Chuck would you forward contact information for Mike Collier of Marine Safety to me at; rsh...@optonline.net. Thanks, Ray Shibe
Sent from my iPad > On Nov 23, 2016, at 12:59, Chuck Gilchrest via CnC-List > <cnc-list@cnc-list.com> wrote: > > Buying a boat from a broker without a buyer’s agent is the same as buying a > house with no realtor representing you. And doing so from long distance, > stacks the deck even further against you. The seller’s agent is looking out > for the seller and themselves. Period. Since that agent gets commission > based upon the selling price of the boat, why would they negotiate for a > cheaper price on your behalf? And generally, if you have your own broker, > the commission paid to the buyers broker is often a portion of the fees > collected by the agent listing the boat. > > To the topic of knowledgeable brokers and surveyors, I think that most > brokers tend to follow the money trail and focus their energy and expertise > on what will yield the greatest return for them and their company. Many > yacht brokers are passing up listings of 30-40 year old sailboats because > demand is low, the potential buyers are cheapskates (yes, that includes us!) > and the time and money it takes to list an old “fixer upper” may result in > the broker being upside down in recovering their costs. If they take on an > older boat, they’d prefer to list the 40 year old Hinckley or Morris Yacht > that still sells for over $100K, which means their commission actually > amounts to some return for the effort. This is why you see more and more > cheap boats being represented by “discount” online brokers like POP Yachts, > where the virtual brokerage is located in Florida and their “regional” sales > agent collects photos from the owner and shows the boat to clients. This > person may have 50-100 boats listed and may never have first-hand knowledge > of any of them. From experience, the regional guy is not usually a sailor > and he may have inherited the listing from a prior broker who may no longer > be with the company. > > When I purchased Half Magic last winter, I was fortunate that my surveyor, > Mike Collier from Marine Safety in Fairhaven, MA, is also a C&C Landfall 38 > owner and was very excited to run a fine tooth comb over my purchase. I > scheduled the survey to be performed when I could be there too. Even so, we > surveyed in January with the boat out of the water and we missed a few > things. First off, the boat had no operational batteries, so we had to hook > up the electrics to a temporary battery to see if everything worked. Items > like the refrigeration compressor “turned on” but I was later to find out > that the refrigerant charge wasn’t sufficient to cool down the icebox during > the summer. How do you determine that in January when EVERYTHING was cold > and freezing? > It was difficult, but we managed to run the engine on auxiliary fuel and > water. Despite draining the fuel cell after purchase, I discovered > substantial residue in the fuel tank from the boat sitting for such a long > time on the hard, resulting in a few clogged filters at some very inopportune > times during the course of the summer. There are certainly times I wish for > the simplicity of my previous 25Mk 1 with very little interior plumbing, a > simple outboard motor, and no electronics to go haywire. > > I’ve also heard of some folks getting two surveys on a boat purchase, one > very thorough survey to be as informed as possible and the other as a more > “general” survey that can be submitted to an insurance company to allow an > older boat to be insured if there may some problems that the owner wants to > fix on his own but perhaps not right away. > Be wary of boats that have been listed for many months and are now listed at > significantly reduced price. Those are the boats that were initially priced > well if they were in good shape, but problems came up and the broker or owner > didn’t want to go the expense of fixing the problem. To think that you can > fix those problems cheaper than the original owner or a yard that is able to > buy parts and labor at wholesale, may be a bit of a pipedream. > > Chuck Gilchrest > S/V Half Magic > 1983 35 Landfall > > > This list is supported by the generous donations of our members. If you wish > to make a contribution to offset our costs, please go to: > https://www.paypal.me/stumurray > > All Contributions are greatly appreciated! > _______________________________________________ > > This list is supported by the generous donations of our members. If you wish > to make a contribution to offset our costs, please go to: > https://www.paypal.me/stumurray > > All Contributions are greatly appreciated!
_______________________________________________ This list is supported by the generous donations of our members. If you wish to make a contribution to offset our costs, please go to: https://www.paypal.me/stumurray All Contributions are greatly appreciated!
