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Old 04-28-2003, 08:01 PM
MotownMadman MotownMadman is offline
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Default Re: finders fees and related

A typical broker fee is around 5%, which can be from buyer, seller, or split between the two. A reputable broker does assume a degree of responsibility however as to the car being as advertised, such as verifing the car to be genuine, correct componants, etc. With the prices of these cars reaching that of real estate, the broker assumes similar liability as that of a real estate agent. Be aware of a broker who only has interest in making a profit and not being concerned with the satisfaction of both the buyer and seller. There are good and bad agents out there, just as in any business. Best to use someone who can offer up references of previous satisfied clients, and someone who has a vast amount of knowledge of the cars that are being bought/sold.
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Motown [img]/ubbthreads/images/graemlins/beers.gif[/img]
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