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Post by trainman9 on Feb 16, 2024 16:25:30 GMT
Just noticed they have increased the buyers premium to 16% plus 6% sales tax. This seems to be the trend these days the auction houses get bot a sellers and buyers premium.
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Post by josef on Feb 16, 2024 17:54:17 GMT
One thing I won't do, attend or bid an auction were buyer has to pay a premium. Wonder if auction houses also collect sales tax now??
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Post by superwarp1 on Feb 16, 2024 18:17:18 GMT
For now on I'm only going to do MR. Muffin auction, you only have to pay shipping
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Post by seayakbill on Feb 16, 2024 19:51:21 GMT
Yep, the 3 auction houses are getting to a point that you would have to win at a low ball price to justify the additional expenses.
Bill
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Post by runamuckchuck on Feb 17, 2024 0:52:47 GMT
I believe the Stout Auctions now have a 19% buyer premium. IMO the buyer premium is to keep the seller/consignment percentage relatively low to entice the seller/consignor who might otherwise go to say Ebay to list with the auction especially when the seller is using a third party to list and sell on Ebay.
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Post by JKP on Feb 17, 2024 11:03:06 GMT
I used Cabin Fever Auctions once a few years ago without any issues, I stopped viewing their auctions because anything I was interested in was always bid a lot higher than I wanted to go and the shipping, packaging and buyer premiums had all been increased since the time I had used them.
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Post by curtis on Feb 17, 2024 20:42:42 GMT
I still use Cabin Fever once in a while when I need something.
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