Rich- the way I see it is like this... say I sell a poster in a auction
and i want 100 net... well if the auction company charges a fee to
prep the sale , catalog and then 40% of sale... I could have 50%-60%
of sale off the top go to autionhouse..
Now the argument would be that they collect the funds.. - credt card
fees? and that bt making availible in a slick presentation with a
nice catolg and venue they will get more than I would in my little
operation from my tiny one man operation.... aha!!!
that where I disagree.... that % cost gets passd on to the consumer,
as its a COST . The auction companys have HUGE expenses a staff of
people that all need to be paid and also the overhead.
Take a look at a Walmarts model operation,,,, daman the place is Bare
bones. they work the store like a farm. That Sam Walton was a sharpe
cookie.. But look at it.. Its simple...In my opinion even the sign sux
and is low ticket. Yet they are organized in all the right areas. I dont
like the heavy import items and
all however they key in on Price point and distribution and efficiency...
Many of todays retailers are works of art in display and concept yet
lack the integrity to give service
throughout the transaction and when there is a issue with produt they
scurry like Rats,
I went to return a broke gluegun to Sears and it took me to go to
manangement in Chicagos home office to get a remedy.
EVERYTHING is Negociatble- how all these crazy prices get had only
takes two people that are willing to pay nutty prices... sometime you
can creat a market by artificially stimulateing themarket.. this happens
bot pro-con in the stock market and they are trying to pass a law to
withold speculators frompropping the market upin the oil sector.
At the same time... people give thier LIFE savings to stock maony
managers who BUY the very companys that we complain about and hense
raise the problem... like how Fannie mae and freddie mac
just offed more stock to get investors to buy into something thats
already lost... now isnt that intelligent??
wow... letes buy more overiflated Loans that people cant pay..
SIMPLE math problem.... IF Joe and Joan are 50 and owe 100K on credit
cards and all the stuff they bought has de-valued by 50% they will pay
50k on old debt and with after tax money... Now how long will they be
productive wage earners? 10-20 years? OK...... now how do they pay the
debt off,
and save for retirement.... especially if the Mortgage is lopsided and
they owe 115 K on a house that may sell in todays market for 90K on a
good day.... Ok........................
Now.. the final straw///
will these 50+ year olds get new Jobs at higher incomes in next 10-20
years? OR will the Job market
shrink and modify like its doing at moment.
ad to that formula...... lower interest,,,,, healthcare issues.. and
unstable fuel and inflation on services and Food..
OK... if that doesnt have you hyperventilateing............... then also
see that we are all one mircrorganism
away from illness and death by some extremists as we are seing in our
quality control depts in water food and saftey in the public sectore...
To think each day we have no clue that we may be expeosed to some toxin
or whatever becausse our
world doent have the time to test all the shippmentsof Food and items we
cossumes... even the cell phones may not be safe...
yet........in some Huge Cosmos intellectual design purpose... it all
makes sense to me
If you look at what we have done in Just 100 years Its mind
boggleing.... Just imagine if you had
eternity to contemplate the purpose of things and meaning......
thats why to me Human intellegence is funny as we are really doing some
stupid stuff that with all
our chenists and doctors and people with degrees.... if you sit back and
look... this world is about as
funny as it gets. If yoiu need a good laugh... pretend you needed to
send a letter back to your great
great gre gre geat uncle cletis from 1362 and had to explain how
life was in 2008
just pondering it made me crack up...... if you think my email is out
there.. consider this 90% of all tv programs are based on experiances
of fear and loss... and the " reality" even the comedys are about
social comment... or humor about the recent issues...
or you can watch duck hunters,,, people fixing cars.. or heres one..
Home remodeling and makeovers..
what a concept..............
they are even taking Bus groups on Home foreclosure tours!! meanwhile
the Europeons are buying the USA for 10 cents on teh dollar
Richard Evans wrote:
On the value of a piece being with or without BP, I think this is how
I see it.
You'll often see dealers marketing a piece by comparing it to one
having just sold in auction, pointing out that they are selling it
for XXXX less than it reached in auction, and what good value it is.
In this instance, do they compare their price favourably to the
auction sale without BP, or more favourably including the BP?
I'd imagine it's invariably the latter.
Cheers,
Rich
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