Quote:
Originally Posted by jjbond
Oh. Being naive, is there much negotiation to be done? I had assumed most auction houses have a flat commission rate - though now that I look into it, they all state "competitive" rates, or "at or below industry standards" - yet I don't see actual rates listed on anyone's.
I had assumed that it'd be a flat rate, unless you have something hugely of value (of which they would already getting tons of $, and which could be used as free advertising for drawing more eyes to the auction - THEN, I could see them negotiating for a smaller fee)
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There is absolutely negotiating being done all the time. "Hugely of value" is in the eye of the beholder but your premise is spot on as for good items drawing eyes etc.