Home |
Search |
Today's Posts |
#41
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
I appreciate your explaining these things Dave, but it seems
to me that you're not really 100% on the good guys side here Dave wrote: Muddled thinking, Doug. The broker isn't selling the boat. The owner of the boat is. The contract is with the boat owner, not the broker. But if the broker signs the contract, accepts an escrow payment under terms of that contract, and expects to perform his professional obligation in execution of that contract and accept payment for same, then he *is* a party to that contract. ... If the seller doesn't deliver it isn't the broker who has broken the contract. It's the owner of the boat. Agreed, sort of... and that's why the disclaimer. The broker could unknowingly fail to deliver all goods (and or services) and still be acting in good faith. OTOH he should expect to catch some flack. DSK |
#42
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
Fraud is illegal in all 50 states. So is breaking a contract.
Dave wrote: When most people say "illegal" they mean criminal. Although fraud can be criminal in some circumstances, the kind you're talking about here is a tort, not a crime. Doesn't it depend on the amount of money involved? ... The victim of a tort is entitled to damages--money. If the tort is intentional (as fraud is) he may be entitled to punitive damages--i.e. more than his actual loss. That's what makes glad the hearts of trial lawyer. Similarly, breach of contract is not a crime. The party not guilty of the breach is entitled to money. Generally, though, he's entitled to money from the other party to the contract--generally not the broker. If the broker is acting in fiduciary interest of the seller, then he has definitely broken a contract IMHO... but then I'm not a lawyer. As I understand it, another remedy that doesn't necessarily involve the courts is for the seller to take the boat back and the buyer to get all his money back. I have seen this happen, sometimes the brokers try to keep the deposit and sometimes they hand it all back. DSK |
#43
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
I do not have an axe to grind with Brokers. It is just that for a 10%
commission I tough I was going to get some legal protection and assurance that a sailboat is in good sailing condition and fit to be purchased at the asking/neg. price. I was told point blank by a broker that it was not worth it to list a $20.000. sailboat because his commission would only be $2.000. The supervision a broker provides is not legally binding. This means that if something turns sours the broker is not legally accountable. Then what legal value has the broker's certification? If a surgeon or family physician make a mistake he/she can be sued for malpractice. An architect or engineer and other professions are hold responsible for their actions and recommended calculations and designs. "Scotty" wrote in message . .. "DSK" wrote in message . .. "Capt" Rob wrote: 7) Better pricing in some situations So, worse pricing in other situations? SBV |
#44
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
I am seriously in the market for a replacement sailboat.
I was offer a sea trial several time. Each time, before the trial the broker insisted on having a deposit to show my good intend. I soon learned that the Sea Trial approach was a broker's tactic to secure a deposit. Once the deposit is secured by the broker the negotiation wheel starts. You then get involved in surveying cost for the hull and the engine. Then if you are not happy about the boat you may ask for you deposit and you write off the surveying cost. In some places the broker may retain administration cost out of your deposit? I do not have any statistic on how fast you can get your deposit back? "Capt. Rob" wrote in message ups.com... other brokers charge for this? Have you ever shopped for a boat. There are many small brokers that don't offer a sea trial at all. Robert 35s5 NY |
#45
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
|
#46
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
Agreed, sort of... and that's why the disclaimer. The broker
could unknowingly fail to deliver all goods (and or services) and still be acting in good faith. Charlie Morgan wrote: Brokers frequently market boats of which they have ZERO first hand knowlege. What part of "unknowingly" did you not understand? DSK |
#47
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
Charlie Morgan wrote:
What part of "broker" is difficult for you? The part where a person with no license, no credentials, and no knowledge claims to be a broker, a surveyor, and a "Captain." DSK |
#49
posted to rec.boats.cruising
|
|||
|
|||
hunter 34
In article
, shaun wrote: hi ya Jere have read about your freighter :-) glad to see that you have found your boat and hope you enjoy her for many more miles. Any new updates since about 2 years ago...that was about the first time i read about your XAN You may be confusing me with Paul V, the author of cruisenews.net. We've had Xan for 12-13 seasons now. It's gotten almost boring: head down Friday afternoon, head out some place, have a great time, reluctantly head home sometime Sunday. Did 3 week-long trips and the pattern was essentially: wake up, decide whether to move, move or not, enjoy the scenery, eat, sleep. -- Jere Lull Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD) Xan's Pages: http://members.dca.net/jerelull/X-Main.html Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/ |
#50
posted to rec.boats.cruising
|
|||
|
|||
hunter 34... broker
How long is this silly stupid bickering gonna go on?
"DSK" wrote in message . .. Charlie Morgan wrote: What part of "broker" is difficult for you? The part where a person with no license, no credentials, and no knowledge claims to be a broker, a surveyor, and a "Captain." DSK |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Announcement of Hunter Open House | General | |||
HMS General Hunter May Have Been Found -Abandoned in storm in 1816 | General | |||
Hunter builds a good one! | ASA | |||
Last chance to save me! ;-) Hunter 33' Yanmar 20hp I think | Cruising | |||
Hunter 28 | General |