Auctioneer commission percentage on high dollar equipment

LAA · Dec 3, 2016

Anyone know how If Auctioneers use a sliding scale or stop on the commission for high dollar equipment, for example, someone wants to sell a combine that will bring 250K, surely the normal 10% does not apply, or does it?

Perplexed · Dec 3, 2016

When I had my retirement sale I was charged 10% plus labor for his men, advertising and port a potties. Sale lasted from about 9:30AM-4:00PM with 3 auctioneers working most of the time.

Hank ABAB · Dec 3, 2016

I think the deal depends on the size/type of auction and equipment.
You could contact these guys by email; someone will give you an answer.

I think RBA charges the seller a fee, and also the buyer.
RBA

Ronnie Budd · Dec 3, 2016

Around this area, it varies by the auction company and type of sale. Some use a flat rate and some use a sliding scale, with the rates going down as the value level goes up. Sometimes, the same company will use different rates for an estate sale vs a consignment sale. Check with a few different companies.

Auctioneer commission percentage on high dollar equipment

LAA

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Perplexed

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Hank ABAB

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Ronnie Budd

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