Quote:
Originally Posted by DezHood
I was thinking something similar - I was going to ask how much you would pay in eBay/PayPal fees and compare that with consigning the card/item(s). I think if you consign it though, you'd be looking at an auction whereas with eBay you could list a BIN if you wanted.
In my opinion though, there really is no such thing as ZERO sellers fee. I always calculate the Buyer's premium into my bid. For example, if I would bid $472 on eBay, I'd only bid $400 at an auction house to account for the 18% buyer's premium.
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Yes exactly so, frankly I am surprised to hear Scott say that. The consignor gives up a cut to the house whether it's called a seller's premium or a consignment fee or a buyer's premium. Just because it's in the form of a reduced hammer price is really irrelevant to the math.