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Old 08-09-2015, 11:51 PM   #21
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Couple of things, you say in your OP that you want a boat to do "the loop". What loop? Not many loopers buying boats in Washington state.

You are telling these guys your timeline in your initial phone call. What is it? If "6 months from now" is at the front end and not the back end of your timeline there's another reason your having a hard time. The brokers mortgage is due this month so he will naturally concentrate more on clients looking to help him make it.

TMI is just that, play your cards a little closer to the vest and see how things go. The FSBO no shows are just ignorant idiots and fakeslist is full of them.
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Old 08-10-2015, 01:30 AM   #22
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I've bought boats and sold boats with no broker on either side.

It's not rocket science. I'm simply open ad up-front with my side of the bargain; being a good natured, honest, and on-time business person in all my dealings.

That said; I have run into plenty of flakes on both sides of the deal, i.e. buyers and/or sellers. Luckily I am able to suss out the flakes pretty quickly on phone. That capability saves lots of time and effort. One of the first things I do with buyer is let them know we can go for a relitively short ride on boat, but, they will need to donate $50 which is deductible off price of boat if they purchase. That immediately gets phone chat into a more pointed discussion or it ends the call quickly. For sellers I tell them Iíll pay $50 for fuel if I would like to go for short ride in their boat.

There is/are many other up-front maneuvers I use for both sided of the coin. After our phone conversation most buyers and most sellers become ready to show up on time. HoweverÖ there are some real A-Hole flakes; thatís just part of the game!

Happy Boat-Transfer Daze! - Art
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Old 08-10-2015, 02:41 AM   #23
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Too many "buyers" are simply looking for a boat ride. The one time I took a couple for a ride they brought their kids, PFDs and sandwiches. I would never agree to a ride again. Now it's sign a purchase agreement if you like the boat. Your ride is what the sea trial is for.
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Old 08-10-2015, 07:17 AM   #24
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It seems to me a good relationship with one broker will eliminate many of the no shows. He sets everything up. If he's good he will know the listings that maybe iffy and not worth spending time on.
That approach worked for us.
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Old 08-10-2015, 08:53 AM   #25
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You plan to buy in the pnw to do the loop???
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Old 08-10-2015, 09:54 AM   #26
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Too many "buyers" are simply looking for a boat ride. The one time I took a couple for a ride they brought their kids, PFDs and sandwiches. I would never agree to a ride again. Now it's sign a purchase agreement if you like the boat. Your ride is what the sea trial is for.
From my post # 22 - the one above yours.

The $50 dollars I mention is used as my pivot point for both buying or selling a boat. If the buyer or seller agrees to the $50 bucks for a short cruise I mentioned in my post 22 then no-harm/no-foul for all concerned.

If in the case of a buyer for my boat... if they balk regarding $50 "donated" capital so they can simply see how the boat runs - I immediately get into asking them to make an offer on the boat; so we go into contract, I tell them...if I accept your offer we can take a sort cruise without the $50 donation. This immediately separates the "buyer" wheat from the chaff. From that moment either the phone call ends abruptly or the buyer shows genuine interest of some sort and the phone conversation continues; sometimes this leads to eventually closing the sale.

In the case of me looking to purchase a boat... if the seller does not want to agree to my $50 donated dollars for a short ride it tells me the seller is either not too serious or maybe the boat does not run well at the moment. Whether the seller agrees to the $50 ride or not... I then discuss making an offer on the boat so we can go into contract. I tell the seller that if upon seeing the boat I like it and my on-site offer becomes accepted we can soon go for a sea trial. This immediately separates the "seller" wheat from the chaff.

I have fun on phone with buyers or sellers of anything (boats very much included). Straight talk works best and makes things become crystal clear for me, as well as them (although they may not even realize what just passed over their head - lol)... when I immediately begin to pin buyer or seller down with cash money and/or a contract. These phone chats either lead to things or they are short and sweet.

