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Consignment Agreement Template

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Updated January 04, 2026

A consignment agreement allows a party seeking to sell property (consignor) to let someone else handle the transaction on their behalf (consignee). It does not transfer ownership of the item being sold to the consignee. A commission or fee is commonly paid to the consignee if a buyer is found.

Key Features

  • Defines who gets what. Clearly defines the financial arrangement, mainly, how much the consignee is paid for selling the goods.
  • Proves ownership retention. Even though the consignee will take possession while attempting to sell the goods, an agreement defines that this does not constitute a transfer of title.
  • Controls pricing ($). Allows the consignor to set the suggested price, but with the consignee having the power to allow discounts or deductions.
  • Handling returns. Sets the rules for goods that are returned and the process for refunding the money back to the consignee (or deducting from future sales).
  • Protects against abandonment. To reduce the chance of unsold inventory, the consignee is protected by being allowed to dispose of items that do not sell (and are not retrieved by the consignor).

By Type (2)

Single-Item – When a single item is being sold. This is common for higher-priced items such as a vehicle, jewelry, a painting, or other one-off sales.

Download: PDF, MS Word, ODT
Multiple Items – When multiple items are being sold, a consignor-consignee relationship is started. It includes an attached addendum that acts as an inventory checklist and the suggested price for each item.

Download: PDF, MS Word, ODT

Consignment Fees (%)

Common Fees
Agriculture/Produce 10%[1]
Antiques 60%[2]
Art 60%[3]
Auction 30-50%[4]
Books 40%[5]
Clothing 40%[6]
Equipment 5-10%[7][8]
Firearms 15-25%[9][10][11]
Furniture 30-50%[12]
Jewelry 25-50%[13]
Livestock 2-12% plus a “head fee”[14][15]
Retail 40%[16]
Stock 1-2%[17]
Vehicles 10-15%[18]

Important Clauses (7)

1. Exclusivity

An exclusivity clause allows the consignee to be the only seller of the goods or must share this right with other parties, including the consignor.

  • If exclusive, the consignee is owed a commission no matter who sells the goods.
  • If non-exclusive, the consignee is only owed a commission if the sale of the goods is conducted through them, directly or indirectly.

2. Term

The term is the time period or how long the consignee has to market and sell the goods.There are typically two types of arrangements:

  1. Ongoing Basis. The agreement continues until canceled by either party.
  2. Fixed Dates. A start and end date.

3. Selling Fees

The selling fees are how much the consignee is paid for selling the goods. This is commonly a percentage of the total amount or a flat fee.

4. Other Fees

The other fees could include a listing fee or a flat fee for handling the transaction. This is in the event that there are other expenses by the consignee as part of the transaction.

5. Discount Authority

The discount authority is the consignee’s ability to negotiate a lower price with potential buyers without obtaining the consignor’s permission.A consignor will typically enter a list price and a minimum price, and the consignee is able to negotiate the difference with the discount authority.

6. Payout Schedule

A payout schedule is when the consignee is required to pay the consignor after the sale of the goods.

  • Single-item. Payment is commonly due within 30 days after the sale is complete.
  • Multiple items. For an ongoing relationship, payment is usually conducted at the end of each month.

7. Inventory of Goods

An inventory of goods is meant for multiple items being sold by a consignee. It should include a description, condition, quantity, list price, minimum price, and any notes for each item being sold.

Sample

Download: PDF, MS Word, ODT


 

Sources

  1. www.svproduceauction.com/seller-info/
  2. www.bestconsignmentshopsoftware.com/consignment-percentage.htm
  3. www.madeurban.com/blog/what-is-a-fair-consignment-percentage/
  4. www.nesa-usa.com/how-much-to-pay
  5. www.odysseybks.com/consignment-odyssey
  6. www.charlottebcloset.com/how-much-do-consignment-stores-charge/
  7. www.jerremartinrepair.com/consign.htm
  8. www.cattletoday.com/threads/commission-rate-for-selling-equipment.122295/
  9. www.centermassinc.com/consignment
  10. www.thebunkergunshop.com/consignment
  11. www.support.gunbroker.com/hc/en-us/articles/29618999336987-Sell-your-Gun-with-Confidence
  12. www.blog.remoovit.com/2024/12/01/how-much-do-furniture-consignment-stores-charge/
  13. www.jewelersmutual.com/resources/individuals/how-buy/where-sell-jewelry-your-options-explained
  14. www.superiorlivestock.com/terms-conditions/
  15. www.atlanticprojectcargo.com/insights/us-livestock-auctions-a-complete-guide/
  16. www.bestconsignmentshopsoftware.com/consignment-percentage.htm
  17. www.sofi.com/learn/content/average-stock-broker-commission-percentage/
  18. www.centralauctiongroup.com/auction-fees-expenses/