Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 21-02-2014, 18:57   #1
Registered User
 
TheNomadTrip's Avatar

Join Date: Oct 2013
Location: On the boat...
Boat: Lagoon 380
Posts: 183
Thoughts on brokers and boats?

So I'm looking for a catamaran, my ideal price dropped a bit to the $150K (ish) range. Fully kitted I could go a (tiny) bit higher.

1) I have a broker, I feel like he's a pretty good guy, but I'm wondering if it's OK to poke around for another broker? I ask because at this price point, I don't think I'm commanding much of his attention.


2) Pending a "yes" to the above question... Does anyone have any recommendations for a broker that's a real hustler and does cats (at the lower end of the spectrum)?

3) I feel like most cats currently on the market are asking 20% more than they're worth (generally). If not, it seems like they go very quickly - which seems to confirm my belief.


If it helps at all, I'm looking to cross oceans and am OK with almost any boat that'll do that safely. No family, maybe a girlfriend for a short period of time. I'm more interested in space than performance and would prefer to stay away from project boats (but don't mind putting in some work, if the price reflects that).

Thanks in advance!
__________________

__________________
Planning a spearfishing/freediving/sailing circumnavigation. Find out more here: http://thenomadtrip.com/
TheNomadTrip is offline   Reply With Quote
Old 21-02-2014, 19:14   #2
Registered User

Join Date: Feb 2012
Location: Dunedin New Zealand
Boat: Royal Cape 53
Posts: 25
Re: Thoughts on brokers and boats?

...may have a good lead. My "mentors" SA couple who have sailed last five years in cat up to madagascar/south america/carib are looking to sell.(New grandkids!) Their boat is parked in Saintsimons and is not yet listed. Its a well set uo go anywhere boat that would fit the bill Pretty sure its in your range. They are flying into USA in next few weeks. Neat people,been fantastic teaching me and family the ropes and very honest.
__________________

__________________
Newcatcruisers is offline   Reply With Quote
Old 21-02-2014, 19:28   #3
Registered User

Join Date: Dec 2008
Location: Oriental, NC
Boat: Mainship Pilot 34
Posts: 1,429
Re: Thoughts on brokers and boats?

Where are you located? Unless you are in Ft Lauderdale, a $150,000 boat sale would be desirable for any broker. The commission paid to him even as a co-broker represents a month's salary in many parts of the country.

Sit down with that broker and tell him that you will work exclusively with him, he will get his part of the commission on any boat that you buy, but you expect his attention in return. If that doesn't work, find another broker.

David
__________________
djmarchand is offline   Reply With Quote
Old 21-02-2014, 19:38   #4
Registered User
 
TheNomadTrip's Avatar

Join Date: Oct 2013
Location: On the boat...
Boat: Lagoon 380
Posts: 183
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by Newcatcruisers View Post
...may have a good lead. My "mentors" SA couple who have sailed last five years in cat up to madagascar/south america/carib are looking to sell.(New grandkids!) Their boat is parked in Saintsimons and is not yet listed. Its a well set uo go anywhere boat that would fit the bill Pretty sure its in your range. They are flying into USA in next few weeks. Neat people,been fantastic teaching me and family the ropes and very honest.
PM sent
__________________
Planning a spearfishing/freediving/sailing circumnavigation. Find out more here: http://thenomadtrip.com/
TheNomadTrip is offline   Reply With Quote
Old 21-02-2014, 19:42   #5
Senior Cruiser

Cruisers Forum Supporter

Join Date: Oct 2005
Location: Cruising NC, FL, Bahamas, TCI & VIs
Boat: 1964 Pearson Ariel 'Faith' / Pearson 424, sv Emerald Tide
Posts: 1,531
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by TheNomadTrip View Post
PM sent
You would be wise to keep any broker out of the deal.... There are only two ways it can go with a broker.. The seller pays more, or the buyer takes less. Usually it is a combination of the two...
__________________
s/v 'Faith' is offline   Reply With Quote
Old 21-02-2014, 19:43   #6
Registered User
 
Sailing Cowboy's Avatar

Join Date: Apr 2011
Location: Home Port: West Palm Beach, Live: Seattle
Boat: Beneteau Oceanis 473
Posts: 315
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by djmarchand View Post
Where are you located? Unless you are in Ft Lauderdale, a $150,000 boat sale would be desirable for any broker. The commission paid to him even as a co-broker represents a month's salary in many parts of the country.

Sit down with that broker and tell him that you will work exclusively with him, he will get his part of the commission on any boat that you buy, but you expect his attention in return. If that doesn't work, find another broker.

David
Great answer and the correct answer.
__________________
IYT Yachtmaster Offshore Sail & Power Instructor
ICC Certificate of Competency Instructor
Sailing Cowboy is offline   Reply With Quote
Old 21-02-2014, 19:43   #7
Registered User
 
TheNomadTrip's Avatar

Join Date: Oct 2013
Location: On the boat...
Boat: Lagoon 380
Posts: 183
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by djmarchand View Post
Where are you located? Unless you are in Ft Lauderdale, a $150,000 boat sale would be desirable for any broker. The commission paid to him even as a co-broker represents a month's salary in many parts of the country.
I'm actually in Ft Lauderdale now (usually in Austin, TX), the broker is based in Ft Lauderdale and does a good business in cats outside of my price range. I'm certain of it.

Quote:
Originally Posted by djmarchand View Post
Sit down with that broker and tell him that you will work exclusively with him, he will get his part of the commission on any boat that you buy, but you expect his attention in return. If that doesn't work, find another broker.

David
Good advice, will do. That said, it's become clear that his business has picked up. Which means I may soon be making the decision: find another broker or diversify. Is the latter unethical?
__________________
Planning a spearfishing/freediving/sailing circumnavigation. Find out more here: http://thenomadtrip.com/
TheNomadTrip is offline   Reply With Quote
Old 21-02-2014, 19:50   #8
Registered User
 
Sailing Cowboy's Avatar

Join Date: Apr 2011
Location: Home Port: West Palm Beach, Live: Seattle
Boat: Beneteau Oceanis 473
Posts: 315
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by TheNomadTrip View Post
I'm actually in Ft Lauderdale now (usually in Austin, TX), the broker is based in Ft Lauderdale and does a good business in cats outside of my price range. I'm certain of it.



Good advice, will do. That said, it's become clear that his business has picked up. Which means I may soon be making the decision: find another broker or diversify. Is the latter unethical?
You are free to use whatever broker you choose. Your not bound to them if you feel you are not being represented properly. Just don't use him and another. That would border unethical.
__________________
IYT Yachtmaster Offshore Sail & Power Instructor
ICC Certificate of Competency Instructor
Sailing Cowboy is offline   Reply With Quote
Old 21-02-2014, 19:51   #9
Registered User
 
TheNomadTrip's Avatar

Join Date: Oct 2013
Location: On the boat...
Boat: Lagoon 380
Posts: 183
Re: Thoughts on brokers and boats?

Quote:
Originally Posted by Sailing Cowboy View Post
That would border unethical.
The exact answer I was looking for. Thanks.
__________________

__________________
Planning a spearfishing/freediving/sailing circumnavigation. Find out more here: http://thenomadtrip.com/
TheNomadTrip 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




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 03:51.


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.