Quote:
Originally Posted by bnorth
I get how it works. Take my example and actually do the math. My example shows the buyer paying the exact $5k total for their purchase in both examples. OK my math is actually a few pennies off because in my example the buyer at the AH really only paid $4999.95 for the card the consignor will receive $4065 for.
Seriously please show me the math when the real total selling price the buyer pays is $5K.
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Yes, your example shows the BUYERS paying the same price. So what?? What the seller gets is in relation to the FINAL HIGH BID, not what the buyer's FINAL price is. Again, the buyer's commission price is ADDED to the HIGH BID with an auction house.
Seriously Ben, you're combining the winning bid with the buyer's fee as opposed to basing what the consignor gets which is based on the winning bid amount. The winning bid amount determines what the consignor gets, the buyer's fees are ADDITIONAL to that.