brokered boat commisions ?
 

typically what percent commission does a broker get for selling a used boat ?

Re: brokered boat commisions ?
 

10%

Re: brokered boat commisions ?
 

10%

Re: brokered boat commisions ?
 

10%

Re: brokered boat commisions ?
 

Yup............10%

Re: brokered boat commisions ?
 

I have heard it is around....... 10%. :cool:

Re: brokered boat commisions ?
 

10%

Re: brokered boat commisions ?
 

10%

Re: brokered boat commisions ?
 

I'm going to go out on a limb and say.............10%

:D :drink: :evilb:

Re: brokered boat commisions ?
 

Sometimes 5% if you buy your next boat from them.

Re: brokered boat commisions ?
 

Hmmm....

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

Re: brokered boat commisions ?
 

so they tell you... 10%

Re: brokered boat commisions ?
 

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

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.

Re: brokered boat commisions ?
 

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

Re: brokered boat commisions ?
 

I was approached by a broker by phone just today that wanted 8% ...

Re: brokered boat commisions ?
 

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

Re: brokered boat commisions ?
 

I'd like to phone a friend, Regis.

Re: brokered boat commisions ?
 

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.

Re: brokered boat commisions ?
 

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.

Re: brokered boat commisions ?
 

How do you pay your individual salesman if there is no commision on the brokered boat?

Re: brokered boat commisions ?
 

In Europe, broker gets 10% if he achieves the asking price. Which means almost never. If the selling price is negotiated, usually the commission is negotiated as well. Usually, this means that the broker will end up with 5 to 8%. And it makes sense: if the owner makes an effort on the price, the broker should make an effort on commission.

On new constructions, shipyards will usually give 5% although some are now starting to offer 10% to attract brokers and encourage them to offer their products to customers.

On very large stuff, the scale goes as follows:

10% on the first $ 10 000 000 value
5% on the next $ 10 000 000 value
2.5% on any value over $ 20 000 000

So you can hope to get 10% only on stuff under $ 10 million.

Re: brokered boat commisions ?
 

I have been able to negotitate a lower % before.