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Now I'm really confused about buyers premium
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boog
Posted 11/7/2010 13:06 (#1425725 - in reply to #1425661)
Subject: Re: Now I'm really confused about buyers premium



Just bidless by whatever the "buyer's premium" is charged. If they're charging a 6% bp, then bid 6% less. Or you can do as I do, don't go to a sale that charges a bp. If enough people stop attending then it will get their attention but not until then. A couple times a sale has come up that had something I was interested in but had a "bp". I called the auctioneer ,or owner if ph was available, and told them they had a piece of equipment I was interested in but would not be attending their sale because of the "BP". I suspect it was a waste of time but at least I got some satisfaction by letting them know my displeasure.
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