Selling Client Piano

[Dean May]

Terry

 

I always charge 30%. Plus the buyer usually pays me a moving fee and a
tuning/prep fee. Sometimes I throw in the tuning for free. I tell people
that using me to broker their piano will usually net them about the same
amount of money as selling it their self or a little more, plus they won't
have to hassle with it. And I've sold enough of them and follow the market
closely enough to know that my claim is true. 

 

You have contacts the church does not have access to. Those contacts are
valuable. Compensate yourself accordingly. 

 

Dean

 

  _____  

From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Farrell
Sent: Monday, July 10, 2006 3:41 PM
To: pianotech at ptg.org
Subject: Selling Client Piano

 

I have a church that is selling its grand piano. They have asked me to find
a buyer for them. They don't want to be bothered with any aspect of selling
the piano other than to open the door for the mover and deposit a check for
the selling price.

 

I believe dealers often charge in the 25% range for a consignment
arrangement - but of course I do not have a sales floor to display their
piano. However, I can call around, place a few ads, etc. and certainly find
a buyer for them willing to pay a fair price.

 

Does anyone have any experience with this type of arrangement? My question
is, what should my finders fee be - what percent of the sale? I'm thinking
maybe 10%. Any opinions? I expect the selling price to be about $8K.

 

Thanks.

 

Terry Farrell

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