Consignment Procedures & Rules:
How to consign with us?
- To become a consignor, sign up at: https://sell.legacykop.com/signup; make sure to use the same name as the bank account name that you will use to request payout. No nicknames or usernames.
- Email Consignment @ LegacyKOP.com that you've signed up so that your account can be enabled.
- Once your account has been enabled, you may then login by going to https://sell.legacykop.com/login. As a seller, please do not attempt to login via the Shopify homepage [www.LegacyKOP.com], that is a completely different website and is intended for buying only.
- Once you add your address & phone number to your profile, the selling tab will then enable.
- You can now click the icon on the left pane and click sell to start adding inventory you intend to sell with us. Just list your items and bring them in, no need to print the QR code.
- We do not accept Consignment drop-offs on Saturdays. You are welcome to drop-off at any time during business hours on the other 6 days. The only exception here is - any new releases released on that Saturday or the Friday before can be dropped off on Saturday.
- Generally we try to get everything accepted and posted within 48 hours. But during/after the holidays it can take up to 5 business days for your items to be accepted and made live.
Rules & Polices:
- The consignment rate will be 85/15 split. 85% of the sale goes to the consignee and 15% to the store.
- All inventory must be added to this consignment portal before drop off occurs. Once the inventory is dropped off it will be authenticated and audited, once it clears the vetting it will then be made live. We aim to get everything on the floor within 48 hours, but depending on how much we have received, it can take a little longer.
- You will be able to manage your inventory and adjust prices in real-time.
- Once a shoe is entered into our portal and dropped off, the item(s) must stay in store for a minimum of 30 days. If a pickup is done before the 30 days, a 15% fee will be charged.
- In an event that your dropped off shoe does not pass authentication, you will be charged a 15% retrieval fee for the time and efforts we invested in auditing your shoes. We take this business very seriously, you will be completely banned from our store if you attempt to bring any fake items to us.
- Prices must be in increments of $5.00; if a price such as $373 is entered, it will be rounded up to the next increment of $5, which would be $375.
- We do not allow undercutting, we will set a lowest threshold for new releases. If you're unsure of the threshold, please email us. If you price your item under the threshold, we will update the price to match the threshold amount. Repeating offenses can result in a ban to sell with us. You may list as high as you want but not too ridiculously over the top.
- If there is an item listed at a fair price, please do not undercut the price while listing your item. You are encouraged to list at the same price or higher. If the item still does not sell after 30 days, you may then contact us to lower the price.
- If you consign clothing with us, and do revise your price, please email us so that we can update the price on the tags on the floor.
We reserve the right to refuse any product we feel is priced over the top.
- Any pre-owned shoes being consigned must be in 9/10 condition or better. We do not do any cleanings here so be sure to prep (clean & lace) your shoe accordingly before drop off. Any shoes without boxes will be required to purchase a shoebox for $4.
- We do not accept any sort of custom or painted items.
- If you'd like to ship in your consignment items, please email Consignment @ LegacyKOP.com with your tracking number so we can anticipate your package.
Payouts - You can request a payout up to 2 times a week. Simply drop an email to Consignment @ LegacyKOP.com and we will process it within 24-48 hours. Please do not send a IG/Facebook message. In the near future you will be able to request payout with the click of a button.
What we do and do not consign
|Popular sneakers by Nike, Jordan, Adidas, Reebok, New Balance etc..||Any luxury brands such as but not limited to: LV, Gucci, Balenciaga|
|Most Streetwear brands, such as: Supreme, Palace, Undefeated, Stussy, KITH - All clothing must be BRAND NEW||Any used clothing|
|Supreme Accessories: must be of minimum $40 value||Clothing from: BAPE, Off-White, Anti Social Social Club, VLONE|