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It would be an interesting poll to list the top 15 auction houses and their time to pay consignors. I think I know which one would be close to the bottom.
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I have only ever consigned with one auction house. REA. I don't recall how quickly I received payment, but I do recall being shocked at how quickly the check came.
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I got my check yesterday so that was the fastest i ever got a consignment check after an auction end. Thats the good part, the bad part was not getting any piece of the buyers premium (consigned about 10k worth) which resulted in a net loss on the consignment where i had private offers that would of totaled more (so had a realistic chance of making a profit ).
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Is that right you could have agreed with them to get part of the buyer's premium. I've never heard of that
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