I don't understand what risk there is to the buyer by adding a buyers premium, to me all it does is it gets the buyers to help pay the auctioneers instead of the seller paying the other 10%... or do I understand that right ? The seller is the one who gains if the auctioneer wants 20% in the end. He pays 10% and the buyer pays 10%..It doesn't work that way in any other business that I'm aware of..Besides Seth, why should the buyer have ANY of the risk, he's the customer, it was already good enough for him to show up and purchase the goods.

[This message has been edited by Wes Hague (edited 04-30-2008).]


Wes.......