Forum Discussion
Bill___Kate
May 09, 2013Explorer
Consignment is more like buying Real Estate than buying from a dealer's inventory. He is sort of acting like an agent for the owner and usually working on a commission. Therefore it is to his best advantage to make the transaction happen - he gets a piece of pie only when the unit sells. He knows what the owner wants, and should be able to figure out what the buyer is willing to play. He can try to talk the owner down, talk the buyer up, or even cut his commission to make the deal.
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