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 - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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