What is the buyer fee when purchasing through Auctions by Ten-X?
The buyer transaction fee is now 3%, effective September 15, 2025. This is the most competitive fee among major commercial auction platforms.
Why did Auctions by Ten-X reduce the buyer fee?
The fee reduction reflects Auction by Ten-X’s commitment to transparency and efficiency. Lower fees help buyers reduce acquisition costs and participate more competitively in auctions.
Does the 3% fee apply to all Auctions by Ten-X listings?
Yes, the 3% buyer fee applies to all Auctions by Ten-X auction listings unless otherwise noted in the listing terms.
Is there a limit to the buyer fee?
Yes, the total buyer fee will range from a minimum of $20,000 to a maximum of $300,000.