- Easy to use software
- No requirement for ongoing support from the service providers
- Upfront affordable pricing with no added percentage fees
Other online auction services usually charge
- a set up fee – liveauctionrooms.com has no set up fees
- a percentage per lot – liveauctionrooms.com has one affordable fee per auction with no percentage fees
Example pricing comparisons
- Online auction service #1: 4.95% (5.94% including VAT) per winning bid
- Online auction service #2: 5% (6% including VAT) per winning bid
- Online auction service #3: £3.00 flat fee per winning bid
- Online auction service #4: 3% (3.6% including VAT) per winning bid (in-house auction room)
Tiered commission example based on lot value for lots sold online
- £7,000 @ 4% commission = £280.00
- £21,000 @ 1% commission = £210.00
- For these 2 lots, you would pay the online auction service £490.00! Using liveauctionrooms.com would save you £465.00!
- And that’s just on 2 lots!