On 09/03/2020 07:53 PM, Stuart Stevenson wrote:
A buyer's premium has been around for a long time. Until a couple years ago
it seems as if the premium was hardly ever above 10%. Now it varies between
10% and 20% with 18% as the most prevalent. Lately, they have been adding a
hammer premium that seems to grow and grow and grow.
Never miss a chance to increase revenue.
I just bought a pick and place machine through an online
auction. I only had to pay the buyer's premium, and send
them my tax exemption number. There was no "hammer
premium". The 18% buyer's premium was plenty, though!
Jon
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