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Understanding Buyer's Premium Fees at Twin Cities Auctions

Buyer's Premium Rates
From Price To Price Amount
$0.01 $249.00 $89.00 Flat fee
$249.01 $499.00 $139.00 Flat fee
$499.01 $899.00 $219.00 Flat fee
$899.01 $1,199.00 $259.00 Flat fee
$1,199.01 $1,599.00 $349.00 Flat fee
$1,599.01 $1,999.00 $409.00 Flat fee
$1,999.01 $2,499.00 $459.00 Flat fee
$2,499.01 $3,499.00 $499.00 Flat fee
$3,499.01 $4,999.00 $549.00 Flat fee
$4,999.01 $6,999.00 $629.00 Flat fee
$6,999.01 $9,999.00 $729.00 Flat fee
$9,999.01 $14,999.00 $799.00 Flat fee
$14,999.01 $15,000.00+ 7% of the purchase price
Administrative Fee
From Price To Price Amount
$0.01 $499.00 $99.00 Flat fee
$499.01 $999.00 $125.00 Flat fee
$999.01 $1,999.00 $159.00 Flat fee
$1,999.01 $3,999.00 $189.00 Flat fee
$3,999.01 $14,999.00 $209.00 Flat fee
$14,999.01 $15,000.00+ $249.00 Flat fee
Understanding the Buyer's Premium

When you make an offer and complete a purchase through Twin Cities Auctions, a buyer's premium will be added to the final purchase price. This fee helps cover the costs of operating our business, including marketing, staff salaries, and catalog production.

Here are some key details about buyer’s premium rates at Twin Cities Auctions:

  • The buyer’s premium is non-negotiable, meaning it cannot be adjusted under any circumstances.
  • It is added to the final offer price before taxes and other fees, so please consider this in your total purchase cost.
  • The exact percentage may vary depending on the type of item, but it is a standard part of every completed offer.

Knowing about the buyer's premium will help you set a realistic budget and avoid any surprises when making an offer. Be sure to include the premium in your calculations to ensure a smooth and enjoyable buying experience.

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