What commission rate does the speaker say platform brokers charge?

Name: This One Thing Makes Deals More Expensive
Uploaded: 2025-09-16T17:01:27+00:00
Duration: 38 s
Channel: Peter Vander Wall
Description: A short segment from a YouTube video (by Peter Vander Wall) arguing that broker involvement—especially on platform marketplaces for accounting practice…

Peter Vander WallFounder driving creative community growth

This One Thing Makes Deals More Expensive

16 Sept 2025 · 1 min

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0:38

A short segment from a YouTube video (by Peter Vander Wall) arguing that broker involvement—especially on platform marketplaces for accounting practice sales—makes transactions slower and more expensive. The speaker says some platforms charge a 15% commission, claim to represent both buyer and seller (dual representation), and that dual representation/double-dipping leads to higher cost, longer timelines, and worse outcomes for buyers.

Questions this video answers

15% of the sale price.

Chapters

Most important things, that's going to dictate how fast the transaction goes. But then also, like as a buyer, how much you're going to pay is whether or not a broker is involved. See, that's the thing on these platform companies like accounting practice sales, they charge 15% of the sale price. They claim to represent both the buyer and the seller. You would never have a lawyer represent the buyer and the seller. They do that in real estate. They call it double dipping, but it's called something else, dual representation or something like that. But you, you would have your own lawyer, and then the seller would have their broker that they're working. But, yeah, if a broker is involved, you're going to pay more money for it. It's going to take more time, and you're less likely to get as good of a deal.