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Posted By: barrysloate

Cobby- even though it is true that without bidders there would be no auction, I still feel auction houses represent their consignors interests, and as an auctioneer that is my position, too.

You can't represent both sides. You wouldn't want to be selling your house and find out your broker is also representing the buyer. So auction houses may wine and dine buyers, but they are legally contracted to the sellers.