What is the point of the "Buyer's Premium"?

[raulus]

Originally Posted by Peter_Spaeth

And ebay final bids don't include tax, do they?

They do for those of us that live in Oregon.

[Peter_Spaeth]

Originally Posted by raulus

They do for those of us that live in Oregon.

But for most one still has to do a calculation before bidding to know the true price.

[raulus]

Originally Posted by Peter_Spaeth

But for most one still has to do a calculation before bidding to know the true price.

Agreed.

I think the big difference is that's common commercial practice. Most every vendor at every site quotes their prices before tax. You go to Walmart, Burger King, or Shoe Barn, and their prices are all before sales tax.

In the case of eBay, with eBay buyers theoretically being located just about anywhere in the world, quoting the complete price would be a challenge.

[Flintboy]

Straight money grab- nothing more, nothing less. If you explain it as anything else you probably own an auction house.

[steve B]

Originally Posted by raulus

Agreed.

I think the big difference is that's common commercial practice. Most every vendor at every site quotes their prices before tax. You go to Walmart, Burger King, or Shoe Barn, and their prices are all before sales tax.

In the case of eBay, with eBay buyers theoretically being located just about anywhere in the world, quoting the complete price would be a challenge.

Here in Mass, including the tax as part of the sale price is not allowed. If the tax isn't calculated on the total sale, the store ends up over or under collecting the tax.

[Lorewalker]

Most AH charge 0% to consignors and in fact many give part of the BP to the consignors in an effort to bring collectors great material. That has become the hobby standard.

The AH needs to make money. They charge a fee at the end which is paid by buyers. Factor it in. If that concept is too hard for some to figure out maybe they should not be bidding. Nobody is paying more or being hoodwinked because of the fee.

If one compares the offerings on eBay auctions to those offered in a catalog type auction, there is no comparison. Fewer sellers are even doing the auction format. Since PWCC is gone there is next to nothing that gets listed in the auction format. So ya get what ya pay for. If ya like eBay better because the price you bid is essentially the price ya pay then shop there.

[raulus]

Originally Posted by Lorewalker

Most AH charge 0% to consignors and in fact many give part of the BP to the consignors in an effort to bring collectors great material. That has become the hobby standard.

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

[Lorewalker]

Originally Posted by raulus

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

Not sure who you are consigning with or what type of material you are consigning but the profit to the house, when they are not selling their own material, is heavily weighted by what we pay as buyers.

[bobbyw8469]

Originally Posted by raulus

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

You are not alone. I am constantly getting seller's fees.