Quote:
Originally Posted by oldjudge
Ken--with several major items failing to meet their reserve, how about waiving the buyers premium on these items so that they may sell? If they don't sell you don't get the buyers premium anyway.
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on some of those items, the consignor reserves are actually higher then the posted reserve, and I am going to be giving them a nice portion of my BP to make up the shortfall so they get their reserve in full.
I actually do not even know if I am legally allowed to waive BP in an auction, but believe me, I want to make these sales and will do whatever is legally possible for me to do so.