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Revenues
12 Months Ended
Dec. 31, 2022
Revenues.  
Revenues

6.    Revenues

The Company’s revenue from the rendering of services and sale of inventory is as follows:

Year ended December 31,

2022

    

2021

    

2020

Commissions

 

$

485,916

 

$

469,718

 

$

452,882

Fees

Auction related fees

366,079

293,408

291,775

Financing fees

68,862

46,991

32,216

Other fees

129,726

107,642

94,723

Service revenue

 

1,050,583

 

917,759

 

871,596

Inventory sales revenue

 

683,225

 

499,212

 

505,664

$

1,733,808

$

1,416,971

$

1,377,260

Auction related fees primarily relate to buyer transaction fees and other fees required to generate revenue from auction and marketplaces activities. Financing fees are fees earned in RBFS relating to loan origination services. Other fees include revenue from other services, including ancillary, parts, data, logistics, inspection, appraisal and online listing services.