How do you feel about the Buyer's premium put on auctions.
Ranging from 15-23 % For me that is a deal breaker if any one of us
added to the auctions we have Oh by the way you are bidding 2000 but you need
to add 20 percent to your total. We would be kicked off ebay.
I feel that with the ability to use a source like ebay auction houses.
Have a lot more exposure then the did in years past.
But they still add these high Buyer's premiums.
Bruce at emovieposter most likely sells more posters then any group
on the planet but he does not ding the buyers 15-20 percent when they win.
I think if a auction house uses ebay or any other online service
the Buyer's premium should be less maybe 3-10 % and less when the price
goes above so many thousands lets say 5,000 they bring it down 4 percent.
It just seems to me that you can only milk buyers for so much that is why
the value of any poster can swing in price.
Also I wonder do the auction houses charge the seller as well if so wow.
They must make more then O.P.E.C.
I understand there is some overhead but there must be a limit on that overhead.
I am not trying to single out any group just the concept as a whole.
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