Anybody Noticing PWCC weekly auction content and sales $$$'s?

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#11

02-21-2022, 02:09 PM

D. Bergin

Dave

Member

Join Date: May 2009

Location: CT

Posts: 7,041

Quote:

Originally Posted by Peter_Spaeth

Are they still charging consignors or have they just shifted to an AH model of making their cut from the BP? Either way I don't see why it's a deterrent, just bid 20 percent less, in theory everyone else should be doing the same.

I have zero stake in the matter, as I don't think I've ever used them for anything, but that's exactly what they are doing.

https://www.pwccmarketplace.com/submit

Don't know how else an auction house is supposed to make money. You either have a Buyers Premium, or a Consignor's fee, or a combination of both.......there's really no way around that.

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