All of the money paid, or bid, goes to entering the sale. If the customer bids $50 to enter, and then spends $100 in your sale, the total amount spent by this customer at your sale is $150. The amount paid to get into the sale has no impact on the amount spent at the sale
Whether it's fixed price sale, or a bid sale, one half of the amount that the customer paid to enter can be applied to purchases made at the sale. In this case, if the buyer pays $50 to enter, and then spends $100 at the sale, the customer will apply a $25 discount on the $100 purchase. The total spent by this customer at your sale will be $125.
No money is returned to the guest if they don't use the entire discount. The customer would pay nothing for items totalling less than $25 (50% of the price paid to enter).
All of the money paid to enter the sale is used towards purchases. For example, a customer pays $50 to enter, and then finds $100 worth of items to buy at the sale. She will receive a $50 discount, and pay just $50 for the items. In this case, the customer will spend $100 total at the sale.
No money is returned to the guest if they don't use the entire discount. The customer would pay nothing for items totalling less than $50 (the amount paid to enter).
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Contact:
469 Franklin Street Buffalo, NY 14202 marshall@estatesaleusa.com(716) 868-9915