Increased premium at REA

[perezfan]

Originally Posted by raulus

I know we all like to think that the other bidders always factor in the juice when bidding, but my sense is that’s often not the case. I would also suspect that it would be common for bidders to assume that the juice is still 20% when doing their mental math, even though it’s risen. For some sites, finding the precise amount of the BP takes some digging.

Fully agree with this. We are bidding against a lot of people who are not fully informed, or simply fail to do the homework. It is unavoidable in this hobby, as there are always people who seem "surprised" by the BP, the sales tax, and even the shipping + insurance costs.