There are very good reason the owners of an auction house charge the percentages that they do. I would suggest talking to one or two auction companies and see what their actual overhead expenses are and the time commitment needed to put together an auction. I think you'll find it is a bit more than you expect.
As far as ethical auction houses, they are out there and get mentioned here from time to time.
A few other things to consider, who is responsible for when something doesn't go right, storing the items, or shipping? Despite multiple threads, this board has never been able to reach a consensus on how an auction should end. I'll let Leon or one of the other members who own or have owned an auction house speak of their experiences, but I just think you are greatly over simplifying the logistic of running an auction.
DJ
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Current Wantlist:
E92 Nadja - Bescher, Bridwell, Cobb, Donovan, Doolan, Doyle (with bat), Lobert, Mathewson, Miller (fielding), Tinker, Wagner (throwing), Zimmerman
E/T Young Backrun - Need E90-1, T216 (all versions)
E92 Red Crofts - Anyone especially Barry, Shean, and Evers
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