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  #21  
Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

No one is OBLIGED to sell anything to anybody, just because it is offered for sale. The broker appears to have acted in good faith but was undercut by their client. Forget the lawyer and move on. A lawyer will eat the price of a nice boat in no time.
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

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Originally Posted by bljones View Post
Exactly- so why offer full asking? Further, why worry about litigating when there are so many more other boats out there?
It's not so much a buyer's market here is SoCal anymore. My broker friends tell me that they have been very busy over the last year and most of the deals are gone.
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

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Originally Posted by bljones View Post
Exactly- so why offer full asking? Further, why worry about litigating when there are so many more other boats out there?
Based on the OP's statement, sounds like 2 full price offers were made on the same day. When that happens, I'm guessing the boat was already priced to sell and sell quickly...at full price. You don't try to bargain when the boat is already a bargain.

It would be nice to hear back from the OP.
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  #24  
Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

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Originally Posted by chuck53 View Post
Based on the OP's statement, sounds like 2 full price offers were made on the same day. When that happens, I'm guessing the boat was already priced to sell and sell quickly...at full price. You don't try to bargain when the boat is already a bargain.

It would be nice to hear back from the OP.
Good point.
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

It's not complicated, don't make it complicated.

Sh!t happens. Move on.
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

Looks like someone has to take the side of the OP...I tend to research my purchases extensively. Whether its quality, color, age or it just looks cool, I may get attached to a particular item. Worse case this guy could have gotten attached to this boat, traveled, stayed in a hotel, paid a surveyor, took off work and who knows what with the expectation that the boat was for sale. I think it would depend on the details of how the broker presented the boat. Sounds like small claims court at best.

I'm no lawyer, just making this crap up...kind of
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

I sort of agree with jkemp. I think the original post might have been an emotional response to losing the boat. When we lost the first boat we made an offer on, we felt a lot of frustration (at least I did) since a buyer in the seller's same yacht club suddenly appeared (or so it seemed) within hours of us looking at the boat.

On the other hand, I think the OP should move on and look for another boat. Some times things happen for a reason.
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Re: Yacht Brokerage Law and Ethics

What law did the seller break? That's probably the Judge's first question.

"He sold the boat to someone else for what I was willing to pay for it" is going to take a lot of civil/penal research to find on the books.
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Old 03-25-2012
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Re: Yacht Brokerage Law and Ethics

I'm with JimMcGee - move on. Sailing is about relieving the stress, not ramping it up. Some day you'll be able to fondly tell your offspring about the one that got away.

Last edited by rugosa; 03-25-2012 at 11:08 PM.
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Re: Yacht Brokerage Law and Ethics

Quote:
Originally Posted by jkemp101 View Post
Looks like someone has to take the side of the OP...I tend to research my purchases extensively. Whether its quality, color, age or it just looks cool, I may get attached to a particular item. Worse case this guy could have gotten attached to this boat, traveled, stayed in a hotel, paid a surveyor, took off work and who knows what with the expectation that the boat was for sale. I think it would depend on the details of how the broker presented the boat. Sounds like small claims court at best.

I'm no lawyer, just making this crap up...kind of
A surveyor is only hired after an offer is accepted.
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