How much does it cost to belong to the Merchants Barter Exchange?
There is a one-time initiation fee, which covers set-up costs, broker commissions, newsletters, directories, transaction forms, and other materials. There is also a modest monthly maintenance fee, as well as a cash transaction fee of 10 percent charged to the buyer in each trade transaction. This transaction fee is equivalent to a broker’s commission for generating new business for a member company, and is quite reasonable compared to common “introduction” fees of 15-20 percent or more. We charge the buyer rather than the seller, because member companies receive full benefit from the exchange when they spend their Trade Dollars, not earn them.
Related Questions
- Form 1099-B, Proceeds from Broker and Barter Exchange Transactions will be mailed to shareholders who have sold any of their fund shares during the year. (See the answer to the question: Why did I receive Form 1099-B, and where do I report the information?
- What distinguishes Merchants Barter Exchange from other exchanges?
- What does it cost to join Alberta Barter Exchange Group?
