Around here, west-central Wis, several auctioneers and auction companys charge a buyers premium of 13% less 3% if you pay cash. I try to stay away from auctions with buyers premiums. 1 auctioneer told me "everybodys doing it--get use to it" He can get use to seeing me less. One MN. auctioneer told me he wouldn't have got an auction if he didn't charge the 10% to the seller and 10% buyers fee. Like I really care. I wish more people would complain to the auctioneers about this. We have an auction company in our area charging [on a consignment, Farm Machinery, sale] a 15 dollar consignment fee, for all items consigned, plus 15% of the selling price, I belive up to 500 dollars. then percentage drops. It is showing in the last auctions--hardly enough machinery to have a sale.I would like to see the greedy auctioneer, the one, charging a buyers premium, go out of busines.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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