Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 31-03-2011, 10:07   #16
CF Adviser
 
Bash's Avatar

Cruisers Forum Supporter

Join Date: Dec 2008
Location: sausalito
Boat: 14 meter sloop
Posts: 7,260
Re: Survey: Who Should Pay?

I'm not sure why we should expect anyone irrational enough to have purchased a boat to suddenly become rational in the process of selling that boat.

Back to the original question: the buyer pays for the survey, unless of course no survey takes place, in which case the buyer pays for the survey over and over and over and....
__________________

__________________
cruising is entirely about showing up--in boat shoes.
Bash is offline   Reply With Quote
Old 31-03-2011, 10:10   #17
Registered User

Join Date: May 2008
Location: Cleveland Ohio
Boat: 1990, catalina 30' tall rig
Posts: 47
Re: Survey: Who Should Pay?

I would love to know who came up with the "buyer pays for a survey" rule. If I really wanted to sell a boat ( listen up brokers) than I would have a survey done and show it to all prospective buyers. I think it is completly unresonable to ask someone to haul " your" boat, have it power washed, checked for defects, and than put "your" boat back in the water, cleaned,with a detailed report of what "you" need to fix and , oh yeah, PAY for the privilege of doing that for "you". That is nuts. It is the same as going to a car dealership, paying for the gas, carfax, salesmans time, and wear and tear on the car for the test drive, just so you can make an offer and pay for the car. Brokers and owners need to wake up and be proactive if they want to sell a boat, sack up and tell the boat owners that to have a survey in hand will set your boat apart from the rest and shows that you are serious about selling
__________________

__________________
boatless 4 now is offline   Reply With Quote
Old 31-03-2011, 10:35   #18
Moderator Emeritus
 
FrankZ's Avatar

Cruisers Forum Supporter

Join Date: Sep 2006
Location: Chesapeake Bay
Boat: Bristol 35 Bellesa
Posts: 13,565
Images: 1
Re: Survey: Who Should Pay?

I wouldn't use a seller's survey as a basis of buying a boat. There is too much potential for a conflict of interest.

If the seller has one and wishes to share is fine, but I want my own guy doing work for me. It would also be interesting to see the differences.
__________________
Sing to a sailor's courage, Sing while the elbows bend,
A ruby port your harbor, Raise three sheets to the wind.
......................-=Krynnish drinking song=-
FrankZ is offline   Reply With Quote
Old 31-03-2011, 10:41   #19
Senior Cruiser
 
skipmac's Avatar

Cruisers Forum Supporter

Join Date: Oct 2007
Location: 29 49.16 N 82 25.82 W
Boat: Pearson 422
Posts: 12,373
Re: Survey: Who Should Pay?

Quote:
Originally Posted by FrankZ View Post
I wouldn't use a seller's survey as a basis of buying a boat. There is too much potential for a conflict of interest.

If the seller has one and wishes to share is fine, but I want my own guy doing work for me. It would also be interesting to see the differences.
Absolutely. I used to be a broker and it was well known in the industry that there were certain brokers that always recommended a certain surveyor who would "overlook" a lot of minor but potentially costly details.

Get your own surveyor and think very carefully about any recommended by the seller unless you really, really trust them.
__________________
The water is always bluer on the other side of the ocean.
skipmac is offline   Reply With Quote
Old 31-03-2011, 10:44   #20
Registered User

Join Date: Oct 2009
Location: Out cruising
Boat: Bruckmann 50
Posts: 521
Re: Survey: Who Should Pay?

Quote:
Originally Posted by boatless 4 now View Post
I would love to know who came up with the "buyer pays for a survey" rule. If I really wanted to sell a boat ( listen up brokers) than I would have a survey done and show it to all prospective buyers. I think it is completly unresonable to ask someone to haul " your" boat, have it power washed, checked for defects, and than put "your" boat back in the water, cleaned,with a detailed report of what "you" need to fix and , oh yeah, PAY for the privilege of doing that for "you". That is nuts. It is the same as going to a car dealership, paying for the gas, carfax, salesmans time, and wear and tear on the car for the test drive, just so you can make an offer and pay for the car. Brokers and owners need to wake up and be proactive if they want to sell a boat, sack up and tell the boat owners that to have a survey in hand will set your boat apart from the rest and shows that you are serious about selling
But that is not what happens. You first agree to buy the boat. People often forget that this step occurs first. Only after you have a signed agreement to purchase the boat that has defined criteria for backing out does the buyer (to insure he/she really got what they agreed to buy) do a survey. A survey is not really even part of the purchase. The purchase can happen without a survey even being done. It is solely insurance for the buyer to assure they got what they think they are getting since most boats cannot be seen completely until they are out of the water and inspected.
It is more like going to buy a car from a used car dealer and then driving the car to another mechanic for a second opinion and then still being able to back out of the deal if you don't like what the mechanic tells you. Put that way it sounds like a pretty good deal.

