Seller's Fee
(redirected from Seller's Fees)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.
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