SailNet Community - View Single Post - Boat Too Cheap to get a Buyer's Broker?
View Single Post
post #14 of Old 07-11-2013
ASA and PSIA Instructor
Join Date: Apr 2000
Posts: 3,811
Thanks: 13
Thanked 37 Times in 37 Posts
Rep Power: 17
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...
sailingfool is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome