What is the going rate for an auctioneer's commission?
Monday, December 21, 2009 at 10:10AM | |
Email Article Paulette asks:
What is the going rate to pay an auctioneer as a commission fee?
AW says: Hi Paulette, believe it or not, it’s considered unethical, even illegal in some states for licensed auctioneers to state commission rates. Such disclosure could fall under “price fixing” laws.
I can tell you that it’s not uncommon for an auctioneer to propose a sliding scale. For example a lower commission percentage on higher ticket items, and a higher commission percentage on lower ticket items.
Hope that helps.
AW





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