When selling a boat I understand that it is customary for the buyer to pay the surveyor's fee but what about the cost of any associated lift out? Buyer or seller?
It seems that the moral of the tale is only look at boats not in the water, or get boned for lifting charges that may well exceed the survey costs/ Looked at a boat last year that was up for £20K. Survey would have been c£300 and lift out £175 each way. It transpired that the owner had a recent survey but never managed to have it with him the two times I saw the boat.
[/ QUOTE ]I have never had to pay each way - Always lift - hold / survey - lower back in. Only pay "one way"
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"Artificial intelligence is no match for natural stupidity" sailroom <span style="color:red">The place to auction your previously loved boatie bits</span>
[/ QUOTE ]I have never had to pay each way - Always lift - hold / survey - lower back in. Only pay "one way"
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"Artificial intelligence is no match for natural stupidity" sailroom <span style="color:red">The place to auction your previously loved boatie bits</span>
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Cliff is right, always ask for lift and hold in slings. Yards will often do it just before lunch and hold the boat in the slings over the lunch break. Much cheaper.
OK, moving on a bit - suppose the scenario is that a boat is on the hard with a broker. The buyer has a satisfactory survey and wants a sea trial. Who pays for the launch, lift out and blocking off after the trial? What if the seller is not available (e.g. he may be overseas or in ill health) to conduct the sea trial. Does the broker take the boat out with the buyer? What about insurance if the boat is only insured as 'laid up'?
As an aside. For the six boats I have owned I have never felt the need for a 'sea trial'. If I did not know enough about the sailing characteristics of the (generic) vessel I would probably not be looking at it in the first place.
I paid for lift-in. Broker accompanied sea trial which I used to check stuff that's difficult to do ashore like putting up all the sail wardrobe, flushing the heads, running the engine, making sure that sinks drain and don't flood back (one did), checking the sailing instruments, oh and other stuff.
Because purchase was subject to satisfactory sea trial and it was, boat didn't come out afterwards. I paid me money and took it away.
I'm just in the process of buying and have been through both scenarios - boat on the hard/boat in the water. Boat in the water was at a marina where lift out charges were pretty steep, so the owner and I sailer her round to another boatyard, where I have a berth. It took four hours and was a great sea trial, followed by a cheap lift and hold for the survey at only £13 per metre. Of course, you need to have an obliging seller.
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OK, moving on a bit - suppose the scenario is that a boat is on the hard with a broker. The buyer has a satisfactory survey and wants a sea trial. Who pays for the launch, lift out and blocking off after the trial? What if the seller is not available (e.g. he may be overseas or in ill health) to conduct the sea trial. Does the broker take the boat out with the buyer? What about insurance if the boat is only insured as 'laid up'?
As an aside. For the six boats I have owned I have never felt the need for a 'sea trial'. If I did not know enough about the sailing characteristics of the (generic) vessel I would probably not be looking at it in the first place.
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Anything that a prospective buyer does through his own choice that incurs a cost against the vessel is quite rightly down to him. (It's not unusual for two or three people to want to survey or trial a boat, so if the owner was charged each time they lifted or moved his boat he'd be into £000's quite soon.)
If seatrialing you MUST check you will have insurance cover, either through the Broker, the owners policy or your own. Again it may be that the boat has no cover if it has been ashore for some time, so you may have to arrange something yourself.
This year only about 28% of my sales have involved a seatrial (most of those on brand new boats that have not yet had reviews published in the yachting press).
Most people by the time they get to survey/offer stage do know that the boat they have identified has the sailing characteristics they require.
I have purchased four boats for myself and only seatrialed one (at my own expense).
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When selling a boat I understand that it is customary for the buyer to pay the surveyor's fee but what about the cost of any associated lift out? Buyer or seller?
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Found it very worthwhile last time I sold a boat to pay for a survey beforehand. Gave me chance to chose a sensible surveyor and to be present and sort any queries, The result was a glowing up to date survey and a buyer who never bothered with his own and therefore wasnt in a position to try and drive the price down.
In the past I've come across surveyors who were dishonest enough to make it clear they would "find" enough problems to cover their fee and get a good discount.
Always sell the boat when its out of the water - that avoids giving joy rides to tyre kickers. Mind you, thats with class boats where there is no question what the sailing characteristics are. With a one off, it would be different.
Here's one to watch out for. I found a boat in a small yard with its own brokerage. The idea was to get the survey done and then if everything was OK, the boat would be dropped in. If everything was OK with that the boat would be left in & I'd buy it. If not, it would be pulled back out & I'd stump up to the yard for the craneage.
I paid a deposit & the survey went ahead. It showed some major faults. i.e. a seriously dodgy engine installation & some major hull damage, so I pulled out. I then had a call with the broker who was also part of the yard to tell him. "OK" he says, "we moved some boats around to get ready to drop your one in. I'll try to keep the costs down".
"Hold on." says I, "I didn't ask you to do this until after the survey".
So after a conversation, I got my full deposit back with a letter banning me from the boat yard which was obviously doing far too well. I'd name & shame but can't remember who they were.
The owner has the boat where he wishes . If you want to have the boat launched etc the cost of that are down to you.
However the rectification of defects detected by the sea trial is down to the owner. When I bought my first yacht I insisted on a sea trial before I gave acceptance.
That cost the owner a new set of batteries, a new mainsheet block and becket. Saved me £150.
if the yacht had failed the test and I'd refused it the cost of the launch and lift out would have been down to me.