I've been an Auctioneer here in S.E. Ohio for several years and haven't charged nor will I charge a buyers premium. There have been a few that have tried it but it just doesn't work around here. I charge 15% plus advertizing. the set up is at my expense and so is the auction crew on auction day. the only other thing I charge is for the actual cost of the porta johns. Now if I have a lot of large equipment then we can haggle over the commision with the owner and usually drop to somewhere between 5 and 10% for those items. The buyers premium around here is usually partially in lieu of the owners paying full commision, thus if a 10% buyers premium were charged then the owner would only pay 5%, making the 15% commision. My thoughts are why should someone that's buying an item have to help pay for selling it, just never has set right with me. Keith
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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