Join Date: May 2012
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Re: Should I have a Buyers Broker?
I have a similar question for all...
I have a broker I have been talking to while shopping for an upgrade. I have settled on a Catalina 320. I saw one on Yachtworld for a good price, so I emailed the broker, found out where the boat was, and a Sailnet member very kindly looked her over for me yesterday. He gave me a very positive report on her (thanks go out to Johnnyquest37).
Here's the problem-I have been dealing with a local broker here in Massachusetts. Since I contacted the Maryland broker on my own, my broker can no longer be involved. I'm worried about spending $60-$70k cash and do something wrong....do I need to worry? I know that I'll need agree on a price-contingent on survey and sea trial. I know I need to place a 10% deposit when I make an offer. What could possibly go wrong??????? (Gulp-the Admiral will keelhaul me if I blow the boat budget). Is it ok to do the transaction without a broker? Obviously, its been done many times before...just not by me-my Catalina 22 was an easy buy.....