Posted by Pops1532 on September 12, 2013 at 06:50:06 from (68.58.114.55):
In Reply to: Auction ripoff??? posted by carl reitnauer on September 11, 2013 at 16:40:30:
The auction houses that have the highest commissions usually sell household goods or general merchandise.
One local auction house charges 30% no matter what. Some charge 10% for garage items, 20% for furniture, 30% for household.
Another auctioneer I know charges a flat 10%. Commission rates are all over the place. It's not hi-way robbery. Consignors know up front what they'll pay.
Same with the buyers premium. I'm not a fan of the bp, but I always consider it when figuring what I'll bid on something.
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