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Visalia Bazaar, LLC1136 N. Marcin Street, Unit Ainfo@(559) 736-8479CONSIGNMENT AGREEMENTWelcome! Thank you for deciding to consign your items with Visalia Bazaar. We are happy to have you as one of our customers! Please carefully read and initial each item below. If you have any questions about any of our terms, let us know and we will be more than happy to explain further.____ 1. REGISTRATION: Each new consignor is required to pay a one-time registration fee of $10.00. This fee helps to offset the cost of time and materials used to post items that may not sell. You may choose to pay this fee upfront or have it deducted from future payments.____2. COMMISSION: If you bring your items to our location you will receive 60% of the final selling price (minus applicable sales tax and item fees). If you elect to use our pick-up/cleanout service where we come to your location, you will receive 50% of the final selling price (minus applicable sales tax and item fees).____3. CONSIGNMENT TERM: Visalia Bazaar will consign your items for a term of 60 or 90 days. This term will not start until your items are posted, typically about one (1) week from the date we receive your items. In the case of a large number of items being consigned, the one week may be extended, at Visalia Bazaar’s discretion, in order to ensure that we have ample time to get all your items posted.If desired, you can choose to have your items automatically discounted during your term. This is helpful if your items are not getting a lot of interest at their current price and may help your items to sell. The discounts are as follows:60 day term: Days 1-20 items full price; Days 21-40 discounted 20% of full price; Days 41-60 discounted 40% of full price90 day term: Days 1-30 items full price; Days 31-60 discounted 30% of full price; Days 61-90 discounted 60% of full price____4. PRICING: You, the consignor, set the prices for your items. Visalia Bazaar may offer pricing suggestions based on market trends and customer demand. Typically, pricing is set at about 50-70% of the retail price, with age and condition of the item being a consideration. It is your responsibility to eliminate any items with visible defects or stains or non-working items before consigning them. Visalia Bazaar will notify you if any items are found to have noticeable stains, strong odors, holes, defects, chips, or flaws or have been recalled. You must pick up these unsaleable items within 5 days of being notified or we reserve the right to donate said items with no compensation to you. Visalia Bazaar does not make any guarantee of pricing or sales.A Buyer’s Fee (10% of item price) will be added to the item upon purchase. This fee is to offset processing and online advertising costs. Buyer’s fees will not affect the agreed upon selling price or your commission percentage and will not be shown on your payout. Occasionally Visalia Bazaar will promote sales events and coupons to attract customers and move merchandise. Markdowns and discounts will be shared equally between Visalia Bazaar and you.____5. PAYMENT: Visalia Bazaar will notify you about payments you may be owed upon the expiration of your term. Payments are made by check and must be picked up from our business location during regular business hours. Checks will only be made payable to original Consignor with valid ID. Visalia Bazaar does not mail checks as a matter of course due to loss/theft potential. Account balances not redeemed within 1 (one) year of activity are forfeited. Reprinting of checks due to loss, damage or theft after they have been picked up will incur a $2.00 reprint fee. You can check your account online at . Here you will be able to see the status, selling price and expiration date of all your consigned items. Click on the “Login” link at the bottom right of the home page and use the following login info:User Name: First Initial and Last Name (example: bsmith; mgarcia; jdoe)Password: Your 10 digit phone number with no spaces (example: 1234567890)You will be able to change your password after you log in the first time.____6. TERM EXPIRATION: You can pick up or choose to donate any unsold items at the end of your consignment term. Your expiration date will be written on this contract and can also be found online. We will contact you about any unsold items that may need to be picked up or donated at the end of your term. Items will be available to pick up for 10 days after expiration. Items will only be released to original consignor with valid ID. Any items left after the 10 days becomes the property of Visalia Bazaar to dispose of at our sole discretion. This includes selling items at a lower price with full proceeds payable only to Visalia Bazaar or donating to a location of our choice.____7. EARLY TERMINATION: If you choose to break the consignment contract by picking up items before the end of the consignment term, you will be charged an early termination fee of 15% of the original agreed upon selling price of each item.____8. RIGHT TO PUBLISH: Visalia Bazaar reserves the right to publish photos of any consigned items on internet sites such as Facebook, Craigslist, Instagram, LetGo, OfferUp, etc. for the purposes of sales and marketing.____9. ACCOUNTABILITY: You, the consignor, represents and warrants that you are at least 18 years old, possess complete and clear title to all merchandise consigned and will NOT hold Visalia Bazaar responsible for any claim from another party to consigned merchandise. Any item with a selling price of more than $75.00 requires that Visalia Bazaar obtains a copy of a valid Drivers License or Identification card to be kept on file during your consignment term.____10. LIABILITY: We will do our best to protect your items, however all items are left in the care of Visalia Bazaar at your own risk. Visalia Bazaar is not responsible for any loss or damage to items including damage caused by theft, fire, vandalism, natural disaster or any other unforeseen circumstances. If you want to be protected against such possible losses, it is your responsibility to do so through your homeowner, renter or property insurance policies.____11. Should Visalia Bazaar be held liable for any breach of contract or breach of duty or tort claim filed by Consignor, said damages shall be limited to no more than the stated value of the Consignor’s payment under this agreement for the item(s) in question and the Consignor shall not be entitled to any further compensatory, consequential, punitive or special damages whatsoever.____________________________________________________________Consignor SignatureDate____________________________________________________________Seller SignatureDate_____________________________________________________Term Expiration DateLast Date to Claim Unsold Items ................
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