Jim
__________________
jkleins is offline   Reply With Quote
Old 31-03-2011, 11:33   #21
Registered User

Join Date: Jan 2005
Posts: 741
Re: Survey: Who Should Pay?

And, even an agreed to price is negotiable on the basis of what the survey shows. The buyer agreed to buy a boat as it appeared; if it needs critical work, the seller can do the work or reduce the price appropriately.
__________________
Hannah on 'Rita T' is offline   Reply With Quote
Old 31-03-2011, 11:55   #22
Registered User
 
Capt Phil's Avatar

Join Date: Jun 2010
Location: Stateline NV
Boat: Prior boats: Transpac 49; DeFever 54
Posts: 2,749
Re: Survey: Who Should Pay?

I'm with Mimsy and Skipjack... have a signed agreement for sale, with contingencies like sea trial and survey BOTH acceptable to the buyer, forget his hotel and bar bill and any other wierd demands he has. If he doesn't agree in writing, save yourself the airfare, survey costs and agro. The guy sounds like he is just fishing the market on the off chance someone with more $ than brains happens along without much interest in doing a deal. Start out offering about 60% of his asking price.... Saucy is far more compassionate than I! good luck Capt Phil
__________________
Capt Phil is offline   Reply With Quote
Old 31-03-2011, 12:05   #23
Registered User
 
capnorv's Avatar

Join Date: Sep 2010
Location: Bainbridge Island Washington on the Salish Sea
Boat: Hardin 45 Voyager Alice B., Gig Harbor 10, Orca 7 1/2 sloop, 16' sea kayak
Posts: 364
Images: 1
Re: Survey: Who Should Pay?

Bought my boat without survey or sea trial. Survey is not needed for insurance, at least liability and USAA's underwriter doesn't require a survey if the vessels worth is in their database. fyi, ours wasn't.
__________________
capnorv is offline   Reply With Quote
Old 31-03-2011, 12:10   #24
Registered User
 
lorenzo b's Avatar

Join Date: May 2009
Location: Panama
Boat: Steel trawler 63' Eileen Farrell
Posts: 961
Re: Survey: Who Should Pay?

This is why we have agents that smooth out all these irrational quirks when buying and selling houses and boats. Insist on using one. They will make sure everything is done properly and everyone is happy.
__________________
lorenzo b is offline   Reply With Quote
Old 31-03-2011, 12:22   #25
Registered User
 
tager's Avatar

Join Date: Apr 2009
Location: Vashon, WA
Boat: Haida 26', 18' Sea Kayak, 15' kayak, 6.5' skiff, shorts
Posts: 837
Re: Survey: Who Should Pay?

FSBO is fine and it doesn't skim the cream. What you need is legal writing, and signatures, not a bunch of buffoons to keep an eye on while trying to do important business.
__________________
tager is offline   Reply With Quote
Old 31-03-2011, 12:25   #26
Armchair Bucketeer
 
David_Old_Jersey's Avatar

Join Date: Oct 2006
Posts: 10,013
Images: 4
Re: Survey: Who Should Pay?

No one "should".

Every last bit of a deal is down to each party to decide.


In OP's circumstances the answer is easy. and mentioned a few times already ...........don't bother getting involved.
David_Old_Jersey is offline   Reply With Quote
Old 31-03-2011, 13:02   #27
Registered User
 
Don1500's Avatar

Join Date: Jul 2010
Location: On Board, just above the water
Boat: Marine Trader 47
Posts: 1,176
Re: Survey: Who Should Pay?

Quote:
Originally Posted by doug86 View Post
Wait a minute.... you wanted our opinion on whether you can take this guy to court for the expense of inspecting his boat, and now you admit that you are actually coming to "tour" the east coast to inspect a number of different boats?
Yes I wanted the opinion, but not that anything had happened yet. And it won't if it goes as planned. But part of the trip will be directly related to going to this spot, not now on my list and over 1000 miles away from anywhere I was planning to go. As of today the nearest I was planning on going to the east coast is Houston/Kemah. The bulk of the expenses I would incurr are directly related to that boat. I would not have tried to get anything for the complete trip, I was trying to keep the question simple.

What the question really was "If I spend a money to go look at a boat, have a survey and sea trials done, spend a few days traveling to and from the area, should the seller have the right to refuse to sell because I am "Not Worthy" of the boat?". That question has been answered; "Get a signed agreement that the seller will sell before spending money on the boat." Next part, "Should the buyer pay for the sellers hotel while the boat is out of the water for the survey?" Quick answer, "NO". I did not and have not tried to get anything I was not due.

