What is the buyer transaction fee on Auctions by Ten-X?

Auctions by Ten-X charges a 3% buyer transaction fee, the most competitive in the commercial real estate auction industry. The 3% fee is calculated based on the winning bid amount. Total fees will range from a minimum of $20,000 to a maximum of $300,000. 

How does the 3% fee benefit sellers and brokers? 

The lower buyer fee reduces cost barriers, attracting more bidders and leading to stronger offers and faster closings. This helps sellers maximize their sale price and enables brokers to improve deal velocity. 

Will the 3% fee change how Auctions by Ten-X supports brokers? 

No. Auctions by Ten-X continues to support brokers with co-listing opportunities, national buyer reach, and marketing tools. The 3% fee enhances buyer engagement without altering our robust broker support.