SailNet Community

SailNet Community (http://www.sailnet.com/forums/)
-   Boat Review and Purchase Forum (http://www.sailnet.com/forums/boat-review-purchase-forum/)
-   -   Buyer's Broker Question (http://www.sailnet.com/forums/boat-review-purchase-forum/72744-buyers-broker-question.html)

AleksandarB 03-12-2011 12:00 PM

Buyer's Broker Question
 
If I am using a buyer's broker and I want to purchase a sailboat from a private seller, how would my broker get paid?

olson34 03-12-2011 12:08 PM

It's not complicated
 
Quote:

Originally Posted by AleksandarB (Post 708120)
If I am using a buyer's broker and I want to purchase a sailboat from a private seller, how would my broker get paid?

He/She is working for you... your mutually-agreed upon contract would spell out the payment amount and the how/when/where of earning it.

Sidebar: Not in a "brokerage" capacity, per se, but NA Bob Perry has been offering a fixed consulting fee for buyers seeking advice one of his many designs, for the last 25 years or so. He used to charge about $300. It may have risen with inflation. I'm not sure of the time limits on redialing his # for continued consultation.

Sidebar #2: Like any large purchase, yacht, house, airplane... often a buyer hires the services of a specialist attorney to do the diligence and proper paperwork, on a flat fee or hourly basis.

Happy shopping,

L

mitiempo 03-12-2011 01:11 PM

Bob Perry charges $500 now and that includes ongoing questions within reason. My neighbor has done this and has a Valiant 40.
Here's the link.
Robert H Perry Yachts Designers Inc. - CONSULTATION SERVICE

Minnewaska 03-12-2011 01:57 PM

If you contact a broker, they are unlikely to bother showing you a private listing, unless you agree to pay the commission. If you've already found a private listing that you like, you don't need a broker, you need a surveyor. There is a lot of information on this site to help you determine whether the prospect boat is worth surveying.

Good luck.

AleksandarTOR 03-16-2011 09:16 PM

Thank you olson34 and mitiempo for the info on Robert Perry. Thanks Minnewaska, your answer really explained it to me now.

sailingfool 03-16-2011 10:10 PM

Quote:

Originally Posted by AleksandarB (Post 708120)
If I am using a buyer's broker and I want to purchase a sailboat from a private seller, how would my broker get paid?

I continue to personally believe that buyer's brokers are rare or non-existent in the yacht world, and usually reflect someone's confusion about the role of "their" broker.

But always ready to learn something new.

Why do you think you have a buyer's broker? If you are using a buyer's broker...well then scan and post a copy of your brokers agreement and we can look up the answer to your question.


All times are GMT -4. The time now is 07:04 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012