The sellers commission is the fee charge to the seller by the auction company for their services. This fee is usually a percentage of the sale price.

Oct 24, 2014 · Auctioneer B charges his buyers a 15% buyers premium and this charges his sellers 20% commission on the total contract price. For a $50,000 ...

Mar 20, 2015 · Here, before auctioneers would only charge their commission to the buyer if it was a receivership sale. If company was still in business when ...

If you're a property manager selling your surplus assets, you may have come across some auctioneers charging sales commissions while others charge a buyer.

What is the difference between a Buyers Premium and a Seller commission? The sellers commission is the fee charge to the seller by the auction company for their ...

Oct 13, 2014 · We're now seeing auctioneers using the word, “premium” in regard to both buyer and seller costs, omitting the word “commission” altogether. The ...

Mar 2, 2023 · A buyer's premium is a charge that is in addition to the final price of an auctioned item or lot. Some 80% of auction houses charge premiums.

Nov 17, 2022 · A buyer's premium is paid by the buyer. A seller's commission is a fee paid by the seller to the auctioneer. Who pays auction fees, the buyer or ...