MERCHANDISE PRICING definition
MERCHANDISE PRICING. The Consignor initially determines the selling price for the consigned merchandise. However, the Company reserves the right to adjust the price based on its expertise in appraising comparable merchandise. When establishing the price, the Company considers various factors such as brand, age, condition, market demand, and the Consignor's stated expectations. Pricing within the resale market is subjective and subject to periodic reevaluation. By permitting the display and sale of merchandise at Orange Bay Company, the Consignor agrees to the selling price established by the Company. The Company may levy a cleaning and preparation fee on merchandise when deemed necessary. Any merchandise found damaged or unacceptable during the pricing process will be returned to the Consignor or, upon the Consignor's request, donated. The Company does not accept counterfeit luxury items. In the unlikely event that an agreement on merchandise pricing cannot be reached, the consignment will not proceed. CONSIGNMENT CONTRACT: The Consignor must complete a Consignment Contract each time merchandise is consigned. This contract includes the Consignor's address, phone number, account number, and a detailed list of the items consigned on the respective date. It is the Consignor's responsibility to meticulously review the Consignment Contract for accuracy whenever merchandise is consigned. The Company cannot be held liable for any losses resulting from incomplete or inaccurate information in the Consignment Contract.
MERCHANDISE PRICING. The initial selling price for consigned merchandise is established by Alter Home. In determining the price, Alter Home will consider such factors as brand, age, condition, style, marketability, etc.