So much.So far away.
http://www.auctionzip.com/cgi-bin/auctionview.cgi?lid=1614603&fe=543380&txtSearc hKeywords=%22model%20t%22&txtSearchZip=48884&idxSearchCategory=0&txtSearchRadius =0
I bet the Pickers from TV would love that place.
Pickers low-ball everything. They couldn't stand the competition of a live auction.
Pickers are cheaper than a bird...cheap! cheap! cheap!cheap!cheap!cheap!cheap!cheap!cheap!cheap!cheap!
I WILL be There!
What Date will you be there?
A friday auction at Noon,So this stuff will go fast. First the fancy stuff for the Ladies,then the Paper/books then the Tools.
T parts will be last probley.
Its been picked over allready...notice there are No Carbs,starters,gennies,wiper motors,fans,raiditors. If its late afternoon they will probley do "Buyers Choice" This can get expensive real quick! Then whats left on the table for one money (scrap/junk) I will have to make a phone call before I go up there.
Remember when you could go to an auction and the winning bid was all you had to pay for what you bought. Now there's a 13% buyers premium. I guess the auctioneers can't make it on their commission from the sale. I guess it's like everything else anymore greed gets everybody at some point in their life.
Ever been in business for yourself, Mike? How many years in the auction business??? Greed?????????????????????????????????????????????????????????????? I'm willing to bet these guys were low bidder, that's what everybody wants when they are selling - an auctioneer that will do it for nothing. Their web site hasn't been updated since July, lousy pictures, etc. I'm willing to bet they were low bidder to the seller, the only way to make any money is to put a buyer's premium on it. It's a cut throat business and virtually every seller wants it done for nothing. The ten percent is the commission they should have charged the seller, the three percent is what they have to have to cover the credit cards because there are so few people with cash, everybody wants to pay on a credit card. Checks??? you want some, every auctioneer has a few they would give you because they are worthless for anything else.
Stan Howe, Front Range Auctioneers, 30 years, 397 commercial auctions since 1982.
We don't charge a buyer's premium but there are damn sure reasons why auctioneers do.
Does this auctioneer still get a fee from the seller for doing the auction, plus the 13%?
I have gone to a lot of farm auctions and they don't charge the extra fee.
I know Stan. But how many years did they not charge the buyers premium. And they stayed in business And how much more is the buyers premium going to increase. And maybe greed was a strong word and I apologize for stepping on your toes. And yes I have been in business for myself. The auction business has changed so much. I remember farm auctions where the owner was the family that was selling the parents farm because they had died. That was the best kind and that's all I ever went to. I'm not fond of consignment auctions because there's not a personal feel to them. Though I understand why they happen. Once again it's business. I guess I'm glad to hear you don't charge a buyers premium and if you want to you can say something bad about machinists or sawmill owners. It might make me feel bad but I've got it coming for saying what I did. Oh lord Stan, please don't hate me. What can I do to change this around? I'm going to feel so ashamed all day long.
Why is it people complain about a buyer's fee, and they don't even mention sales tax on something they bought?
"Yeah, I got this drill sharpener for $99.98 ."
Well, what was the cost by the time you got it home?
There is no sales tax in Montana. We advertise that buyers pay "Hammer Price." In other words, there is nothing added to the selling price. The buyer's premium came about as a way for auctioneers to bid a lower price to the seller but still make profit. Some auctioneers still charge commission to the seller as well as a buyer's premium. Many don't. Everybody runs their own business their own way. There are only a couple consignment barns in Montana, I think they charge both buyer and seller. We don't do those kind of auctions. We do mostly collector car and tractor/farm/machine shop types of sales although we still do a few antique auctions. I have lost a few auctions over the years due to charging the seller all the commission. Somebody slicked in and convinced the seller that they could charge them less than I would and charge a buyers premium and the seller would still get as much because "People don't even think about the premium until it is time to check out. They bid just as high as they would without it." That may be true.
You can buy Harbor Freight or you can buy Snap-On. You make your choice and pay the money. I prefer to hold myself out as the quality auction company who has 30 years of success to back me up. There are new people in the business every year. They all decide what segment of the business they will service. Some will get auctions because of price, some will establish a reputation for first class service and quality. Both may survive and it is hard to tell who will be the most successful financially. Those consignment guys make a lot of money on junk.
Recently there was an auction a couple hundred miles from here that charged a 15% buyer's premium. I doubt there was a complaint about it. In addition, if you were bidding on the Internet via Proxy Bid, there was an additional 15%. Total of 30% plus packing and shipping. I wouldn't have done it but I didn't have the auction. The auction totaled around $400,000. Everybody was happy. Every piece was a one of a kind piece of important Montana history with undeniable provenance.
Ralph I hear ya. It's really something when we buy something here in our state as it's probably the same in other state where sales tax and shipping can really cost some money. I understand where Stan is coming from and it really makes a lot of sense for the auctioneer to charge their buyers premium. But I complain about a lot more than that. It's become my hobby to complain about any additional fees when purchasing something. It doesn't do me any good but I feel like I'm doing what I can with what I can influence which is nothing more than the satisfaction of saying "there I felt lousy about that." It's the glass is half empty part of my personality.
Stan, years ago I had an auction when I sold out my sawmill business and personal household including collector tractors, firearms and fishing equipment. I chose the auction company by reputation. I had been to a few of the auctioneers sales before and really liked him. he was more than fair with his consignment. I knew my auction was small potatoes for him but he was great to work with all the way through. Because of that it never came to mind there is a competitive side to your business whan bidding auctions. Your auctions sound like the kind I would love to attend. As is the one out east.
But 13%!!!! (I had to throw that in, it was just to tempting.
Seriously though thanks for your expanation.
Stan, years ago I had an auction when I sold out my sawmill business and personal household including collector tractors, firearms and fishing equipment. I chose the auction company by reputation. I had been to a few of the auctioneers sales before and really liked him. he was more than fair with his consignment. I knew my auction was small potatoes for him but he was great to work with all the way through. Because of that it never came to mind there is a competitive side to your business when bidding auctions. Your auctions sound like the kind I would love to attend. As is the one out east.
But 13%!!!! (I had to throw that in, it was just to tempting.
Seriously though thanks for your explanation.
In our part of Idaho, no auctioneer charges a buyer's premium, when we hire an auctioneer, we pay the fees, that way we have control over how much advertizing is done, and where it is done, as that is part of the fee up front, with an 8% commission on the sale. I will not bid at an auction where I have to use a calculator to determine what my bid is going to be.
In my country tax is built into the price tag most of the time.
Would you like to see my last post again?