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What do you consider a reasonable auction buyer's premium ?
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Big Ben
Posted 12/27/2014 20:17 (#4268770 - in reply to #4268724)
Subject: RE: What do you consider a reasonable auction buyer's premium ?


Columbia Basin, Ephrata, WA
I think 10% capped at $250 per item is enough for a buyers premium. Auctioneers can spend a ton of time selling little crap, but to tack thousands of dollars on to the bid price of larger items seems like a bit much.

I'm good at math, I don't mind a buyers premium, but I'm a little surprised sellers allow them just for how many bidders they apparently turn off.
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