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What do you consider a reasonable auction buyer's premium ?
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oldbob
Posted 12/27/2014 20:12 (#4268755 - in reply to #4268724)
Subject: RE: What do you consider a reasonable auction buyer's premium ?


West Cental Arkansas
Most equipment auctions I attend do not have buyers premiums. In the rare instances where buyers premium is used it will be 5% on equipment.

One real estate auctioneer has a 10% buyers premium.

Most people here despise buyers premiums.
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