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Bertolami raises buyers fee again
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<p>[QUOTE="johnmilton, post: 5212729, member: 101855"]Heritage charges 25% for political items. When you add my local sales tax, that gets the over the hammer price up to almost 36% for me. I've told them I can't afford that.</p><p><br /></p><p>Some people claim that buyers' fees don't matter. You break back you bids to reflect the buyers' fees. That's true for dealers because they have the discipline to drop out when the total bid gets too high.</p><p><br /></p><p>But there are lots of collectors who bid as if it's not there. That's why the auction houses charge them. They are upping their bottom line and telling consignors that they getting more.</p><p><br /></p><p>Buyers' fees are bad for bidders. The higher they get, the more likely it is that I will not bid in that company's auctions. There are firms who charge no buyers' fee, and they get more respect from me.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5212729, member: 101855"]Heritage charges 25% for political items. When you add my local sales tax, that gets the over the hammer price up to almost 36% for me. I've told them I can't afford that. Some people claim that buyers' fees don't matter. You break back you bids to reflect the buyers' fees. That's true for dealers because they have the discipline to drop out when the total bid gets too high. But there are lots of collectors who bid as if it's not there. That's why the auction houses charge them. They are upping their bottom line and telling consignors that they getting more. Buyers' fees are bad for bidders. The higher they get, the more likely it is that I will not bid in that company's auctions. There are firms who charge no buyers' fee, and they get more respect from me.[/QUOTE]
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Bertolami raises buyers fee again
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