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<p>[QUOTE=&quot;kanga, post: 976571, member: 9270&quot;]Back in the 70&#039;s I used to go to lots of local auctions and a few big ones.</p><p>The auctions house fees were in the 5-10% range and <b>ONLY </b>paid by the seller.</p><p>As time went by the auction houses needed/wanted more money so the % started rising.</p><p>When it got to about 20% (remember, only the sellers paid) the sellers started to rebel and the auction houses had a hard time getting consignments.</p><p>So they split the fees; 10% to the seller; 10% to the buyer.</p><p>Now both are generally paying 15% each.</p><p>If they change and put the burden of the fees on the buyer, I suspect there will be another rebellion, this time from the buyers.</p><p>I believe your &quot;around a 5% sellers fee&quot; only applies to big ticket items (high 5-figure and larger).</p><p>But to me it&#039;s scary to think a seller would be paying $5K on a single $100K consignment, but a buyer would be paying $15K.</p><p>That would be the road to ruin.[/QUOTE]</p><p><br /></p>

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