Thaumaturge
New member
Who pays the fiddler?
Good grief!
That developed into quite an agitated discussion at times. Whilst understanding the motivation to self preservation of those with vested interests, and those who, for one reason or another, can afford or feel better protected by the employment of specialist skills I feel that amplifying the mystery surrounding an essentially logical and intuitive process is, at best, disingenuous. The best informed decisions are those based upon consideration of more than one potential solution surely?
To return to the opening question in this thread the potential seller, DecaDance, was looking for some help in mitigating his costs when selling his current boat, he remains in the locality so the issue of not being available to potential buyers does not apply.
The most baffling aspect of this service, which has never been satisfactorily explained to me is the revelation that the majority of real risks to be considered in the transaction are borne by the buyer;
Ownership (True, Liens & Legal Transfer)
Technical Understanding
Survey and ongoing implications
Deposit held safe in Escrow
VAT Implications
RCD Compliance
Money Laundering (Not the seller's problem at all)
Insurance to protect the broker?
So, why is the seller paying for all this protection? We have heard from people who have been sadly let down by professionals, we all have our story to tell, but I'm afraid, as in all transactions; "caveat emptor" applies.
It is not my intention to undermine any professionals, my submission is that we all have choices, I personally would still be motivated to get off my a**e to save £20k if I found myself in a similar position.
Vince
Good grief!
That developed into quite an agitated discussion at times. Whilst understanding the motivation to self preservation of those with vested interests, and those who, for one reason or another, can afford or feel better protected by the employment of specialist skills I feel that amplifying the mystery surrounding an essentially logical and intuitive process is, at best, disingenuous. The best informed decisions are those based upon consideration of more than one potential solution surely?
To return to the opening question in this thread the potential seller, DecaDance, was looking for some help in mitigating his costs when selling his current boat, he remains in the locality so the issue of not being available to potential buyers does not apply.
The most baffling aspect of this service, which has never been satisfactorily explained to me is the revelation that the majority of real risks to be considered in the transaction are borne by the buyer;
Ownership (True, Liens & Legal Transfer)
Technical Understanding
Survey and ongoing implications
Deposit held safe in Escrow
VAT Implications
RCD Compliance
Money Laundering (Not the seller's problem at all)
Insurance to protect the broker?
So, why is the seller paying for all this protection? We have heard from people who have been sadly let down by professionals, we all have our story to tell, but I'm afraid, as in all transactions; "caveat emptor" applies.
It is not my intention to undermine any professionals, my submission is that we all have choices, I personally would still be motivated to get off my a**e to save £20k if I found myself in a similar position.
Vince