If You Started An Auction House Today...
Other than rates (because every rate discussion here always shows that people think auction houses can run on a different gross margin than literally every other business in the world) with an eye especially to the challenges the hobby is facing today. What would you do if you were starting an auction company?
Remember you're starting from scratch, you're not REA and you have to build a consignor AND buyer base.
What policies would you have for altered cards? Would you sell them and merely note the problem? Would you refuse to sell them?
What would you do when you accidentally sell an altered card? Eat it and pay out of pocket? Make the consignor pay (somehow) refer it back to the TPG?
What other major issues do you see that need addressing?
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