Consign With Us
Email: info@lostandfoundresale.com
Photos: Pleasse send multiple images showcasing your items.
Essential Information: Please include the brand name, origin of purchase, age, current condition, and original retail price if available.
Upon receiving your email, our team will review each submission. We strive to respond within 48 hours with our decision. We will reply with delivery information if items are accepted, or we will refer you to other shops if the items are not a good fit for our clientele.
for accepted items.
Once Items are Accepted
Upon acceptance of your items, we will reply to your email with a list of recommended delivery companies. Please note that while we recommend these companies, they operate independently of Lost and Found Resale, but are fully insured. We advise you to directly confirm pricing and other details at the time of booking. Typically, the standard rate for these services is between $85 to $95 per hour, which includes two movers and a box truck.
Consignment Terms
The Lost & Found Resale offers a 50/50 split of the selling price under a 90-day consignment contract. All correspondence will be conducted via email, so there is no need to accompany your delivery to the shop. We will email out a contract and inventory list once all items are priced for sale.
Post-90-Day Options:
Should your items remain unsold after this period, we provide two convenient options. We can donate the items on your behalf to a veterans charity that we work with, or you are welcome to retrieve your items. Please note that collection must be completed by the 97th day, as beyond this point, the items will be absorbed into our inventory or donated on to our selected charity.
Extension and Adjusted Split (Subject to Eligibility):
In rare instances, based on the item's potential and market interest, we may offer an extension of the contract for an additional 30 days. In such cases, the consignment split will be adjusted to 65/35% in favor of Lost & Found Resale.
Pricing Structure
We strive to set prices at 30-50% of the original retail value, a range that reflects the condition and market desirability of each item. If no retail pricing is found, we will price based on experience of like pieces
Condition and Acceptance
If an item's condition does not align with the expectations set, we reserve the right to refuse said item & will notify consignor. If an item requires cleaning upon arrival, but still meets our criteria for acceptance, a cleaning fee of $25 will be applied per item. This fee will be back-charged to your account.
Additional Fees and Discounting Policy
Please be aware that a 3% credit card processing fee will be charged against your account for purchases made using a credit card. As outlined in our contract, your items may be subject to a 15% discount after 30-45 days and a 35% discount between 60-90 days. However, these discounts are not automatic and are applied based on the item's performance and market conditions. Our pricing and policy framework is designed to balance fairness and market dynamics, ensuring that your items are positioned for successful resale while maintaining the integrity and exclusivity of our collection at Lost and Found Resale Interiors.
Check Issuance and Collection
Consignment checks are printed on the 10th of each month, reflecting sales from the previous month.
In-Store Collection:
Local consignor checks are available for pick up at our shop after the 10th of each month. Out of state, or out of the metropolitan area checks will be mailed out. Checks can be mailed out on request, on a monthly basis.
