Consignment Agreement
Consignment, Selling, and Authenticity Agreement:
The Stand Alone will gladly sell your authentic designer clothing, handbags, and accessories in our online store, through our social media and other selling venues.
We offer 2 ways to sell: 1) directly to us or 2) on consignment.
Please read this agreement carefully.
Item Criteria
1) Authentic high-end designer brand. E.g. Chanel, Louis Vuitton, Bottega Veneta, Celine, Christian Louboutin, Dior, Hermes, Alexander Wang, Chloe, Fendi, Marc Jacobs, Miu Miu, Prada, Salvatore Ferragamo, Valentino, Saint Laurent.
2) Like-new to gently-used condition.
3) Ideally some sort of supplementary information that supports authenticity (original receipt, authenticity card, name/location/approximate date it was purchased).
PLEASE NOTE: IT IS ILLEGAL TO BUY OR SELL COUNTERFEIT LUXURY GOODS. MINE & YOURS LTD. WILL NOT BUY OR SELL COUNTERFEIT ITEMS AND WILL IMMEDIATELY RETURN OR DESTROY ITEMS DEEMED COUNTERFEIT.
Process
Upon receipt, The Stand Alone will be responsible for the promotion, care and customer service associated with selling your items, including authentication, market price evaluation, professional photography, detailed description, In-store merchandising, Internet listing, customer communication, and if required - secure packaging, shipping and insurance of your property. We will take all necessary steps to sell your item quickly for the best price possible.
Payments
We issue consignment payments via cheque or email transfer once the item has sold. Direct buy are made after the item has been received and ourselves, or third-party authenticators, have certified the item's authenticity. The authentication may take several days, depending on the brand, and we will issue payment as soon as possible. If it is determined that your item is inauthentic, there will be a charge of $10 processing fee.
Selling Option 1: Direct Buy – The Fast Cash Option (30%)
We will buy select items outright for a fair value after authenticity has been verified. 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 by consigning it with us. Once items have been sold to The Stand Alone and cash or payment has been received, a grace period of 24 hours is available to purchase your items back at their direct payout value. Beyond the 24 hour period, items can be purchased back at their retail value determined by The Stand Alone
Selling Option 2: Consignment – Wait Patiently, then Get the Most Cash (50-60%)
We will use our online store, customer base and other selling avenues to sell your authentic high-end designer items and pay 50-60% of the proceeds to you If your item has not sold after 90 days, it can be returned to you.
Consignment Term & Item Pricing (As designated by Store Buyer)
Each item is listed for sale on our website for a minimum of 90 days.
Initial price is determined according to current market value through our research data.
After 30 days the price can be reduced by a mutually-agreed amount.
After 90 days we can return your item to you, per your request.
Cancellation Clause for consigned items:
Agreement and Consignment can be terminated at any time, by request. However we will charge a $50 cancellation fee.
You may contact us at any time to discuss pricing and selling options, such as deeper discounts for a faster sale.
If you have any questions, please contact us:
Email: shop@thestandalone.com
By receiving this agreement, you hereby affirm agreement with all of the points outlined in this document, and that you are the lawful owner of all the merchandise you are sending to us. This agreement can be terminated upon receipt of written notice signed by you, subject to the cancellation clause described above.
Any direct buy we make is not guaranteed until the item is examined physically for condition and authenticity confirmed.
By signing this agreement or submitting this form online via www.thestandalone.com, you hereby affirm agreement with all of the points outlined in this document, and you are the lawful owner of all the merchandise you send to us, and that to your best reasonable knowledge, you believe the items to be Authentic. This agreement can be terminated upon receipt of written notice signed by you, subject to the cancellation clause described above.
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