r/boating • u/YachtWorld_Official • 5h ago
Broker vs private sale, is there a real price difference?
With a broker the seller eats the commission, so as a buyer you're not paying it directly, but it's obviously priced in somewhere and it means the seller has a floor they need to clear, probably limits how far they'll actually come down. In exchange you get a real purchase agreement, escrow, help with survey/sea trial logistics, someone tracking down paperwork so it doesn't stall out.
Private sale, no commission, in theory more room to negotiate, but you're on your own for deposit protection, title/lien check, transfer docs. Get that wrong and it's expensive. You do get more direct access to the actual owner though, for better or worse on the history side.
whats been your experience with broker vs private for comparable boats... did the commission change what you actually paid, or did it wash out once you counted your own time/risk on the private side? What' your over all recommendation?