Join Date: Jun 2008
Location: Fort Lauderdale
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Re: Boat Too Cheap to get a Buyer's Broker?
I think most brokers charge 10% commission with a minimum of $500. So a $3000 boat will have a commission of $500 split between 2 brokers for $250 each. I've met brokers who wouldn't walk down the dock for $250.
For the money you are looking to spend, I think Bljones is right, you going to be doing your own tire kicking and dealing directly with sellers - no brokers involved.
It's actually worse than that as the house takes half of the $500. That leaves $250 to split two ways = $125 per broker.