Buying a boat through a broker? Deposits?
Broker boat deposit . Please help - The Hull Truth
not unusual, just like buying a home, put deposit down to show genuine interest. Usually deposit is also required prior to riding in boat. Get ...
Buying a used boat through a broker for the first time. Does ... - Reddit
They had me send a 10% deposit which the broker is holding in escrow for now. Once they had that money in hand (which I can have returned at any ...
How to buy a boat using a broker? - Cruisers & Sailing Forums
-Be sure to specify a deadline for the seller to accept/reject your counter offer. -Most often you dont need to pay a high deposit, although ...
At the time the offer is accepted, the Buyer's broker should deposit the funds to hold in his interim or escrow account— nothing is given to the Seller at ...
buying a boat via a broker - YBW Forum
If the broker is in financial difficulty only the income from the brokerage fee goes to his business account and to pay his liabilities. The ...
Why Use a Broker to Help You Buy a Boat - YachtWorld
Traditionally, the seller pays the commissions that a yacht broker earns – not the buyer, yet brokers have a duty to both buyer and seller in every transaction.
The Buyer's Deposit: Your Options Explained - Yachts International
This deposit should be placed in a third party's escrow account. It is commonplace for the buyer's yacht broker or an attorney to hold the ...
How to BUY A BOAT - with Yacht Broker, Charlotte Kinkade - YouTube
Curious about the boat buying process? Or already shopping and have questions? The brokerage (use) boat buying process is often compared to ...
Can someone give me a quick rundown of how the boat buying ...
Not when buying through a boat/yacht broker. The process is almost identical to buying a house. Make offer. After offer is accepted, buyer ...
What A Yacht Broker Can Do For You - BoatUS
Brokers typically have access to what similar boats have sold for in the local area and they'll prepare a listing based on the kind of boat and type of buyers ...
How To Buy A Used Boat: A Step-By-Step Process For Acquiring ...
Use a broker. It can't be overstated enough. Brokers will save you money during the point of purchase and in the long run by ensuring you get a ...
Using a Broker to Sell or Purchase a Boat - Florida Sport Fishing
We make sure that only qualified buyers get access to your boat. This saves your time and ensures that your boat ends up in the hands of serious ...
The Moorings Yacht Brokerage Used Boat Buying Guide
Deposit: The 10% deposit is due at presentation of the offer. We keep this deposit in our escrow account, and your money is 100% safe with us. Your deposit can ...
Putting in an offer with a yacht broker on a used boat for the first time ...
1) Traditionally 'Good Faith Money' (deposit) is typically 10% of the purchase price. My guess is that $1000 is way less than that. If ...
Yacht Sales: From Contract to Closing | Knot 10 | Yacht Broker
The buyer is responsible to make certain he's able to buy and insure the vessel. His deposit can't be returned after accepting the yacht if his finance company ...
The process of buying a boat on Boatshed
Once your offer is accepted, a 10% deposit secures the boat for further inspection by a qualified surveyor. This deposit is kept in a secure client account and ...
Earnest money deposit - Trawler Forum
We have bought, and sold, boats in TX, MD, NC and almost in FL. In all those cases the earnest money deposit was made after buyer and seller ...
The buyer's broker typically also signs the offer, indicating he has received a deposit from the buyer to be applied toward the purchase of the ...
Do most folks use a Boat Broker when purchasing... - SailNet
In fact, if you are selling privately, it's advisable you go to a broker to help go through the closing steps and pay them a fee. That is common ...
Buying a boat - deposit before survey? - Canal World
As the title suggests, we're on the verge of buying our first boat and are being pushed VERY hard by the broker to pay a 10% deposit and ...