Thread: The High Cost of Auctions-- Sotheby's increases buyers fee!
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Old 08-25-2007, 08:15 AM
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Default The High Cost of Auctions-- Sotheby's increases buyers fee!
Posted By: boxingcardman

Maybe a better model for the industry would be a BP-only model. Offer no commission consignments and charge the buyers for the services via the BP. I think one or two of the houses already do this and I have to say, it is an attractive model to me simply because I get what's bid, period.

Edited to add: I just saw Goodwin's banner and it says 0% commission.

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