CONSIGNMENT SALES INFORMATION
Have models you want to sell? Your own collection, or an estate? Before you sell them cheap, contact us!
Here's how it works.....
We would only want models that are in excellent/mint condition (new in box models are also fine), unless they are older/rare models that we can sell in spite of condition. Models that have been played with that have rubs, scuffs, breaks, scratches, etc., do not sell well as many collectors only want them for remaking. If you have a list of models you want to email to us, we can help with suggestions as to which models we would be interested in. We may also ask for group photos if you don't know what you have. You can use the contact us form to get in touch with us.
Once we have worked out which models you would send, you will be asked to electronically sign the consignment terms.
Once you have agreed to the terms, then we would have you send the models to me (you will receive information on sending them when we get to that point). We do not want models sent prior to written agreement, and we would only want models that we agree to take. You send the models to us (at your expense). You can also bring them to us if you are not too far and want to drive here (We are located in Dowagiac, Michigan). We can price the models for you when they arrive, or you can price them (before you send them, so we know what you are wanting to get). If you price them and we don't feel we can sell them at that price, we would let you know. Once we have the models, we will inventory them with condition along with our suggested price(s), which you have to approve if we are pricing them. Then we take pictures of them and add them (with descriptions) to the website. If you have item names/item numbers for them, that will also be helpful. If you don't have names and numbers, we can do that as well, it just means it takes a bit longer to get them live on the site because we have to look up all the information. We also put on the website that offers are accepted, and if we get offers, we let you know and you make the decision to accept, or make a counter offer. We do not accept offers without your approval. Prices can also be reduced at any time at your request. In addition, if things aren't moving after some months, we may suggest lowering the price.
We will take care of packing and shipping the items, and we keep all shipping charges we collect. We only take PayPal (as well as checks and money orders), but credit card orders are also processed thru Paypal. You are responsible for any fees associated with those services, INCLUDING fees taken out for the shipping collected (it comes off the price of what you will be paid for the sale of the model). We take whatever the fees PayPal/eBay charges me, which depend on the price of the model and shipping, before we pay you for the model, there are no up front fees.
We charge a 25% commission. In addition to this, with the new tax laws, if the models that we will be selling for you could total $600 or more by the end of the year (December 31), we would have to send you a 1099 form for taxes. There is a form you have to fill out and send to our accountant. We do not want it sent to us as it has your social security number on it. If the amount we send you is not $600 or more, you will not be sent a 1099 form.
We will keep the models listed on my website for as long as you want them up there, but if they are here for months and not moving, we would need to lower the prices to get them moving so that we can accept other consignment models. We can send them back to you at any time, but you would be responsible for any shipping charges to send them back to you, which includes insuring the models for their value. If you want your models back, they would ONLY be returned via USPS, not UPS or FedEx. If there is money that is owed to you at the time of their return, shipping can come out of that. If there is no money owed to you, return shipping charges must be paid before any models will be returned to you.
We can also list them on eBay. All fees for eBay come out of the sale of the horse. We typically put them on our eBay store rather than auction, at a set price. They can be listed to auction or on the online store. The auction costs more to list as far as eBay fees go. The online store is 50 cents per model for us to list it, but the listing stays up there for as long as we leave it there. There are also eBay fees that eBay takes for items selling in the store (which are higher than if they sell on my site using PayPal). We recommend the online store, as there are not “listing” fees to relist if it doesn’t sell. We are happy to do eBay auctions as well, but there are listing fees whenever models are relisted that don't sell. We typically recommend listing them to the website first, and waiting a couple weeks before listing them to eBay, but it can also be done right away.
The items can be listed BOTH in the eBay store and on the website at the same time.
We send your money to you as a check. Usually, we would send a check when you have at least $100 of merchandise that is sold, we don't want to send a check after every sale, but we can send it more often if you request. When we send a check, you are also charged for the stamp to send the check. If you want a money order, there is a $10 fee for that to cover the expense plus our time to go get one.
We also do live Facebook sales, and if you send/bring enough models, we typically start with a Facebook sale because it cuts down on the time listing each model on the site, and it's a much quicker sale for you. If we are not selling a larger amount of your models, then we might add your models to a sale we have with someone else's models, it all depends on when we are having them. We typically don't do a Facebook sale unless we have at least 100 models because they are a lot of organization, and the more models we have the more people who participate in the sale.
Important things to consider. The further you are from me, the more expensive it is to ship, the bigger the box, the more expensive it is to ship. This also takes away from what you will make selling your models, so it's important to consider that when considering if consignment with us is for you. Sometimes, models might not sell for months, and we do have models on our site that have been here for years from collectors who sent me their entire collection to sell. If you are looking to sell your models fast, we can also offer suggestions.