The fee charged to the sellerEntity that has legal possession, (ownership) of any interests, benefits or rights inherent to the r... by the auctioneerThe person whom the seller engages to direct, conduct, or be responsible for a sale by auction. This... for providing services, usually a percentage of the gross selling price of the property established by contract (the listing agreement) prior to the auction.
Welcome to the Arkansas State Auctioneers Association