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#11
posted to rec.boats.cruising
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Boat buying sites
On Sun, 11 Apr 2010 02:19:36 GMT, "Hoges in WA"
wrote: I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA Expecting a broker to act in your best interests is mostly wishful thinking. Just like a real estate broker, they are paid to represent the seller and maximize the sale price. The other thing to remember is that they don't get paid unless the deal closes. Having one broker in on the deal does help to facilitate the negotiation process however. I once did a deal with two brokers involved and will try to never do it again. |
#12
posted to rec.boats.cruising
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Boat buying sites
"Wayne.B" wrote in message ... On Sun, 11 Apr 2010 02:19:36 GMT, "Hoges in WA" wrote: I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA Expecting a broker to act in your best interests is mostly wishful thinking. Just like a real estate broker, they are paid to represent the seller and maximize the sale price. The other thing to remember is that they don't get paid unless the deal closes. Having one broker in on the deal does help to facilitate the negotiation process however. I once did a deal with two brokers involved and will try to never do it again. === Yes, I didn't expect them to be on my side (same in Oz, with all sorts of agents including real estate agents). However, they do not get a quid if I don't buy as you note. I would just expect that the legals would all be above board etc so that there was no comeback on them if it was a fiddle. I will certainly be using a surveyor to examine on my behalf. Should I get a lawyer as well to handle the conveyancing or is this complicating things? Hoges in WA |
#13
posted to rec.boats.cruising
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Boat buying sites
On Sun, 11 Apr 2010 04:40:33 GMT, "Hoges in WA"
wrote: I will certainly be using a surveyor to examine on my behalf. Should I get a lawyer as well to handle the conveyancing or is this complicating things? The vast majority of boat deals close without a lawyer but it never hurts to review the purchase contract with an attorney and get it rewritten to your satisfaction. The key to any good purchase contract is to have an acceptance period after the survey, usually 1 week, where you can accept, reject, or renegotiate the price with no obligation other than survey expenses. It is sometimes necessary to reject the boat (in writing) before the seller will renegotiate price. |
#14
posted to rec.boats.cruising
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Boat buying sites
On Sun, 11 Apr 2010 04:40:33 GMT, "Hoges in WA" wrote:
Should I get a lawyer as well to handle the conveyancing or is this complicating things? I've never used a lawyer to buy or sell a boat. However, I used a "Specialist" (non-lawyer) once, to deal with the paperwork, when I was selling a "Documented Vessel". He was worth every penny I paid him. Rick |
#15
posted to rec.boats.cruising
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Boat buying sites
"Hoges in WA" wrote in message
... "mmc" wrote in message g.com... "cavelamb" ""cavelamb\"@ X earthlink.net" wrote in message m... On 4/9/2010 2:56 AM, Hoges in WA wrote: Hi Anyone care to recommend a website listing most boats for sale. I've got Yachtworld and YBW (same thing??) going but are there any others? I look at some individual brokers' sites occasionally but it seems that whatever they have rolls up into Yachtworld anyway. Are there any that allow you to key in -bavaria -beneteau -hunter etc so you can eliminate a lot of what you don't want to see? Not critical, just curious thanks Hoges in WA www.sailingtexas.com Covers most of the US, and the near islands. -- Richard Lamb http://www.home.earthlink.net/~cavelamb/ Sailingtexas is about the most popular I've seen. The free sites like this have driven boattrader almost out of business here in FL. There used to be 4-5 seperate books for the state but now we're down to 1 and it's pretty thin. I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA I've found them to be more interested in getting the sale (from my buying perspective) rather than actually listening to the requirements of what I wanted. I tried several in the area, and they were all pretty much the same. For example, I told one I wanted wheel steering and diesel. He showed me a tiller/diesel and a wheel/A4. In both cases, his comment was, "well, you can retrofit." Another example, I told a broker I didn't want to spend more than $30-$40K, and he immediately wanted to show me boats in the $60K range... oh, but I could make a lower offer. Uh huh. -- "j" ganz @@ www.sailnow.com |
#16
posted to rec.boats.cruising
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Boat buying sites
