if you were working as agent to help a seller sell his merchandise, how much would you charge?

Question

the items will sell for at least $200,000. its bad enough if there is nothing paid up front, but once the sell is final, what would be an appropiate fee to charge the seller for your services?

thanks for all your excellent replies!! yeah im not a pro, but i should get something for finding the potential buyer!! i never asked for anything up front so that in itself is costing me....i have no problem waiting until the sale is final, but some type of contract needs to be in place before i continue.... the items are one of a kind collector sports items and memorabilla.. authographed things etc. the seller is actually losing out by wanting to sell it as one big lot .....my suggestion was smaller lots on ebay..he could almost triple what he's asking for! but hey, whatever, not my problem..

Answer 1

i think it depends on the agreement before you take the jobs baby..
in my opinion the minimum rate is 2.5% up to 10%..

Answer 2

It would depend on the type of merchandise and the market for it (soft or hard). It would also depend upon my costs to market.

Generally, for something that costs that much, I would charge 10% for the first item, and then a higher percentage for each additional item up to some maximum - say 20% if I sold over 6 units.

If this is a product that has a high markup and a specialty or soft market, then I might double the rates above.

Answer 3

Normally for imp/exp the agency fees are 5% but some
items like machineries, because of the saleability and
time consuming and traveling, the fees can be up to 10%.

Answer 4

Ask for 30%. Negotiate. Settle for 10%.

Answer 5

1% if you're not a professional - and I guess since you're asking.... and you didn't include Cost of Good Sold....

up to 8% if you think your'e a pro... go ahead - try it