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-   -   brokered boat commisions ? (https://www.offshoreonly.com/forums/general-boating-discussion/114630-brokered-boat-commisions.html)

two-air 10-18-2005 02:41 PM

Re: brokered boat commisions ?
 
Hmmm....

I'm going to take a stab... Maybe 10%?? Just a guess

packinair 10-18-2005 03:17 PM

Re: brokered boat commisions ?
 

Originally Posted by wananewboat
Sometimes 5% if you buy your next boat from them.

so they tell you... 10%

wantsa311 10-18-2005 05:04 PM

Re: brokered boat commisions ?
 
10% or a minimum, usually 3,000. Expensive if you're selling a cheaper boat. Better off with BoatTrader.

LIOPA 10-18-2005 05:18 PM

Re: brokered boat commisions ?
 
In most cases we will broker your old boat free of commission charges if your buying a "NEW" boat from us. If you back out of the "NEW" boat purchase after the sale of your old boat its 10%. It works very well for both the customer and the dealership. You get full selling price for your old boat without getting hammered on a trade in # and the new boat price is a straight up fair # without making up the difference for a high trade in # to make the deal happen. It's a WIN/WIN situation and our clients love it.

45sonic 10-18-2005 06:03 PM

Re: brokered boat commisions ?
 
10% unless otherwise stated. Some brokers will negotiate 8% or lower if you purchase the next boat through them

AMERICAN BAD A$$ 10-18-2005 06:12 PM

Re: brokered boat commisions ?
 
I was approached by a broker by phone just today that wanted 8% ...

t500hps 10-18-2005 06:53 PM

Re: brokered boat commisions ?
 

Originally Posted by LIOPA
In most cases we will broker your old boat free of commission charges if your buying a "NEW" boat from us. If you back out of the "NEW" boat purchase after the sale of your old boat its 10%. It works very well for both the customer and the dealership. You get full selling price for your old boat without getting hammered on a trade in # and the new boat price is a straight up fair # without making up the difference for a high trade in # to make the deal happen. It's a WIN/WIN situation and our clients love it.

I like this philosophy. Sounds like good business practices to me.
and 10% except in rare cases.... :D

Catagory5 10-18-2005 08:38 PM

Re: brokered boat commisions ?
 
I'd like to phone a friend, Regis.

Edward R. Cozzi 10-18-2005 09:22 PM

Re: brokered boat commisions ?
 

Originally Posted by 26sonic
typically what percent commission does a broker get for selling a used boat ?

The gross commission is 10%, but the broker HIMSELF only gets what he doesn't share with the house he works for.

It even gets more confusing if the broker is selling another brokers listing from another house. The broker makes the most money when he sells his own listing.

LIOPA 10-19-2005 09:41 AM

Re: brokered boat commisions ?
 

Originally Posted by t500hps
I like this philosophy. Sounds like good business practices to me.
and 10% except in rare cases.... :D


Thank You and yes it works very well with NO CONFUSSION of a so to speak "shell game". It is very fair and really builds client loyalty. We do not co-broker either. The overall philosophy is that both parties walk away happy and feel like they were treated fairly and honestly.


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