LOG Auction:Tom Brady's got NUTHIN' on This Inflation!!

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#12

11-07-2016, 07:20 PM

Peter_Spaeth Peter_Spaeth is offline

Peter Spaeth

Member

Join Date: Apr 2009

Posts: 34,278

Quote:

Originally Posted by conor912

Consider it a 3 point lazy/impatient charge.

Factor it into your bidding. He could charge 50% for all I care. I'd just adjust my bidding and carry on.

No matter how many times we explain this, people don't seem to get it. Consignors should care. Buyers should not. A buyer's premium is just a convention for separating your bid into the part the consignor gets (the hammer price) and the part the house keeps.

__________________
Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.

Last edited by Peter_Spaeth; 11-07-2016 at 08:51 PM.

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