NAFA To Increase Their Commisions?

One of the trappers who drops off fur at my place said he had heard that NAFA was going to cut percentages on the price they pay for fur on smaller shipments. I don't know if that's been posted on here or not as I haven't been on here lately. Anybody enlightened me?

Haven't heard anything about that. In fact I just dropped off some fur.

Only thing I heard was there might be another change to WFSC but this sounds like some rumormongery going on from either an auction hater...

Did you forget how to get to The Union Tavern? lol

The only change I see for this year is a per pelt charge for shipping(using NAFA pick up service)if you are not a WFSC member.It used to be $9 per bag I think.This makes more sense for small shippers who did not want to pay the membership fee.
If you ship directly to the warehouse the charge does not apply.

Freight has always been per pelt since I started shipping to NAFA in '03'

Groney doesn't show until Feb 2nd.

Not here.That is new.

The seller side commission is more of a marketing ploy. The commission and fees buyers pay ( comes out of your pocket ) are unpublished. I could be wrong, but I believe many of these are made up and given to buyers a few weeks before each auction.


This goes for both FHA and NAFA so this makes me an Canadian Auction, basher not a NAFA basher. This time.

I think I read in ITS that they were going to charge higher fees on those who have less then $100 worth of fur

The buyer commissions are established at the beginning of each season. They are published in each catalog. Three fees -

5.5 % of hammer price

Per pelt commission that varies by species

Per pelt packing fee that varies by species

On some low grade items, you pay more in fees than you do hammer price.

Seller fees have been published before, I think the commission part was around 10% but that may of changed since I cant find it again.

Thanks for correcting me. The trappers cannot access this information? Is this published prior to first receiving date ? Thanks!

When all is said and done,with buyers and sellers commissions/fees/charges,the Auctions take in about 20 -25% of the selling price of each piece of fur that goes thru,except the years that they pay out profit sharing dividends.

Hope the next sale is better than the last one. Some left-overs sold and it's not pretty!

Dirt - I'm not sure if the sellers can access the buyers fee schedule. I have never been able to find it on the NAFA web site. It is published in the catalog the buyers use. And it is usually available as a separate handout when the buyer registers.

Most shippers are not aware that the buyers pay fees and commissions.

NAFA is making money on both ends and as Boco said, it amounts to a fsirngood chunk of change.

That's where the guy who told me about it said he read it, in ITS. I'll ask the guy who picks up fur at my place. He'll know for sure.

LMAO!! That’s a good way to attract new shippers. Takes quite a bit of fur to exceed $100 now. Considering what they’ve been selling for as of late.

And on some not so low grade items the additional CITIES fees are pretty stiff. Buyers pay $7 USD. for each otter and ten bucks for each cat. This certainly affects how much a buyer wants to pay for a trappers skins at auction, on top of all the other fees and commissions.

The CITES fees are already included in one of the above fees, not sure which one. It might be the packing fee. Last time I checked, the packing fee on a Wolf was $20.00, which included the CITES paperwork.

Nothing Is cast In stone.

It say's small shippers MAY have to pay more In the future.

If that doesn't include the $2 fee to the trapper for the otter, then that is $9 CITES fee for otters that sell for $30 average. I only get paid $1 to fill out a whole page of information with size, sex, month of harvest of each otter and squeeze those plastic tags through those tiny otter eyes. Man! Am I a sucker?

So they charge the seller and the buyer for CITES paperwork??

True

9 percent or 20 percent of nothing is still nothing isn't it? lol

Yup

So, is WFSC membership now $50 a year? If they charged me $100 in Dec for membership, I'm now paid up through Dec 2020...?

Sell to Groeny
He ain’t no phoney
Burma Shave

Yup - both buyers and sellers pay for CITES paperwork.

Good luck with that. When an auction company cuts a deal with a buyer to purchase 70 thousand Coon without another buyer in the room is pretty concerning. Fha for me now. The popular fire sale. No wonder the trucks were empty.

....to do that.....it will average out to be about 101 coon

It's $100.00 for 4 years which gives you the reduced commission rate of 9% instead of the regular 11%.

Jim,ask them if I pay 200 for 4 years if I can I knock it down to 7%?

Groeny Rocks!!!!

Uh huh. Tell that to all the mad shippers. It is an auction house. You know where buyers go to bid on your fur.

Small shippers may pay more. OK Then a couple can pool their collections and grade them out roughly and send them in a composite format. No big deal. One will get the commission back quicker as well.

I can see a raise to help function as an organization. 9% of a $20 coon is $1.80. 11% of a $10 coon is $1.10. It is harder to pay for the shippers savings when prices are lower but then prices are lower throughout the industry as well.

Bryce

What you going back to the 1980 rates Boco............then maybe the same prices for lynx then that would be grand..grand.. GRAND or in plain English $ 1000.00 a lynx

I wonder if both sides will get a certification and traceability fee? What's your vision for 2020 say?

Auctions work well when demand exceeds supply, creating competition. When supply exceeds demand, not so much.

Dang, sounds like Alaska sucks. I pay $0.25 for a CITES tag, and don't have to fill out any paperwork.

Dirt and Wy wolfer are talking about the fees that NAFA charges to do the paperwork to travel CITES goods. Has nothing to,do,with whatna state charges to put a CITES tag on a pelt.