Quote:
Originally Posted by mramoo
I am having a hard time getting head around this. You now have two brokers splitting the commission, and each is trying to make a living. To me this means that they would like to get as much income as possible. This means selling the vessel for as much as they can get. So why would a broker try hard to get you the lowest price for the vessel.
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Really no different than real estate brokers. They split their fees and also with the "house" (brokerage). As with real estate, your income is based on as many sales as you can close...small and large. Reputation, successful purchases and happy clients get you more clients. It adds up. Plus the last word on how much the boat sells for is usually the seller.