Thread: Buyers Broker
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Old 07-01-2009, 07:41   #3
JusDreaming
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Join Date: Jul 2004
Location: Stuart, FL & Bahamas Cruising
Boat: Lagoon 37
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We did the same as you speak of as far as narrowing things down! Then used Phil Berman as our "buyer's broker" and had absolute success. He pretty much only deals with cats but, he was fantastic. And he did beat up the other broker on price to the point I was embarrassed with the offers. But in the end he saved us a ton of money. All escrow money was in his/our hands, which meant we pretty much controlled what happened. Bottom line is I would highly recommend him or at least using a "buyers broker"
About commissions as our house broker told me, " If they tried to get too much money for a house to boost his commission as much as possible, they would never sell anything". The percentage that they make would be nullified by not selling as many deals
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