Depot

Sales Agreement

Depot, herein designated as Depot and Sell It Now!, Inc., a division of Polygon Industries, Inc. is herein designated as Sell-It-Now. A customer, herein designated as Seller, hires Depot and Sell-It-Now to perform the mechanics of selling an item owned by Seller at auction through auction companies eBay or Amazon. The item may be a collection of items. The terms of the auction company will be followed.

What. Seller will provide name, mailing address, and a minimum sale price. Seller will deliver the item to Depot and leave the item until all auctions are closed and finished. Once  started, the auction may not be stopped nor the minimum price changed. Seller may not cancel the sale. If the item is sold, Sell-It-Now will pick up the item from Depot and ship it by common carrier to the buyer.

Freight. The Buyer will pay the freight cost.

Do. Sell-It-Now will photograph, describe, and submit the sale to the auction company. If the auction bid reaches the minimum sale price, Sell-It-Now will pick up the item from Depot and deliver the item to the Buyer and collect the payment.

Follow the Auction. Go to our web site and click Status or type www.SellItNow.net/Status.htm into your browser to click on the eBay auction to see the payment status.

Payment. If payment is not received by Sell-It-Now from the Buyer, of if the Buyer refuses delivery of the item, it may be sold to another bidder at his bid price, but never below the minimum price. Otherwise, it will be returned to Seller.
The payment will be mailed to Seller by Sell-It-Now when the funds are cleared by the bank and when the Buyer has accepted the item. The Buyer has five business days to notify Sell-It-Now that the item will be returned or is not acceptable. The Commission will be deducted from the payment and retained by Sell-It-Now.

Loss. If the item is damaged, lost, or stolen, Depot or Sell-It-Now will sell the item for the best price and give the Seller  the minimum price specified in this contract.

Not Sold. If the item is not sold, it is because the Minimum Price was too high. The Seller may: 1. Run another auction with a lower price, or 2. Reclaim the item and take it home. If the item is not Reclaimed 90 days after the auction, it will be sold for the highest offer with a minimum bid of $0.00 or given to Goodwill Industries.

Listing Fee. The item will start the bidding at $1. Alternatively, The Seller may submit a fee of $10. with the item and set the starting bid at any price. Of this, $5. will be retained by Depot, part will go to eBay for their Listing Fee, and the rest will go to Sell-It-Now. This fee refundable only if the item is sold.

Fee on Sale. If the item is sold, Sell-It-Now will deduct a Fee from the sale price; the payment received from Buyer.

Of this, part will go to Depot, about 5.25% with go to eBay for their Final Fee, and the rest retained by Sell-It-Now for their fee.

No Change. This written contract sets forth all the terms. There may be no verbal changes or additions to the contract.

Sell It Now!, Inc.

P. O. Box 24096, New Orleans, LA     70184 504-451-5721

email: mail@SoftExp.net
www.SellItNow.net