Source: wikibot/buyer-s-premium
= Buyer's premium
{wiki=Buyer's_premium}
A buyer's premium is a fee that is added to the final bid price of an item being sold at auction. This percentage is typically a percentage of the final price and is charged by the auction house as a commission for facilitating the sale. The buyer's premium is paid by the winning bidder on top of the final bid amount and is usually disclosed in the auction terms and conditions before the auction takes place.