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Old 01-15-2008, 05:35 PM
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Default REA consignments

Posted By: barrysloate

Who gets 35% in total commissions? I can't believe anyone can get away with that and still be competitive.

I think consignment fees can be discussed openly and professionally between the seller and the auction house. If a seller is given a particularly favorable cut, he need not post that on a public chatboard. There is nothing wrong with a little confidentiality and a little discretion. This is not a debate about whether or not a seller should negotiate the best deal he can; it's about posting it publicly. If it were one of my consignors I would probably pick up the phone and have a brief chat with him.

Everyone feel free to negotiate the best deal you can. It's just business.

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