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Old 11-29-2006, 07:42 PM
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Default What is the rationale behind a buyer's premium on an auction

Posted By: ramram

I just wanted to thank Barry and Josh for chiming in. It's been nice that several of the auction houses have taken the time to give some input to the many questions from this forum of late. I, for one, don't like the sucker punches that some people have been throwing at the houses but, in general, I think it's a good exchange of philosophy between auction houses and some of their clients. I think a lot of what goes on is "smoke and mirrors" but, hey, you go with what works. So far it's obviously been working.

Rob M.

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