Posted By:
Steve M.Assume I consign an item that is worth $1,000 and assume further that no one will pay more or less than $1,000.
Assume a 10% seller premium (SP).
Assume a 15% buyer premium (BP). With a 15% BP a buyer will bid no more than $870 in order to end up at the $1,000.
Therefore, I as a seller, will receive $783. ($870 less 10% SP)
Changing this to a 0% SP and a 25% BP a buyer now will bid no more than $800 but I as the seller will get $17 more ($800 vs. $783)
So there does appear to be a difference.