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<DIV><FONT face=Arial size=2>Hi Terry,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>My Wissner was located through a third =
party who
supposedly wanted a 10% finder's fee. It turns out that the =
"real"
fee he was trying to swing for himself (by lying to both buyer and
seller) was much, much higher -- something like 50% over the =
seller's
price. (In the end, the deal didn't happen the way he had =
hoped.)
Anyway, 10% was considered fair in NYC for a deal in which the finder =
didn't
really have to do any more than to put two parties in contact. If =
you are
doing other things for the buyer (e.g. evaluating the pianos), then I =
would
think you should ask more. Perhaps you could charge a fee per =
piano that
you evaluate, plus 10% of the sale?</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Peace,</FONT></DIV>
<DIV><FONT face=Arial size=2>Sarah</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>
<A title=terry@farrellpiano.com =
href="mailto:terry@farrellpiano.com">Terry</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A =
title=pianotech@ptg.org
href="mailto:pianotech@ptg.org">pianotech@ptg.org</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, December 24, 2004 =
8:15
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Piano Finder Fee</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>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".</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>We didn't talk about any =
specifics.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>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?</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Has anyone done this sort of thing =
for a third
party? How did it work. What were the financial =
arrangements?</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Thanks.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Terry
Farrell</FONT></DIV></BLOCKQUOTE></BODY></HTML>