At 01:12 PM 01/06/2003 -0800, Joe Engel wrote:
snip> there is no such thing as a buyer's broker <snip> It is not in the
interest of the broker to reduce the final sales price and hence reduce
his commission.snip>>
Joe and Vaughan, This may being going too far. Its usually quite in the
interest of the broker to get the deal done and move on. When I was a
broker (I admit, not a very good one) I was always looking for the
commision to buy food and slip rental money. Buyers walk out of your office
and are never seen again. Brokers are after the sale as fast as possible.
The only thing I ever heard about discounted offers on boats from the
brokers was simply that the seller might not accept it. And I'll add to
that . . both brokers were mad the deal fell thru not because a few hundred
in commision was bargained away, all it was gone. I can hear the both
broker managers now. "So you let them argue over a few thousand bucks on
the freaken boat and now you have nothing. Did ya learn anything?" Of
course the broker manager is out half the commish as well.
A lot of boats have to go thru this process a few times before a deal is
cut. People love their boats and generally think they are worth more than
those wanting to buy them. The brokers don't love your boat and they really
don't care if its a few thousand less, they just want a deal before the
buyer or seller leave and they get nothing.
Skooch Hatteras 42 LRC
Worton Creek MD
David Stahl
Beacon Technologies Inc.
Serving The Delaware Valley
Business and Residential Internet Services
At 04:56 PM 1/6/03 -0500, you wrote:
A lot of boats have to go thru this process a few times before a deal is
cut. People love their boats and generally think they are worth more than
those wanting to buy them. The brokers don't love your boat and they really
don't care if its a few thousand less, they just want a deal before the
buyer or seller leave and they get nothing.
Skooch Hatteras 42 LRC
Worton Creek MD
The first offer is the best.
It is turned down.
A year or 2 later, the latest offer is finally accepted.
In desperation.
This is the pattern. It would be more funny, if not so true.
There does not seem to be any end in sight.
My sources tell me that boats are selling.
But, don't hold your breath waiting for the right offer.
You might not die of drowning.
Capt. Mike Maurice
Wilsonville, Near Portland Oregon