I have recently found a new set of questions related to the subject of using or not a broker in the process of buying or selling the boat, and they were answered by a nice guy, who allegedly helped the respective publisher to the acquisition of a brand new boat. Unfortunately he works for a brokerage corporation and some of his answers were obviously biased by his employer's policies. I want to re-enforce that I do not like brokers in general. I can act like one, because I actually was one of … [Read more...]
Yachting and brokerage stories.
First of all, it is a big difference between just cruising and living aboard full time. Living aboard presumes that your house is your ship (sailing boat, super yacht, trawler or catamaran). Doesn't matter if you have other properties elsewhere, more the better, because maybe you need some place of your own (or even rented) inland, to store things from time to time. This post is about these tough people who decided to leave their office or factory jobs and become more than merely yacht owners, … [Read more...]
Joshua Slocum has been born in Nova Scotia, Canada, at February 20, 1844. He presumably died after November 14, 1909, when he disappeared while being aboard his boat, the Spray, but maybe not then. He was a Canadian naturalized American seaman and adventurer, and a noted writer famous because he was the first man to sail single-handed around the world. In 1900 he wrote a book about his journey, "Sailing Alone Around the World", which became an international best-seller. I am reading the book … [Read more...]
I have recently found some directives on trading yachts through a broker or a brokerage firm and I have been surprised to notice that all the “protection” a broker can offer is concentrated on the seller. The broker advertises certain boats in the media, the broker takes care for the boat to have all the documents in order, the broker organizes the eventually repairs or refurbishes the boat, the broker assists with this and that, etc.. The buyer, the client, will be the one to be persuaded to … [Read more...]
It is hard to trust brokers in Turkey. I only met a good guy once, in Istanbul, who managed together with his son a small yacht repairing yard, and the money came from that aspect of his business. He also had a small office rented in a Marina, the place where I actually met him. Because of the yard, he wasn’t busy to cheating others, like my partner was at the time. I’m also sure he is not the last honest yacht broker in Turkey. Before meeting me, my partner used to steal information and pics … [Read more...]