Quote:
Originally Posted by Fballguy
I can't believe how many of you are fooled by this. Or maybe you have friends in the business...or maybe you are in the business.
If it was an even exchange each and every time...The high bid is the high bid regardless of BP or not....then answer my question. Why confuse the situation with a buyer's premium instead of just taking 20% off the high bid at the end?
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I am not even really sure what your argument is. Taking 20 percent off the top of the high bid at the end or calling it a "buyer's premium" and adding 20 percent is the same thing in terms of total money in the pocket of the consignor. What is there even to get "fooled" on? A card that sells for $1,000 total with a 20 percent BP only nets the consignor $800.
Not just in this situation, but in life as a whole, when your argument comes down to everyone else is wrong and I am the only person who understands what is going on, it is usually time for an honest reflection.
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Last edited by Bored5000; 05-21-2018 at 01:33 AM.
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