THE TOYMART.COM LTD SERVICE

 

 

ToyMart uses the descending-price/’Dutch’ auction system.

 

 

How we work:

  1. Your collection will be held on our secure premises and insured for the minimum sale value (reserve).
  2. Your collection will be sorted into lots.
  3. Each lot is then carefully photographed and accurately described.
  4. You will be informed by post as to our intended start/maximum* and reserve sale prices.
  5. After you have reviewed our start and reserve prices your lots are then listed onto the ToyMart auction site for sale at the start/maximum price.  If we do not hear from you within 7 calendar days it will be presumed you wish us to go ahead.
  6. Our buyers (we have over 7000 registered users) can now begin to purchase you items.
  7. After 1 week any unsold lots will be reduced in price by 12.5% and by a further 12.5% every week thereafter until such time as the reserve price is reached or the lot is sold.
  8. On purchase of your items we carefully pack your toys (at the buyer’s expense) and despatch them to their destination.
  9. Once all your lots have sold or reached the reserve price we will contact you with the results and to discuss the way forward with any unsold lots.

*The start/maximum price will be equal to what in our opinion is the maximum reasonable retail price.

 

 

ToyMart Fees:

Our standard commission rate to you as the seller is 17%. Individual A+/A (or better) items with a reserve value in excess of £100.00 will be charged at 7%.  VAT will be charged on the commission only.

 

There are 3 easy ways to get your collection to ToyMart: 

  • For a small collection, we strongly recommend that you use insured postal services as a minimum, when sending Toys to us.  ToyMart will not be responsible for lost toys or items damaged in transit.  However, we will make every effort to help in such circumstances. 
  • Alternatively, if you have a larger collection, arrange a ‘pick-up’ which uses our designated carrier.  Any cost related to our courier service will be deducted from the results of auctioning your items. 
  • With very large collections we can arrange personal collection and any fee for doing so will be agreed at the outset.

 

COMMISSION SALE AGREEMENT

 

In order for us to progress your sale through ToyMart.com Ltd we will require an agreement to be signed by you.  This agreement is to ensure that all concerned understand what they are undertaking when selling through ToyMart.com Ltd.  Ensure that you enclose a signed copy of the Agreement with the items you are sending to us.  Please read it carefully.

 

 

AGREEMENT

 

This contract lays out the obligations between ToyMart.com Ltd and the client named below with respect to the selling of the clients own possessions through the ToyMart.com Ltd website.

 

Definitions

Client                     the customer named on this agreement wishing to sell their property via our service

Lot                          an individual or group of toys being sold by ToyMart on behalf of the client.  The Client may have one or more Lots for sale at any one time

Proprietor             ToyMart.com Ltd, ToyMart House, Bilting Farm Business Centre, Canterbury Road, Bilting, Kent TN25 4HF

Toys                        means the items that the client is selling through ToyMart.com Ltd

 

1.                   ToyMart agrees to take all reasonable care of the client’s property and will ensure that it is fully insured whilst at the proprietor’s premises.  We will be fully responsible for the safe keeping of your items once we accept delivery of them.

2.                   The proprietor and the client will agree the start and reserve price of sale for each lot.  The proprietor agrees not to sell a lot to a third party for less than this price, unless the client specifically agrees to this. 

3.                   If we do not hear from you within 7 calendar days of our posted notification of our intended start and reserve sale prices; it will be presumed you wish us to go ahead.

4.                   If the client decides not to sell their toys, the proprietor will return them insured and well packaged but at the clients cost.  The client will also be liable for any initial collection fee and a charge equivalent to 10% of the intended start prices.

5.                   The client will not be able to stop the sale of items if they have been sent to auction under any circumstances. 

6.                  

 
 
After 1 week any unsold lots will be reduced in price by 12.5% and by a further 12.5% every week thereafter until such time as the reserve price is reached or the lot is sold.  The client can agree that all lots should reduce until sold (with no reserve).  If so, please tick this box     

7.                   ToyMart.com Ltd reserves the right to purchase items on behalf of non-internet bidders and itself on any lots.

8.                   The proprietor will forward monies due to the client as soon as possible after the client’s toys have been sold.  This will normally be no later than 6 weeks after completion of the actual sale.  However, in some circumstances the payment may be made in two parts. 

 

Client

ToyMart.com Ltd

Full Name

 

 

No of boxes sent:

No of boxes received:

Received via:

Address

 

 

 

 

 

Tel.

 

ToyMart House

The Highfield Business Centre

1 Simmonds Road

Canterbury

Kent  CT1 3RA

Tel.  01227 760700

Email.  collections@toymart.com

Received by:

Signature

 

 

Condition of boxes:

 

 

Date

 

Date