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Navy1
Navigator

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USA
126 Posts

Initially Posted - 09/28/2011 :  07:56:08  Show Profile
Hi, Can anybody recommend a reliable broker, for sailboats in the midwest, that I could safely list my Catalina with? Preferably a broker that would cover the MN, WI, IA, IL areas. Since I have never dealt with a broker before, I don't know what to look for or what to watch out for. Can you list with more than one broker at the same time? Thanks - Roger

Roger Richter

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Ape-X
Admiral

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USA
662 Posts

Response Posted - 09/28/2011 :  08:10:18  Show Profile
I sold my powerboat through craigslist in the end, as list price was too high with the 7-10% brokerage fees added in to the asking price.

From looking at ads: pictures help sell, so take some good high resolution pictures that can be shared online. In addition look at a brokers other ads in a comparable price range. Did they offer a good sales-pitch, plenty of pictures on their ad? The broker provides access then to sites like yachtworld etc....
Sorry I don't have a recommendation, but looking for someone servicing your local area is a good start.

...and the brokerage contract usually specifies they are exclusive listing agent, including private sale.

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Prospector
Master Marine Consultant

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Canada
3159 Posts

Response Posted - 09/28/2011 :  08:32:57  Show Profile  Visit Prospector's Homepage
I was very impressed with the folks at Torresens when I was shopping, but they are in Muskegon MI, not sure what their catchment area is, but I drove down there from Toronto.

http://www.sailboatbrokers.com/yw.php

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Ape-X
Admiral

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USA
662 Posts

Response Posted - 09/28/2011 :  10:06:33  Show Profile
torrensens is right in my backyard.......

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JeanAndre
Navigator

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USA
224 Posts

Response Posted - 09/28/2011 :  10:22:28  Show Profile  Visit JeanAndre's Homepage
These guys are in Chicago and I think they can help you.... Although I did not buy my boat from them, they were very nice to me and always treated me with care and respect

http://www.sailboatsalesco.com/

What boat are you selling?

Cheers

Cheers

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GaryB
Master Marine Consultant

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USA
4312 Posts

Response Posted - 09/28/2011 :  18:39:40  Show Profile
Blow off the broker. List it on Sailing Texas for a donation. People from all over the country follow that site.

www.sailingtexas.com

Edited by - GaryB on 09/28/2011 18:39:56
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Stinkpotter
Master Marine Consultant

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Djibouti
9087 Posts

Response Posted - 09/28/2011 :  18:53:31  Show Profile
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by GaryB</i>
<br />Blow off the broker. List it on Sailing Texas...<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">Works for some people--not for others. A broker will handle the tire-kickers, real customers, sea trials, negotiations, purchase agreements (with contingencies), and collections. He'll put your boat on Yachtworld.com, which is arguably the most followed site by many buyers (with listings from brokers only), which makes it known to other brokers nationwide, each of whom would love sell your boat to one of their clients. (They do referral fees just like real estate brokers.) Thus, you don't really need to list with more than one, and I think their agreement with you precludes that.

The final deal through a broker might very well be enough higher to cover the 10% fee. 25' boats are sort of at the bottom of their scale, but I bought Passage that way, where the seller lived a couple of hours away from the boat.

Edited by - Stinkpotter on 09/28/2011 18:59:11
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klassi1
1st Mate

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88 Posts

Response Posted - 09/29/2011 :  08:25:09  Show Profile
Bought my boat through the Sailing Texas site. I've visited it frequently over the years. It's basically classified ads for sailboats only. They do a nice job with the website but you have to handle the rest.

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OJ
Master Marine Consultant

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USA
4382 Posts

Response Posted - 09/29/2011 :  12:11:00  Show Profile
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by Stinkpotter</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by GaryB</i>
<br />Blow off the broker. List it on Sailing Texas...<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">Works for some people--not for others.<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Agreed, others here have mentioned prospective buyers that say they are going to buy an item listed on the Swap Meet - and then the payment never arrives . . .

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