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I've bought a few boats, 2 airplanes, a bunch of cars, and a dozen houses
and rentals. I've never had anyone bellyache about picking up the cost of the inspect IF I bought. Let's all assume a reasonable man standard here. A home inspect is around 25 cents/foot, a car inspect at autoclub is under $100. My last boat checkout on a 25 Searay was $250. Big deal in the scheme of $20K for the seller. There is no broker in the world who will accept this, nor any larger boat seller, and no sane small one either. You'll always pay, whether he simply adds the $250 to the asking price (and won't negotiate lower) or otherwise. You will ALWAYS keep your deals cleaner if you simply pay for those expenses out of pocket. You're going to pay anyway, and you can expect that anyone who agrees to such a thing will mark up the actual cost in their "best and final" offer price. Thus, it always costs you more to have the seller pick it up. You want me to pick it up if you buy it? Cool; I'll do that. My "lowest acceptable price" on the boat just went up $500 (unknown to you), which means I made 100% profit on your demand, and you have no way to even know that this happened to you. You think you're getting the seller to "eat" the cost, when in fact not only is he not eating the cost, he's making a tidy profit on your demand besides. First rule of negotiating purchases is not to muddy the water by building in fees and costs that can affect the seller's price. If you spring this "you pick it up if I buy it" thing AFTER we negotiate a price, your deal will immediately collapse with any honest and reputable seller, because he will (correctly) perceive this as your attempt to renegotiate the price after you've come to an agreement. You're free to negotiate anyway your want. Whether you're a procurement negotiator or a labor negotiator, the BUYER always negotiates ISSUE by ISSUE and the SELLER always attempts to negotiate a package. As the BUYER, I'm going after one thing after another, the FIRST being that I want you to commit to a less than 1% expenditure on an inspection IF, AND ONLY IF, I buy the boat. If you won't you're unreasonable. If you do, then you have some OWNERSHIP in the outcome, especially if I let you have some voice in choosing a mutually agreed upon inspector. Either way, I win or I walk away because you're too difficult to work with, and I'd rather know that now than later. And by the way, I've been in Fortune 200s my entire life, managing spends from $250M to $4B annual. I've been around the block a few times in major negotiations as the BUYER. As I said, you can do what you want. That's fine, it's your style. But I would still counsel the folks in the original note to just walk away if they can't get some sort of recognition by the seller of the costs of the survey. I simply don't want to deal with unreasonable sellers...why should I? -- -- Karl Denninger ) Internet Consultant & Kids Rights Activist http://www.denninger.net My home on the net http://scubaforum.org Your UNCENSORED place to talk about DIVING! http://boaterforum.com Talk about Boating online - any topic, any time! http://www.spamcuda.net SPAM FREE mailboxes - FREE FOR A LIMITED TIME! |
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