WHAT IS A “BUYER’S PREMIUM” & WHEN IS IT USED?
Sunday, September 7th, 2008
Traditionally, the Auctioneer is paid a sales commission by the Seller for auctioning/selling either personal property and/or real property. The licensed Auctioneer’s sales commission is usually calculated as a percentage of the final sale price. It is important to note, that the licensed Auctioneer who is handling the sale, represents the financial interests of the Seller only.
The term [...]

























































