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Old 11-28-2006, 11:56 AM
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Default Auction Houses selling their own stuff

Posted By: Hal Lewis

Yep.

We all know that a real consignor CAN bid on their own items if they really want to do it... by just having a friend set up a bidding account and bidding for them.

BUT... in those situations... the "friend" has to pay the 20% buyer's fee on every item that he shilled and got stuck winning. This could get expensive.

That is NOT the case when an auctioneer is selling his own items in his own auction.



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