How often do consignment shops mark down unsold items?

Markdown schedules vary, but many consignment shops lower prices gradually the longer an item sits. For example, an item might be reduced after a few weeks, then reduced again later in the consignment period. Furniture shops and clothing shops often follow different timelines.

The idea is to give each item a fair chance at full price, then lower it to attract buyers before the period ends. Markdowns help the shop keep inventory fresh and help you get paid rather than collecting unsold items.

Ask about the markdown schedule before you consign. If you are not comfortable with an item being reduced, ask whether the shop allows a minimum price, or consider another way to sell that piece.