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Conference vicki::boats

Title:Powerboats
Notice:Introductions 2 /Classifieds 3 / '97 Ski Season 1267
Moderator:KWLITY::SUTER
Created:Thu May 12 1988
Last Modified:Wed Jun 04 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1275
Total number of notes:18109

780.0. "BROKERING ??" by MAMTS3::WFIGANIAK (YEAH..GET THE RED ONE) Thu Jan 10 1991 15:34

    I'm thinking of selling my boat. It's a 1986 Searay 268. What/how does
    brokering it at the marina work as opposed to trying to sell it out
    right. What are the pros and cons.
    Thanks in advance.
    Walt
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780.1Brokers can help sellGOLF::FSMITHThu Jan 10 1991 16:0114
    It's sort of like selling a house. The broker will advertise it through
    whatever means they use to make other brokers aware. They may also use
    some direct advertising for your boat (and others they have). They will
    show the boat to prospects and if they sell it, they will deduct their
    commission from the selling price. They usually ask for 10%, however
    you can negotiate with them BEFORE you sign a brokerage agreement. Most
    agreements are for 90 or 120 days and are exclusive with the broker,
    which means that they get the commission even if you sell the boat
    yourself. This is not a bad time to work with a broker since people
    will start to look for boats in the late winter and early spring. The
    only question is how many people will be looking for boats.
    
    Good luck.
    
780.2FinancingToo!!STEREO::RONEYThu Jan 17 1991 19:284
    One other thing to concider that a broker can offer is financing to the
    new owner. This is a real advantage over selling it privately.
    
    Bob