Join Date: Jun 2012
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Re: Buying from a private party, not a broker
We have owned two boats. They were both FSBO, and relatively inexpensive. When we looked at boats we stayed in a local-ish area.
As to the relationship with the owner, as stated before, one can learn a lot about the boats history from the PO.
When we were looking at boats we were straight forward an respectful, we did a bit of our own survey before we hired a pro to do the formal survey, we look at everything, tapped decks, look at the rigging crawled into corners looked at hull to deck joints, checked for leaks, etc. etc. this helped cull the herd as it were.
In both of our purchases neither owner cared how much we poked around, as it should be, they were good folk and it showed in their actions and asking price.
The actual monetary exchange was easy, a basic contract spelled out with what was needed by both parties, the refundable deposit was made, the surveyor did his work, we then agreed on the final price, wrote the check and took possession of the boat and brought it home.
We spoke to a three of brokers while looking, one struck us as a bit shifty, and one was uninformed, the last guy was quite honest in his assessment of the boat we looked at with him.
If an owner is restrictive about you crawling around their boat pre official survey to scope things out it is a bad sign on multiple fronts, and one should likely move on imo.
1977 Bristol 29.9 #17
A slave to the wind
Last edited by Pegu club; 01-18-2016 at 12:33 PM.