Although commission charges vary for every auction company, many times a buyer’s premium is used when selling real estate at auction. A buyer’s premium is a percentage additionally charged on the final price of the sale and paid by the buyer. As in any business, cheaper is not always better.  One more good bid will more than make up for a little higher commission charged by nationally known, well connected, credible and well respected auction company.

    EHI often recommends a buyers premium that will be paid for by the buyer, with no commission charged to the seller. This means you, the seller, will realize higher net sale proceeds.

   EHI will compensate cooperating real estate brokers through this premium, which encourages them to assist and bring their buyers to the auction. This is beneficial to you, the seller, as well because you will only be dealing with one real estate company- EHI; however, you will benefit from EHI working with multiple brokers from all over the country.