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Buyer and Seller Fees
Buyer Fees
Assessing buyer fees can be handled
in 1 of 2 ways:
Buyer Flat
fee - A flat fee can be assigned for all buyers.
Buyer Fee Table - This table allows the buyer fee to be assessed by a range of prices.
The Fees are
based on an "Up-To" price that you determine.
Each range can be broken down into 4 different types of buyers.
Buyer Types Include:
Dealer
Public
Charity
Other
A sample range might be: From $1 to $500 the fee is $50 From $501 to $1000 the fee is $100 From $1001 to $1500 the fee is $150 Etc.....
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Seller Fees
Assessing seller fees
can be handled in 1 of 3 ways:
Seller Flat fee - A flat fee can be assigned
a particular seller. This may also be referred to as a
negotiated fee.
Seller Fee Rate (%) - With this method the fee will be a percentage of the sale price, i.e. Sale Price x %(Rate) Seller Fee Table - This table allows the seller fee to be assessed by a range of prices.
The Fees are based
on an "Up-To" price that you determine.
A sample range might be: A $0 to $1.00 fee amount to accommodate 'No Sale' transactions (run fee if any), then From $2 to $500 the fee is $50 From $501 to $1000 the fee is $100 From $1001 to $1500 the fee is $150 Etc.....
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Auction Fees
Buyer and Seller Fees
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