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Old 01-16-2008, 07:16 AM
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Default REA consignments

Posted By: barrysloate

Josh- the consignor is free to share anything he wants, no disagreement there. Perhaps it would be better to share it privately among friends. A chatboard is just a funny place to put information like that. As far as Mastro having a banner ad advertising 0%, that was paid for and they made a business decision to post it. REA probably wasn't all that happy to see that post, as it wasn't their decision to provide it.

When Steve first posted I felt his enthusiasm- he wanted to share that he was consigning material to a major auction (and I believe for the first time). He could have discretely left it at that.

And I agree auction houses compete for consignments and it's fair to say they need the consignor more than the consignor needs them (although you can argue an auction sometimes gets spectacular results, greater than a seller even thought his material was worth). But I'm still going to stick to one thing- confidentiality is certainly appropriate in business transactions.

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