Reply to "Haggartys take on the current market"

I can see your point Cuvee. Keep in mind buyers/sellers at live auctions, we know our way around fees. Whenever I sell Panteras at Mecum, when the bidding gets close, we make a deal. It works this way in simple numbers: I need to realize 100k on the sale for argument sake. The car bids to a buck five. I'm not selling & paying them 10 grand. I tell Mecum or the auctioneer up stairs in the box, I need 100 in my pocket. Do the numbers any way you want, but it's no sale unless I realize $100,000.00. They bump the buyer up a tad sometimes or not, cut the commission they charge me, done deal drop the hammer. Works EVERY time for me. On mid-6 figure cars, the game gets real interesting. Buyers & sellers BOTH demand 5% or even less. Seven figure fees? Nobody pays 10%. You have to play the game Cuvee. These big auction houses all play the same, their not going to lose 5 grand trying to be greedy.

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