View Poll Results: would you sell for 5k or hold out for more? 250k purchase
take the deal
48
78.69%
hold out for more.. its not my boat anyway..
11
18.03%
only one guy would do that
2
3.28%
Voters: 61. You may not vote on this poll

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brokers give me a break

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Old 05-18-2008, 06:48 PM
  #1
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Default brokers give me a break

walk with 5k or wait?
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Old 05-18-2008, 07:44 PM
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5G's on a 250K deal is not worth the paperwork. Sorry, just my .02 and I've been an employing broker since '98.

every time I've done a deal like that it has ALWAYS come back to bite me
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Old 05-18-2008, 07:50 PM
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Quote:
Originally Posted by customryder View Post
walk with 5k or wait?
Is it an easy 5k or is there repairs & service to make it happen? P.S......Thats an 80% discount from a full commision.....
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Old 05-18-2008, 08:35 PM
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Get on with life . Make it up on the next deal.
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Old 05-18-2008, 08:48 PM
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Get on with life . Make it up on the next deal.
You are the next deal........................................... The guy before you paid just 5K
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Old 05-18-2008, 10:32 PM
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I say if you can walk away with money in your pocket that sounds good to me most people loose money on personal boat sales
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Old 05-19-2008, 12:21 AM
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I am a land developer and a high end builder, million plus dollar homes. In this uncertain economy my .02 dump and run. A deal is a deal.
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Old 05-19-2008, 03:44 AM
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As a broker my contracts always stated 10% was paid to me upon completion of contract duties, NOT I would really like to see 10% but we can talk about it when it happens. Get the final prices signed by both parties and if the seller pulls the "Lower your commision BS" slap a lein on the boat for breach and collect your 10% from the bank. A deal is a deal!
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Old 05-19-2008, 07:31 AM
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Quote:
Originally Posted by DollaBill View Post
5G's on a 250K deal is not worth the paperwork. Sorry, just my .02 and I've been an employing broker since '98.

every time I've done a deal like that it has ALWAYS come back to bite me

I agree....it depends what your buying or selling..appreciating asset or depreciating like a boat...If you can afford to hold great..every skinny deal I've done turns out that the buyer was the biggest PITA and worse after the sale..always wanting something for free, just to turn around later and resell for a profit..and then let me still handle all the warranty claims after the 1 yr period was over..
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Old 05-19-2008, 08:01 AM
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I'm not a fan of brokers or real estate agents, but if they have a contract for a % of selling price ie; 10 % of 250K thats 25K, if the price of the boat drops to 225k thats still 22.5k. the broker, ultimately yes would like to make more, same as the seller, is the 5K gross? regardles the % is the %...broker shouldn't be asked to come down on his fee, the boat owner makes all the decisions.
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