7+ Furniture Consignment Store Fees & Commissions

how much do furniture consignment stores charge

7+ Furniture Consignment Store Fees & Commissions

Consignment pricing buildings for furnishings usually contain a percentage-based charge deducted from the ultimate sale value. This proportion can range considerably between shops, usually starting from 20% to 60% or extra, relying on elements such because the merchandise’s worth, situation, and the consignment store’s insurance policies. As an illustration, a higher-end piece would possibly command a decrease fee for the vendor in comparison with a mass-produced merchandise. Some shops may implement tiered fee buildings the place the share modifications primarily based on the ultimate promoting value.

Understanding these pricing fashions is important for each patrons and sellers. Sellers can use this information to check consignment choices and select essentially the most worthwhile association. For patrons, consciousness of fee buildings can supply perception into pricing methods and probably create room for negotiation. Traditionally, consignment retailers have offered another market, enabling sellers to recoup some worth from undesirable objects whereas providing patrons distinctive or discounted items. This follow continues to thrive within the fashionable financial system, usually facilitated by on-line platforms and evolving enterprise fashions.

Read more