What are consignment auction items?
They are ready-made packages a nonprofit uses in a fundraiser at no upfront cost. You pay the provider's minimum price only if the item sells. If it does not sell, you owe nothing. This model is also called risk-free auction items, zero-risk auction packages, or no-upfront-cost auction items. Examples include a Wrigley Field rooftop night, a Las Vegas VIP weekend, a Nashville Country VIP Weekend, and a Kentucky Derby First Turn package. For the live catalog, see risk-free auction items.
