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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I agree with you, and it is me as a seller the fees make a difference to, much more than me as a buyer.
I think probably many auction sites negotiate lower fees for higher priced items. I know all the ones I have worked with do.
The reduced fees are usually not passed along to the buyer though, rather they are rebated to the seller. In other words, if an AH adds 18% to the hammer, they could be sharing part of that with the seller.
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