Join Date: Nov 2011
Location: Central New York
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Re: buyer's broker payment questions
I'm in Real Estate and I often work as a buyer's broker. bljones is right. A good broker will not wish to waste his time pushing you towards something you dont want. If you decide to go with a broker, be forthright and realistic
about your needs and wants in a boat and make sure to discuss them frankly with your broker. That more than anything else will help you both greatly.
As someone who works on commission, I will argue that if you want results, hire a guy who doesn't get paid unless he gets the job done.
Of course, there are those who argue that "well, because a broker works on commission, he is going to steer me toward higher priced boats so he can make more money."
It makes no sense to a commission broker to steer you toward a boat you won't buy. It wastes his time and money, because if you don't buy he makes nothing. He also runs the risk of losing you as clients, because he is wasting YOUR time, too.
A GOOD broker will find you the right boat, at the right price, as quickly as possible.
2003 Hunter 260
"Any damn fool can navigate the world sober. It takes a really good sailor to do it drunk." - Sir Francis Chichester while loading his boat with gin.
WORK IS OVER-RATED