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Selling via a broker

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Selling via a broker Empty Selling via a broker

Post by Paddington on Mon Mar 02, 2020 3:25 pm

I'm wanting to sell my camper and a broker has contacted me. Does anyone have any experience of this and whether it is a good idea? Thanks
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Post by frederic on Mon Mar 02, 2020 4:04 pm

Why not try on here??
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Post by Roopert on Mon Mar 02, 2020 6:05 pm

Have they told you what percentage they will take, and are you happy with it?

Motorhomedepot, for example, charges a minimum £2000 or 10% of the sale value - whichever the greater - up to a max of £5000. That's a lot of cash for essentially just advertising a van for you.

Last van I sold was done via an Ebay classified - at the time, the total cost was £20 and the buyer paid the asking price.


Last edited by Roopert on Mon Mar 02, 2020 7:27 pm; edited 2 times in total
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Post by Paulmold on Mon Mar 02, 2020 6:45 pm

Many mainstream dealers will sell on a commission basis and others such as Wilkins sell for fee.

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Post by Paddington on Tue Mar 03, 2020 2:53 pm

I think they give me the price I advertised on auto trader and they bump up the price and get the difference.
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Post by Dbvwt on Tue Mar 03, 2020 3:14 pm

Regarding Motorhomedepot, I can’t comment from a sellers point of view (Roopert may have more info) but when looking for my van I viewed 2 that were being sold through them.

The viewing process was very professional, everything was arranged with the broker, both gents knew their stuff and weren’t just cowboy salesman and we met at the sellers home address. The broker took control of the whole viewing apart from the test drive.
Obviously they take a big cut and my experience was limited but as I said they seemed like a decent outfit.

If you do go down the broker route be very careful not to get tied into a long contract with them, any sale in this period that is not with them and you may find yourself in a legal battle.
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Post by Roopert on Tue Mar 03, 2020 4:58 pm

Dbvwt wrote:
If you do go down the broker route be very careful not to get tied into a long contract with them, any sale in this period that is not with them and you may find yourself in a legal battle.

Yes, that's true of Motorhomedepot. Even if you sell privately, you will still owe them their £2000-5000 fee once you've signed up.
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Post by steamdrivenandy on Wed Mar 04, 2020 8:03 am

Most motorhome dealerships will sell your van for you and that means that you reduce the hassle, but increase The exposure, as the van is on their forecourt and advertised by them. It could mean you net more if they get a better price minus their commission too.
The lack of upfront, open pricing by brokers always worries me, with a suspicion that they'll charge what they think the seller is mug enough to cough up.
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Post by groundhog on Wed Mar 04, 2020 9:11 am

Tend to agree with many of the above, have sold vans through ebay, one to someone in Skye when we live in Cornwall! Have also sold through a local dealer (Eden motorhomes) and that too worked perfectly, if I couldn't sell through ebay or privately, it is the dealer route I would take. Although I have no experience of selling a van through a broker that would not be my first choice.
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Post by Gromit on Wed Mar 04, 2020 9:55 am

I would agree with Andy.

Reduce what could be a considerable and long lasting hassle, and increase the exposure by asking a dealer to sell it for you.

Even if you have to settle for a bit less than you hoped, it would be far preferable (in my opinion anyway) to get it over and done with quickly and easily, and with no comeback from "the buyer from hell".
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