Marina conditions
Discussion
Pondering a boat, pondering a marina to keep it in. Happy to pay for a year in advance and even happy to give three month's notice - but compulsory brokerage?
From speaking to several sellers of boats, most brokers do little to earn their fee.
marina website said:
XXX mooring fees are per year payment in advance with no refunds. three months notice prior to your mooring agreement terminating in writing is required should you not wish to renew.
No vessel moored at XXX shall be advertised or offered for sale privately without prior termination of the mooring contract and removal of the said vessel from the premises.
Brokerage
XXX offers a brokerage facility at the following fees.
8% on the first £2,000
5% on the £2,000 -£10,000
4% on the remainder
Can they actually stop me selling my own boat? Shouldn't the brokerage service be optional or this this standard practice? How am I supposed to 'remove the said vessel from the said premises' without getting tied up in an other marina contract?No vessel moored at XXX shall be advertised or offered for sale privately without prior termination of the mooring contract and removal of the said vessel from the premises.
Brokerage
XXX offers a brokerage facility at the following fees.
8% on the first £2,000
5% on the £2,000 -£10,000
4% on the remainder
From speaking to several sellers of boats, most brokers do little to earn their fee.
maser_spyder said:
But hardly an incentive to move in, knowing you won't be able to move out unless they sell your boat for you.
Yep, sounds like a 'restrictive practice' to me but I wanted to know what the industry norm was.I'd be perfectly happy to sell it on eBay. Don't need to pay a broker £500. A few will take you out for a spin, most will show you the boat, but some just give you the owner's phone number! In these internet days I think a little more effort is required. And of course a broker offers no warranty or any extra value.
Edited by Simpo Two on Tuesday 27th July 22:48
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