Tag: auction house

Understanding the Buyer’s Premium

  In some auctions, a buyer’s premium is included as a fee that the winner of the auction pays on top of the hammer price (or the final auction price) to the auction house. It’s usually a percentage fee, ranging anywhere from 12 percent to 25 percent, and most auction houses that regularly charge buyer’s… Read more »

Finding the Right Auction House

When it comes time for you to get rid of something worth a certain value, you can sell it outright to someone or you can determine whether or not you want to auction it off. There are so many different auction houses to choose from around the world, and each of these auction houses has… Read more »