Quote:
Originally Posted by Rhotchkiss
As a bidder, I hate the super late-night, entire thing closes at once auctions. As a consignor, I love it. Having everything close all at once gives bidders the chance to shift without items having already closed like in a lot by lot format. This leads to extra bids, even in the wee hours.
The consignor is the customer.
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There's definitely a delicate balance though (probably moreso for a smaller company like mine) While my fiduciary duty is to my consignor, I feel the best way to serve that duty is to make a buyer friendly auction process. The more comfortable and happier the buyers are the better the results will be for my consignors.