[Snapolit1]

I understand that in many/most large auctions the AH owns some number of items flat out. I've seen buried in terms and conditions a provision that if you want to know which lots we own just drop us a line and we'll send you a list. Putting aside the question of why this info isn't openly disclosed, why should the AH collect a buyer's premium if they are already collecting 100% of the sales price and putting it in their pocket? Realize I'm whistling in the wind here, but isn't the whole idea of a buyer's commission is it's how the AH makes money when they are brokering OTHER people's property?