Originally Posted by bmiller
You guys have me concerned. My wife and I are headed out west to see a few broker listed boats. We have been in contact with a broker who is listing one of the boats in question. He seems on top of stuff but that's based on a few calls and e-mails.
What specific questions should we ask any broker prior to using them on a serious transaction such as a cruising boat?
A couple come to mind:
How long have you been in business?
Can you provide a list of recent transactions?
And additionally can anybody recommend a surveyor
in the San Francisco
A good Surveyor
in the SF bay
area that I know of is Joe Rogers. But there are probably many more. As far as Brokers, it's a 50/50 deal as I see it. I have had good ones and bad. If you make an offer. Read the paperwork you are signing. Most ask for a 10% down. Read what the stipulations are if you want to get that back. Most importantly, if you do a survey
and the boat needs work from a yard. GET AN ESTIMATE!!!
Do not pay for the boat until you do this. My fiend just bought a Catalina 38
for $24,000 and the yard told him the repairs
were $11,000. He owned it for 2 days and now has it back on the market.