-off and it is necessary for our staff to clean them, the "split" will be adjusted and the consignor will receive only forty percent (40%) of the final selling price.

Price Reductions:  All consigned items are subject to automatic price reductions.  At the end of thirty (30) days, all prices will be reduced by ten percent (10%).  At the end of sixty (60) days, the price will be reduced by 25% off the original price. We reserve the right to hold special sales or markdowns. 

Pickups:  Consignors must pick up any wanted, unsold items within two (2) weeks after the end of the 90 day consignment period.* All items not picked up at the end of this period, will "expire", become the property of Second Wind Consignments, and may be further reduced and sold.  Expired items may be returned but a 25% return fee will be charged. Return fees will be based on the lowest printed price on the tag & deducted from any outstanding credit on the consignors account or, if no credit exists, must be paid at the time of pickup. * Holiday-specific decorative items will be donated two weeks after the associated holiday without further notice.

Consignor Payouts:  Payouts will be mailed to the address on the consignor's account no later than the 10th of each month for account balances of $25.00 or more generated from the previous months' sales. One dollar will be deducted from all payout checks to cover the cost of postage and supplies. Checks must be cashed or deposited within 90 days.  If it is necessary to replace a check, a $10.00 fee will be assesed if the check is presented for replacement. If the original check is NOT presented for replacement, a $20.00 fee will be assessed to defray the cost of a stop-payment order on the original payment. Account balances below $25.00 may be used "same as cash" towards in-store purchases. Unused store credits will be forfeited after two years.   

Record Keeping:  It is the responsibility of the consignor to keep track of pickup dates for consigned items.  We will not call to remind you to pick up unsold items. 

Effective August 1, 2024

 

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