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#1
posted to rec.boats
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Gene wrote: On Thu, 14 Sep 2006 10:43:20 -0400, Harry Krause wrote: Ahhh...brokers. Good point, but that begs the *real* point.... that one becomes a boat broker by simply declaring that they are ..... Thus, the truth of the matter is, that "poof" we have created a person masquerading as a company selling wares that he doesn't own nor, likely, even have in his possession.... he isn't licensed (except, perhaps, a business license).... he isn't regulated.... he must meet no standards of honesty, training, experience, knowledge...... Whoa. The difference between a yacht broker and an real estate salesperson is what? Neither own or possess the property. How about the difference between a yacht broker and an insurance broker or a stock broker? Yacht brokers don't sell a boat- the seller sells the boat. Yacht brokers simply provide the service of bringing buyer and seller together. I've done business with some scalliwags that have office walls covered with certificates, diplomas, citations, testimonials, etc. I've done business with some perfectly honest, low profile, simple and extremely capable people without a lot of credentials. However, if you would like some assurance that your yacht broker has met at least some kind of standards, look for a CPYB designation. More info: http://www.cpyb.net/ ..... I could go on, but I think even the casual reader gets the point. How do I know? Yeah.... I got tangled up once with a crooked broker who could play the legal system (or lack thereof) like a Stradivarius. I didn't have access to a Voodoo priestess, but if I could have, I sure as hell would have put one long lasting curse on that creep..... Oh, well.... brokers...... -- Grady-White Gulfstream, out of Southport, NC. http://myworkshop.idleplay.net/ ----------------- www.Newsgroup-Binaries.com - *Completion*Retention*Speed* Access your favorite newsgroups from home or on the road ----------------- |
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#2
posted to rec.boats
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"Chuck Gould" wrote in message ups.com... Yacht brokers don't sell a boat- the seller sells the boat. Yacht brokers simply provide the service of bringing buyer and seller together. You must have different rules for brokers out there in the Northwest. I just listed a boat with a broker ... to sell it. (Yes, in the pure definition, I am the "seller", but the broker is the salesman). Here, the broker advertises the boat, shows the boat to perspective buyers, and generally "sells" the boat (used a verb). In most cases the broker prefers the "seller" to be absent during the initial showing to a perspective buyer. (I also think this is a good idea until a buyer puts down a deposit and signs a purchase and sales agreement or returns for a 2nd or 3rd look with detailed questions). Eisboch |
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#3
posted to rec.boats
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Eisboch wrote: "Chuck Gould" wrote in message ups.com... Yacht brokers don't sell a boat- the seller sells the boat. Yacht brokers simply provide the service of bringing buyer and seller together. You must have different rules for brokers out there in the Northwest. I just listed a boat with a broker ... to sell it. (Yes, in the pure definition, I am the "seller", but the broker is the salesman). I was responding to a critcism that yacht brokers are "selling something they don't own or possess". As are most salespeople selling something they don't personally own. A yacht broker cannot sell your boat, but he or she can bring you a buyer. In fact, in the unlikely event that your broker brings you a full price cash offer with no contingencies and *you* change your mind and refuse to sell, you'll discover that if the contract is written correctly you owe the broker a full commission- he or she has done the job you hired them to do. As the owner, you have the final authority to sell or not sell your boat. Of course, once you accept the offer the buyer can sue for specific performance should you have a change of heart. (It's happened). Even the owner can't unwind a written commitment to sell the boat without risking some consequences. Here, the broker advertises the boat, shows the boat to perspective buyers, and generally "sells" the boat (used a verb). In most cases the broker prefers the "seller" to be absent during the initial showing to a perspective buyer. (I also think this is a good idea until a buyer puts down a deposit and signs a purchase and sales agreement or returns for a 2nd or 3rd look with detailed questions). It's very wise for the seller to remain out of the loop as much as possible, particularly in the early stages. The entire personal chemistry thing between broker and buyer is critically important, and the fewer "personalities" a skittish buyer has to deal with immediately after the first nibble on the hook the more likely things will come to fruition. The cleanest and easiest deals are those where the buyer and seller *never* meet. Sometimes the seller and the seller's broker will offer the exact same information in two different formats. For example, the seller's broker might properly disclose "The seller replaced the coring in the foredeck last year, and that work was done at ABC Boatyard." The seller might say, "You wouldn't believe how much it cost me to try to get all the rot out of this dad burned thing last year!".......both have conveyed the same information, the prospective buyer hasn't learned anything new or different, but one disclosure has been professional while the other might have instilled a sense of alarm in the buyer. Even if it isn't the case, if the buyer thinks he's getting "two different stories" he will almost certainly bolt, 90-some percent of the time. |
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#4
posted to rec.boats
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"Chuck Gould" wrote in message ups.com... It's very wise for the seller to remain out of the loop as much as possible, particularly in the early stages. The entire personal chemistry thing between broker and buyer is critically important, and the fewer "personalities" a skittish buyer has to deal with immediately after the first nibble on the hook the more likely things will come to fruition. The cleanest and easiest deals are those where the buyer and seller *never* meet. You'll get a kick out of this. When we decided to sell our Egg Harbor a couple of years ago an interested party contacted our broker and arranged to see the boat on a Monday morning. He was traveling from out of state for the meeting. Sunday afternoon ... the day before the showing ... the perspective buyer showed up with his wife at the dock. They had driven up early and were going to have lunch at the nearby restaurant before checking into a motel. I was on the boat and heard him calling out ... "Hello". We introduced ourselves and then had a somewhat awkward moment, both thinking the same thing. Finally, I broke the ice and invited them to come aboard and take a look. We ended up spending the entire afternoon going over the boat, stem to stern with me answering his questions. (fortunately the boat was only a year old, so there were no major modifications). He then asked if we could all go for a short ride. This request I politely turned down and suggested that we wait until the broker meets with him in the morning. He understood. Anyway ... he gave the broker a deposit first thing in the morning which made the broker's jaw drop until he heard the story. A survey was done a couple of days later with me in attendance in which the boat was hauled and then re-launched. (The buyer also stayed for it). We did a 1 hour sea trial the same day, and the deal was done. The broker who also sells used boats offered me a sales job. (kiddingly, of course) Eisboch |
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