Quote:
Originally Posted by Snapolit1
Nothing about my original question had anything to with how this would affect or not affect my potential buying activities. I just asked why AH's don't do it to for their own economic reasons. I then got 15 responses saying who the hell cares and why would it matter to me as a buyer. And then a 5 minutes internet search reveals that Sotherbys does exactly what I suggested. And more why would I care responses.
But, hey guys, I get it. You personally don't care about the buyer's commission. We've all sort of heard that. Many times. Sort of a bit of a broken record at this point. Believe it or not, there was a different question on the table. For some reason Sotherbys believes it is in their interest to have a declining commission rate. Of course Christies does the same thing. Curious why they have a business model different than in our little world.
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So why don't auction houses agree to get paid less by reducing the juice on higher-priced items?
Seems like a self-evident answer.
Obviously it will only happen if one member of the competition moves to that business model. And even then, only if the competition starts eating everyone else's lunch after moving to that business model, thereby forcing the other AHs to match that fee structure.