Seller's Fee

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Seller's Fee

In an auction, a fee paid to the person or organization holding the auction on top of the highest bid. For example, if one bids $1,000 for an antique bed, the seller may have to pay a 10% buyer's fee (or $100) if that is the winning bid. A seller's fee is one way an auctioneer makes money from the auction.

References in periodicals archive ?

All books sold in the Bob Bookshop are printed on demand and there are no seller's fees, storage costs or financial risks for the self-published author.

Bob Books launches new online Self-Publishing Bookshop

In France, for instance, you will be responsible for both the buyer's and seller's fees.

Don't get your fingers burned living abroad

On this page there are several hot buttons you may click on for additional information, such as how to sell, seller's checklist, creating a seller's account and learning about seller's fees.