Like Tree0Likes

Closing the sale of my boat ???

Reply
Old 09-13-2006, 12:55 PM
  #21
Registered
 
stecz20's Avatar
 
Join Date: Sep 2003
Location: San Francisco CA
My Boats: I am Jersey's B!tch
Posts: 7,772
Default Re: Closing the sale of my boat ???

Quote:
Originally Posted by Sydwayz
FTM are stand up folks. As with any marine business, they have had their share of ups and downs, and PO'd customers; but I don't think they are trying to pull one over.

you said the same thing about goodt...
stecz20 is offline  
Reply With Quote
Old 09-13-2006, 12:59 PM
  #22
Forum Regulator
VIP Member
Trade Score: (1)
 
Sydwayz's Avatar
 
Join Date: May 2001
Location: Worldwide
My Boats: 17' Speedliner Cat & O.P.B.
Posts: 21,920
Default Re: Closing the sale of my boat ???

Quote:
Originally Posted by stecz20
you said the same thing about goodt...
True that. I dunno what the deal is. He always did well by me.
Sydwayz is offline  
Reply With Quote
Old 09-13-2006, 01:00 PM
  #23
Registered
 
stecz20's Avatar
 
Join Date: Sep 2003
Location: San Francisco CA
My Boats: I am Jersey's B!tch
Posts: 7,772
Default Re: Closing the sale of my boat ???

Quote:
Originally Posted by Sydwayz
True that. I dunno what the deal is. He always did well by me.

im only breaking your horns....
stecz20 is offline  
Reply With Quote
Old 09-13-2006, 02:29 PM
  #24
Registered
 
Playn's Avatar
 
Join Date: Jan 2001
Location: BRENTWOOD, TN
Posts: 4,367
Default Re: Closing the sale of my boat ???

Quote:
Originally Posted by Raypanic
I dont think so either but it's not how I have learned to do a transaction like this.

She wants me or my broker to fly there for a saturday closing. Even this would not work because the funds would not transfer until monday. And a Cashiers check would take a few days.

Why would you have to go anywhere? You really shouldn't have to be lifting a finger to get this deal done. Funds to be wired in full to Attorney, then Attorney overnight the title and distributes funds to seller and commissions to brokers.
Playn is offline  
Reply With Quote
Old 09-13-2006, 02:37 PM
  #25
OSO OG
Gold Member
 
DollaBill's Avatar
 
Join Date: Feb 2004
Location: Blue Martini Hall of Fame
My Boats: Making hot chicks hotter since 2010
Posts: 7,031
Default Re: Closing the sale of my boat ???

Quote:
Originally Posted by Playn
Why would you have to go anywhere? You really shouldn't have to be lifting a finger to get this deal done. Funds to be wired in full to Attorney, then Attorney overnight the title and distributes funds to seller and commissions to brokers.
You don't have do ANYTHING in person. All things can be executed via wire and Fed-Ex.
DollaBill is offline  
Reply With Quote
Old 09-13-2006, 02:46 PM
  #26
Registered
 
IDRPSTF's Avatar
 
Join Date: Sep 2001
Location: In your driveway while you sleep
My Boats: Whatever you missed your payment on
Posts: 1,759
Default Re: Closing the sale of my boat ???

WHAT????
I am a broker and have been doing this for a LOOOOOONG time.
Lets make this easy considering your broker has already lost control of the deal (Sorry, its true!).
1. Have your Broker go to the bank and open up an escrow account in the name of the Buyer-Seller and The Boat (Use Hull ID if need be) with instructions to release funds upon receiving receipt.
2. Have all of the money wired into this account for the buyer or buyers broker.
3. Make copy's of everything you are about to send.
4. Have YOUR broker make his own copy's and send them to the buyers broker with receipt.
5. Upon receiving receipt go to the bank and get your money.
6. Make your broker squirm for his now 5% considering you had to protect yourself.

Protect yourself.
I have NEVER had a client loose money, but I have offended allot of people making sure they didn't!
IDRPSTF is offline  
Reply With Quote
Old 09-13-2006, 03:47 PM
  #27
Registered
 
Von Bongo's Avatar
 
Join Date: Dec 2001
Location: Iowa - Missouri
My Boats: 1997 Cig Kevlar - powered by Boyd
Posts: 3,904
Default Re: Closing the sale of my boat ???

Or you can contact Marine Title and have them handle the whole transaction. I've used them for 3 sales from across the country and no problems at all.
Von Bongo is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
CAP071
General Boating Discussion
7
11-03-2005 08:50 AM
Formula Outlaw
General Boating Discussion
25
05-04-2004 11:58 PM
Jamie B.
General Boating Discussion
11
07-15-2002 11:23 PM
SHARKEY-IMAGES
General Boating Discussion
6
05-30-2002 03:07 PM
BODYSHOT1
General Boating Discussion
5
01-23-2002 01:59 AM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 12:47 PM.


Copyright 2011 OffShoreOnly. All rights reserved.