answersLogoWhite

0


Best Answer

In auction, it is a percentage added to the cost of the item sold under the hammer. It is the auctioneers expenses charge

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a 10 percent buyers premium?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does IBP mean at an auction?

Including Buyers Premium


What is buyers premium?

A buyer's premium is a bonus paid by a buyer in addition to normal payments or cost, usually made to an auctioneer or merchandise club to cover administrative costs.


What percent of home buyers are doing their search on the Internet?

86


What are the interest rates on a first home buyers mortgage?

Interest rates for first time home buyers mortgages will vary depending on many factors. Such factors include current debt, employment status and the term of the mortgage. First time home buyers will tend to see interest rates of 5 - 10 percent plus prime. So depending on what the prime lending rate is, anywhere usually from 7 to 13 percent.


If the risk free rate is 10 percent and the market risk premium is 5 percent market determined beta is 1.8 what is the required rate of return?

RoR = Rf + beta x Rp where, RoR = Required Rate of return Rf = Risk free Rate Rp = Risk Premium so Ror - 19%


What does premium pricing mean?

* Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.The practice is intended to exploit the (not necessarily justifiable) tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.


What does premium event mean?

* Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.The practice is intended to exploit the (not necessarily justifiable) tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.


What are the release dates for Premium Blend - 1997 2006-02-10?

Premium Blend - 1997 2006-02-10 was released on: USA: 10 February 2006


Does 10 percent add 10 percent equal 21 percent?

10% + 10% = 20%


What is 10 percent of 10 dollars?

10 percent is a 10th of something, so 10 percent of $10 is $1.


What is 10 percent percent of 238 answer?

(10 percent) percent of 238 = 0.238


What is percent percent 10 of 86.50?

10 percent percent of 86.50 = 0.0865