Piano Finder Fee

[Stéphane Collin]

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Hello Terry.

The use here in Belgium is 10 % for the finder.  I mean that the dealer =
pays 10 %  of the piano's end user price to the guy who brings up the =
customer to him.  I never tried to get the 10 % from the dealer AND 10 % =
from the customer.  One can always improve his skills.

Merry christmas out there !

St=E9phane Collin.
  ----- Original Message -----=20
  From: Terry=20
  To: pianotech@ptg.org=20
  Sent: Friday, December 24, 2004 2:15 PM
  Subject: Piano Finder Fee


  I have been asked by a client of mine to find a good used piano for =
their daughter. I am always happy to work with folks to get rid of the =
junk and get a nice piano. The guy is willing to spend up to the $3K to =
$4K range (maybe a nice used Yamy upright). He appears to be the type of =
guy that simply doesn't have the time to do it himself, but wants it to =
happen. He said "find me a nice piano and I'll take care of you".

  We didn't talk about any specifics.

  So it seems apparent to me that he is willing to pay a finder's fee if =
I find him a nice piano. I am aware that some dealers will sell a piano =
for a private owner on consignment. I don't know what percentage is =
typical. I sold two bicycles at two different stores for a 25% =
consignment fee. I have a third at another store that will charge a 15% =
consignment fee. What kind of consignment fees do stores charge for a =
piano sold on consignment. Is that any basis for a finder's fee?

  Has anyone done this sort of thing for a third party? How did it work. =
What were the financial arrangements?

  Thanks.

  Terry Farrell
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