 |
|
||||||
 |
|
|||||
 |
 |
 |
 |
 |
 |
 |
 |
|
|
||||||
|
|
|||||
|
|
|
|
|
|
|
|
|
#10
01-27-2014, 06:42 PM
|
|||
|
|||
As the Managing Partner of an auction house I do run into this situation from time to time. One of our two auctions each year takes place in early November. We often have museums that are winning bidders and often they have to wait until the first of the year to access funding. If we extend buyers terms beyond our consignor payment terms (45 days) then we take the risk of getting paid. We pay out the consignor on time and then wait for payment from the buyer.
I think if the consignor agrees to 60 days they really can't complain at day 38. That being said it's never appropriate to call a consignor an idiot. Jeff 
|
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| BCB Auction -5 days left to bid | BCBAUCTION | Net54baseball Sports (Primarily) Vintage Memorabilia Forum incl. Game Used | 0 | 10-25-2009 01:18 PM |
| BCB Auction 5 days Left To Bid | BCBAUCTION | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 0 | 10-25-2009 08:02 AM |
| Are their any consignors from the Febuary Mastro auction still waiting on their checks? | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 5 | 04-16-2009 05:37 AM |
| Lelands Auction is closing in 2 days | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 18 | 12-20-2005 07:07 AM |
| ...still waiting from Slater's Auction | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 6 | 08-27-2003 12:11 PM |
Threaded Mode