What Is An Administration Fee? - Auction House

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1. Home
2. Guide
3. What Is An Administration Fee

What is an Administration Fee?

An Administration Fee or Charge covers the auctioneer’s costs in servicing the requirements of all those interested in purchasing the property. It is common practice and the fee (plus VAT) will be payable by the buyer along with the 10% deposit after the gavel falls. The amount can either be a fixed fee, or a percentage of the sale price (subject to a minimum amount). Please check the property details for more information.

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