What Is A Broker?

AlexReid · **on:** March 08, 2008, 11:05:29 pm

Hello,

I have just spent £60.000.000 brokering a 737. However I dont have a clue what all this Broker stuff is. Can someone explain it to me?

I clicked on Broker Requests and then Clicked View on a 737-200, then clicked Broker Aircraft.

My money was deducted 60.000.000, but what happens now?

Regards,
Alex

MusicAIR · **Reply #1 on:** March 08, 2008, 11:08:26 pm

You're buying the plane for someone else. You are fronting the money and if there is a markup, then that's the profit you make when the other person pays you for the plane once it is built.

AlexReid · **Reply #2 on:** March 08, 2008, 11:12:05 pm

Thanks for the quick reply. So must I order the plane sepereately or do I just do nothing now?

Also how does this increase my profit as I've had to pay £60.000.000?

MusicAIR · **Reply #3 on:** March 08, 2008, 11:17:43 pm

Quote from: "AlexReid"

Thanks for the quick reply. So must I order the plane sepereately or do I just do nothing now?

Also how does this increase my profit as I've had to pay £60.000.000?

You do nothing. When the plane is done being built, then the person you brokered for will have 3 months in game to pay you for it (3 days in real life).

The profit increase is only if there was a markup percentage. I've brokered some planes at 2% & 3%, so that means the profit I make is 2% or 3% of the cost of the plane.

AlexReid · **Reply #4 on:** March 08, 2008, 11:18:31 pm

OK, so what was the point of me doing this if there was no Markup Value?

Thnks for the reply!

EXTspotter · **Reply #5 on:** March 08, 2008, 11:47:13 pm

That if they dont take delivery after 3 days, it becomes yours. Anyway official brokers have a -5% on any aircraft they purchase, which makes the 0% markup ones appealing to them.

SATA · **Reply #6 on:** March 08, 2008, 11:50:19 pm

it also puts your airline value up by how much the aircraft costs

Hampo · **Reply #7 on:** March 08, 2008, 11:59:11 pm

Quote from: "EXTspotter"

That if they dont take delivery after 3 days, it becomes yours. Anyway official brokers have a -5% on any aircraft they purchase, which makes the 0% markup ones appealing to them.

-15% :twisted:

MusicAIR · **Reply #8 on:** March 09, 2008, 01:22:58 am

Quote from: "AlexReid"

OK, so what was the point of me doing this if there was no Markup Value?

Thnks for the reply!

Nothing. A beginner's mistake, but that's OK.

The only time I would broker for 0% (or lower) is for a fellow alliance member. I'm not an official broker (there are only 4) so I don't get a discount on any aircraft.

nwadeltaboy · **Reply #9 on:** March 09, 2008, 02:24:11 am

Just for the record, those four are D Express, OrangeAir, Skylite, and Hampo.

Jps · **Reply #10 on:** March 09, 2008, 03:25:22 am

Quote from: "nwaboy"

Just for the record, those four are D Express, OrangeAir, Skylite, and Hampo.

He means official brokers..Alex meant generally when accepting requests

nwadeltaboy · **Reply #11 on:** March 09, 2008, 03:27:59 am

Quote from: "MusicAIR"

I'm not an official broker (there are only 4) so I don't get a discount on any aircraft.

Quote from: "I"

Just for the record, those four are D Express, OrangeAir, Skylite, and Hampo.