Posted 10/20/2010 09:15 (#1400968 - in reply to #1400914) Subject: Re: Buyer's commission mostly goes back to the seller...
west central Iowa
How does a buyers premium stop you or your buddy bidding on your own item any better than a regular commission? I'm sure if your buddy bids something up for you at bigiron and gets stuck with it they will charge a commission. If PW refuses to accept someone's bid and then applies that bid to the auction and raises the price someone pays that looks like fraud to me.