"Hoges in WA" wrote in message ... "mmc" wrote in message g.com... "cavelamb" ""cavelamb\"@ X earthlink.net" wrote in message m... On 4/9/2010 2:56 AM, Hoges in WA wrote: Hi Anyone care to recommend a website listing most boats for sale. I've got Yachtworld and YBW (same thing??) going but are there any others? I look at some individual brokers' sites occasionally but it seems that whatever they have rolls up into Yachtworld anyway. Are there any that allow you to key in -bavaria -beneteau -hunter etc so you can eliminate a lot of what you don't want to see? Not critical, just curious thanks Hoges in WA www.sailingtexas.com Covers most of the US, and the near islands. -- Richard Lamb http://www.home.earthlink.net/~cavelamb/ Sailingtexas is about the most popular I've seen. The free sites like this have driven boattrader almost out of business here in FL. There used to be 4-5 seperate books for the state but now we're down to 1 and it's pretty thin. I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA I won't cast aspersions on their characters but I will say that I'd rather skip paying a brokers commision and I can find a surveyor wherever the boat happens to be. I'd rather tour a boat with the owner than someone else (like me) that knows nothing about it. With the cheapy TomTom in my truck, finding a boat in an unfamiliar town isn't much of a challenge anymore either. As for the documentation, it was recommended to me by a friend to hire a specialist" (whatever these people are called) to do mine for a mere $400. I downloaded and printed the form and did it myself. Saved my $400 and IIRC it took all of about 15 minutes to prepare. I sent the forms and check to the CG and they sent back the documentation so I must not have made too many mistakes! |
#17
posted to rec.boats.cruising
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Boat buying sites
"mmc" wrote in message
g.com... "Hoges in WA" wrote in message ... "mmc" wrote in message g.com... "cavelamb" ""cavelamb\"@ X earthlink.net" wrote in message m... On 4/9/2010 2:56 AM, Hoges in WA wrote: Hi Anyone care to recommend a website listing most boats for sale. I've got Yachtworld and YBW (same thing??) going but are there any others? I look at some individual brokers' sites occasionally but it seems that whatever they have rolls up into Yachtworld anyway. Are there any that allow you to key in -bavaria -beneteau -hunter etc so you can eliminate a lot of what you don't want to see? Not critical, just curious thanks Hoges in WA www.sailingtexas.com Covers most of the US, and the near islands. -- Richard Lamb http://www.home.earthlink.net/~cavelamb/ Sailingtexas is about the most popular I've seen. The free sites like this have driven boattrader almost out of business here in FL. There used to be 4-5 seperate books for the state but now we're down to 1 and it's pretty thin. I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA I won't cast aspersions on their characters but I will say that I'd rather skip paying a brokers commision and I can find a surveyor wherever the boat happens to be. I'd rather tour a boat with the owner than someone else (like me) that knows nothing about it. With the cheapy TomTom in my truck, finding a boat in an unfamiliar town isn't much of a challenge anymore either. As for the documentation, it was recommended to me by a friend to hire a specialist" (whatever these people are called) to do mine for a mere $400. I downloaded and printed the form and did it myself. Saved my $400 and IIRC it took all of about 15 minutes to prepare. I sent the forms and check to the CG and they sent back the documentation so I must not have made too many mistakes! Mine was previously documented when I bought it. The previous owner's wife had died, but the only additional complication was getting a copy of the death certificate, since she was on the title. -- "j" ganz @@ www.sailnow.com |
#18
posted to rec.boats.cruising
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Boat buying sites
On Sun, 11 Apr 2010 17:50:41 -0400, "mmc" wrote:
I won't cast aspersions on their characters but I will say that I'd rather skip paying a brokers commision and I can find a surveyor wherever the boat happens to be. I'd rather tour a boat with the owner than someone else (like me) that knows nothing about it. With the cheapy TomTom in my truck, finding a boat in an unfamiliar town isn't much of a challenge anymore either. As for the documentation, it was recommended to me by a friend to hire a specialist" (whatever these people are called) to do mine for a mere $400. I downloaded and printed the form and did it myself. Saved my $400 and IIRC it took all of about 15 minutes to prepare. I sent the forms and check to the CG and they sent back the documentation so I must not have made too many mistakes! I don't remember what you call them either. My guy was a retired Coast Guard fellow that handled the CG end of the paper work for 30 years or so. He used to make a pretty good retirement income here doing nothing but Documented Vessel transfers. But it wasn't very expensive. I'm thinkin' $50 or maybe $75. Maybe they've streamlined the process since then (25-30 years ago). But it was a pile of paper to get through, make 2 copies of this, three copies of that, get it notarized, mail it off, wait a week, get more paperwork back, mail it off, etc like that. I just didn't have time for it. Rick |
