• Research Can Help Avoid Consignment Scams | Planet Antares Scam Solutions

    Date: 2010.10.19 | Category: How to | Tags: ,,,,,,,,

    Since the recession began, planet antares scam solutions has found that consignment shops have been doing a brisk business.  Unlike second-hand stores, consignment shops display merchandise that belongs to individuals without actually owning the goods for sale. Once an item is sold, the consignment shop gets a portion of the proceeds and the rest goes back to the item’s owner.  Furniture, expensive clothing, antiques and household goods are often found in consignment shops.

    While selling something on consignment does offer some advantages over using newspaper or online advertising sites, consumers can be victimized by consignment scams. Here are a few tips to help make consignment sales safer and easier for you.

    Before agreeing to sell items on a consignment basis, determine what the market value of the item is.  Properly pricing an item can not only help make the sale happen faster, it also lets the consignment dealer know that you’re paying attention. Planet antares scam suggests making an inventory of all items you plan to turn over to the consignment shop.  Document each piece separately and photograph everything.  Also, contact your insurance company to find out what effect relocating the goods will have on their coverage.

    Research the consignment dealer before handing over your merchandise. Ask the dealer for recent customer references and follow up with them. Check with the Better Business Bureau and the Attorney General in your state to see if the consignment dealer has been the subject of any complaints.  Find out how the complaints were resolved before you turn over your merchandise.

    Do not make verbal agreements with a consignment dealer. The entire consignment contract should be in writing. Read the consignment contract thoroughly and make sure you understand every provision. If you do not, planet antares scam suggests asking a lawyer for assistance.

    Do not turn over your consignment items by yourself. Have a friend present who can attest to what was turned over to the dealer. Get an itemized list from the dealer of all materials s/he has accepted for consignment.

    Understand how the dealer plans to inform you of a sale, and how long after the sale occurs can you expect to get your money. Ask for an accounting of what has been sold each time you receive payment. Check on your consigned items periodically to make sure they have not been sold.  If your items are no longer on display, ask the consignment owner where they are. If they’ve been sold, ask for payment immediately, or according to the terms of the consignment contract.

    If the consignment dealer does not appear to be following your agreement, demand payment or return of your goods immediately. If the dealer cannot produce either the merchandise or payment, contact an attorney for legal advice.