What your consignment agreement should cover
A checklist for discussions with your store and adviser. This page is not a consignment contract or an offer by TurnGoods to take possession of goods.
Identify the parties and the goods
Name the actual store operator and owner of the goods. Record item identifiers, condition, provenance and any authentication evidence. Agree who holds the goods and is responsible for storage, insurance and loss.
Agree prices and deductions
Specify pricing authority, markdown approval, commission and other charges. Explain the basis for each deduction and how returns or partial refunds affect the calculation. Do not leave these terms to an assumed software default.
Describe sale and payout events
Clarify when a sale is treated as final, how payment is reconciled and when the consignor is paid. If lay-by is offered, agree how reservations, instalments, cancellations and refunds are handled.
Plan for unsold goods
Set the consignment period, notice process, collection arrangements and any authority to dispose of goods. Have a qualified adviser check the agreement against applicable consumer, second-hand dealer, privacy and tax requirements.
TurnGoods’ role
Using our website or requesting a workflow review does not make TurnGoods the consignee, licensed dealer or party responsible for store payouts. Any proposed service needs its own identified operator and written scope.