Usually you get the full bid amount and the AH gets the full BP (seller's fees would add another wrinkle to this conversation). Your example is a bit confusing because you have a 20% BP but have the AH returning the sale to you minus 5%. What I think you mean is that the AH is offering to give you 5% of the BP (while they keep 15%).
So, if the AH has a 20% BP a $100k bid ends up $120k with the juice. You get $100k, the AH keeps $20k. If the item is worth enough, or you consign enough with the AH, you might be able to get a portion of the BP. Using the numbers above, if the AH agreed to give you 5% of the BP, then you get $105k and they keep $15k.
Last edited by Jobu; 11-10-2016 at 09:16 AM.
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