C368 The Five Great Clans
C368 The Five Great Clans
"The only auction house?" Qin Ming was slightly surprised. Even in the Chen Yang City, there wasn't only one auction house. Why was there only one auction house in this huge Cliff City?
As if he had seen through Qin Ming's doubt, the young man continued, "The Cliff City Auction House is an auction house jointly run by the five big families of the Cliff City. Furthermore, it is prohibited to set up an auction house in the entire Cliff City.
With the boycott of the five biggest families in Cliff City, no one in Cliff City would dare to open an auction house."
"Five big families? It seems like the entire Cliff City is under the control of these five families." Qin Ming suddenly realized what was going on.
The young man said with a smile: "Yes, young master is right. The entire Cliff City is under the control of these five families. All five families have Expert of Martial Sovereign, and no one dares to disobey their will."
Martial Sovereign.
Qin Ming understood in his heart.
What kind of existence was a Martial Sovereign? With the Spiritual Energy in the entire continent, a Martial Sovereign was probably the most powerful existence in the world.
The young man continued his introduction, "The reason why the Cliff City could become the most prosperous city in the Da Xia Dynasty is because of the five major families. It's because they managed the business order of the entire Cliff City that the Cliff City slowly became prosperous."
"There's another important reason. The road to the Cliff City is very easy to walk on." Qin Ming said with a smile.
"Young Master is right. The road to the east of Cliff City is connected to the Great Xia Dynasty. The road to the west is connected to the Da Xia City. The whole road is paved with hard rocks. It is quite easy to walk." The young man said with a smile.
The reason why Cliff City was called Cliff City was because the mountain range behind Cliff City was rich in hard rocks. This kind of rock had no effect at all. The only advantage was that it was hard and very hard. The five families used these rocks to pave the way. It allowed the Cliff City to have a wide range of connections, which created the business status of the Cliff City in the Da Xia Dynasty.
"You wait outside. I'll go in and take a look." Qin Ming said to the young man.
"Alright, young master, please." The young man bowed.
"Young Master. Hello, may I ask if you need any help? "
As soon as Qin Ming entered, a female servant dressed in grey came over to ask him.
Qin Ming said, "This is my first time coming to Cliff City. Introduce me."
The maid didn't look down on Qin Ming because it was his first time coming to Cliff City. She patiently asked. "What do you want to know first, young master?"
"I want to know how to auction it first!" Qin Ming's eyes swept across the entire auction house. Many people were busy. According to Qin Ming's observation, the first floor should be the place to appraise treasures and items.
The servant girl said. The auction area of our Cliff City Auction House is on the second and third floor. The second floor will only open when all the treasures are gathered.
The auction area of the third floor only opens at a fixed time every day. Moreover, there will be a grand auction on the third floor every month at the beginning of every month. At that time, all kinds of rare treasures will appear in the auction. The auction that is held at the beginning of every month will be the busiest time in the entire auction house."
Qin Ming nodded and asked, "How can we place the treasures on the third floor for auction?"
"This needs to be appraised. There are many appraisal grandmasters on the first floor of our auction house, and there are even the most famous appraisal grandmasters in the entire continent. Each treasure can accurately estimate its value." The servant girl smiled and said, "We'll charge 10% of the auction fees for the treasures being auctioned on the first floor.
If they are appraised as treasures, then they can enter the auction on the third floor. The auction house will only charge half of the transaction fee. "
Qin Ming understood. Although this auction house was expensive, if there were a lot of people in the auction house, then the price of the items would be much higher. To the owner of the auction house, this little bit of handling fee was nothing.
"Unless it's the owner of a three star gold medal, our auction house will auction one item and settle the accounts for one item. Moreover, the auction house will go through an audit to ensure that every auctioneer has a Spirit Stone to pay for it. Customer, you can rest assured about our auction house." The maid said again.
"Hmm? Three-star gold medal?" Qin Ming looked at the maid in confusion.
The maid smiled and said, "According to the transaction amount, we will give out identity certificates here. One didn't need an identity token to enter an ordinary second floor auction, they only needed ten thousand mid-grade Spirit Stone. As for the third floor auction, one needed to possess an identity token with a one star bronze plate or a million mid-grade Spirit Stone.
During the grand auction at the beginning of the month, you also need to have a million High-grade Spirit Stone or two star silver token."
"So that's how it is." Qin Ming smiled and said, "It is really difficult to enter your treasure auction area."
"This is also for the sake of the guests." The female attendant explained, "The reason why the auction house set up these doorsteps is to stop those people who only want to come and visit but don't have Spirit Stone. Although the auction house is big, there are still a number of seats. Our auction house needs to ensure that every auctioneer has the ability.
Furthermore, the identity token is not only the qualification to enter the auction, it is also a symbol of one's identity. A distinguished guest with a three star gold token can be auctioned at the auction house, and the handling fee can be reduced by 50%. "