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Old 11-14-2006, 09:30 AM
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Default Mastro has raised Buyer Premium to 20%

Posted By: Jeff Lichtman

Barry, this is true, but by offering closer to 0% on consignment fees and increasing the buyer's premium, they are just keeping their take even while reducing final take of the seller and increasing the final cost to the buyer. Yet Mastro is hardly advertising a lowering of consignment fees. As a seller, does anyone really think that Mastro generates higher final bids than say Memory Lane, Mile High or REA to make it worth it to place anything with them?

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