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Russt1950 · 22-09-2011, 10:27

I am close to making an offer on a boat after looking for awhile. I know this other broker who sold my boat very well. He is trying to talk me in to using him for negotiations and making the process easier. Are there any advantages or disadvantages for me the buyer using a broker for the sale? I know he will get half the commission. Will this piss the other broker off, or does it matter? It cost me no money either way. Thoughts apprecciated! Thanks, Russell

Cheechako · 22-09-2011, 10:37

Have you already talked to the other broker etc? If so it would probably be inappropriate...

Richard Jordan · 22-09-2011, 10:47

Quote:

Originally Posted by Russt1950

I am close to making an offer on a boat after looking for awhile. I know this other broker who sold my boat very well. He is trying to talk me in to using him for negotiations and making the process easier. Are there any advantages or disadvantages for me the buyer using a broker for the sale? I know he will get half the commission. Will this piss the other broker off, or does it matter? It cost me no money either way. Thoughts apprecciated! Thanks, Russell

I'd say about 50% of the deals we do are co-broker arrangements. It is normal and will not anger the selling broker. It's good to have a guy on your side. Remember the selling agent has a longer term relationship with the owner than you and has loyalties to his client. If the deal falls through, he hopes to continue representing the vessel so will naturally want to maintain a good relationship with his seller.