SailNet Community - View Single Post - Should I have a Buyers Broker?
View Single Post
post #11 of Old 07-03-2012
Brian Duff
Yacht Broker
Join Date: Jul 2012
Location: Tortola, British Virgin Islands
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Re: Should I have a Buyers Broker?

Hi Volfan,

as mentioned above, a buyers broker can be an excellent aide to you in your search IF you know that person has experience and knowledge that will be helpful to you (such as having owned boats, currently owning boats, having been out sailing as you intend to (race or cruise, family or what) and of course no matter if you inquired with a listing agent already or not, your broker (dubbed the selling agent if he brings the buyer) can always represent you - this is the way of the industry, and a listing agent that tries to block you or force you to work only with him, should not get the sale - and should probably be reported to YBAA and to Yachtworld as well.

As also mentioned, review any agreements carefully, the YBAA agreement is a very safe one to enter in a purchase on, as it defaults to no purchase should you not sign an additional paper later - and allows you a clear exit if you find out things are different than presented to you by the listing agent.

I do hope you get this boat, or another good boat, soon.
Brian Duff is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome