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two brokers or one

RP
Richard P
Thu, Nov 12, 2020 11:41 PM

I am considering buying a vessel that is now in Florida, Tampa Bay. I have
made contact with the listing agent. An acquaintance of mine is a broker
(not the listing agent)  and offered to represent me in an offer. Is there
any advantage to bring in this second broker? It seems to me that if the
commission is split between brokers, you have the best chance of an offer
accepted if the listing agent is the only one involved since his/her
commission is doubled as compared to a second broker representing the buyer.

Richard P

I am considering buying a vessel that is now in Florida, Tampa Bay. I have made contact with the listing agent. An acquaintance of mine is a broker (not the listing agent) and offered to represent me in an offer. Is there any advantage to bring in this second broker? It seems to me that if the commission is split between brokers, you have the best chance of an offer accepted if the listing agent is the only one involved since his/her commission is doubled as compared to a second broker representing the buyer. Richard P
SB
Steve Bedford
Sat, Nov 14, 2020 1:00 AM

Richard,
I always feel it is in your best interests to have someone representing your in interests. The listing agent was hired by the seller first. I just purchased a boat in St Petersburg and I hired my own broker from Virginia. He communicated with the other broker for me, he accompanied me for the survey, he advised me, and much more. The commission is the commission. It might as well be split between the two brokers. I never felt the seller’s broker was in my corner and definitely not in this sale.

Steve
————
Steve Bedford
2007 Jefferson Rivanna 45’
maxmarineproducts.com, SuperMAX Anchors
Burgess, Virginia

Sent from my iPhone. Please excuse misused words due to “auto correct” function.

On Nov 12, 2020, at 18:43, Richard P via Trawlers-and-Trawlering trawlers@lists.trawlering.com wrote:

I am considering buying a vessel that is now in Florida, Tampa Bay. I have
made contact with the listing agent. An acquaintance of mine is a broker
(not the listing agent)  and offered to represent me in an offer. Is there
any advantage to bring in this second broker? It seems to me that if the
commission is split between brokers, you have the best chance of an offer
accepted if the listing agent is the only one involved since his/her
commission is doubled as compared to a second broker representing the buyer.

Richard P


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Richard, I always feel it is in your best interests to have someone representing your in interests. The listing agent was hired by the seller first. I just purchased a boat in St Petersburg and I hired my own broker from Virginia. He communicated with the other broker for me, he accompanied me for the survey, he advised me, and much more. The commission is the commission. It might as well be split between the two brokers. I never felt the seller’s broker was in my corner and definitely not in this sale. Steve ———— Steve Bedford 2007 Jefferson Rivanna 45’ maxmarineproducts.com, SuperMAX Anchors Burgess, Virginia Sent from my iPhone. Please excuse misused words due to “auto correct” function. > On Nov 12, 2020, at 18:43, Richard P via Trawlers-and-Trawlering <trawlers@lists.trawlering.com> wrote: > > I am considering buying a vessel that is now in Florida, Tampa Bay. I have > made contact with the listing agent. An acquaintance of mine is a broker > (not the listing agent) and offered to represent me in an offer. Is there > any advantage to bring in this second broker? It seems to me that if the > commission is split between brokers, you have the best chance of an offer > accepted if the listing agent is the only one involved since his/her > commission is doubled as compared to a second broker representing the buyer. > > Richard P > _______________________________________________ > http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > > To unsubscribe or modify your subscription options (get password, change email address, etc) go to: http://lists.trawlering.com/mailman/listinfo/trawlers_lists.trawlering.com > Trawlers & Trawlering and T&T are trademarks of Water World > Productions. Unauthorized use is prohibited.