Subscribe


Blog powered by Typepad
Member since 05/2005

January 2009

Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

« Panama canal extension | Main | Lack of what? »

Comments

Agata Grillo

I reckon your formula is very interesting both for clients and for brokers. With the bonus of much more transparency added to deals.
However, there is a point which is not clear to me: how do you deal with the buyer's broker commission? Ideally, wouldn't the seller's broker be managing the 10% commission, erogating 5% of it to the buyer's broker?
thank you for your attention!

david

Agata, the entire commission is paid to the buyer's broker, whatever the amount is. Basically the difference between the gross sales price and the net figure to the owner. That's it, that's all...
David

Tony

Surely the sliding scale fees percentage is a reasonably fair system - reducing as the price rises.

So for instance as above 10% of 585000 euro and 5% of 79,000,000 euro.

Maybe the percentage reduction could be steeper.

david

Tony, there is a sliding scale for brokerage sales. It goes like this:
- Yachts under 10 million the commission is 10%
- Yachts between 10 and 20 million, the commission is 10% on the first 10m, and 5% on the remaining.
- Yachts over 20 million, the commission is 10% on the first 10m, 5% on the next 10m and 2.5% on anything above.
Yes, it could be steeper.

The comments to this entry are closed.