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Tractor Talk Discussion Board

Re: RE: Buyer Fee Auctions


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Posted by Leroy on April 21, 2018 at 06:56:12 from (66.118.123.39):

In Reply to: RE: Buyer Fee Auctions posted by oldtanker on April 20, 2018 at 19:46:59:

Do the auctioneers that charge a buyers premium charge the seller the same amount of commision as the auctioneers that do not? I think they do so if that is the case the seller actually looses as for people not comming to the sale. If the auctioneer does not charge the seller and only has a buyers premium then the auctioneer makes the same as the auctioneer that charges seller only for sale so he makes the same. If he charges the seller the same as the non buyers premium auctioneer and then imposes the premium he is doubling his income at the sellers expence. Very few around here have the premium and auctioners that you normally would not go to a sale theh anyway. So is the auctioneer actually double dipping or not? If both charge seller say 20% but then one put on top of that anouther 10% is that double dipping. I have never been to a sale with the premium and the 2 auctioneer groups that I would go to sales do not charge it. If someone else has sale in area and charges it then it is probably not a sale you would want to go to as well.


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