Consignment

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At Reflux Co, our consignment services are deeply rooted in sustainability, aiming to reduce waste and promote the reuse of goods. We offer a thoughtful and efficient way for community members to rehome their items, ensuring privacy and mindful handling through a selective and curated process. We understand the true value of possessions and strive to prevent them from being unused or discarded.

Leveraging a variety of auction platforms and our growing marketplace, we aim not just to maximize returns but to ensure each item finds a new, appreciative home. Choosing Reflux Co means your items are managed from start to finish, supporting our environmental mission with every transaction.

By consigning with us, you play a vital role in moving away from throwaway culture towards a sustainable future where reuse is a part of daily life. Join us in making sustainability central to our community, one consigned item at a time.

Our formal agreement outlines the terms and conditions of the consignment relationship. It includes details such as the duration of the consignment, pricing strategy, commission rates, and responsibilities of each party.

A detailed list of all items being consigned, including descriptions, condition, and agreed-upon prices or pricing formula. This ensures both parties have a clear record of what is being sold.

Reflux and consignee agree on how the items will be priced. This can involve a fixed price set by the Reflux or a pricing strategy determined by the consignee based on market value, demand, and condition of the items.

The agreement will specify the commission or fee structure. Typically, the consignee takes a percentage of the sales price as a commission for selling the item. This percentage can vary widely depending on the type of items and the consignment shop.

The consignment agreement outlines when and how the consignor will be paid for sold items. This section includes details on payment frequency (e.g., monthly, quarterly) and methods (e.g., cash, check, electronic transfer).

Our agreement also covers what happens to items that are not sold within the consignment period. Options  include returning the items to the consignor, extending the consignment period, or reducing the price of the items.

Terms regarding who bears the risk for loss or damage to the consigned goods while they are in possession of the consignee. This section also covers insurance responsibilities.

Conditions under which either party can terminate the consignment agreement and the process for concluding the arrangement, including the return of unsold goods.

The agreement may include a clause outlining how disputes related to the consignment will be resolved, such as through mediation or arbitration.