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Old 02-05-2013, 21:45   #16
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Re: Biggest lie told by a broker ?

I had a broker tell me that a boat had a generator and airconditioning. After driving several hours to see a boat that he misrepresented in several other ways, I asked him about the genny and aircon, and he pointed in the corner at an old harbor freight generator and a $100 walmart window shaker. This was a power boat. The window unit sat on the foredeck and he had a tarp to force the air in thru the hatch.
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Old 02-05-2013, 21:58   #17
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Re: Biggest lie told by a broker ?

A friend currently in the market remarked of yacht brokers he is dealing with that "it's one thing to be a whore, but an unskilled whore? That's just bad business."
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Old 02-05-2013, 22:21   #18
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Re: Biggest lie told by a broker ?

Quote:
Originally Posted by Tim R. View Post
- Lightening strikes do not affect carbon fibre masts
- That will buff out
- Pristine
- Meticulous owner
- I know a great surveyor
- The boat has been: professionally/lovingly/regularly maintained
- and it has never been: raced/grounded/hurricaned
- so it is in: recently restored/turn-key/sail-away condition
- because the previous owner was: knowledgable/meticulous/breathing
- and I swear to God it has only been sailed on: fresh water/coastal waters/Sundays.
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Old 02-05-2013, 23:05   #19
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Re: Biggest lie told by a broker ?

I made a cash offer on a boat I liked and asked the broker to present it to the owner. Got the reply back today :-

"He said that he’s not interested in a trade.
I’ll keep you in mind if I hear of someone looking for a boat like yours."

But I offered cash, not a trade .... so it looks like the broker did not bother to even read my email, and lied about presenting my offer the the owner.
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Old 02-05-2013, 23:13   #20
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Re: Biggest lie told by a broker ?

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Originally Posted by homeless View Post
But I offered cash, not a trade .... so it looks like the broker did not bother to even read my email, and lied about presenting my offer the the owner.
Never assume that a yacht broker can read.
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Old 03-05-2013, 08:39   #21
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Re: Biggest lie told by a broker ?

Generally speaking, brokers I've dealt with have provided me with a good living doing deliveries on the west coast.
The only broker that really surprised me refused to allow me to view a boat for a friend who was in the market for a specific model and year and had previously owned a similar boat so had some specific questions about condition. The broker would not give me the owners name to ask him questions about the boat.
I went ahead and contacted the owner anyway who met me at the boat and showed me through her because the broker was located about 300 miles from where the boat was moored.
The broker called me and the owner threatening to sue us both for breach of the exclusive listing he had with the owner. I told him to piss off and that I would advise my friend not buy the boat because the dealer would find someway to screw both the owner and the buyer. The sale went nowhere, the broker moved the boat to his marina 300 miles from where it was located and a year later the boat is still for sale.
My buddy would have been quite happy to move forward and buy the boat, the owner was anxious to sell and acknowledged he was responsible to pay a commission on the sale in accordance with the terms of the exclusive listing, a price had been agreed upon between the owner and the buyer, I expected nothing as I was doing a favor for a friend but the broker just screwed himself and the owner out of a sale mainly because of his attitude.
I've not done business with this particular broker before but had done several deliveries for his company over the years so he knew who I was and that I had retired.
Some folks just aren't suited for the service industry, I guess... Phil
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Old 03-05-2013, 09:20   #22
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Re: Biggest lie told by a broker ?

To seller: the commission comes out of the buyers pocket, so it has no impact to you.

To buyer: the commission comes off of the money the seller gets, so it has no impact to you,

Variation,

To buyer (buyers agent): the commission comes out of the other brokers pocket, it has no impact to you.
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Old 03-05-2013, 09:25   #23
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Re: Biggest lie told by a broker ?

Quote:
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Never assume that a yacht broker can read.
...or sail. Wear white pants and Topsiders, yes.
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Old 03-05-2013, 09:36   #24
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Re: Biggest lie told by a broker ?

One thing I do recall from my years in the delivery business is that boat brokers generally can party like hell!! Particularly, the ladies!! Phil
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Old 03-05-2013, 11:19   #25
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Re: Biggest lie told by a broker ?

Names, people! We need names! The entire value of a forum like this one comes from the sharing of information. So share!

Even if you don't want to bad-mouth someone in public, at least those who have had good experiences should be willing to publicly acknowledge the good brokers.
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Old 03-05-2013, 11:38   #26
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Re: Biggest lie told by a broker ?

Quote:
Originally Posted by Tim R. View Post
- Lightening strikes do not affect carbon fibre masts
- That will buff out
- Pristine
- Meticulous owner
- I know a great surveyor
All above are TRUE
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Old 03-05-2013, 11:42   #27
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Re: Biggest lie told by a broker ?

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Originally Posted by sy_gilana View Post
Well not a lie actually but..

The broker took the offer my friend put in on a boat, it was accepted by the bank (re-posessed sale)

We went to arrange the splash and found.

One anchor and chain missing.
12 ft Dink and 15Hp motor replaced with 10 ft dink and 5hp motor
Full fuel tanks were now empty
Expensive auto inflate life jacket/harnesses replaced with cheapos
Steiner binoculars replaced with Chinese cheapo
All tools gone
All sails except those rigged gone

Wrote to the bank to say we wanted to back out, they said no, we said the subject of sale had changed. They went ballistic, and broker went away in handcuffs, BUT he is back again and continuing the fine tradition.
Bollocks!! Do not believe one word of what you said
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Old 03-05-2013, 12:25   #28
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Re: Biggest lie told by a broker ?

Biggest lie told by a broker ?

"The boat is in great condition"

It cost two return flights, hotel and car hire costs to find the "great condition" boat was a pile of ****. I swore at the broker and told him what a lying piece of scum he was.
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Old 03-05-2013, 12:27   #29
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Re: Biggest lie told by a broker ?

Well, bad brokers are everywhere, but ones with integrity I remember. Judy, who sells Valiants in Seattle, was such a broker. Still trust her.
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Old 03-05-2013, 12:31   #30
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