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Old 11-05-2009, 05:23 AM
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Peter Spaeth
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Join Date: Apr 2009
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Andrew, again, you are not "paying" a fee, you are bidding what you are bidding factoring in the 17.5 percent, the "fee" is just an accounting notion that determines what the house keeps and what the consignor gets. Your thought process should be exactly the same if the fee is 10 percent or if it's 50 --your net bid is your bid, and everyone else's too.
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