Did you know that you can charge a Buyer's Premium and pay a 0% Auction Completion Fee? It's a great feature for sellers. Learn how you can keep your profit for yourself.

A fee that is passed on to the buyer to cover the seller's costs associated with an auction. In addition to the winning bid amount of an item, a seller may charge a fee, ranging from 1% to 10%, to the buyer (there is no charge to add a buyer's premium). The Buyer's Premium feature can be selected in the sell an asset process and will be displayed in the auction listing.

Please note: The Seller is responsible for collection of the Buyer’s Premium from the Buyer. Failure to collect the Buyer’s Premium does not offset the Seller’s responsibility to pay fees to Bid4Assets.


The example below shows an auction ending at $500.


Revenue Auction Completion Fee Listing fee Seller Profit
$500.00 $0.00
(with buyer's premium)
$5.00
(includes free image hosting, thumbnail photo, 'BuyNow' option, extended auction durations, adding a reserve price and buyer's premium)
$495.00
 

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