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Can I charge my internet bidders a different buyer’s premium than the local bidders?

Posted by Tech Support - February 27, 2013 -
0

Yes, you can. You can either set the auction profile to use individual buyer’s premiums or to use premium “kickers”. The individual buyer’s premium option lets you set the actual rate that each buyer would be charged. If your default in the profile is 10% you could set the internet buyers premium rate to 13%, for example. You can do this when you register the bidders, whether you enter them one by one or use one of the online import functions in the CUS Internet Menu. This method is only usable if the rate does not change based on the price of the item.

If you have a sliding scale or mixed premium structure or if you’re using the new buyer’s premium plans, in which the rate changes depending on the price of the lot or which lot it is, you can use the premium “kicker” instead. This lets you enter a premium adjustment that gets applied to whatever premium would normally be charged based on the price, for example an additional 3%. You can set this kicker adjustment when you register the internet bidders also. If you forget to enter either the individual premium or the kicker when registering the bidder, you can always do it at the billing screen.

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