"Reginald P. Smithers III" "Reggie is Here wrote in message
. ..
Eisboch wrote:
"Chuck Gould" wrote in message
...


On Tue, 12 Feb 2008 19:26:21 -0800 (PST), Chuck Gould


wrote:


Splitting the buyer's forfeited deposit (up to the amount of the
commission) offers some assurance that the seller won't talk the buyer
into forfeiting the deposit and then buying the boat at a cheaper
price
once the supposedly "angry" seller pulls the listing following a
failed sale.

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It's also expressly forbidden to do so in the standard yacht sale
contract used by most brokers. In fact, it prohibits the seller from
making a deal with a buyer introduced by the broker for a year following
the termination of the broker agreement.

Eisboch

And on Large and Expensive Boats, you know the brokers keep up with the
current status.



I should clarify my statement. The contract does not prohibit you from
making a deal with a previously introduced buyer. You just agree that the
broker is entitled to a commission if you do so, for up to a year following
termination of the contract.

Eisboch