From now on I am going to have a lawyer write my questions here.
__________________
The Nomad Blog Mother, mother ocean, I have heard you call
Everything I know about cruising I learned from Travis McGee - http://theroamingnomad.com
Don1500 is offline   Reply With Quote
Old 31-03-2011, 13:37   #28
Registered User
 
Jolly Roger's Avatar

Join Date: Oct 2006
Location: Titusville, Florida - for the moment
Boat: Down East 45, Brigantine
Posts: 944
Images: 1
Re: Survey: Who Should Pay?

Don. You had some perfectly sound replies to your initial post, even a quasi legal opinion. I read the thread, even though it was pretty oblivious to me how anyone with half a knowledge about buying boats should conduct themselves with this rather silly seller—that is, until you promptly changed the parameters. You should be thanking the respondents, not getting niggled with people who spent time and thought to your problem.
__________________
Jolly Roger is offline   Reply With Quote
Old 31-03-2011, 13:49   #29
Registered User
 
Don1500's Avatar

Join Date: Jul 2010
Location: On Board, just above the water
Boat: Marine Trader 47
Posts: 1,176
Re: Survey: Who Should Pay?

Quote:
Originally Posted by Jolly Roger View Post
Don. You had some perfectly sound replies to your initial post, even a quasi legal opinion. I read the thread, even though it was pretty oblivious to me how anyone with half a knowledge about buying boats should conduct themselves with this rather silly seller—that is, until you promptly changed the parameters. You should be thanking the respondents, not getting niggled with people who spent time and thought to your problem.
Yes, I got some good answers, I thank everyone for them. I had never heard of someone paying for the hotel of the seller during any sale, for any reason. I also had believed that if a person put a boat up for sale and someone spent time and money based on the sellers express desire to sell, the the seller must sell. Where I came from, how much time, that is not too much the point. I am sorry if you think I was tring to "put something over" on you, it was not my intent. The basic parameters were always the same. And the answers were on the mark, get a signed statement before spending the money. Does this change if I go from Washington D.C to Baltimore instead of from San Diago to Boston? No, the question, and answer is still the same.

In any event, I will not be making a special trip to see this boat. If I am in the area, and I am still looking, and it is still for sale, I might take a look.
__________________
The Nomad Blog Mother, mother ocean, I have heard you call
Everything I know about cruising I learned from Travis McGee - http://theroamingnomad.com
Don1500 is offline   Reply With Quote
Old 31-03-2011, 13:59   #30
Registered User
 
Don1500's Avatar

Join Date: Jul 2010
Location: On Board, just above the water
Boat: Marine Trader 47
Posts: 1,176
Re: Survey: Who Should Pay?

Quote:
Originally Posted by boatless 4 now View Post
I would love to know who came up with the "buyer pays for a survey" rule. If I really wanted to sell a boat ( listen up brokers) than I would have a survey done and show it to all prospective buyers. I think it is completly unresonable to ask someone to haul " your" boat, have it power washed, checked for defects, and than put "your" boat back in the water, cleaned,with a detailed report of what "you" need to fix and , oh yeah, PAY for the privilege of doing that for "you". That is nuts. It is the same as going to a car dealership, paying for the gas, carfax, salesmans time, and wear and tear on the car for the test drive, just so you can make an offer and pay for the car. Brokers and owners need to wake up and be proactive if they want to sell a boat, sack up and tell the boat owners that to have a survey in hand will set your boat apart from the rest and shows that you are serious about selling
When you buy a house, wouldn't you have an engineer inspect it? And the buyer pays for that. I have no problem protecting myself by paying for a survey conducted by a professional that has no connection to the seller.
__________________

__________________
The Nomad Blog Mother, mother ocean, I have heard you call
Everything I know about cruising I learned from Travis McGee - http://theroamingnomad.com
Don1500 is offline   Reply With Quote
Reply

Tags
survey

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
Crew Available: I Can Pay To Be On Your Yacht Lord Lucan Crew Archives 28 19-06-2011 11:06
Crew Available: Can Pay My Own Way Patrick2525 Crew Archives 4 31-05-2011 11:49
Pay Before You Even Get a Survey Mate Dollars & Cents 65 17-11-2010 03:05
I Know You Get What You Pay for, But . . . capngeo Electrical: Batteries, Generators & Solar 7 13-11-2010 10:16
How Much Did You Pay, or Are Willing to Pay, for Your Cruising Vessel ? sailorboy1 Dollars & Cents 44 13-04-2010 07:48



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:28.


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.