The High Cost of Auctions-- Sotheby's increases buyers fee!

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#29

08-25-2007, 09:15 AM

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The High Cost of Auctions-- Sotheby's increases buyers fee!

Posted By: boxingcardman

Maybe a better model for the industry would be a BP-only model. Offer no commission consignments and charge the buyers for the services via the BP. I think one or two of the houses already do this and I have to say, it is an attractive model to me simply because I get what's bid, period.

Edited to add: I just saw Goodwin's banner and it says 0% commission.

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