Introductory Commission

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What is introductory commission?

An introductory commission rate is an agreed percentage of the vendor commission or hammer price paid to a referral vendor by auction houses. In Evo-auction this has been created to be as flexible as possible.

To maximise profit introductory commission is also considered within the break-even calculation.

Periodically you can run an ‘unpaid introductory commission’ report for particular auction or vendor, this then can be used to create a self billed invoice.