View Single Post
  #3  
Old August 13th 06, 03:12 AM posted to rec.aviation.owning
Jonathan Goodish
external usenet poster
 
Posts: 190
Default Are all aircraft brokers like this?

In article ,
Roy Smith wrote:
"Stan Prevost" wrote:
The amount of money was minor, and the broker wound up paying it. But
it certainly cast doubt on how zealously he had represented me during
the entire process.


What on Earth makes you think a broker (any broker) is representing any
interests other than his own? His only job is to make sure the deal goes
through, so he gets his commission.


If I hire someone to represent me and sell my airplane (or house, etc.)
I expect them to represent MY best interests, because that's what
they're being paid to do. This usually works out fine for everyone,
because the broker gets a percentage of the sale, so he has incentive to
get the highest possible sale price. However, this is tempered by the
broker's desire to get the sale done quickly and move on to the next
deal. In either case, I'm not sure how advising a potential buyer to
extend negotiations and possibly drive down the sale price (or put the
deal at greater risk) accomplishes either goal for the broker.



JKG