Quote:
Originally Posted by Hankphenom
The auction price is the auction price, what difference does it make what the estimate was, and how is it good for the seller or not good for the buyer? You really think sellers are going to think how great it is that the price beat the estimate? If that's true, AH estimates shouldn't be more than about ten dollars.
|
Yeap, I never worried about buyers. I always worried about keeping my consignors happy. If I told them 1000 and they got 1100, I was king. If I told them 1000 and they got 750, I sucked.
The backend, and a fair and clean auction, is all the buyers should care about. (to me)
And David, right above, they set them to give some expectations, that is all. Nothing firm and they are often wrong. But they probably, at least, help the consignor know what the AH thinks. Again, many estimates are way off but they are what they are...