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Old 03-23-2011, 07:41 PM
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ksabet ksabet is offline
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Join Date: May 2009
Location: Carrboro, NC
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Quote:
Originally Posted by scgaynor View Post
I don't know any auction houses that go after non paying bidders legally unless it is a very high value item. Usually people don't pay because they don't have the money so you can sue them all that you want, but you can't get blood from a stone. An auction house is not going to go through the time and expense of trying to get a judgement that they most likely won't collect on anyway.

Every once in a while an auction house will buy an item that was not paid for, but only for really good consignors or if the item went cheap anyway. My guess is that your contract probably states what happens if the buyer does not pay (I put it in my contract). The standard protocol is that the item is either resold or returned to the consignor.

Scott
Thank you for so eloquently making the point I guess I was failing to articulate.
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