CONSIGNOR AGREEMENT
One Savvy Design Consignor Agreement
629B Valley Road Upper Montclair, NJ 07043
Email us: shop@onesavvydesign.com * Call us: 973-744-0053
629B Valley Road Upper Montclair, NJ 07043
Email us: shop@onesavvydesign.com * Call us: 973-744-0053
Acceptance of Items:
One Savvy Design accepts Luxury/Designer bags, wallets and jewelry such as Hermes, Chanel, Louis Vuitton, Saint Laurent, Gucci, and other similar brands at a consignment rate of 60%-80%. All other handbags, clothing, and jewelry will be at a 50% rate.
Consignment Duration:
Items will be consigned for a duration of 90 days.
Item Listing and Pricing:
Once you consign your items with us, we’ll enter them into our system and send you an email titled "Item List." This list will include the pricing and expiration dates for your items. We recommend adding the expiration dates to your phone calendar to keep track. Pricing is based on market value and the condition of the items. Please note, processing may take up to two weeks.
Items will be consigned for a duration of 90 days.
Item Listing and Pricing:
Once you consign your items with us, we’ll enter them into our system and send you an email titled "Item List." This list will include the pricing and expiration dates for your items. We recommend adding the expiration dates to your phone calendar to keep track. Pricing is based on market value and the condition of the items. Please note, processing may take up to two weeks.
Pickup and Expiration of Items:
Consignors are responsible to pick up any unsold items during the week of expiration as indicated in the Item List. Items left past the expiration date will become the property One Savvy Design or get donated.
Markdown Policy:
You give permission to One Savvy Design to markdown your merchandise at any time to facilitate sales through social media lives, store promotions, or sales events.
Payment Schedule:
Checks are issued at the beginning of every month for items sold the previous month. You will receive an email by the 7th business day of the month notifying you that your check is ready to be picked up in our store. Please pick up and cash your check as soon as possible as they do expire in 60 days. Expired checks do not get re-issued, instead a store credit is given that expires in one year.
Fees:
There is a one-time membership sign-up fee of $20.
Check Fee $1.50.
Handbags and wallets will be authenticated using Entrupy at a fee of $16 per item.
Designer jewelry will be authenticated using Real Authentication at a fee of $30 per item.
A $1 processing fee applies to all other handbags, clothing, and jewelry.
Items picked up PRIOR to the 90-day consignment period will incur a service fee of $75 per item.
Responsibility:
One Savvy Design will do it's best to protect your merchandise, though we are not held accountable for fire, theft or damages.
Condition Requirements:
All clothing must be pressed, on hangers, and free of stains, holes, and odors. Dry cleaning expenses are the responsibility of the consignor.
All clothing must be pressed, on hangers, and free of stains, holes, and odors. Dry cleaning expenses are the responsibility of the consignor.
Agreement Confirmation: I have read and agreed to the terms above. ______________________________________________________