SailNet Community - View Single Post - Boat Too Cheap to get a Buyer's Broker?
View Single Post
Old 07-11-2013
sailingfool sailingfool is offline
ASA and PSIA Instructor
Join Date: Apr 2000
Posts: 3,527
Thanks: 7
Thanked 21 Times in 21 Posts
Rep Power: 15
sailingfool will become famous soon enough
Re: Boat Too Cheap to get a Buyer's Broker?

Originally Posted by tibido View Post
Hey everyone, first post.

I'm planning to buy my first boat this summer. I've read a handful of books with a lot of advice on what to do, including getting a buyer's broker.

The type of boat I want to buy will be a 25'-30' daysailer / weekender costing not more than $3k. For a purchase in this price range, is it still advisable to enlist the help of a buyer's broker? Do you expect any respectable buyer's broker would engage in a deal with such a low selling price?

Thanks for any input.
I have yet to see any evidence of a buyer's broker in the boat business. You as a buyer, can chose a friendly broker, and work with him/her regarding the purchase of any listed vessel ala Yachtworld (similar to a RE MLS), but that broker will be compensated by the seller from the sale proceeds.

Perhaps you can find someone willing to help you find a boat for a fee out of your pocket, but I doubt anyone who has yacht broker credentials would get so invovled.
__________________ several regards...
Reply With Quote Share with Facebook