Trading Assistant Contract
Olen Batchelor, Auction Einstein (Trading Assistant) accepts as
listing agent for eBay sale from _________(Seller), the items listed
on the attached inventory form. Seller warrants to Assistant and
any subsequent purchaser that Seller has full title to all the items
to be sold. Seller also warrants that all information regarding
the items is true and correct and will pay a fee of $100 for negative
eBay feedback resulting from misrepresentation of item(s).
Seller will pay $150 as non-refundable research and listing fees
for profession quality eBay listings and photographs. In addition,
Seller will pay $150 successful auction fee upon the sale of the
item. Any sale resulting in any way from the eBay listings will
be subject to this fee and Seller warrants that information regarding
the sales of items and their sale prices shall be true and correct.
Payment of successful auction fees will be made by Seller within
5 days after receipt of payment from the buyer.
Seller remains as owner of the item until buyer has received and
accepted same. Seller agrees that Assistant is hereby appointed
and is acting solely as listing agent for the Seller in selling
If Seller decides to withdraw the items for sale from the auction
before the item is sold, Seller must notify the Assistant by email
or phone. Seller will be responsible for an additional $100 fee
plus any additional fees incurred if the item is withdrawn from
sale after the successful completion of an auction, or if Seller
fails to follow through on the sale. Seller acknowledges that the
amount of the listing and research fee originally paid was based
on the Assistant's anticipation of receiving a final fee upon the
sale of the item(s).
Seller is responsible for eBay relisting (maximum $55.00) fees
to be added, to successful Auction Fee. Seller may relist one time
at no extra cost in service fees. Seller pays only additional eBay
listing fees which are only $25 if the item sells.
Prior to listing any of the items for sale, Assistant and Seller
shall establish a reserve price for each item. If the reserve is
not met, Assistant may agree to relist item(s) one time with no
additional charges beyond the eBay relisting fees. Or he may agree
to sell the item for less than the agreed upon reserve amount. In
such an instance, the fees remain the same.
This contract shall be for a term of 2 months beginning on the
This agreement constitutes the entire understanding of the parties
signing it. It cannot be changed without written permission of both
Should any disputes arise concerning any matter referred to in
this contract, both parties will refer the dispute to arbitration.
This contract is governed and shall be interpreted under the laws
of the State of Tennessee. I have read the terms above and agree
to them this __th day of _______, 2005
_______________________ Seller ________________________Consignee