3 ms·
50.3 million dollars in fees....
by nhooyr 9y ago
50.3 million dollars in fees....
- TylerE 9y ago10-15% is pretty standard in the auction world.
- gowld 9y agoStill absurd to not discount when the price gets so high.
- ryankupyn 9y agoI'd actually be inclined to have an escalating fee (as a % of sale price) for a higher final price (relative to an independent appraisal) if I were a seller - just to keep the incentives aligned.
- TylerE 9y agoAuctioneers cost go up proportionally. What do you think insurance and security costs for something like?