Posted by jm. on November 14, 2017 at 19:07:37 from (172.242.173.117):
In Reply to: Re: auction today posted by philip d on November 14, 2017 at 17:20:31:
That is just not so in this part of the country. You go to the auction knowing that if you BID 10 dollars it is going to cost you 11. Simple as that. Now granted the dumb guy that does not account for the bid premium may out bid you but when he goes to pay he will get a quick lesson in what he has spent. Pretty much the norm now day around here auction company is getting paid more or so they can advertise more. When one goes to looking for auctioneers as a seller you just have to make a decision on who is going to get me the most money for what I am selling. If I made the statement I wont go to auctions where there is a buyers premium I sure would have less auctions to attend. There is no argument that the auctioneer is getting paid more but one just has to remember the cost of bidding.
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