Our Consignment Agreement
2nd Avenue utilizes Consign-Pro software so that all your valuables are tracked accurately. Every item is time-stamped and automatically "attached" to your account number. When it sells, your account is immediately updated & the revenue added. You may request an up-to-the-minute list of all your items any time.
Each type of item has its own predetermined length of stay which is either 90 or 180 days.
We split 55/45% on everything but designer handbags: that split is 50/50%. Louis Vuitton, Chanel & similar "level" bags get you 70%.
Clothes, non-designer handbags and shoes, have a 90 day consignment period. Every 30 days they are reduced by 20%.
Designer handbags, Furniture & home decor have 180 day consignment periods. (We require a minimum of 90 days of consignment on furniture & designer bags)
Jewelry stays for 180 days. There are no automatic markdowns, but jewelry will be reduced at the discretion of 2nd Ave.
Once items expire, they become the property of 2nd Ave. We donate to charitable causes. You may schedule an appointment to come in & gather your expired items if desired. If you'd rather have 2nd Ave. gather items for you, we'll charge a $25.00 fee. It is up to you to keep track of expiration dates. You may request a computer generated list of your items at 2nd Ave so as to see all expiration dates of items, etc.
As a consigner, you may either shop at our store with your credit earned or request payment by check.
We cut checks once per month but only for those consigners who have asked us to do so. Please REQUEST YOUR CHECK BY THE 18TH of the month in which you'd like the check. Once requested, your check will be waiting for you to PICK UP ON THE 21st of that month. We do not mail or deliver.
2nd Avenue reserves the right to hold sales & promotions & markdowns of any items consigned. We shall be held harmless for loss of items due to theft or fire.
Once a requested check is cut, that check/money due consignor is void after 180 days.
Consignment accounts are deleted and void if consigner does not contact 2nd ave in 3 years.