Consignor Management

Reviewed and revised — 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. Different consignors may agree different terms. The important part is not how many rates you support, but whether a later payout can be reproduced from the terms that applied to that item. Define the basis Record whether the percentage applies to the gross sale, a tax-exclusive amount or an amount after specified costs. Clarify fixed charges, minimum commissions and how refunds affect the calculation. Avoid describing a rate as “30%” without defining what it is applied to. ...

Reviewed and revised — 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. A consignor statement should answer three questions: what happened to my items, how was my share calculated and what has been paid? Define the period and status Show the reporting dates, preparation date and whether the statement is provisional or final. Separate unsold stock, completed transactions, unresolved returns and payments. A sale recorded near month-end may need later adjustment. ...