In some circles it's Horse Traden!
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Old 08-10-2015, 09:56 AM   #27
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I am with Marin and others. We have used the same broker to act on our behalf for the purchase of all our boats. Saves an awful amount of leg work. He also did all the paperwork, handled all the money (paid the sellers lien off etc), attended the survey etc etc. Putting deposits down and the eventual full amount into YOUR brokers account rather than the sellers, I feel is another level of security. I strongly recommend using one.
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Old 08-10-2015, 11:00 AM   #28
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Boat buyin' blues

There are a lot of crummy brokers in the business. I will chime in on your budget. IMO the farther you go below $100K purchase price the harder it will be to work with a good broker. Half of a ten percent commission on a $40K boat is $2000. How many weekends would you want to spend driving around with someone who may not end up buying a boat for the possibility of $2000?

OTOH if your budget is north of $250K, you know what you want, and you can close the deal in two weeks if all goes well, you should have no problem finding a good broker.

Finally, re-reading your posts, once you find "the boat" you don't need a buyer's broker and now you are cutting the other broker's commission by 50%.

Please take this advice the right way. Here in the PNW there is no "loop." Doing the loop is an east coast ICW Great Lakes thing. Nobody buys a 40-foot trawler in the PNW so they can trailer it across the country to do the loop. If you are looking for a 1980s Taiwanese trawler you are probably planning to spend $25-45K on the boat. Perhaps you want an even better deal? It will be hard to find a broker. Otherwise you are looking at a new or nearly- new tug and will spend $250K or more. Brokers and sellers will love you!
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Old 08-10-2015, 11:09 AM   #29
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There are a lot of crummy brokers in the business. I will chime in on your budget. IMO the farther you go below $100K purchase price the harder it will be to work with a good broker. Half of a ten percent commission on a $40K boat is $2000. How many weekends would you want to spend driving around with someone who may not end up buying a boat for the possibility of $2000?

OTOH if your budget is north of $250K, you know what you want, and you can close the deal in two weeks if all goes well, you should have no problem finding a good broker.
Truer words were never said.

Otherwise a buyer or seller could go with my recommendations/description in post 26 and have fun playing the "Horse Traden" games!

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Old 08-10-2015, 01:11 PM   #30
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My thanks to all of you! Great advise, I'm glad to find out it was not just me. We will keep at it and hopefully perserver. As to the loop, it IS in my mind to find the right boat here, find a yard and do whatever repair is needed here. (weekends away from home rather than weeks away). I do know that moving will be expensive but that others have done it. Again, my half-baked plan would be to bring it to Lewiston / Clarkson (WA/ID) and have it shipped to the nearest Great Lake or river. There is a neat site on the internet called UShip that I have used to bring a jetski from Virginia that was a very pleasant and inexpensive experience.

Anyway, again, my thanks to all!

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Old 08-10-2015, 01:13 PM   #31
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Welcome to TF from another Tri Citian.


When we bought our boat I used a buyer's broker but only as a source of some information and answers. I paid him a flat fee for that and in all honesty I feel I overpaid him based on the amount of work he did for me.


I did all the boat search (we found her in MI), did the negotiations, arranged for the surveyors, flew back for two sea trials, arranged for the load to be transported to OR and all the ancillary stuff that went into the purchase process, by myself.


If I were going to do it again I'd not bother with a buyer's broker.
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Old 08-10-2015, 08:58 PM   #32
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GFC,

Did you use a local MI transport or a National chain moving corp.?
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Old 08-10-2015, 09:16 PM   #33
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A buyer's broker is a good idea. Get local references and pick one. It won't cost you anything as they split the commission.

Many boats are listed for sale... but not seriously. Put a high price on a POS and see if anyone bites. Brokers don't want to deal with those. If a FSBO or broker will not respond to your inquiry, that is enough to drop it off your list.

