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Old 02 March 2014, 09:47   #1
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brokers....doh....

Went to look at a boat at a brokers yesterday and was amazed by the approach.

Boat was filthy, they weren't keen for me to even take the cover off, they knew nothing about it, had virtually no paper work, didn't know about what offers may be accepted or how any of the kit fitted worked!!

It might just fit in my drive, but I'm wondering if this is the usual sort of thing people come across.

In my jobs you have to know about your job and what you're selling...I was a little surprised by the above....
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Old 02 March 2014, 09:49   #2
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is that not the thing with brokerage - they aren't selling the owner is they are just reporting what the owner said...
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Old 02 March 2014, 09:55   #3
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Maybe, but they're making a commission.

It's like me selling an insurance policy saying 'it might cover you if it gets stolen...here read the policy wording and you'll find out'......just be totally unprofessional...

Just a lack of pride in being professional really was what surprised me.
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Old 02 March 2014, 10:56   #4
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Surely they are supposed to be providing a service to the vendor and the buyer? If so then they surely they should be trying to meet the expectations of both parties and put in a bit of effort to get a sale, get a commission and end up happy all around?

I think brokers seem to be very hit and miss from what I've read about on here and other forums. Personally I've never used one as I've never wanted to share a slice of my pie and I've been willing to put the time in to sell.

Is it the boat your after or the service?

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Old 02 March 2014, 10:58   #5
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Just the boat...

I'd say I'm on the fence...but my fence is causing the problem in making a decision! It's too close to my house to fit the boat in (maybe)....
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Old 02 March 2014, 11:26   #6
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I think brokers are the same as any other business: there will be good ones, bad ones, ones that have been "too busy" to attend the detail you'd be expecting, and cases where the owner hasn't given proper instructions.

This could play to your advantage - if you're happy with the actual boat / history but it's filthy & broker seems less than adequate, leverage that into a lower offer than you'd otherwise make.
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Old 02 March 2014, 11:29   #7
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It's like me selling an insurance policy saying 'it might cover you if it gets stolen...here read the policy wording and you'll find out'......just be totally unprofessional...
Of course nobody ever mis-sold an insurance policy imagine how bad it would be if your market was unregulated...

I'm guessing the RIB is at the bottom end of the price bracket that that broker sells. In which case you are asking him to put the same effort in for much lower in his pocket - its almost inevitable in a business of this type that he'll focus on the bigger deals.

If he sells for 2k less than it could be worth. Its probably AT MOST 160 in the brokers pocket - is that worth the hassle to maximise the value?

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Just the boat...

I'd say I'm on the fence...but my fence is causing the problem in making a decision! It's too close to my house to fit the boat in (maybe)....
Perhaps, rightly or wrongly, the broker has assessed you as being unlikely to buy and therefore not worth wasting the time on. There is a lot to be said for qualifying out time wasters / tire kickers early. As with any such approach you will get some false positives and false negatives.

Of course if you are vendor you want them to work their ass off to sell your boat for the highest possible value - but its your own fault if you list through and crap outfit that is more interested in much larger value sales etc.
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Old 02 March 2014, 11:39   #8
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But he's qualified him out wrongly. He should have been able to answer questions and be keen for the cover to come off and then PeterM would have thought "oh im sure that'll fit my drive" and handed over the .
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Old 02 March 2014, 12:01   #9
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I ve tried to deal with quite a few brokers.. But they didnt give a toss.. knew nothing about the boat.. would never entertain one again.. get rid of them i say..useless idiots
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Old 02 March 2014, 12:10   #10
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... the broker has assessed you as being unlikely to buy and therefore not worth wasting the time on.
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