Commission
A fee paid out to the company for the sale of a customer’s property, which is typically a percentage of the sale price.
Other resale terms
- Antique
- API (Application Programming Interface)
- Appraisal
- Auction House
- Brick & Mortar
- Buyout
- Circular Economy
- Commission Structure
- Condition
- Consignment
- Consignor
- Customer-to-Business Transaction (C2B)
- Dealer
- E-commerce
- Estate Sale
- Fair Market Value
- Insurance Value
- Linear Economy
- Managed Marketplace
- Offer option
- Pawnshop
- Peer-to-Peer Marketplace (P2P)
- Pre-owned
- Pricing Strategy
- Primary Market
- Recommerce
- Replacement Value
- Resell Interface
- Retailer
- Secondary Market
- Sell-through rate / Sales turnover
- Software as a service (SaaS)
- Target markup
- Thrift Shop
- Trade-in
- Vintage