Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 22-10-2008, 18:01   #16
Registered User
 
First Mate's Avatar

Join Date: Jun 2008
Location: Puget Sound, WA
Boat: Far From Turtle: 1980 Pearson 424 cutter rigged ketch
Posts: 326
Here's a broker tactic we've seen twice in a row on different boats. We view the boat. We don't make an immediate offer. The broker tells us that there is a foreign buyer flying in to look at the boat. Several months later, the boat hasn't sold - i.e. still on Yachtworld.com.

Do they think we'll suddenly make an offer if a foreign buyer is on the hook? Makes me lose respect for the broker when they play games.

We were about ready to pick this broker to help us when he told us someone was flying in from South Africa to look at the boat. It was like hearing a gong.
__________________

__________________
First Mate is offline   Reply With Quote
Old 28-11-2008, 15:04   #17
Registered User
 
kevingy's Avatar

Join Date: Aug 2008
Location: Roaming, currently Fernandina Beach, FL
Boat: Under contract. Closing soon.
Posts: 174
Quote:
Originally Posted by Hud3 View Post
I've been dealing recently with Ed Whiteaker (Whiteaker Yacht Sales in Bradenton, FL).
I called Ed early this week. I spoke with him for 10 minutes or so. He was on his way to another appointment, so we couldn't talk long. He said he'd call me back after the appointment. He called me back the next afternoon. (It must have been a long appointment.) I was on my way to the airport, so we couldn't talk again. I returned his call the next day. Ed asked what I was looking for. As soon as the word "catamaran" came out of my mouth, he referred me to his "catamaran guy".

Honestly, though, I felt a little put off. I appreciate Ed being honest enough with me to have someone more experienced with catamarans work with me. However, it also seemed like Ed was too busy even if I had been looking for a monohull.

Ed's "catamaran guy" seems to have a lot of catamaran experience and knowledge. I haven't figured out yet how much is fact and how much is opinion. I'm cautiously proceeding with Ed's "catamard guy".
__________________

__________________
kevingy is offline   Reply With Quote
Old 28-11-2008, 15:15   #18
Registered User
 
kevingy's Avatar

Join Date: Aug 2008
Location: Roaming, currently Fernandina Beach, FL
Boat: Under contract. Closing soon.
Posts: 174
There were a couple other pieces of information Ed gave me. I'll throw them out here for discussion if nothing else.

1. On average, in his experience, the final sales price is only about 10% of the YachtWorld.com list price. At most, he's seen about a 15% difference. Reports made in this forum of a 30%-50% discount are over-stated.

2. For the most part, a broker doesn't know of any boats for sale other than those listed on YachtWorld.com. (The YachtWorld.com data source is a marine MLS.) Occasionally, brokers know someone who is getting ready to sell, but haven't pulled the trigger yet. From what he said, the buyer is really looking for thier own boat and just uses a broker for information and to complete the transaction. I assume that leaves the buyer, not the broker, to walk docks and scour boatyards.
__________________

__________________
kevingy is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying from broker vs owner Mermaid Dollars & Cents 5 14-07-2008 18:48
Recommend a broker? Fishman Multihull Sailboats 6 27-11-2007 23:52
Yacht Broker “Certification” GordMay The Library 0 25-01-2005 03:45
Broker recomendation area? irwinsailor Forum Tech Support & Site Help 4 16-10-2003 21:01



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 04:41.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.