I understand that What Winners Wear will make a concerted effort to sell my items for me, but that What Winners Wear makes no guarantee that any of my items will sell in the contract period. The contract period begins the day that the items appear in the mobile unit and/or the ebay store. What Winners Wear conducts research of similar items selling, photographs items, measures & describes items accurately, answers questions from potential buyers, collects funds, and packages & ships items safely and efficiently and sends funds due on a regular basis.
I understand that there is an “insertion” or listing fee of $3.50 per item. Fees are deducted from your sales. NO UPFRONT FEES at the time of consignment! I understand that I provided my expectation of selling price on the “ITEMIZATION SHEET for each item. However, What Winners Wear discuss current market values and establish a fair price. The best selling price benefits both parties.
I agree to pay 40% of ending price plus fees on the item at the end of the sale. Insertion fees are non-refundable whether the items sell or not. I understand that in order to re-list items that do not sell in the contract period I must pay an additional insertion fee for each item. Insertion fees do not include additional fees incurred for any necessary laundy or dry cleaning of clothing OR polishing or cleaning of boots/tack. I WILL RECEIVE 60% OF ITEM’S SELLING PRICE LESS INSERTION & miscellaneous FEES.
Items will be listed in Ebay Auction for two weeks. If does not sell at auction, it will be listed online in What Winners Wear Ebay store. In addition, items will be available in the What Winners Wear mobile unit at horse shows and other events for a period of three horse show season months (April to September). Checks for sold items are generated at the beginning of each quarter: Jan, April, July, October. At the end of the contract period (usually 90-120 days), I will receive a final statement detailing any unsold items. THEN I have the option to:
1) re-list the items under a new contract + insertion fees,
2) pick up the items within 30 days from the statement date (Items may also be shipped back at my expense) OR
3) request that unsold items be donated to a charitable organization (4-H, therapeutic riding center, Salvation Army, etc) & send me the tax write off.
If I fail to pay insertion fees, I understand that unsold items will not be released to me until insertion fees are paid in full. I will notify What Winners Wear of my option choice within 30 days of final statement date. FAILURE to act on options 1, 2 or 3 within said 30 day period will result in the items left becoming the property of What Winners Wear.
I understand that all items I consign with What Winners Wear shall be in good condition and clean prior to consignment of the item. If What Winners Wear needs to have an item laundered or cleaned to be able to sell, charges for those services will be deducted from your commission check. What Winners Wear agrees that if an item does not sell and is picked up by me, the item will be in the same condition as when it was consigned.
Payments will be made by check and mailed quarterly after my items have sold and/or the contract period is over.
I understand that it is my responsibility to keep What Winners Wear apprised of all address/ phone number changes and corrections.
What Winners Wear is NOT LIABLE for loss of consigned items through fire, theft, vandalism or natural disaster. This contract overrides and supersedes all preexisting contracts with What Winners Wear. By signing this contract, I agree to all terms and certify that I own the items I am consigning with all the rights to sell such items.
MY PRINTED Name:________________________________________
MY Signature: ________________________________________