#19
posted to rec.boats.cruising
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Boat buying sites
"mmc" wrote in message g.com... "Hoges in WA" wrote in message ... "mmc" wrote in message g.com... "cavelamb" ""cavelamb\"@ X earthlink.net" wrote in message m... On 4/9/2010 2:56 AM, Hoges in WA wrote: Hi Anyone care to recommend a website listing most boats for sale. I've got Yachtworld and YBW (same thing??) going but are there any others? I look at some individual brokers' sites occasionally but it seems that whatever they have rolls up into Yachtworld anyway. Are there any that allow you to key in -bavaria -beneteau -hunter etc so you can eliminate a lot of what you don't want to see? Not critical, just curious thanks Hoges in WA www.sailingtexas.com Covers most of the US, and the near islands. -- Richard Lamb http://www.home.earthlink.net/~cavelamb/ Sailingtexas is about the most popular I've seen. The free sites like this have driven boattrader almost out of business here in FL. There used to be 4-5 seperate books for the state but now we're down to 1 and it's pretty thin. I avoid brokers like the plague so I just use Yachtworld for the pretty pictures. Why so anti-broker? I thought they were supposed to act ethically etc etc. hoges in WA I won't cast aspersions on their characters but I will say that I'd rather skip paying a brokers commision and I can find a surveyor wherever the boat happens to be. I'd rather tour a boat with the owner than someone else (like me) that knows nothing about it. With the cheapy TomTom in my truck, finding a boat in an unfamiliar town isn't much of a challenge anymore either. As for the documentation, it was recommended to me by a friend to hire a specialist" (whatever these people are called) to do mine for a mere $400. I downloaded and printed the form and did it myself. Saved my $400 and IIRC it took all of about 15 minutes to prepare. I sent the forms and check to the CG and they sent back the documentation so I must not have made too many mistakes! I will be a non-US resident buying to stay in US waters for about a year then exiting US waters. I don't want to fall foul of any obscure tax traps, or inadvertently fail to register some bit of what I want to achieve. I know that thousands of people do/have done this so really it's not like dealing in a former Soviet but I'd like to be compliant with local laws. I'm sure going to need someone on the payroll! Hoges in WA |
#20
posted to rec.boats.cruising
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Boat buying sites
wrote in message ... On Sun, 11 Apr 2010 17:50:41 -0400, "mmc" wrote: I won't cast aspersions on their characters but I will say that I'd rather skip paying a brokers commision and I can find a surveyor wherever the boat happens to be. I'd rather tour a boat with the owner than someone else (like me) that knows nothing about it. With the cheapy TomTom in my truck, finding a boat in an unfamiliar town isn't much of a challenge anymore either. As for the documentation, it was recommended to me by a friend to hire a specialist" (whatever these people are called) to do mine for a mere $400. I downloaded and printed the form and did it myself. Saved my $400 and IIRC it took all of about 15 minutes to prepare. I sent the forms and check to the CG and they sent back the documentation so I must not have made too many mistakes! I don't remember what you call them either. My guy was a retired Coast Guard fellow that handled the CG end of the paper work for 30 years or so. He used to make a pretty good retirement income here doing nothing but Documented Vessel transfers. But it wasn't very expensive. I'm thinkin' $50 or maybe $75. Maybe they've streamlined the process since then (25-30 years ago). But it was a pile of paper to get through, make 2 copies of this, three copies of that, get it notarized, mail it off, wait a week, get more paperwork back, mail it off, etc like that. I just didn't have time for it. Rick Sounds like it's been made simpler Rick. Not that much of a hassle these days. $50- $75 wouldn't be bad but after paying for the boat a $400 (+ CG fees) tab for something of questionable value is a hard pill to swallow. The real value to me of documentation or rather re-documentation is in ensuring there were no liens against the boat. |
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