Please don't think that GL only profits from the 10% BP. I contracted with a local auction house today to sell some machine tools for the co I work. They also have a BP of 10%. The seller premium is 35%!!!!! We only get 65 cents on the dollar, and then the auction house gets another 10 cents from the buyer. This appears to be the norm in the auction world. But they have 10+ employees and 5 acres with 30,000 sf of buildings, so you can see that they would need that kind of $$ to stay in business.