Quote:
Originally Posted by BeanTown
Maybe we will see AHs absorb some of the cost soon. Buyers now have to factor in TAX. I thnk they should reflect that to the hammer price to see for future sales. Lets bring the BP (buyers premium) back down to 10-15 percent. And while we are at it, all AHs should use a private insurance company to pass on to the buyers. Instead of passing on actual Fedex or UPS insurance cost which is another 3-5 percent of the declared value.
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No chance AH's start reducing their BP's to offset tax, why should/would they take on that burden? Guessing they all already have private insurance, the shipping costs they charge you help offset the policy costs, not just the actual shipping expense.
Maybe not REA though, shipping costs were extremely fair, looks like they are just covering actual shipping costs.