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Old 08-21-2013
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Re: An Excellent Condition, Turnkey Boat

Quote:
Originally Posted by Captainmeme View Post
He may not realize he is under going a commission appendectomy. Also from

http://www.oceanmarinellc.com/broker...ralListing.pdf

section C Broker agrees, item 5
"To promptly transmit all offers to the OWNER"

He has no choice, he is bound by contract to show the offer to the seller.
Umm, and who polices that?

There can be a vast difference between a contract and the real world. It would be very easy for the broker to wait two days and tell you "the seller's not interested."

You'll never know what he did or didn't communicate to the seller.

I've been buying rental properties this year. Real estate is much more regulated than boat sales and I've been APPALLED at the conduct of some of the realtors I've dealt with.

You quickly learn the difference between legal and enforceable; and you learn to always check the paperwork to keep from getting burned.

All that said a good broker has earned his commission and deserves to be paid.
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