DORSET auctioneers Cottees are under new ownership and have bucked the trend of rising charges in the saleroom by cutting both their buyer’s premium and vendor’s charges.
Now owned by locally-based recycling businessman Geoff Thompson,
Cottees' commissions for buyers have been slashed from 16.5 per
cent to 10 per cent, while their standard rate for vendors has been
cut from 17.5 per cent to 10 per cent.
Senior auctioneer John Condie told ATG: "We hope this will
generate new business. We already saw some new faces coming in for
the sale last week."
Mr Thompson, who runs W&S Recycling and has a long-standing
connection with the Wareham auctioneers, takes over from former
directors Jeni Bullock and William Grounds.
With other auction houses in the area having closed down, they are
also looking into new ways to attract business.
"We're keen to take advantage of all the visitors who come down to
Dorset," said Mr Condie. "People don't always have time to attend
sales when they're working, but when on holiday they might be more
willing to attend viewings and put in bids."
Cottees have also looked into the increasingly common practice of
staging Saturday sales.
"We already hold our toy sales on Saturdays, and we're now doing
the same with a special Poole Pottery sale," said Mr Cottee. This
sale is scheduled to take place on Saturday October 14 and they are
currently taking consignments.
By Alex Capon