I've been an Auctioneer here in S.E. Ohio for several years and haven't charged nor will I charge a buyers premium. There have been a few that have tried it but it just doesn't work around here. I charge 15% plus advertizing. the set up is at my expense and so is the auction crew on auction day. the only other thing I charge is for the actual cost of the porta johns. Now if I have a lot of large equipment then we can haggle over the commision with the owner and usually drop to somewhere between 5 and 10% for those items. The buyers premium around here is usually partially in lieu of the owners paying full commision, thus if a 10% buyers premium were charged then the owner would only pay 5%, making the 15% commision. My thoughts are why should someone that's buying an item have to help pay for selling it, just never has set right with me. Keith
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Today's Featured Article - Oliver 550 Purchaser Checklist - by Greg Sheppard. Pound for pound the 550 is better than anything I've seen. It has great power for its size and can really hunker down and lug. Classified as a 3-bottom plow depending on soil conditions. I personally don't think it can be beat for a utility tractor in the 40 HP range. They are extremely thrifty on fuel, at least my DSL is. Most drive train parts are fairly easy to get. Sheet metal is probably the hardest thing to
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