Finder fee
Race Director
Joined: Apr 2006
Posts: 13,156
Likes: 109
From: I'm not doing as well as I expected, but I never expected I would
WOW. 15%
I've been undercharging all these years. I've facilitated dozens of sales, inspected even more and never charged anything more than gas and only if the car was more than 100 miles away. I had one buyer insist on giving me several "C" notes but I refused. To me, it's just part of the hobby.
I've been undercharging all these years. I've facilitated dozens of sales, inspected even more and never charged anything more than gas and only if the car was more than 100 miles away. I had one buyer insist on giving me several "C" notes but I refused. To me, it's just part of the hobby.
Le Mans Master
Joined: Jan 2006
Posts: 8,246
Likes: 114
From: Watkins Glen NY
WOW. 15% I've been undercharging all these years. I've facilitated dozens of sales, inspected even more and never charged anything more than gas and only if the car was more than 100 miles away. I had one buyer insist on giving me several "C" notes but I refused. To me, it's just part of the hobby.
I've been undercharging all these years. I've facilitated dozens of sales, inspected even more and never charged anything more than gas and only if the car was more than 100 miles away. I had one buyer insist on giving me several "C" notes but I refused. To me, it's just part of the hobby.
Instructor
Joined: Jul 2004
Posts: 134
Likes: 14
From: Littleton Co
In answer to the original question I think there are many variables that we don't know. I'd ask what was it worth to you with consideration to the following:
1) how much time did they spend on finding the part? Less time = less compensation.
2) do they do this for a living or a hobby? If they feed their family with services like this, take care of them better. Some may disagree with this, but thats my thoughts.
3) did they find you a rare expensive part for next to nothing, or did you pay market? Hey, if they got ya a deal, pay accordingly.
4) Have you set any expectations up? "Hey, I'll pay you $500 if you can find me a...."
5) Fairness- honesty- integrity. If you can walk away feeling good about all these you are likely good to go.
6) not sure? ask them!
And last, some people will expect nothing (me) and some might expect considerably more than you are will or can pay. Regardless of what you do keep in mind you cant keep everyone happy all the time.
Good luck and I am glad you got what you needed!
1) how much time did they spend on finding the part? Less time = less compensation.
2) do they do this for a living or a hobby? If they feed their family with services like this, take care of them better. Some may disagree with this, but thats my thoughts.
3) did they find you a rare expensive part for next to nothing, or did you pay market? Hey, if they got ya a deal, pay accordingly.
4) Have you set any expectations up? "Hey, I'll pay you $500 if you can find me a...."
5) Fairness- honesty- integrity. If you can walk away feeling good about all these you are likely good to go.
6) not sure? ask them!
And last, some people will expect nothing (me) and some might expect considerably more than you are will or can pay. Regardless of what you do keep in mind you cant keep everyone happy all the time.
Good luck and I am glad you got what you needed!
Race Director
Joined: Aug 2004
Posts: 15,323
Likes: 2,271
From: NorCal
15%? 8%?
Wow, even realtors only get 6%, and that is a rip off what with the high price of real estate around here these days!
Wow, even realtors only get 6%, and that is a rip off what with the high price of real estate around here these days!
Last edited by tuxnharley; Oct 1, 2017 at 11:35 AM. Reason: Typo
Thread Starter
Safety Car
Joined: Jul 2006
Posts: 4,606
Likes: 210
From: Nevada City Ca.
2015 C1 of Year
We had a local car show and I had a person I fairly know tell me they know of someone that has many early parts in our same town. But they would like a finder fee of its fair value . I think that was a fair question and OK I was just asking what % would be fair with out not being cheap . That"s all! And I was not asking about the two Corvettes (mentioned) that I knew about and gave the location and numbers out to members here and never asked anyone for a finders fee
And I was not asking about the two Corvettes (mentioned) that I knew about and gave the location and numbers out to members here and never asked anyone for a finders fee
Le Mans Master
Joined: Mar 2005
Posts: 6,987
Likes: 269
From: Greenwood In.
We had a local car show and I had a person I fairly know tell me they know of someone that has many early parts in our same town. But they would like a finder fee of its fair value . I think that was a fair question and OK I was just asking what % would be fair with out not being cheap . That"s all! And I was not asking about the two Corvettes (mentioned) that I knew about and gave the location and numbers out to members here and never asked anyone for a finders fee
And I was not asking about the two Corvettes (mentioned) that I knew about and gave the location and numbers out to members here and never asked anyone for a finders fee 
