Join Date: Aug 2003
Location: Long Island, NY
Thanked 16 Times in 15 Posts
Rep Power: 11
As others have mentioned, you need to submit an offer, and have it accepted, before the deal can go any further.
TYPICALLY, your office is contingent on the results of a survey. That does not mean you have the right to renegotiate the price. It means that you can decided to buy or reject the boat.
In reality, SOMETIMES, after the survey, the price will be adjusted. In other situations the owner will correct certain items.
I have bought 3 boats and sold 2. I have never changed the price of the boat because of the survey (2 boats bought after surveys, 1 sold after survey). I did require the owners to make changes after the survey, but that was for minor things (some burned out light bulbs, run some rigging lines correctly, replace a belt on the engine, etc.).
So don't expect the price to change as a result of the survey. Offer what you feel is a fair price for the boat assuming you know the condition. If, after the survey, the boat is not as you thought it was, you probably don't want the boat anyway.
Day To Remember, 1986 O'day 35 For Sale
Deep Blue C, 2002 C&C 110 For Sail
Mt. Sinai, NY
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