Setting an offer price - Page 4 - SailNet Community
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post #31 of 34 Old 07-09-2011
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I'm not familiar with too many that have gone out to find their own buyer's broker. However, I know many who end up with one after they call to see a broker's listing, then don't like the boat but like the broker who starts helping them look for another broker's listing. However, one need to be very careful who is working or who. Its not automatic.


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post #32 of 34 Old 07-09-2011
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Within the last year I both bought and sold a boat.

- I used my own broker for the purchase. She is a friend whom I trust and it made the process much easier.

- I paid 12% below asking price. My initial offer was about 20% below.

- I don't care if the seller gets insulted. That is there problem not mine. I'll make an offer that I feel is reasonable for me to make and they will take it if they think it is reasonable for them. If my offer is close enough, then they will counter. I won't make what I consider to be an unreasonably low offer as I feel that is a waste of everyone's time. Wasting someones time is discourteous which I refuse to do.

- My own boat sold for much less than I wanted.

- I got some very low offers and was never insulted by them. I was annoyed by one potential buyer who made a deal they later couldn't finance. They should have known what they could finance going in. They wasted my time which I felt was discourteous.

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post #33 of 34 Old 07-09-2011
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Quote:
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I was annoyed by one potential buyer who made a deal they later couldn't finance. They should have known what they could finance going in. They wasted my time which I felt was discourteous.

Dave
Yeap…… Don't go shopping when you have no money :mad


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post #34 of 34 Old 07-09-2011
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Quote:
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I was annoyed by one potential buyer who made a deal they later couldn't finance. They should have known what they could finance going in. They wasted my time which I felt was discourteous.
I don't understand people doing this. My guess is simply lack of experience or understanding of their financial position.

When I purchase something I don't have the money for, I secure financing in advance. When I buy a new car, I get pre-approved and have a site draft in hand, making me a cash buyer. (not that it matters) When I bought my house, I went through the mortgage process and got pre-approved, THEN I went house shopping....and believe me, when you give your real estate agent a copy of your pre-approval paperwork, they are VERY motivated to help you find a house! If I were to finance a boat, I'd get pre-approved first, then go shopping. I'm not going to put myself in the embarrassing position of not being able to complete a deal, or wasting the seller's time.


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