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Using
A Consignment Store |
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Consignment
stores are a way to make money from things in GOOD condition
that you no longer want or need. |
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Consignment
stores typically specialize – antiques, adult clothing,
children’s clothing, exercise and sports equipment,
furniture, etc. |
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Almost
all consignment stores require making an appointment to bring
your things in, so call first. For larger items like furniture,
some stores will pick up your things and may charge you a
small fee. |
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Clothing
consignment stores take in-season items only, so bring in
season-appropriate clothing for your appointment. |
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Each
stores’ percentage share arrangement differs, be sure
and read the contract they give you. For example, some stores’
split is 50/50, some are 60/40, etc. |
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You
are responsible for picking up any unsold items at the end
of the contract term (typically 60-90 days). Otherwise, your
items will be donated to charity by the store and you forfeit
the tax write-off. |
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Most
consignment stores will pick through your things and take
only the best items (those they think will sell), so here
are some tips for getting the most out of your items that
you want to consign:
-Bring in only those items that are in season and in sellable
condition
-Clothing – no holes, stains, missing, buttons, etc.
-Bring clothes in on hangers
-Furniture and accessories – no damage, clean, and dust-free
-Antiques – if you have your original bill of sale,
bring it with you to prove its value. |
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