Actually through the magic of math, their gross commission comes out to just under 30% (remember they take 15% off the hammer price, not the total price).
But I think it's interesting that you don't think a company should have that kind of gross margins. You might want to take a business class at your local community college. Do you mark up your posters 35% when you sell them? For some reason I have a feeling you've marked some of them up even more than that. And if you don't tip your waiters/waitresses 20%, then I'm really glad I haven't had the embarrassment of dining out with you. _____ From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of clinton crews Sent: Sunday, November 04, 2007 8:23 PM To: [email protected] Subject: Re: [MOPO] Auction Houses Buyer's premium is it outdated An important point they charge let's say 20 percent charge to the buyer. But then add the 15 percent to the seller That is 35 percent. So if a auction pulls lets say 2 million they make. 700,000. Also if you tip 20 percent god bless you . But waiters delivery drivers Etc. Can't make you tip if they do ask they get fired. I feel we forget that in a free market society things change when they need to. When buyers get tired of 20 percent you will see that number change. But again I stress what is a point of having what I consider the best group of Movie Poster collecters sellers Etc.. And we never bring up any topic of sustance. We have really gotton to the point of im selling this and that. And very few great poster conversations come up. So I am just being the devils advocate. We never need to get mad just state a fact not say your wrong. THEN WE STICK OUT OUR TOUNGS PUT FINGERS IN OUR EARS AND GO NA NA I'M NOT LISTEN TO YOU. Also I hope your cars do not use leaded gas remember things do change to the point we forget when and why. Also pop in a 8 track and play your record. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
