Private sale of boat with broker

lumphammer

lumphammer

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I've had my boat up for sale privately for about 6 months, and with no movement I decided to place with a broker as well. She is currently ashore on the brokers patch, for a few months.
Now I've had two enquiries via my own classified ads, do I refer them to the broker or just sell privately? What would be the proper thing to do?
 
If you have found the prospect, and can prove that they answered your adverts, then you have no need to give the broker all the commission, but you may have to settle a bit of storage.
this happened to me in 2004 when I was selling my Jouet 680. They had it on brokerage, but I got a response from Appolloduck, and sold it.
I came to an amicable agreement with the broker, but I was buying my next boat from them anyway.
 
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Looks the perfect boat for me, if you feel like removing £5k from the price or taking my project in part ex. /forums/images/graemlins/grin.gif

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Yes, just what the doctor ordered, just a bit over the budget.
 
I recently enquired about putting Rogue up with Premier, and I'm pretty sure that their agreement allowed for private sales, or sales through other brokers with no fee... so the first thing to do is read your brokerage agreement.

The right thing to do is to do as your agreement says. If that means passing them to the broker, you may find that their help with the sale makes the fee easier to swallow.

If the agreement says they are entitled to a fee on any sale, then it might be worth talking to them to see if they will compromise - that way you arent looking over your shoulder, and they will be on your side if you need them.

When I was an estate agent, I often heard on the grapevine that clients were selling "privately" - in many cases they obviously came unstuck as they were back to us before long.

Cheers

Richard
 
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If the agreement says they are entitled to a fee on any sale, then it might be worth talking to them to see if they will compromise - that way you arent looking over your shoulder, and they will be on your side if you need them.


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You set the broker price above your private price by the level of the fee that the broker wants. You may well be surprised to find that the broker still gets the deal, as happened to a pal of mine.

Only fair way.
 
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You set the broker price above your private price by the level of the fee that the broker wants. You may well be surprised to find that the broker still gets the deal, as happened to a pal of mine.

Only fair way.

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Most sellers arent really in a position to set a higher price for a broker sale - buyers offer what they offer, broker or no broker..... or are you suggesting that buyers will pay 5% more if they come through the broker?
 
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