Broker rates

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Touchdown! Greaser!
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Dave Taylor
What are some usual broker rates for a/c sales 50-100K value
What rates have you seen/heard of?
 
I've heard 4-10%, depending on the price of the plane (lower price= higher percentage) but haven't seen any agreements to support those numbers.

What are some usual broker rates for a/c sales 50-100K value
What rates have you seen/heard of?
 
15% was quoted to me, although when we settled up he took a lot less.
 
Also depends on what level of marketing services.

- Just listed on brokers own website
- Included in summary ads
- Separate ad on controller or TAP
 
Most of my experience is in the price range north of $400K and the rates I've seen are 4% for a basic service and 5% for a full on marketing of the aircraft including mailings and all the classified outlets. It depends on what you're looking for. If you're willing to meet all the tire kickers and do most of the work yourself you shouldn't pay much for someone just to handle the transaction. But if you're looking for someone to aggressively market your airplane, take all the calls, weed out the dreamers and tire kickers, qualify them financially, arrange for whatever training the buyer might need to own your plane, ... then that stuff costs a lot regardless of the value of your plane and you should expect to pay for it - and when you do, get it. Finding a good broker is a tougher question to answer 'cause their rare as hen's teeth.
 
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