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Old 12-04-2021, 14:01   #1
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Join Date: Feb 2021
Posts: 42
Buyer broker referral

Does anyone know of a good well trusted broker for buying an older boat in BC , Vancouver iIsland area?

Who pays the fees for the broker when you have a broker , is it the buyer or the seller, or both? I’ve been told that for buying a boat, the seller pays , and not the buyer, even if the buyer has a broker to represent him, but then I’ve been told by someone e else that the buyer pays as well...so which one is the correct one?
Thanks a lot.
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Old 12-04-2021, 14:12   #2
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Re: Buyer broker referral

Moretolife, The brokerage fee is taken from the sell price so it’s the seller who pays. If only one broker is involved, that broker gets the commission; if two brokers are involved, they split the commission.

Capt Clark.
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