Bringing a plane to market and the different types of buyers and sellers:
Hello, Jake Huling here with Aircraft Sales Advisor. I’d like to welcome you to the third report in a new series called, 9 Steps to a Successful Sale or Purchase of Your Plane.
In the last report we discussed the Aircraft Blue Book Appraisal and how it’s only one piece of the information needed to get an accurate appraisal on a plane. We went on to talk about the four different sources of information you’ll need for an accurate appraisal.
We also covered the importance of not only looking at planes currently on the market, but also in finding at least three recently sold planes that are similar to your plane or the one you are looking to buy. If you haven’t watched the first and second video reports in this series, I recommend you check them out first.
Video #2 covers how Aircraft Brokers determine the value of a plane, the good, the bad, and how to use that to your advantage.
In this third video report, I promised you we would go over the different ways to bring a plane to market, the margin differences between wholesale and retail, and what that means to you when buying and selling. We’re also going to cover how to go about the search for a plane, and the different types of buyers and sellers.
And lastly we’ll cover commission rates, what they should and should not be, and the different types of percentage based commissions. As I've said before, I like to keep my reports as short as possible, so hang on to your seats were going to get right down to business.
To begin with, let’s talk about bringing your plane to market and the different types of buyers and sellers: