What is the point of the "Buyer's Premium"?

raulus · #1 09-21-2022, 12:38 PM

Quote:

Originally Posted by Lorewalker

Most AH charge 0% to consignors and in fact many give part of the BP to the consignors in an effort to bring collectors great material. That has become the hobby standard.

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

Lorewalker · #2 09-21-2022, 12:46 PM

Quote:

Originally Posted by raulus

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

Not sure who you are consigning with or what type of material you are consigning but the profit to the house, when they are not selling their own material, is heavily weighted by what we pay as buyers.

bobbyw8469 · #3 09-22-2022, 09:54 AM

Quote:

Originally Posted by raulus

I must be consigning to the wrong auction houses. Or maybe they don't like my stuff. Because the offers I have gotten are inferior to this. I pay a listing fee, and they keep the BP.

You are not alone. I am constantly getting seller's fees.

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