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playdirt Member
| Joined: | Tue Mar 9th, 2010 |
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Posted: Wed Mar 10th, 2010 12:18 am |
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Hi
First post here.
Have been scheming for years to sell out and go cruising. Retire in 16 months. Been all over the map on sailboat infatuations but seem to be honing in on 420, 44. 440, or 45. I recently stepped on board a 460 out of curiosity as it wasn't even on my radar and fell head over heels. I would prefer a sugar scoop transom so 440 would be top of my dream list.
Question I pose is- When I get closer to trigger time (after home sale) would it be best to involve a broker, should I try to arrange something privately, or perhaps do both.? What experiences or advice do members have in this process?
Appreciated Brian
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djmarchand Member
| Joined: | Tue May 27th, 2008 |
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Posted: Wed Mar 10th, 2010 01:19 am |
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Brian:
Probably 95% of the sailboats for sale at that price level are listed with a broker. You might find the odd boat for sale on this site or others that isn't listed but it will be rare.
Since you sound like a newbee to boat buying, find a broker that you trust and go looking!!! You can do it yourself by searching Yachtworld (the MLS of boating) and calling each listing broker. But would you buy a $300,000+ house that way?
I have done it both ways and the buying experience through my broker was better.
If you are near an IP dealer, my advice would be to talk to them first. I have never had a bad experience with an IP dealer. I have with others, but the same can be said for real estate agents.
David
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Architeuthis Member

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Posted: Thu Mar 11th, 2010 12:59 am |
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Easy answer: Go with broker.
Complex answer: It depends. There are many pitfalls but if you are a details kinda guy they can all be addressed.
____________________ 56 45.523n 111 28.603w
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brian Member
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Posted: Thu Mar 11th, 2010 03:04 am |
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Thanks for replies.
I have gone both ways on previous boats and must admit the broker method takes a lot of emotion out of the buyer seller negotiations. Just thought I'd throw it out there.
Assuming then a broker will be involved, would it be best to establish a relationship with a broker to represent me and assist locating a boat? Any recommendations for IP knowledgeable broker contacts?
Thanks Brian
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djmarchand Member
| Joined: | Tue May 27th, 2008 |
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Posted: Thu Mar 11th, 2010 12:48 pm |
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Brian:
Just like buying real estate, establish a relationship with a boat broker and work with him exclusively. If you don't like him, get another. It is your money!
Where are you located? I know good IP brokers in Bradenton, Florida and Rock Hall, Maryland.
David
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brian Member
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Posted: Fri Mar 12th, 2010 02:31 am |
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David:
I am located in BC Canada but expect/wish to purchase anywhere on Eastern Seaboard or Great Lakes. Finding the right boat is more important to me than the location.
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djmarchand Member
| Joined: | Tue May 27th, 2008 |
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Posted: Fri Mar 12th, 2010 02:00 pm |
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Brian:
Well if you plan to buy on the east coast then you can't beat Grattitude Yachting Center in Rock Hall, Md, the largest IP dealer. Talk to the husband/wife team of Jack and Sharon Malatich.
See http://www.gratitudeyachting.com/brokers-page.php?ID=12
David
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playdirt Member
| Joined: | Tue Mar 9th, 2010 |
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Posted: Fri Mar 12th, 2010 07:21 pm |
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Thanks
Brian
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