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General Storage Auction Talk / Re: Has anybody tried to sell items at auction.
« on: June 25, 2011, 12:37:36 AM »With the 30% and the 10% buyers premium we are in the wrong business.
I have seen some of the vets migrate over to getting their auctioneer licenses and start an auction house. Although there is one, which I wont mention names, screws everyone over. People that sell to him, people that do I guess would be a consignment with him to enter their items into his auction, he has screwed his customers that come out to his auctions, and he has even screwed his partners.
Low balls the hell out of people. My example is he came over to see my stuff, picked out these items:
Mascot Travelers Trunk: Restored value would be $400, which it needed to be restored. I was asking $50. (Later on I got my $50 for it)
A Vintage tin cookie can from asia, asking $5
And a solid Brass Trashcan that was from the 50s, worth was about $40, was asking for $15.
So my asking price for it all would be $70, which I know he could of profit a good amount on the $70 alone, but he wanted all of it for less than $40. Also heard from another vet that he had swindled 2 antique tables from 2 old women, probable in their 80s. He offered them $25 to take both of them. The combination of these tables was in the value of $900, give or take. Not to mention he screwed one of the Vets as a partner, screwed him big time out of $5,000.
This guy has become someone I tend to avoid. At all cost.