A buyer's broker will quickly sort through the garbage clogging up the used boat market.
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Old 08-10-2015, 09:41 PM   #34
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I am with Marin and others. We have used the same broker to act on our behalf for the purchase of all our boats. Saves an awful amount of leg work. He also did all the paperwork, handled all the money (paid the sellers lien off etc), attended the survey etc etc. Putting deposits down and the eventual full amount into YOUR brokers account rather than the sellers, I feel is another level of security. I strongly recommend using one.
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Old 08-12-2015, 09:29 AM   #35
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My thanks to all of you! Great advise, I'm glad to find out it was not just me. We will keep at it and hopefully perserver. As to the loop, it IS in my mind to find the right boat here, find a yard and do whatever repair is needed here. (weekends away from home rather than weeks away). I do know that moving will be expensive but that others have done it. Again, my half-baked plan would be to bring it to Lewiston / Clarkson (WA/ID) and have it shipped to the nearest Great Lake or river. There is a neat site on the internet called UShip that I have used to bring a jetski from Virginia that was a very pleasant and inexpensive experience.
Um, I actually think it is you. Or mostly you. Sure there are mediocre brokers and sellers, but if you've been sharing your "dream" with these folks then I think that's the problem.

You shipped a jetski on UShip and that makes you think that shipping a "36' to 42' trawler" would be similar. It's not. Maybe you've been watching too much "Shipping Wars", but this is going to cost you (guessing) $20K each way - and that will increase dramatically if you have to do something like remove a flying bridge.

Also, it's hard for someone in the PNW to imagine why anyone would want to take a boat from here:

to here:


In short, your "dream" of buying a boat in the PNW (where boats are expensive in part because it's one of the world's best cruising grounds) and shipping it at great expense to cruise what is essentially muddy ditch - that truly sounds like "bad idea (tm)". Right up there with buying two identical trawlers and bolting them together to make a power cat. Or covering the boat in shrinkwrap and adding ballast tanks to make it a submarine.

I'm not saying you should give up on your "dream", but am suggesting that you might have better results if you keep that to yourself.

CPseudonym was on the right track when he wrote:"TMI is just that, play your cards a little closer to the vest and see how things go."
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Old 08-12-2015, 09:43 AM   #36
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Having just shipped a 37 footer (42 loa) 1500 miles from Massachusetts to South Dakota, the only way that plan makes any sense at all is if the boat is in excellent shape overall and you get the deal of the century on the purchase price. And even then, be ready to spend hours on logistics and lots of side expenses. Ours was still ultimately worth it, but just by a whisker, and I do project logistics for a living.
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Old 08-12-2015, 09:54 AM   #37
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Having just shipped a 37 footer (42 loa) 1500 miles from Massachusetts to South Dakota, the only way that plan makes any sense at all is if the boat is in excellent shape overall and you get the deal of the century on the purchase price. And even then, be ready to spend hours on logistics and lots of side expenses. Ours was still ultimately worth it, but just by a whisker, and I do project logistics for a living.
Now... there's a mouth full to pay attention to!
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Old 08-12-2015, 10:00 AM   #38
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There are a lot of crummy brokers in the business. I will chime in on your budget. IMO the farther you go below $100K purchase price the harder it will be to work with a good broker. Half of a ten percent commission on a $40K boat is $2000. How many weekends would you want to spend driving around with someone who may not end up buying a boat for the possibility of $2000?
Don't forget...the house gets a part of that as well!!!
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Old 08-12-2015, 10:05 AM   #39
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Welcome to TF from another Tri Citian.


When we bought our boat I used a buyer's broker but only as a source of some information and answers. I paid him a flat fee for that and in all honesty I feel I overpaid him based on the amount of work he did for me.


I did all the boat search (we found her in MI), did the negotiations, arranged for the surveyors, flew back for two sea trials, arranged for the load to be transported to OR and all the ancillary stuff that went into the purchase process, by myself.


If I were going to do it again I'd not bother with a buyer's broker.
It is because you basically cut him out of the deal for a flat fee. That is not how a buyer's broker works. Let him get his proper cut and a good one will work for you and earn his keep!
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Old 08-12-2015, 10:15 AM   #40
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Dave, sometimes you can give to much information.

The call goes like this: Good afternoon. My name is Dave. I see you have an xyz boat listed on Yachtworld.
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Yes, this is all you need to do. Get a list of a dozen boats that are close to your targets and have at it! In a 4 day trip or so you can easily scout out Seattle and Portland area. Put together a rating sheet for comparison purposes and fill it out after looking at each vessel. BTW are you looking to buy cheap and fix up or buy good and cruise?
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