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Coon Rapids,Iowa | This has been discussed before. I am an auctioneer and think it is B.S. To charge a buyers premium.
I have been in the business for over 30 years and have never charged a buyers premium and never will. We as auctioneers are working for the person or people that hired us and they are paying us a commission. Why should we charge people who come to the auction to spend their hard earned money more than what they payed. It is just like charging someone that goes to a show or movie, then asking them to contribute more during the show because the producers or actors need more money for who knows what reason. We are working for a commission and if we don't work hard enough, then we don't deserve anymore. I will probably get flamed for this as I am getting older and more set in my ways, but these high flying auction companies that try to get auctions all over the country are just trying to take over more and more territory and shut the locals out. We stake our reputations on honesty and fairness. Auctioneers that need extra $ are just feeding their own pockets are being greedy and not doing the job they were hired for.
I apologize for the rant, but I have always felt that I have done my best for a customer and felt confident that they were satisfied with the job that I have done without trying to be greedy.
Steve Seidl
Seidl Auction | |
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What do you consider a reasonable auction buyer's premium ?
