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posted to rec.boats.cruising
Danny
 
Posts: n/a
Default Boat Broker Question ...

"Don't be afraid to insult the broker" ??? As if there isn't ENOUGH
incivility in our weary land.

I'm sorry but I couldn't disagree with your advice more. Decency and
courtesy is always in order. Even if you feel the other guy doesn't deserve
it.

"Tom R." wrote in message
. ..
Don't be afraid to insult the broker.

wrote in message
...
I do not feel differently.
Same thing happened to me.
Another classic is the offer scenario.
The following technique works wells.
A boat's real price is around $50,000. The broker is asking $85,000 and
is fishing for about $65,000. You know he is way out to lunch. You like
the boat but you hesitate to make an offer of $50,000. because you might
insult the seller/broker. You request to sea trial the boat. The
broker states that he need a firm offer before a sea trial can take
place. You then decide to make an offer of $60,000. The broker tells
you that your offer is too low and make you feel a little cheap. Later
the broker comes in with a counter offer of $75,000. You tell him that
it is too high, then he tells you to make another offer. Then you both
agree to go half way to $68,500.00. At that stage you feel happy because
you negotiated the price from $85,000. to $68,500. Conversely the
seller/broker is please to have sold a $50,000. for $68,500. and the
seller does not mind to paid the broker his commission.
The above scenario may vary but the game remains the same. I hope that
other people will validate or disagree with the above.

"Thomas Wentworth" wrote in message
news:110Lf.9260$lR2.8559@trndny01...
MMC,,, in my humble opinion, boat brokers are totally worthless. They
get in the way. For example. A broker will tell you that the owner is
anxious to sell, so off you go on a 400 miles trip to see a boat. When
you get to the boat, you realize the boat has problems. Either the
engine is bad, rigging needs replacing, sails are no good, whatever.
Your not upset because of the "anxious" in the broker's presentation.
The next thing you do, check on costs of engine repair, price out sails,
etc. Finally, you tell the broker all that you have figured out and tell
him/her what you will offer.

This is when the broker tells you "I spoke to the owner last week and he
won't budge on the asking price".

Then why the F,,, did you just drive 400 miles, what about the "anxious"
part of the presentation? All bull-****. Total bull-****.

This has happened to me. And it has happened on more than one occasion.
It has happened with multiple brokers.

After the third time, fireworks! I almost slugged the guy. I literally
had to be held back.

So, no more brokers. If a boat owner can't sell his/her own boat, I
don't want anything to do with the boat. Period.


This is my opinion. And my experience. Others may feel differently.

TW

"MMC" wrote in message
...
I'd like to add that you should get a survey before leaving a deposit,
even
though you may be pushed by a broker to "move fast". We found a boat we
really liked and fell for the "got 2 other people interested" bull****
from
the broker and left our 10%. Live and learn.
(A great thing about surveyors is that they give you the news, good or
bad,
whereas we might overlook too many "little things" because we are
already
(in our minds) sailing the deep blue on our beautiful boat!)
After many problems were identified by the surveyor, we pulled our
offer the
day before the deadline. The broker informed us he was holding our
deposit
as the seller was considering legal actions, even though our retraction
of
our offer had been in compliance with the contract.
I visited the broker in his office with his boss present and explained
that
my next stop was to my lawyer's office and the broker's boss would be
sitting in the defendants seat WHEN we went to court.
The boss stumbled all over hisself returning my deposit.
Not all brokers are honest, some just seem to be stupid.
MMC

"Jeff" wrote in message
...
Thomas Wentworth wrote:
Lately, I have been in contact with a number of boat brokers. Is it
just
me, but these people seem sleazy. They have a listing, they
represent
the
buyer [ and themselves ]. They stand to make money if a sale goes
through
yet they don't seem to know much, nor do they want to do much. If
you
ask
them something about a boat, they say "get a survey". In most
cases,
they
have never been on the boat, not have they ever seen the boat.


You should ask the folks on alt.sailing.asa what they think of their
resident "broker" capt rob.

Surveys are fine, but they can cost hundreds of dollars.

Surveys are required, period. You might even plan on rejecting a few
boats after survey, depending on what you're after.


I don't know,,, maybe is me but I really think boat brokers are a
dishonest
bunch.

real estate, cars, yachts ... they're all the same profession. Most
are honest, but their job is to figure out how much you have in your
pocket and make sure you leave 99% behind and walk out thinking you
got a bargain.

Its your job to know what you want.


What are your thoughts.

Jasper