Join Date: Nov 2009
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Re: Boat selling question
The buyer and the broker may have a deal, but unless part of the purchase agreement is that you pay the brokers fee...the buyer will have to eat the brokers fee. Careful what you sign.
Kicking around the 6%/3% is a real estate norm. Boat brokers norm is 10%, and that would be split if both are represented by a broker. Otherwise, the listing broker gets the whole nut if the seller finds the boat through them.