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What else can I help you with?
What does IBP mean at an auction?
Including Buyers Premium
What is buyers premium?
A buyer's premium is a bonus paid by a buyer in addition to normal payments or cost, usually made to an auctioneer or merchandise club to cover administrative costs.
Does auction King studio 63 charge a buyers premium?
Yes, Auction King Studio 63 typically charges a buyer's premium on items sold at auction. This premium is an additional percentage added to the final hammer price, which buyers must pay. The exact percentage can vary, so it's advisable to check their specific auction terms and conditions for details.
What is a 10 percent buyers premium?
In auction, it is a percentage added to the cost of the item sold under the hammer. It is the auctioneers expenses charge
What does premium pricing mean?
* Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.The practice is intended to exploit the (not necessarily justifiable) tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.
What does premium event mean?
* Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.The practice is intended to exploit the (not necessarily justifiable) tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.
What are some responsibilities that property buyers should carry out?
Property buyers should carry out responsibilities such as paying the title premium, notary fee's and home owners transfer fee's. Other responsibilities include inspecting the septic systems and making sure smoke detectors are in place.
How much is a captain midnight secret compartment ring worth?
One just sold in June of 2011 at Hakes Collectibles auctions for $100.00 plus 15% buyers premium
How much is a US land grant from 1861 signed by President Abraham Lincoln worth?
One recently sold in Beloit WI at auction for $775 plus a 17% buyers premium.
Can your homeowner's insurance premium be included in closing costs?
Your homeowners insurance premium SHOULD be included in your closing costs. Now as far as asking the sellers to pay for it--you can ask them to pay for anything--it's up to them whether or not to.
What is the singular possessive of purchaser?
The plural of buyer is buyers. As in "the buyers have arrived".
What does plus buyers mean?
"Plus buyers" typically refers to consumers who purchase premium or higher-priced versions of products or services, often emphasizing quality, features, or brand reputation. These buyers are willing to spend more for perceived added value and often seek out exclusive or enhanced offerings. The term can be used in various industries, including retail, technology, and luxury goods. Understanding this segment helps businesses tailor their marketing strategies to attract and retain these customers.
