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 Post subject: Fees
PostPosted: Fri Feb 27, 2009 12:17 pm 
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I primarily do auto auctions, but ever so often I will do some fundraisers. I usually charge a flat fee for this. The reason is they normally have any from 6-10 items and it just takes a couploe of hours if it is split up. :)


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 Post subject: Re: Fees
PostPosted: Fri Feb 27, 2009 12:32 pm 
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Location: Houston TX
I ONLY charge a flat fee or hourly fee, depending on the services they are requiring.

However, why would they "split it up"?
The auction should be a special event with its own time slot, to keep the interest and attention of those in attendance at a maximum level of excitement. I want EVERYONE's attention, even if they originally thought they weren't interested in bidding. Each time you stop and start again, your losing the potential of getting their attention.

Jim Ford
Professional Auctioneer & Auction Marketing for the 21st Century

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Personal Estate - Business Liquidation - Real Estate - Charity Fundraisers

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 Post subject: Re: Fees
PostPosted: Fri Feb 27, 2009 7:17 pm 
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Location: Adrian, Mi.
Why does it take a couple of hours if there are only six to ten items?

I agree with Jim Ford that it makes little sense to split this up.

Lyn Liechty, Auctioneer
http://www.arealauction.com


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 Post subject: Re: Fees
PostPosted: Tue Mar 03, 2009 11:57 am 
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Thanks for your replies. At some events they have entertainment and we will auction off a few items and then entertainment and then auction off the other items. This past weekend I had two events and raised $4K at one and 20K at another.


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 Post subject: Re: Fees
PostPosted: Fri Mar 20, 2009 2:51 am 
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Flat fee. Smart auctioneers performing charity auctions, fundraising auctions and or benefit auctions follow AFP's (http://www.afpnet.org) Code of Ethics.

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 Post subject: Re: Fees
PostPosted: Tue Aug 18, 2009 4:36 am 
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Tom What about the option of offering a flat fee OR a percentage whichever is less.. This allows the Charity to feel more comfort in your services.

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Kevin Rutter
http://www.Hotauctioneering.com
"A burning desire to serve you at your next auction or event."
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 Post subject: Re: Fees
PostPosted: Thu Aug 20, 2009 1:24 am 
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Hi Kevin,

Some auctioneers do charge a flat and or a percentage, whichever is more! As the very first auctioneer member ever to join AFP, I stand by my company policy of charging a flat fee.

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Tom DiNardo - ISA-AM, MPPA
DiNardo & Lord Auctioneers
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View our upcoming auctions: http://www.auctionzip.com/WA-Auctioneers/271.html


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 Post subject: Re: Fees
PostPosted: Fri Aug 21, 2009 3:31 pm 
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Hi Tom,

I know auctioneer that do the reverse of charging whichever is MORE as well..

I thought the concept of whichever is LESS would even be a better offer to clients than just charging flat rate..

Whats your thoughts?




http://www.hotauctioneering.com

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Kevin Rutter
http://www.Hotauctioneering.com
"A burning desire to serve you at your next auction or event."
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 Post subject: Re: Fees
PostPosted: Fri Aug 21, 2009 9:00 pm 
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Hi Kevin,

The auctioneers/auction firms I know of usually stipulate whichever is "More". However, some put a cap on the amount, especially where percentages or commissions are concerned.

This is another great example of why a flat fee is whole lot more attractive and less involved.

Best regards,

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Tom DiNardo - ISA-AM, MPPA
DiNardo & Lord Auctioneers
http://www.DiNardoandLordAuctioneers.com
View our upcoming auctions: http://www.auctionzip.com/WA-Auctioneers/271.html


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 Post subject: Re: Fees
PostPosted: Sat Aug 22, 2009 3:17 am 
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I here you Tom,

However are you following what I am saying?

If I ran a charity I rather go with the guy that offers: (below is just a example not real numbers)


A) 5 percent or $2000 which ever is less..

-vs-

B) $2000 no matter how bad or good I perform.


Wouldn't you?

Sound like an easy sell and a no brainer to pick "A" verse being forced to pay an auctioneer option "B"

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Kevin Rutter
http://www.Hotauctioneering.com
"A burning desire to serve you at your next auction or event."
Benefit Auctioneer


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