Consignment Agreement

Consignor Name:
 

Street:
 

City:
 

State:
 

Zip:
 

Telephone:
 

E-mail:
 

box.it.up, consignee, accepts the goods on the attached consignor inventory form, to sell on eBay to the highest bidder under the terms and conditions listed in this contract and documents attached hereto.

Consignor warrants that he/she is the sole legal owner of the property to be sold. (if property is jointly owned with other persons, all owners will have to sign.) Consignor further warrants the description of the item(s) and any representations made about the item(s) is/are true and correct to the best of his/her knowledge.

Consignor agrees to the fee schedule that is attached. Any special fee agreements or changes must be in writing and initialed by both parties.

Consignee agrees to be responsible for the loss or damage and safekeeping of the items and will insre they are packed and shipped properly to the eventual buyer. Items with a final value in excess of $100.00 will be shipped insured.

Consignee will retain possession of the merchadise until the goods are sold and delivered to the final purchaser, or returned to the consignor. Consignor agreesto leave the items with the consignee for a period of at least 15 days, during which time they will be listed on eBay for a three, seven, or ten-day period for sale.

Once an item is listed on eBay, it will run the full auction course until sold to the highest bidder. If consignor demands return of the property prior to the end of the auction, or the 15-day period, he/she will pay a withdrawal fee of $25.oo per item. Consignor may not withdraw an item after it is sold, or within the last 24 hours of the auction under any circumstances. Once an auction has ended with a successful sale, the property may not be withdrawn and will be delivered to the highest bidder upon receipt of payment.

Should the winning bidder fail to pay for the auction, the property will be offered to the next highest bidder. If this bidder does not accept the item, it will be put up for auction for a second time. Item will be returned to consignor if it fails to sell at second auction.

If consignor's property fails to sell within the 15 day period, consignor agrees to pick up the item/s within five business days or pay shipping and handling charges to have item returned. Otherwise, unsold items will be donated to a local charity.

All items are sold without a reserve selling price on the standard plan. TheDynamic plan has a non-refundable listing fee, which allows for a reserve selling price.

Once an auction is completed, and payment is received, the merchandise will be shipped to the buyer. Upon safe receipt by the buyer, the consignee will effect payment of proceeds, less commission and fees, to the consignor. If a buyer rejects an item due to misrepresentation, payment will be refunded to the buyer and the item or merchandise will be returned to the consignor.                        

Both parties agree that any disputes arising under this agreement will be settled by binding arbitration according to the rules of The American Arbitration Association.

This agreement is signed in, and will be interpreted in and subject to the laws of the State of New Jersey.

Fee Schedule: All items must have a minimum expected eBay value of $50.00.
 

Standard Plan:	Dynamic Plan:
Commission and Ebay Fees only You receive the following below: 7-day listing 3 photos of item Gallery photo 0.99 opening bid Specific start time	$19.99 & commission and Ebay Fees You receive the following below: 10-day listing Up to 12 photos of item Gallery photo Specific start time Bold listing Sub-title Option to set "reserve" price Option to set "buy it now" price

box.it.up commissions on final selling price:

35% of the first $200
30% of the next  $300
25% of the next  $500
20% of the next  $2,000
15% of the next  $3,000
Contact us for quotes over $6,000   

eBay transactions fees on final selling price:

Up to $25           5.25%
$25 to $1,000    5.25% of first $25 & 2.75% for remaining bal. to $1,000
Over $1,000       Same as above & 1.5% on remaining bal. of closing value