Join Date: Oct 2008
Location: South Coast Ontario
Thanked 93 Times in 82 Posts
Rep Power: 10
Hey, there's no harm in making an offer. the worst that could happen is the seller says no.
Duckwheat, I will correct one of your erroneous assumptions. Brokers (and realtors, for that matter,) do NOT profit from keeping values up. They profit from selling boats. There is no benefit to keeping prices artificially high, if you aren't selling boats at those prices. the more boats you sell, the more money you make. It is just simple math: A 5% commission on a $200,000 boat is $10 K, but ONLY if it SELLS. If it doesn't sell, the broker gets 100% of 0.
Before you blame brokers for the state of the market, remember, it is never a broker who rejects an offer, but an owner.