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<p>[QUOTE="coleguy, post: 1790059, member: 9167"]Don't forget you have auction house fees as well. Most are around 12%. So if you're making say 15% on a flip before you deduct auction fees, you're really only making 3%, or about enough to cover your gas to and from the auction. If you just like to break even, then go for it. Otherwise, don't forget the hammer price is not the final price you'll be paying out the door.[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1790059, member: 9167"]Don't forget you have auction house fees as well. Most are around 12%. So if you're making say 15% on a flip before you deduct auction fees, you're really only making 3%, or about enough to cover your gas to and from the auction. If you just like to break even, then go for it. Otherwise, don't forget the hammer price is not the final price you'll be paying out the door.[/QUOTE]
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