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From: Jim Alexander (no email)
Date: Tue Dec 02 2003 - 10:21:24 EST
At first glance it would appear that despite the decline in the "economy"
over the last couple of years, Yacht sales in Florida are very
strong. Since I have begun my search for a replacement vessel after having
just sold my 43 Vista I have found some interesting things. First off I
noticed that there didn't seem to be as many Trawlers on the market as
there were when I was looking for a boat about two years ago. I happened
to pull out a list I had printed out in 2001 using Yachtworld.com as the
source. Sure enough, there were about twice as many Trawlers listed for
sale back then. One noted exception is probably in Grand Banks, there
seems to be more of them on the market than before. Maybe this is in
direct correlation to the number of people who have learned that all that
pretty teak on the exterior only stays pretty with tons of work. There has
definitely a movement away from external teak on boats over the last few years.
I had planned to make a trip down the Ft. Lauderdale/Miami area tomorrow to
look at several different boats in my desire to broaden my knowledge on
various boats which included several used Hatteras models as well as some
Defevers and Cheoy Lees. I has handed my broker print outs on about 8
boats yesterday that I wanted to look at. Last night searching on
Yachtworld I found a couple more that caught my interest so I phoned the
broker this morning and said "I know we have a lot to look at tomorrow, but
I have a couple more I would like to squeeze in". His response was, "No we
don't, about half the list you gave to me yesterday are sold and several
brokers have not even called me back on the others. As it stands right now
we have Zero, Zip, Nil boats to look at tomorrow"! As it turns out,
several of the "sold" boats have been sold for months. Frankly my broker
told me that often these boats are left advertised in order to generate
telephone calls from potential customers. Boy does this STINK! Being a
licensed Real Estate Professional here in the State of Florida I find this
activity intolerable but apparently while Yacht Brokers have to be licensed
in the state, they really have no rules to follow in this regard. Willful
advertising of Real Estate for sale that has been sold and is no longer
available on the market is a definite violation of Florida Real Estate Code
and is reason for disciplinary action. Apparently no such rules apply in
Yacht Sales.
As "Riley" would have said (for those of you old enough to remember him)
"What a revolting development"!
Jim Alexander, Realtor
Boatless again
Port Charlotte, FL
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