Quote:
Originally Posted by Fred
What are the reasons that auction houses use a third party auction platform?
Is one of the reasons to allow bidders to feel safe that an auction house has limited opportunity to manipulate the outcome of an auction?
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Cost, plain and simple. Developing and maintaining a custom auction platform is a very expensive proposition. Only the biggest auction houses would be able to consider that kind of expenditure.
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Last edited by chadeast; 03-06-2021 at 09:43 PM.
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03-06-2021, 09:43 PM
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