Originally Posted by andreas.mehlin
I'm interested in a boat laying in Mexico
Have sent an email
with my offer but got a reply that I have to fill out a form and send them a deposit check of 10%.
Replied to the broker and asked him if they accepted my offer so I could book a flight to check it out. I'm in Europe
and wouldn't go there without knowing if my start-offer is accepted.
Is this a normal procedure?
This was worked over on CF before now. I could'nt understand how you could send a 10% deposit if a price
has'nt been negotiated.
Here is how it worked for me:
I offered by email my figure to the broker...let's call it $150k. The broker sent me by email an " Offer/Acceptance Contract
...showing my figure of $150k for me to sign. This was emailed back signed....sent to seller who countered my offer @ $159k.
I emailed the broker my original figure +$5k( 155k), so now that was emailed to me for signing and presented to seller who accepted.
So now...and only NOW do we have an agreed price
to base the 10% deposit on! I sent the deposit...game on!!!
Fly over, inspect, sea trial, survey
....in that order and at any stage I could have pulled out as per the contract
. That's the way to do it!