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Stories about Storage Auctions / Boycott "Buyer's Premium"
« on: November 02, 2011, 01:57:13 AM »
Hi all,
I'm writing to encourage everyone to boycott auctions that add an additional 10% "buyer's premium" onto your fees, on top of the 10% sales tax you already pay, depending on your area! In California, that's 20% OVER your bid!
When you bid over $1000, that becomes extremely expensive. A $1000 bid will cost you $1200 total. American Auctioneers is doing this now. Be sure to ask before you go to an auction. If they do that, please boycott them, and encourage all the other bidders you know to boycott them. They already make a very good commission from the vendor, so they are double-charging for the same job, with no real service to you.
Enough is enough.
Other auctioneers are doing this as well, but I don't have a list to share. I'm new here, so I'm sure the members are far more familiar with this than I am. Apparently in England they are getting even more gouged than we are. Here is a link to an article on this price gouging:
ganews.co.uk/premium.html
I know this is a fulltime business for many of you, but if there is a way to boycott these Auctioneers that have gotten out of control (sound familiar?) please do so.
Please also call American Auctioneers at 800 838 7653, and other houses that do this and let them know what you think of their 10% additional "buyer's premium", when they are already making a good commission from the storage facility.
Thanks.
I'm writing to encourage everyone to boycott auctions that add an additional 10% "buyer's premium" onto your fees, on top of the 10% sales tax you already pay, depending on your area! In California, that's 20% OVER your bid!
When you bid over $1000, that becomes extremely expensive. A $1000 bid will cost you $1200 total. American Auctioneers is doing this now. Be sure to ask before you go to an auction. If they do that, please boycott them, and encourage all the other bidders you know to boycott them. They already make a very good commission from the vendor, so they are double-charging for the same job, with no real service to you.
Enough is enough.
Other auctioneers are doing this as well, but I don't have a list to share. I'm new here, so I'm sure the members are far more familiar with this than I am. Apparently in England they are getting even more gouged than we are. Here is a link to an article on this price gouging:
ganews.co.uk/premium.html
I know this is a fulltime business for many of you, but if there is a way to boycott these Auctioneers that have gotten out of control (sound familiar?) please do so.
Please also call American Auctioneers at 800 838 7653, and other houses that do this and let them know what you think of their 10% additional "buyer's premium", when they are already making a good commission from the storage facility.
Thanks.