Hi Fi House liquidation


Just wondering if anyone knows how this auction works with regards to shipping an item to you that you've won?
gooddomino
What is a "Buyers Premium" and why would somebody be willing to pay 15% more for an item?
"Buyers Premium" is the fee the auction house gets. Selling price goes to HiFi house creditors.
I was looking at the PSB headphones they had up for auction. Too many unknowns so I picked up a refurbished pair today from Spearit Sound with a one year warranty. I felt more comfortable buying the headphones via this trusted route of purchase.
A "Buyer's Premium" is common in auctions and it is how the auctioneer is paid.