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Auctions

  • 12-10-2012 1:55pm
    #1
    crunchy62
    Registered Users, Registered Users 2 Posts: 159 ✭✭


    Hi,

    Can anyone here any experience in running auctions?

    I have an idea of running an auction for a specific category of product, maybe every month.

    I know there are lots of online auctions but I do think there is room so an onsite/room auction for this type of product and there's plenty of it out there.

    I'm not sure of what type of fees/commission I could charge or what type of
    license/insurance I would need so any advise would be welcome.


Comments

  • #2
    Limerick Auction Rooms
    Registered Users, Registered Users 2 Posts: 1 ✭Limerick Auction Rooms


    Most auction rooms have a buyer and a sellers fee. This can range from 15% to 25% depending on the type of auction it is. For cars there can be a set charge or 3 to 5%. If you want to discuss what you have in mind I can help with advice. Note if you are going to auction a third parties item you will need an auctioneers licence. These are not that easy to get now...Regards Daren at The Limerick Auction Rooms


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