Opinions please...whats a reasonable finders fee? Thx

Steelernation

Hey guys,

In a completely different hobby/collectors universe that were getting involved in, we were looking for a particular item. It's value is about $1500. Not all that rare. Probably could have found one on my own within a month but wanted it soon. So I offered a finders fee on their message board. Super nice guy gave me a referral that ended up with a completed deal with a very well known dealer in that hobby. In fact, 2-3 days after the referral, others contacted me with a direct sale/offer. I mention that because of the rarity.

Anyways...what's a reasonable finders fee to paypal him? Hes a great guy so want to give him something. Any similar experiences?

Thx

gameusedhoop

I'm sure he probably isn't expecting anything, but something in the $50 range might be nice for something that is $1500. I've received a couple things like that, one was a gift certificate to a local restaurant (ordered online), for some uniform research I did, the other was an offer here for $20 to find one card a guy needed for a set. It was an easy find, but worth it to the buyer.

I would go with $$ though as opposed to a gift certificate as cash can always be used.

bishop

Google "standard finder's fee"

MULLINS5

3-5%

Baez578

$50 seems more than fair.

Since you say he's a nice guy, another idea is to purchase an item that you know he will like to add to his collection (if it falls in the same price range).

Steelernation

That's a great idea. A little more personal than just cash.

A guy at work says the fee should be based more on difficulty of obtaining the item vs the value. I guess he's equating it to say....I'm looking for a 1972 unopened box....which has been on eBay for $15000 forever. And easily found/located. So wouldn't 5% ($750) would seem high?

I'm leaning towards the higher amount just because he seems like a really nice guy. Tho I like the personal gift tho I don't want to come across as a stalker.

Good ol google...thx...FYI. Says about 2.5 - 5%. I think between $50-$75 is pretty fair. Should make him happy. Or $75 worth of what he likes would be cool. I wonder what he's thinking. Of course he said it wasn't necessary when I asked for his paypal info.

WhiteTornado

I'd do $50 if cash or a $75 item that he might like. The item would be cool because as you say, it's more personalized than cash and it takes more effort and thought.

ThoseBackPages

Great advice here.

What hobby is it from?

lawnmowerman

If he's a great guy, he's probably not expecting much of anything. I'd find out what he likes to drink and send him a bottle of it.

VictorLaszlo

On a $1500 item i'd probably give $100 but that's likely high. But I tip the pizza delivery guy and waiters well also

Raulsmaster

$75 ebay gift card. Who wouldn't love getting one of those

dennis07

"On a $1500 item i'd probably give $100 but that's likely high. But I tip the pizza delivery guy and waiters well also"

+1
It sounds as if you want to be generous so why not round it off to 1 bill. If there is a next time he'll go to great lengths
to find what you need.

Mickey71

$25-$50.

cpamike

<< <i>If he's a great guy, he's probably not expecting much of anything. I'd find out what he likes to drink and send him a bottle of it. >>



How about a six pack?

lawnmowerman

<< <i>

<< <i>If he's a great guy, he's probably not expecting much of anything. I'd find out what he likes to drink and send him a bottle of it. >>



How about a six pack? >>



That depends upon where he lives. If he's from West Virginia, that would be totally acceptable

Dboneesq

<< <i>

<< <i>

<< <i>If he's a great guy, he's probably not expecting much of anything. I'd find out what he likes to drink and send him a bottle of it. >>


How about a six pack? >>


That depends upon where he lives. If he's from West Virginia, that would be totally acceptable >>


I thought Randy liked hard liquor! LOL

Edited to add: I would go along with ~$75.00

lawnmowerman

<< <i>

<< <i>

<< <i>

<< <i>If he's a great guy, he's probably not expecting much of anything. I'd find out what he likes to drink and send him a bottle of it. >>


How about a six pack? >>


That depends upon where he lives. If he's from West Virginia, that would be totally acceptable >>


I thought Randy liked hard liquor! LOL

Edited to add: I would go along with ~$75.00 >>



Lol! He likes anything with alcohol in it haha