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Old 01-14-2013
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RobGallagher RobGallagher is offline
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Re: No Sea Trial

Bottom line will be that you do not get yourself involved in a transaction you do not feel comfortable with. And a false sense of security does not count.

Yacht brokers, like real estate agents, have no special powers. They are not lawyers. They will do nothing to protect you. They dish out legalese and pass out pre-printed forms as if... But alas no.

How many real estate agents and yacht brokers will advise you NOT to use a lawyer? I dare say the majority.

Now that I said my peace, there are a few good brokers out there. You will know when you come across one.

And when you hand over a deposit check for several thousand dollars don't expect it to be a magic boomerang check that will find it's way back to you the second you ask for it. Be prepared for a fight.

Caveat emptor
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