What is a payout schedule?
A payout schedule is the policy that determines when and how a consignment store pays consignors for items that have sold. It sets expectations on both sides: consignors know when to expect their money, and store owners can plan around their cash flow.
A payout schedule is separate from the consignor split — which covers how much a consignor gets — though both typically appear in the consignor agreement.
Payout schedule types
On-demand. Consignors can request a payout whenever they want, usually once their balance reaches a minimum threshold. This gives consignors flexibility but can create unpredictable cash flow for the store.
Scheduled. The store pays out on a fixed cycle — monthly is most common, though some stores pay weekly or quarterly. Predictable for everyone, and easier to manage in bulk.
At end of consignment period. Consignors are paid individually when their consignment period ends.