Quote:
Originally Posted by BobC
Exactly right, and totally agree. But, I'm also thinking in terms of there maybe being some bidders who prefer to only bid with Goldin, and vice versa. And I'm going further out on a limb and guessing a Goldin fan/bidder is more likely to use Goldin's vault than an REA fan/bidder is likely to use any vault. Other than that, no real rationale, just mostly pure guessing.
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You could be right. Obviously the integrated auction houses cum vault operators hope that the convenience of their integrated operation makes their vault much more attractive to potential users.
And I suspect you’re right that the user base may vary a bit between these two AHs, although I also suspect the profile of buyers at the 6-figure level between these two platforms varies less.
And with a 5-figure sales tax bill in the offing, I suspect a vault might seem less odious to the purchaser.