Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
More Greek vases. Another excuse to veer off topic.
>
Reply to Thread
Message:
<p>[QUOTE="Nerva, post: 2786372, member: 87761"]No, buyers will decide what they're willing to pay in total and adjust their bid down to account for premium. It's inexact because most won't have my spreadsheet ;-)</p><p><br /></p><p>Buyers can't negotiate, except by their bids. Only sellers negotiate. The auctioneer is agent for the seller. They are the client and they pay the fee, even if it is perversely structured as a buyer fee.</p><p><br /></p><p>By analogy, imagine if the real estate market switched to buyer commission. The seller still chooses the agent. The buyer still decides the total they will pay. If one agent charges 25% and the other 10%, buyers won't offer the same base price to both agents.[/QUOTE]</p><p><br /></p>
[QUOTE="Nerva, post: 2786372, member: 87761"]No, buyers will decide what they're willing to pay in total and adjust their bid down to account for premium. It's inexact because most won't have my spreadsheet ;-) Buyers can't negotiate, except by their bids. Only sellers negotiate. The auctioneer is agent for the seller. They are the client and they pay the fee, even if it is perversely structured as a buyer fee. By analogy, imagine if the real estate market switched to buyer commission. The seller still chooses the agent. The buyer still decides the total they will pay. If one agent charges 25% and the other 10%, buyers won't offer the same base price to both agents.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
More Greek vases. Another excuse to veer off topic.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...