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Unread 01-12-2019, 12:05 PM   #1
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Craig Larter
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The sellers fee is normally on a sliding scale determined by the hammer price. The more an item sells for the lower the sellers fee percentage, which I understand. It takes almost as much effort and resources to catalog a $2k item versus a $20k item.
Maybe the reason the buyers fee is creeping up is the average lot price is declining and the auction still needs to cover fixed expenses???
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Unread 01-12-2019, 12:47 PM   #2
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Auction houses are like stock brokers, you pay at both ends and your broker for doing it.
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