The short answer is No. TPJC is only getting paid upon successful closing and in most cases directly from escrow, therefore none of its clients have to prepay for our services and TPJC is assuming the risks associated with investing time and resources without certitude of a closing. Our clients can also terminate our engagement at any point if they are not satisfied.
Purchasing an aircraft is a very complex process with very expensive risks on the short, medium, and long term. The seller’s broker’s role is to defend his client’s interests by reducing his risk exposure and expenses during the sale, and by closing as fast as possible. This places TPJC on the other side of the net as our role is to defend our purchaser’s interests and help him take the right decisions, and save money and time. The Private Jet Company is paid by the party whom we represent, therefore it would be the purchaser in this case.
Buying an aircraft on your own is like building a new house without a general contractor and assistance. The Private Jet Company’s role is to defend its clients’ interests and assist them during all the steps of the acquisition process by bringing our internal resources, knowledge, and experience. Among the 40 aircraft transactions the Company’s team of experts complete every year on average, 80% are acquisitions, and our clients realized the savings (time and money) they have achieved by hiring us