In 1979 we bought a 34' CHB trawler when our kids were teenagers. We have had
that boat since, and put all sorts of neat things in it. We love to anchor in
quiet spots and have a propane water heater for showers with no power, inverter
to run things until we get underway with out cruise generator to recharge. We
have stayed on the boat for a month at a time - it is home.

Disability beginning in 2005 with an injury and proceeding slowly but inexorably
made it impossible for me to get into the engine room and nearly impossible to
get to the forward cabin owing to the small width of the access. So we felt
that we would not be able to use the boat and put it with a broker. But various
treatment and medicines have reversed much of the disability and today I went
down in the engine compartment twice and, more importantly, got back out without
help.

I am capable of operating the boat again and it is making us distressed and
depressed to continue with our broker. Our broker is also our electrician and
our friend.

We have paid all of the expenses - moorage, work on beautification, etc. But I
feel we owe the broker something because he was looking for the profits that the
sale would make (How much do brokers get out of a sale, anyway?)

So what should I expect to pay the broker for his efforts and his dashed hopes?

Thanks for listening.
gm

On Sat, 23 Jul 2011 22:12:26 -0700, Gualtier Malde
wrote:

I am capable of operating the boat again and it is making us distressed and
depressed to continue with our broker. Our broker is also our electrician and
our friend.

We have paid all of the expenses - moorage, work on beautification, etc. But I
feel we owe the broker something because he was looking for the profits that the
sale would make (How much do brokers get out of a sale, anyway?)

So what should I expect to pay the broker for his efforts and his dashed hopes?

Brokers deal with broken sales all of the time. They don't like it
but it's part of the business. Have you been paying him for his
electrical work? If yes, then he has already received some
compensation for his efforts. If not, you should pay him for that
work at the going rate. If he is truly your friend then he will be
happy for you that you've recovered from your disability.

At the very least you might consider taking him out to dinner some
time or something else like that as a token of your appreciation.

On Sat, 23 Jul 2011 22:12:26 -0700, Gualtier Malde wrote:

In 1979 we bought a 34' CHB trawler when our kids were teenagers. We have had
that boat since, and put all sorts of neat things in it. We love to anchor in
quiet spots and have a propane water heater for showers with no power, inverter
to run things until we get underway with out cruise generator to recharge. We
have stayed on the boat for a month at a time - it is home.

Disability beginning in 2005 with an injury and proceeding slowly but inexorably
made it impossible for me to get into the engine room and nearly impossible to
get to the forward cabin owing to the small width of the access. So we felt
that we would not be able to use the boat and put it with a broker. But various
treatment and medicines have reversed much of the disability and today I went
down in the engine compartment twice and, more importantly, got back out without
help.

I am capable of operating the boat again and it is making us distressed and
depressed to continue with our broker. Our broker is also our electrician and
our friend.

We have paid all of the expenses - moorage, work on beautification, etc. But I
feel we owe the broker something because he was looking for the profits that the
sale would make (How much do brokers get out of a sale, anyway?)

So what should I expect to pay the broker for his efforts and his dashed hopes?

Thanks for listening.
gm

What does your contract say? There should be something in your contract which provides for your
changing your mind about the sale.

If you didn't have a contract, because your broker is your friend, then I'd try to reimburse him for
any expenses out of his pocket, and maybe take him out for a nice dinner somewhere.

In no case would I feel guilty for not providing him a commission for selling the boat.

On Sun, 24 Jul 2011 06:50:14 -0400, Wayne B wrote:

On Sat, 23 Jul 2011 22:12:26 -0700, Gualtier Malde
wrote:

I am capable of operating the boat again and it is making us distressed and
depressed to continue with our broker. Our broker is also our electrician and
our friend.

We have paid all of the expenses - moorage, work on beautification, etc. But I
feel we owe the broker something because he was looking for the profits that the
sale would make (How much do brokers get out of a sale, anyway?)

So what should I expect to pay the broker for his efforts and his dashed hopes?

Brokers deal with broken sales all of the time. They don't like it
but it's part of the business. Have you been paying him for his
electrical work? If yes, then he has already received some
compensation for his efforts. If not, you should pay him for that
work at the going rate. If he is truly your friend then he will be
happy for you that you've recovered from your disability.

At the very least you might consider taking him out to dinner some
time or something else like that as a token of your appreciation.

LOL!

I purposely did *not* read your comment before making mine.

GMTA!