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Old 04-22-2008, 09:57 AM   #10
Loren Schweizer
YF Associate Writer
 
Join Date: Apr 2004
Location: Coral Gables/Ft. Laud., FL
Posts: 1,000
Quote:
Originally Posted by scott49
The broker is the listing broker that I had contacted. So he is the listing and selling broker. I would like to believe he would be fully honest, which he could be. But if I don't ask the right question is he going to volunteer something to hurt the sale?

Your broker has an equal fiduciary duty to both buyer and seller.
That said, it is just good business to disclose all, including the warts, if the broker has such knowledge. The surveyors and the haul-out will find all the issues anyway, possibly even evidence of past repairs due to a grounding or a lightning hit.
Perhaps the "right question" is "Tell me everything you know about this boat & builder, both good and bad." If he's smart, he's thinking about getting the listing from you when you're ready to sell.
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