Join Date: Mar 2007
Location: New England
Thanked 7 Times in 7 Posts
Rep Power: 10
While I financially agree with Insails statement, you also don't want to come across as someone who isn't serious if you really are serious about the boat. If you work with a broker and you consistently come in with low ball offers, he isn't going to take you seriously and may not want to work with you. He's got to make money too and if you constantly come in with offers of 50 cents on the dollar, if I was acting as your broker, I'd stop sending leads. His time is valuable as is the sellers. If you ask the broker who is representing the boat upfront about the boat's condition and why it is being sold, I found that most will be honest and tell you. Use that information to make an offer that is inline with the cicumstances.
Similar process in my real work. We work with a lot of headhunters and recruiters. We spend lots of money upfront with them to educate them on positions that we have so that they can help select potential candidates for positions in my company. We expect them to present us with only the most qualified candidates. They are paid to screen out the non-qualified. If they just send us every resume that they receive, we soon don't read their submittals and eventually stop working with them.
I would use the insults bids more if you are dealing with the seller directly. He is more likely to take as now he doesn't have to pay the broker.