Selling and Consignment Agreement
Consignment and Selling Agreement
Recycle Style will gladly sell your designer and high end garments in our online store, through our social media, and other selling venues.
We offer 3 ways to sell: 1) directly to us, 2) trade-in for store credit, or 3) on consignment. Please read this agreement carefully.
YOUR ITEMS FOR SALE MUST BE:
* Authentic high end or designer brand. E.g. Trelise Cooper, Karen Walker, Kowtow, Augustine, Nom*D, Zambesi, Cue.
We also accept high end on trend chain store brands such as Max, Topshop, Zara but must be in like new condition and less than 2 years old.
* New, like-new to gently-used condition
* Free from faults such as fading, tears, pulls, pilling, pet hair
* Relevant to current season + trends
* Purchased within the last 4 years (unless exceptional or vintage)
* Garment sizes between 10-20 NZ, footwear sizes between 7-10.5 NZ (we will consign items outside this size bracket)
Upon receipt, your items will be put in a stock queue, we aim to email you within 1 week of receipt with your offer. You must email us within 1 week of receiving your offer (please check your junk mail) to accept or reject (courier charges apply if you would like items returned) The items will become the property of Recycle Style to be handled or disposed of at our sole discretion if we do not hear from you within 2 weeks of receiving your offer email.
We’ll email you your cash price/store credit offer/consignment price for accepted items which you can then accept or reject.
UNACCEPTED ITEMS/REJECTED OFFER
Can be donated to charity on your behalf or returned to you (courier charges apply) You have 1 week to pay for your items to be returned to you, after this time, the items become the property of Recycle Style to be handled/disposed of at their sole discretion.
Recycle Style will be responsible for the promotion, care and customer service associated with selling your items, including market price evaluation, professional photography, detailed description, and if required - secure packaging and shipping of your property. We will take all necessary steps to sell your item quickly for the best price possible.
Issued immediately to your account. There is no expiry date on store credit.
Payments are generally made within 1-3 working days
Payouts are made fortnightly. Due to our 7 day from delivery return policy, you may be paid in the next payment cycle. We also ship worldwide so expect a longer timeframe for your payout if it is shipped overseas.
Selling Option 1: Cash Offer – The Fast Cash Option (30%)
We will buy select items outright for a fair value. Typically, direct buy offers will be 30% of our appraised resale value and is not based on the original retail price. Direct Buy is the quickest way to sell. However, you can receive more for your item with trade-in or by consigning it with us.
Selling Option 2: Trade-In for Store Credit – Immediate Shopping dollars that never expire (50%)
We will issue store credit for select items. Store credit is 50% of the resale price. You do not have to wait for your trade-in items to sell. Store credit is loaded onto your account and ready to use with no expiry date.
Selling Option 3: Consignment – Wait Patiently, then Get the Most Cash (50-60% minus the GST)
We will use our online store, customer base and other selling avenues to sell your items. Each item that sells under $100 receive 50% of the sale price minus GST. Each item that sells for over $100 receive 60% of the sale price minus GST. We cover all sales transaction expenses such as credit card fees, Trade Me fees and all the process expenses detailed above, including shipping. If your item has not sold after 90 days, it can be returned to you or donated to charity on your behalf.
Consignment Term & Item Pricing
Each item is listed for sale on our website for a maximum of 90 days (unless discussed prior). Initial price is determined according to current market value. After 4 weeks the price may be reduced by 25%, and further by 50% after 6 weeks.
After 90 days, you can request your items be returned to you (courier charges apply) If we don't receive a request for return and we don't think your items will sell, your items may be donated on behalf.
You may contact us at any time to discuss pricing and selling options, such as deeper discounts for a faster sale.
Items withdrawn from consignment before the full 90 day term will be charged a $10 processing fee (courier charge applies)
By signing your sellers form, you hereby affirm agreement with all of the points outlined in this document