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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Today's Featured Article - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
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