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Old 07-17-2013, 01:39 PM   #18
993guy
Veteran Member
 
City: Near Nashville
Vessel Name: No name either
Vessel Model: No boat yet
Join Date: Jun 2013
Posts: 87
Quote:
Originally Posted by FF View Post
The "handshake" of an offer is YOUR check to the broker,A $200,000 boat you wish to offer $175,000 for after you pay for a survey and wish to negotiate on the results,would require a check for 17,500 .

This works as a HUGE lever as the broker has his commission in hand will work really hard to seal the deal.

IF your offer is refused , you get your check back.
Sorry, I too am looking to get into a trawler in the very near future and am here to learn, am I to understand that an offer requires a deposit up front? I can only go by (6) houses bought and sold but no offer required an actual check along with it. Is it different with boats? Yes, I did eventually put deposits down on all the houses (usually $5k) but that was after the offer had been made and accepted.
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Bill
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