RI Broker? - Page 2 - SailNet Community
 2Likes
Reply
 
LinkBack Thread Tools
post #11 of 20 Old 08-20-2014 Thread Starter
gdr
Junior Member
 
Join Date: Aug 2014
Location: Wakefield, RI
Posts: 23
Thanks: 12
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Re: RI Broker?

Thanks Everyone!

I'll keep you posted, and I'll probably have more questions as this process evolves.

Enjoy your day.
gdr is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #12 of 20 Old 11-04-2014 Thread Starter
gdr
Junior Member
 
Join Date: Aug 2014
Location: Wakefield, RI
Posts: 23
Thanks: 12
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Re: RI Broker?

After talking to a few people, I went with Dave McKenney of Brewer Yacht Sales in Wickford. Dave's been very helpful, and my wife and I are looking forward to enjoying the Sabre 30-3 that we just purchased.

The only comment I would offer the group is that Glenn Walters of Bluenose immediately lost interest in us when it became clear we were planning to keep the purchase under $40k. He seemed like a nice and knowledgeable fellow, but he's apparently not interested in our end of the boat market.

Now... I'm heading over to the "Gear and Maintenance" area to get a few pointers on some of the little problems that need to be addressed with our old boat.

Enjoy the day.
gdr is offline  
Quote Quick Reply Share with Facebook
post #13 of 20 Old 11-04-2014
Senior Member
 
Join Date: Feb 2010
Location: Narragansett Bay
Posts: 11,103
Thanks: 46
Thanked 229 Times in 214 Posts
Rep Power: 7
   
Re: RI Broker?

Quote:
Originally Posted by gdr View Post
After talking to a few people, I went with Dave McKenney of Brewer Yacht Sales in Wickford. Dave's been very helpful, and my wife and I are looking forward to enjoying the Sabre 30-3 that we just purchased.

The only comment I would offer the group is that Glenn Walters of Bluenose immediately lost interest in us when it became clear we were planning to keep the purchase under $40k. He seemed like a nice and knowledgeable fellow, but he's apparently not interested in our end of the boat market.

Now... I'm heading over to the "Gear and Maintenance" area to get a few pointers on some of the little problems that need to be addressed with our old boat.

Enjoy the day.
Congrats gdr. Where are you going to keep her?


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Jeanneau 54DS

In the harsh marine environment, something is always in need of repair. Margaritas fix everything.
Minnewaska is offline  
Quote Quick Reply Share with Facebook
post #14 of 20 Old 11-07-2014 Thread Starter
gdr
Junior Member
 
Join Date: Aug 2014
Location: Wakefield, RI
Posts: 23
Thanks: 12
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Re: RI Broker?

Wickford Cove Marina.
gdr is offline  
Quote Quick Reply Share with Facebook
post #15 of 20 Old 11-07-2014
Senior Member
 
sailpower's Avatar
 
Join Date: Jun 2008
Location: Fort Lauderdale
Posts: 296
Thanks: 1
Thanked 8 Times in 8 Posts
Rep Power: 8
 
Re: RI Broker?

Quote:
Originally Posted by gdr View Post

The only comment I would offer the group is that Glenn Walters of Bluenose immediately lost interest in us when it became clear we were planning to keep the purchase under $40k. He seemed like a nice and knowledgeable fellow, but he's apparently not interested in our end of the boat market.
The 6% selling side of the commission on a 40k sale is $2,400 of which the broker gets half or $1,200.

$1,200 doesn't allow for a lot of time or travel for the broker who pays all of his own expenses so, there is just not enough there unless it is quick and nearby.

Congratulations on your purchase.
sailpower is offline  
Quote Quick Reply Share with Facebook
post #16 of 20 Old 11-07-2014
Senior Member
 
Jiminri's Avatar
 
Join Date: Aug 2012
Posts: 278
Thanks: 12
Thanked 8 Times in 8 Posts
Rep Power: 3
 
Re: RI Broker?

Quote:
Originally Posted by sailpower View Post
The 6% selling side of the commission on a 40k sale is $2,400 of which the broker gets half or $1,200.

$1,200 doesn't allow for a lot of time or travel for the broker who pays all of his own expenses so, there is just not enough there unless it is quick and nearby.
That's true, but some (smart) brokers realize that the buyer may well want to buy another, bigger and more expensive boat in a few years. Or has friends who will want a recommendation of a good broker. These brokers take the long view of how to make $.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Nonsuch 30 Ultra #343 1986
West River, MD
Jiminri is offline  
Quote Quick Reply Share with Facebook
post #17 of 20 Old 11-07-2014
Senior Member
 
sailpower's Avatar
 
Join Date: Jun 2008
Location: Fort Lauderdale
Posts: 296
Thanks: 1
Thanked 8 Times in 8 Posts
Rep Power: 8
 
Re: RI Broker?

Quote:
Originally Posted by Jiminri View Post
That's true, but some (smart) brokers realize that the buyer may well want to buy another, bigger and more expensive boat in a few years. Or has friends who will want a recommendation of a good broker. These brokers take the long view of how to make $.
Sounds great and maybe sometimes even happens.

Nobody is Perfect. I am Nobody, therefore I am Perfect.
sailpower is offline  
Quote Quick Reply Share with Facebook
post #18 of 20 Old 11-07-2014
Senior Member
 
Jiminri's Avatar
 
Join Date: Aug 2012
Posts: 278
Thanks: 12
Thanked 8 Times in 8 Posts
Rep Power: 3
 
Re: RI Broker?

Quote:
Originally Posted by sailpower View Post
Sounds great and maybe sometimes even happens.
Maybe it's rare. I don't know. All I know is that the broker who sold my last boat worked really hard to sell a relatively inexpensive boat. He treated me like my boat's value (and his commission) was 10X what it actually was. As a result, I have recommended him and his company to several others. And when I go to buy my next boat, I'll call him first.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Nonsuch 30 Ultra #343 1986
West River, MD
Jiminri is offline  
Quote Quick Reply Share with Facebook
post #19 of 20 Old 11-10-2014 Thread Starter
gdr
Junior Member
 
Join Date: Aug 2014
Location: Wakefield, RI
Posts: 23
Thanks: 12
Thanked 0 Times in 0 Posts
Rep Power: 0
 
Re: RI Broker?

I've already recommended Dave to two friends - one in the market now and one considering it. I'll also come back to him if I decide I want a different boat. He's been great, and I appreciate his time.

Also - I'm not convinced that Dave got a bad deal for the commission that he's earned from my purchase. I did a lot of the legwork on my own after Dave spent some time educating me on what to look for. He helped out with the survey, and has been great with the paperwork, advising me on various maintenance / repair issues and connecting me with some professionals in the area.

All-in-all, I think it was a win for everyone involved.
gdr is offline  
Quote Quick Reply Share with Facebook
post #20 of 20 Old 11-12-2014
Senior Member
 
CBinRI's Avatar
 
Join Date: May 2004
Posts: 919
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 12
 
Re: RI Broker?

Sounds like you made a good choice. Congratulations.
CBinRI is offline  
Quote Quick Reply Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Broker ?? Skippyman General Discussion (sailing related) 15 03-07-2011 05:43 PM
Canadian looking for Broker Tanny Boat Review and Purchase Forum 13 01-03-2010 02:50 AM
Non-responsive broker? oceanscapt Boat Review and Purchase Forum 9 08-19-2009 09:40 PM
Broker, Broker, where are you? Willsail Boat Review and Purchase Forum 38 03-26-2007 11:05 PM
Best way to use a broker? I''m 0 for 2. dnr Boat Review and Purchase Forum 14 11-26-2002 05:40 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome