SailNet Community - View Single Post - Buyer broker and Initial Bidding Strategy
View Single Post
  #5  
Old 03-24-2008
camaraderie's Avatar
camaraderie camaraderie is offline
moderate?
 
Join Date: May 2002
Location: East Coast
Posts: 13,878
Thanks: 0
Thanked 2 Times in 2 Posts
Rep Power: 14
camaraderie is a jewel in the rough camaraderie is a jewel in the rough camaraderie is a jewel in the rough
The only other caveat I would have Jody is that when you use a buyers broker you are getting into a split commission scenario and the selling broker has less $$ at stake. I have been in situations where the selling broker has thrown something in on the deal because he was getting the full 10% and could afford to in order to make the deal. This won't happen in a split sale.
__________________
No longer posting. Reach me by PM!
Reply With Quote Share with Facebook