not one broker should even be on this list. after being told I could change a
double bed arrangement for a thousand dollars in a 53' Hatteras and then
finding there were fuel tanks under them and it would cost thousands. Jim was
told by a broker that a boat was a Cheribii and it was built in someone's
backyard. there all great and no broker does anything but drive a few miles
to earn thousands of dollars and there worse than car salesmen. at least car
salesmen rip you off for hundreds of dollars. I had a broker tell me a 72'
Viking cockpit motor yacht was in bristol condition and when I took my
surveyor down to look at the boat in ft. Lauderdale it wasn't even a Viking it
still had the Gulfstar logos in the engine room and the cockpit had been
bolted onto the regular motoryacht. the boat broker was trying to sell it for
$800,000 and it might have been worth $150,000 tops it even was leaking
between the cockpit and the bolts. I had another broker who told me a tayana
sailboat was completely rebuilt and when we went to seatrial it over heated
the rain poured into the inside from all the leaks and the broker wouldn't
even take the boat into the sea for the seatrial, wasting myself, my wife's
and the price of the haul and the surveyors time. then didn't return my
deposit for 60 days. there all scum and if we buyers don't protect ourselves
with very honest surveyors were in for big trouble. I for got about the one
in panama city who had a pristine sailboat and I drove from west palm beach to
see it. the mast was wood and rotten, the mold down below was overwhelming,
the pulpit was screwed on with screws from home depot and they were two inches
to long and stuck out the two inches and hadn't even been hacked sawed off?
then the lazy broker who put an incomplete listing on yachtworld, no mention
of what engine how many hours, arrangement, or any description of the boat. I
had to call to find out, because tayanas are all different layouts. I decided
to put an offer on the boat and when my broker called them with the offer they
refused to take the deal because they worked with me over the phone. they
would not even present the offer to the buyer so they screw the buyer as well.
They absolutely don't care how much they lie, cheat or steal and anyone who
feels sorry for a broker should be examined. Then there was the one who was
my best friend until I closed on my 50" motor and guess how many times I've
hear from him?
Ed Smith
And you took the broker's word for it without checking further! Wow! You
had the money to buy (ostensibly) a Hatteras 52 (perhaps one of those
really expensive, LRCs) and then have the nerve to tell us that you took a
selling broker's word for what major changes would cost without getting a
professional's estimate If someone never had owned a boat before, or had
never bought a home, or attempted to get a custom piece of furniture made,
I could understand it. But to criticize brokers because you, the buyer,
accepted an unprofessional estimate of what some major renovation would
cost. Give us a break!
There are just too many people shopping for boats who "hope" to find a
great deal and are willing to listen to anyone who will tell them that
they've found it.
I don't see buying a boat any differently than buying a home, or any major
purchase, be it a car, a home, boat, or perhaps an airplane. We're all
willing to hope for the best, and blame the other guy when it goes wrong.
Brokers are caught in the middle - how far are they supposed to go to
"prove" that the seller they represent isn't lying through his/her teeth,
that the boat is in "Bristol" condition, etc. They "represent" the seller;
they're not vouching for everything the seller tells them.
Before looking for a boat, I'd suggest you go back to your college course
in Business Law and dig out those notes about misrepresentation, agency, etc!
Let's not bad-mouth brokers as a whole here. They normally represent
sellers, not buyers. No different than a realtor that you've undoubtedly
done business with on at least one occasion.
And let's not forget those little concepts like "meeting of the minds (or
lack thereof)" when we talk about the price that we/they are willing to pay
to buy something that is totally unnecessary to everyday life but that we
want and can afford so we try to wheel and deal to get it in the best
possible condition at the least possible price!
At 06:55 PM 2/8/2004, ED SMITH wrote:
not one broker should even be on this list. after being told I could change a
double bed arrangement for a thousand dollars in a 53' Hatteras and then
finding there were fuel tanks under them and it would cost thousands.
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Bob McLeran and Judy Young Manatee Cove Marina
M/V Sanderling Patrick Air Force Base
Hampton 35 Trawler Melbourne, Florida