I am a auctioneer that charges a buyers premium. I conduct a consignment auction and charge no commission to sellers on items over $500.00. The same people that are complaining about buyers premium are the first ones to want to sell there items for no commission. People pay to join costco , sams club ,etc. I don't see that as any different. With buyers premium you are still deciding what you pay. If you get caught up in bidding and paying to much with a buyers premium, you will do the same at any auction. Auction co. Have a lot more expense these days. There is a lot of technology with computer clerking, check in and out process have become more efficient , however it is a large investment to make things quicker and more efficient for our bidders. At my last auction we had golf carts to bring people right to auction from parking area , rest rooms, food stand , people to help load and haul items to your vehicle,etc. prices were strong.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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