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ANTIQUE ASSOCIATES ANNOUNCES OUR LATEST BROKERAGE VENUE
Fixed Prices Sales of Major Collections
The Numbers Tell The Story
Following is a simple mathematical illustration of just how much both Buyer and Seller benefit by Our Fixed Price Sale and Brokerage Process. This Process works for Single Items or Large Collections, and in addition to strong financial incentives,
NEITHER BUYER NOR SELLER EXPERIENCE RISK!!
Typical Examples
Look them over. We will tailor a Sale to Meet Your Needs!
| Auction Process
| AAAWT Process
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| Range | Example 1 | Example 2
| Fixed | Example 1 | Example 2
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| Seller Fee
| 10-20% | 10% | 20%
| 20% | 20% | 20%
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| Insurance Fee
| 0-2% | 1% | 1%
| Incl. | Incl. | Incl.
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| Photography Fee
| 0-2% | 1% | 1%
| Incl. | Incl. | Incl.
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| Advertising Fee
| 0-2% | 1% | 1%
| Incl. | Incl. | Incl.
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| Buy-In Fee
| Variable | |
| None | Incl. | Incl.
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| Total Seller Fee
| ~13% | 13% | 23%
| 20% | 20% | 20%
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| Auction Bid Price
| Determined by Bid | $100 | $100
| It's Not an Auction |
| Fixed Price
| N/A | N/A | N/A
| Fixed | $115 | $110
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| Buyer's Premium
| 15-22% | 20% | 20%
| 0% | 0% | 0%
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| Total Cost to Buyer
| $120 | $120 | $120
| $115 | $115 | $110
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| Returned to Seller
| 87% of Bid | $87 | $77
| 80% of Fixed Price | $92 | $88
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| % of Total Cost Returned to Seller
| 72% | 72% | 64%
| 80% | 80% | 80%
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| % of Total Cost as Fees/Charges
| 27% | $33 | $43
| 20% | $23 | $22
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| % of Total Cost Directly to Product
| 72% | 72% | 64%
| 80% | 80% | 80%
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| Net to Seller on $300,000 sale Including Buyer's Fee
| $216,000 | $216,000 | $192,000
| $240,000 | $240,000 | $240,000
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| $$ to Total Fees on $300,000 sale Including Buyer's Fee
| $84,000 | $84,000 | $108,000
| $60,000 | $60,000 | $60,000
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Other Seller Considerations
| Auction Process
| AAAWT Process
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| Pays Fee if No Sale (some) | No Fee if No Sale
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| Setting Reserves Discouraged | Mutually Agreed Fixed Price
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| Possible Homerun | Sell at Fair Price
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| Potential Large Loss | No Possible Loss
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| Seller Delivers to Auction | Seller Delivers to Broker
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| Seller does not offer 1 wk Guar | Seller offers 1 wk guar
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| Bidders set final price | Seller + Broker set price
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| Mixed media advertising | Mixed media advertising
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| Fakes and Frauds Risk | Strictly monitored Quality
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| Variable Expertise | Broker Library/Expertise
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| Potential for Pooling | Set Price/anyone can buy
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Other Buyer Considerations
| Auction Process
| AAAWT Process
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| 20% of Buyer Cost to Fees | 0% of Buyer Cost to Fees
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| Buyer Pays Shipping | Buyer Pays Shipping
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| No Guarantee | 1 wk Guarantee
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| Caveat Emptor | Informed Purchase
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| Mixed Service Level | Personal Service
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| Mixed Bid process | In-person, email, phone
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| Mixed Proxy process | Mixed Proxy process
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| Sales Records sold to data base | No records sold
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| In person, email or phone | In person, email, phone
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| Some open bid at high left bid | Fixed Price
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After The Sale:
| Auction Process
| AAAWT Process
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| Remove Unsold from Auction House | Material Remains Temporarily
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| Some Fees May Apply to Unsold | No Fee for Unsold Material
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| Prices are lowered after 2 weeks
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| Process continues if agreed to until Sold
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Note: Of course there are variations and different structures. Not all auctioneers charge these rates; some less, some much more.
We would be happy to sell your single item, major collection, or estate, and we will tailor a program to meet your needs.
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