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Wayne Stephens
Wayne Stephens
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armadillo consignment's estate sale contract

12421 Greenwood Ave North, Seattle, WA  98133
(206) 363 6700
sales@armadilloconsignment.com

Armadillo Consignment (Agent) agrees to perform an estate sale for (Seller) _____________________________________on (Date) __________with the hours to be determined.

Further (Seller) __________________________________may consign the contents that remain after the sale to Armadillo Consignment, 12421 Greenwood Ave North Seattle, as both Armadillo and seller agree.  Consigned property will be subject to the terms and conditions of the usual and customary Armadillo Consignment store policy.   

The following terms and conditions:

Location of merchandise:

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General description of merchandise:

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Scheduled dates of access for setup of sale:

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Agent agrees to conduct an on-site estate/tag sale at the above location by advertising and inviting potential buyers to attend a pre-priced on-site sale using the traditional tag sale format.

Agent will act on a best efforts basis in an effort to obtain a fair and reasonable price for the items.

Agent will perform the following services: 

Advertise as appropriate

E-mail agent's list of active estate sale and tag sale buyers.

Promote sellers sale on estate sale web sites

Place appropriate signs directing buyers to sale location.

Call buyers who actively buy "special" items included in the estate.

Secure any necessary permits where required. 

Organize, display and make all the merchandise accessible.

Supply tables, racks, shelves & display cases for the sale.

Research unique items to get a fair price.

Price all valuable items with attention to ascertain the "right" price.

Embellish the sale by adding desirable items to attract more buyers.

Negotiate and "make deals" assuring a fair price and a fast sale.

Record sale and reconcile the cash result.

The agent agrees to absorb and pay all expenses related to promoting and conducting the sale including advertising, payroll, etc.

The seller agrees to pay a 50% commission on all gross sales.

The seller also agrees to pay $10.00 per hour per person (except for the Principal) to set up and stage the estate for sale.  It is agreed that this expense will be taken from the gross proceeds at the end of the sale.

Other provisions concerning the conduct of the sale:

A) The agent will set the dates and hours of the sale.

B) The agent will have full access to the property in which the sale is conducted.

C) Seller should not be present during the selling hours of the event and should not interfere with the conduct of the sale or the negotiation with the buyers.

D) Agent and agent’s designated sales personnel will have the sole authorization to set prices and to discount and/or renegotiate prices with buyers. Agent will leave certain items un priced in order to invite conversation and negotiation.

E) Agent will make a reasonable effort to prevent breakage and theft, however agent will not be responsible for payment or replacement of any items rendered un saleable by these causes.

F) The agent may accept personal and business checks tendered by those known by or properly identified to the agent. All checks are subject to the rules and regulations of the State of Washington and the bank in which they are deposited.

G) Sales taxes will not be collected by the agent based on the "casual sale" rule.

H) Homeowners insurance will be in force on the location property at the time of the sale.

I) Buyers are solely responsible for the removal of the property they purchase and are required to remove items purchased before the end of the sale.

J) Agent is not responsible for damage to the property caused by the buyers during the removal of their merchandise or during the conduct of the sale.

K) Seller will provide title and/or bill of sale for any property which by law or common practice requires these documents. (auto, boat, etc.)

L) Agent will not be responsible for any damage to the leftover merchandise incidental to transporting said items to the auction houses.

M) This agreement is subject to the laws of the state in which the sale is conducted.

N) Any agreement to alter the terms and conditions of this agreement does not effect the validity of any of the other provisions.

O) In the event of a dispute between the seller and the agent, the parties agree to settle by professional mediation.

 

ADDITIONAL PROVISIONS:

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SELLER AND AGENT HAVE READ AND UNDERSTAND THE

PROVISIONS ABOVE AND AGREE TO THEM.

 

SELLER_________________________________ DATE______________

 

AGENT__________________________________ DATE______________

 

 

 

Armadillo Consignment ~~ 12421 Greenwood Ave N ~~ Seattle, WA 98133-8107
(206) 363-6700 ~ sales@armadilloconsignment.com
© 2010 Armadillo Consignment ~ All Rights Reserved
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