# Consignor

> The person or organisation that entrusts objects to an auction house for sale. The consignor agrees the commission and reserves with the house, and receives the net proceeds after the sale.

- URL: https://www.selloff.auction/glossary/consignor
- Language: English
- Also known as: Vendor, Seller, Consigner
- Last updated: 2026-10-07
- Français: https://www.selloff.auction/fr/glossaire/deposant.md

## Definition

The person or organisation that entrusts objects to an auction house for sale. The consignor agrees the commission and reserves with the house, and receives the net proceeds after the sale.

Consignors range from private individuals and estates to dealers, collectors and institutions. Many of them also buy, which is why a single client record for both roles is useful.

In Selloff, a contact can be a consignor and a buyer at the same time. Consignments, receipts, lots, results and statements are all reachable from the client record, and documents sent to the consignor are logged in their activity history.

## Related features

- [Consignor management](https://www.selloff.auction/features/consignor-management.md): Set commission, lot fees, insurance, broker and representative per consignment, group lots under receipts, and keep each consignor informed from one page.
- [Consignor settlements](https://www.selloff.auction/features/consignor-settlements.md): Generate consignor statements for a whole sale, deduct commission, fees and VAT, pay consignors once buyers have paid and export transfers to your bank.
- [Client records & history](https://www.selloff.auction/features/client-records.md): One record per contact with addresses, ID and bank details, tags, consignments, bids, invoices and a complete activity history shared by the whole team.

## Related terms

- [Consignment](https://www.selloff.auction/glossary/consignment.md): The act of entrusting objects to an auction house to be sold on the owner's behalf and, by extension, the group of lots entrusted by one consignor under the same terms. The consignor remains the owner until the sale.
- [Consignment receipt](https://www.selloff.auction/glossary/consignment-receipt.md): The document an auction house issues when it takes in objects for sale, listing the items, the consignor and the agreed terms. Signed by both parties, it is the reference for every later step.
- [Consignor settlement statement](https://www.selloff.auction/glossary/consignor-settlement.md): The statement sent to a consignor after the sale showing each lot's result, the hammer prices, the deductions (seller's commission, fees, insurance) and the net amount payable.
- [Seller's commission](https://www.selloff.auction/glossary/sellers-commission.md): The fee the auction house deducts from the hammer price when settling with the consignor, usually a percentage agreed in the consignment contract. Lot fees, insurance or other agreed costs may be deducted as well.