Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 26-06-2008, 19:17   #1
Registered User

Join Date: Jun 2008
Posts: 48
Seeking Advice on Buying Process. Best Proceedure?

Hello world, I've decided what exact make and model Catamaran I want to buy and now I need some advice on what to do next. I've scanned the postings at and have my eye on one or two, so now what?

I guess I would like to find an agent that can look at the boat on my behalf (as I am clearly no expert) but how do I find one that looks after my interests and not the broker? Know of one in the Caribbean or Florida that you trust? And should I initiate the call with the broker or let him do it for me? At what point should I start discussing money and negotiating to see where this is willing to go? Any advice on the buying process would be very helpful!

Thanks everyone for posting so much wonderful advice...
3Eagles is offline   Reply With Quote
Old 26-06-2008, 19:50   #2
Registered User
ldrhawke's Avatar

Join Date: Sep 2007
Location: St. Augustine, Florida
Boat: C&C 40
Posts: 193
Images: 7
Send a message via AIM to ldrhawke
4 Easy Steps to Buying your Yacht

This is one of many brokers that can help you and a simple outline of the normal steps in purchasing a yacht.
ldrhawke is offline   Reply With Quote
Old 26-06-2008, 21:12   #3
Moderator Emeritus
Ex-Calif's Avatar

Cruisers Forum Supporter

Join Date: May 2007
Location: Ohio
Boat: Now boatless :-(
Posts: 11,525
Images: 4
You can do it without a broker, you can do it with the seller's broker only and you can do it with two broker's (see how simple this will be - LOL)

The elements as I see it are

1/ Express an interest in the boat - execute a non-binding sales agreement that allows you to go to the next steps. At this point the sales agreement may require a refundable (conditionally) donwpament.

2/ Establish an escrow - many banks and credit unions offer escrow service. You put the money in a bank and the conditions on when and who to the money gets disbursed is established.

2/ Once an initial price and agreement is in place the sales agreement should specify the terms of survey and sea trial - how much time you have to do it and what the limits are if any.

3/ Do the survey and sea trial at your cost

4/ Establish if there are items on the survey that would adjust the value of the boat - negotiate the final price.

5/ Execute the bill of sale and finalize the sales agreement.
Relax Lah! is SOLD! <--- Click
Click--> Custom CF Google Search or CF Rules
You're gonna need a bigger boat... - Martin Brody
Ex-Calif is offline   Reply With Quote

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
Hello to all, seeking advice nategk Meets & Greets 16 23-12-2007 16:50
Buying a Boat is and EASY Process!! RANT! ssullivan Off Topic Forum 12 07-07-2007 17:03
Struck by Lightning/seeking advice alaskadog Off Topic Forum 26 12-04-2007 00:07
Seeking Advice and Information RichT Meets & Greets 28 17-02-2007 00:55
Seeking Advice on Common Configurations ssullivan Electrical: Batteries, Generators & Solar 54 09-05-2006 06:38

Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 07:54.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.