A consignor contacts Hello My Goodbuys to discuss their desire to have items sold on consignment. Hello My Goodbuys is open to selling most type items – see our page about what to sell. These items are generally in perfect condition and lightly used without any damages/defects. The items will be priced at a fraction of their retail price. When a consignor’s item(s) sell, they make a percentage of the sold price so that Hello Goodbuys and the consignor make money. Policies differ among businesses, but the concept remains the same.
Consignment differs from “selling outright”, where a seller brings items in and receives immediate payment on review. Consignee may, at any time, ask that the item be removed from Consignee’s online site upon 72 hour notice to Consignor. All items remain in the possession of the Consignor until the item sells. When an item sells, arrangements will be made to retrieve the sold item for packaging and shipping.
Payment: After the item has been received by the buyer AND the buyer is satisfied with the product, payment is sent to the Consignee’s Paypal account within 7 days or less.
Consignee does not carry fire and theft insurance on items because there are no Consignor items on the premises. Consignor is advised to maintain comprehensive and liability insurance to cover their own items/property. Should Consignor wish to remove the item from Consignee’s online site, we require at least 3 days notice. Removal of the item by the Consignor from the Consignee’s websites will constitute a termination of this consignment agreement.
Consigner Agreement Consignor hereby promises to defend, indemnify and hold harmless Consignee, its employees, agents and affiliates from any and all demands, judgments, claims, including reasonable legal and all other expenses, actually incurred and paid, incident to any claim whether baseless or well founded by any third party in connection with any item taken by Consignee on consignment. The indemnification language contained in this agreement shall survive the termination of this agreement.
This agreement constitutes the entire agreement between the parties pertaining to the subject matter contained in it and supersedes any prior and contemporaneous agreements, representations and understandings of the parties. No supplement, modification or amendments of this agreement shall be binding unless it is executed in writing by each of the parties. No waiver of any of the provisions of this agreement shall be deemed or shall constitute a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party making the waiver.
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