AH Buyer's Premium

[Topnotchsy]

Originally Posted by keithsky

There is no BP on Ebay and they seem to make money. Granted there are more people on the there and a bigger company. Inside the park Collectibles has their auction and they don't have a BP. What you buy is what you pay. Plus it's great people to deal with. They seem to make it ok without a BP.

The BP is mostly psychological in 2 ways:

1) As a seller you may consider that money less "yours" because it is not shown as part of the ending auction price

2) For the buyer, at times (particularly in a bidding war) you may pay less attention to it.

I don't know the net margins that auction houses work with, but comparing them to eBay ignores the work that auction houses do as far as write-ups and marketing. As a seller, it behooves us to consider which platform is better for the items they are looking to sell.