Tips on buying from a broker - SailNet Community
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post #1 of 36 Old 09-30-2019 Thread Starter
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Tips on buying from a broker

What's their cut?

How much wriggle room you figger on a boat offered @ 16.5?

........?
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post #2 of 36 Old 09-30-2019
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Re: Tips on buying from a broker

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Originally Posted by Drinky Crow View Post
What's their cut?



How much wriggle room you figger on a boat offered @ 16.5?



........?
Depends on what it's worth. My last two boat sales sold for the asking price, and the buyers got very good deals.

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Re: Tips on buying from a broker

Even with a seller's broker and a buying broker, I bought this boat for a bit less than 2/3 of asking.
I don't go into a business deal, and that is all buying a boat is until she is yours, with any emotional attachment or care for the owner's emotions about his boat. If you let your emotions cloud the deal, you'll pay a lot more.
Offer no more than you are comfortable paying and move on to the many other boats out there for sale if the owner balks.
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post #4 of 36 Old 09-30-2019
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Re: Tips on buying from a broker

Standard broker commission is 10 percent. No standard on what percentage below asking you can offer. Some boats are priced well, others are overpriced.

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post #5 of 36 Old 09-30-2019
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Re: Tips on buying from a broker

10% or a minimum of $3000 here, the commission often gets split 4 ways, listing agent, listing brokerage, selling agent, selling brokerage all get a share.
A friend was the highest seller for a large broker last year, 1.5 million worth of boats, $150,000 of commissions, his share was closer to $50,000.
It's really not as easy or lucrative as it can seem.

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Last edited by capttb; 09-30-2019 at 12:07 PM.
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post #6 of 36 Old 09-30-2019 Thread Starter
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Re: Tips on buying from a broker

Wouldn't e-mail me copy of recent survey, said, "problems w/that", . What.........?
Viewing @ 5:00.
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post #7 of 36 Old 09-30-2019
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Re: Tips on buying from a broker

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Originally Posted by Drinky Crow View Post
Wouldn't e-mail me copy of recent survey, said, "problems w/that", . What.........?

Viewing @ 5:00.
You say offered at 16.5....you mean $16,500? I'm surprised a broker is even listing a boat that cheap!

The fact that they have a recent survey and will not show it to you tells me they are hiding something.

I see from your tag that you are in Vancouver...what boat is it? Which broker? I know a good surveyor if the deal gets that far.

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post #8 of 36 Old 09-30-2019 Thread Starter
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Re: Tips on buying from a broker

Broker will show it to me, just not e-mail it. Maybe owner is people adverse?



Quote:
I know a good surveyor
Manana?

Last edited by Drinky Crow; 10-02-2019 at 07:23 PM. Reason: Prudence
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post #9 of 36 Old 09-30-2019
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Re: Tips on buying from a broker

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Originally Posted by Drinky Crow View Post
Broker will show it to me, just not e-mail it. Maybe owner is people adverse?



[

Manana?
Lol! Yeah Manana is the one I was thinking of!

That looks like a nice little boat for the money. I don't think the price is unreasonable if it looks as clean in person as it does in pics. You might be able to get a couple of grand knocked off depending on how long it's been on the market.

Compared to the boats I've seen on the market locally in that price range that looks pretty good. I wouldn't expect it to be on the market long.

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Last edited by SchockT; 10-03-2019 at 02:44 AM.
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post #10 of 36 Old 10-01-2019 Thread Starter
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Re: Tips on buying from a broker

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Originally Posted by SchockT View Post
Lol! Yeah Manana is the one I was thinking of!
Except he can't legally work that side of the line.

Quote:
Compared to the boats I've seen on the market locally in that price range that looks pretty good. I wouldn't expect it to be on the market long.
Uhh.....we're gonna' pass.

Last edited by Drinky Crow; 10-01-2019 at 04:25 AM.
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