I am a auctioneer that charges a buyers premium. I conduct a consignment auction and charge no commission to sellers on items over $500.00. The same people that are complaining about buyers premium are the first ones to want to sell there items for no commission. People pay to join costco , sams club ,etc. I don't see that as any different. With buyers premium you are still deciding what you pay. If you get caught up in bidding and paying to much with a buyers premium, you will do the same at any auction. Auction co. Have a lot more expense these days. There is a lot of technology with computer clerking, check in and out process have become more efficient , however it is a large investment to make things quicker and more efficient for our bidders. At my last auction we had golf carts to bring people right to auction from parking area , rest rooms, food stand , people to help load and haul items to your vehicle,etc. prices were strong.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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