SailNet Community - View Single Post - Buying from a private party, not a broker
View Single Post
  #6 (permalink)  
Old 03-13-2002
Jeff_H's Avatar
Jeff_H Jeff_H is online now
Super Moderator
 
Join Date: Feb 2000
Location: Annapolis, Md
Posts: 5,388
Rep Power: 13
Jeff_H has a spectacular aura about Jeff_H has a spectacular aura about
Buying from a private party, not a broker

Whether I am working with a broker or not, I generally set up the survey or the sea trial so the owner can be present for part of the time. In a survey you need to have permission to disassemble things and without the owner on board for a part of the time it is hard to get that permission to do the kinds of disassembly necessary to perform a proper survey. Of course I agree with you that meeting the owner at some point is very useful to sizing things up.

With regard to buying a boat through a broker, and with all due respect, I have not found it to be true that boats for sale by owner sell any cheaper than boats for sale with a broker.On the contrary, while you hear that mythology all the time, at least in my experience which includes negotiations on nearly identical boats one with a broker and one without, the broker involved deals have been equal or less than the For Sale By Owner (FSBO) boats. Often a FSBO owners are more parsimonious and are therefore less willing to negotiate.

Respectfully
Jeff



Reply With Quote Share with Facebook