Luxybit is delighted to accept your luxury designer items on consignment.

Consignment refers to an agreement where your item is placed in the care of Luxybit until the item is bought by a buyer. The owner of the goods—the consignor (you)—retains ownership of the items until they sell. When the item sells, the store who sold the product—the consignee (Luxybit)— would pay the owner (you) an agreed upon portion of the proceeds from the sale.

The following are our guidelines to ensure a pleasant experience for both parties:

What we expect of your item:

  • It is an authentic designer item of a brand that we buy
  • It is new, like new or gently used
  • It is in very good to mint condition
  • It has a resale value of at least $500

What you can expect us to do:

  • Authenticate, photograph, merchandise, lightly clean, and list your item
  • Assume responsibility for answering questions, packing, and shipping items to a customer
  • Attempt to obtain a fair selling price for your items
  • Take reasonable care of your items while in our possession, including adequate insurance against damage and loss
  • Return your item to you if, for any reason, we cannot adequately authenticate your item, so as to be able to guarantee it

Our savvy shoppers know to come to us for the best and will continually return to see new arrivals. As a result, we have set high standards to ensure they view the quality designer items they crave. Luxybit reserves the right to refuse listing an item on our website if it does not match these standards. 

Partnership: In our attempt to obtain the highest possible selling price for you, Luxybit has sole control over price, based on designer, style, condition, and experience. Given the changing nature of fashion trends, you should be aware that items may not sell at the original consignment estimate price.

Consignor Compensation: We keep it simple. We charge a low 30% commission. Our base fee is 30% of the selling price (you keep 70%). Additional transaction fees including credit card fees and marketing fees are all covered by us. Luxybit issues payment within 1 business day of selling your item.

Consignment Terms: Luxybit reserves the right to cancel this agreement at any time and return any item to the Consigner. Each item is listed for a minimum of 90 days.If you wish to have an item returned to you before the 90-day term has completed, there will be an early cancellation fee of $100.Please note, there is no fee to return an item that has been with us for more than 90 days. We will also pay the return shipping fees on these items. 

Other Sales Channels and Venues: To expand the audience for your luxury goods, some of your items may be listed on other sales channels and websites. When posting on third-party sites and services we reserve the right to increase the list price of your consignments to offset the additional taxes and fees incurred from a successful sale. In these cases, to accommodate the additional expenses for these services, the amount paid to you will be based on the net sale price before the venue-specific price increase.

Agreement: By signing this agreement you are agreeing to all of the terms above and testifying that you are the lawful owner of the merchandise you are consigning with us. You also understand that the entirety of your agreement with Luxybit is contained here and may not be amended without our written consent. Please completely fill in this form and include it in your first consignment and it will be valid for one year from the date below. We will keep it on file for any future consignments from you. Print Consignment Agreement

Consignor’s Name (printed):

_________________________________________________________________________Address:

_________________________________________________________________________

City:_______________________________________________________State_________

Zip______________________

Telephone:_______________________________________________________________

Email:___________________________________________________________________

Signature:_______________________________________

Date: ___________________________________________

 

Please fill out the consignment agreement, include it in your shipment, and send your consignments to:

LUXYBIT
1100 Bellevue Way NE, Suite 8A #586
  Bellevue, WA 98004

If you have any questions, please contact us:

By email: sell@luxybit.com  By phone: 206.880.1218

 

Please list all consignments individually below: 

 

_________________________________________________ 

_________________________________________________ 

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