Now the legwork starts and it is of vital importance that you get out into the market place and see what’s available in your price range. Visit the on-line canal boat brokerage
s, water based canal boat brokerage
s and boat shows. Don’t forget the owners who are selling their used canal boat
s privately without the assistance of a canal boat brokerage
. Brokerages will take a fee for their services, which can be around 6% of the final sales price, so some owners choose to save on this cost and pass a bit on to the buyer. Don’t be off-put by private sales. Our sister website The Sales Pontoon
is a great starting points to see advertised boats before you start the buying process properly. Some people like the perceived security of having a broker guide the process but remember the broker is there to make money from the sale and to act on behalf of the seller. He will mediate and help to overcome any negotiable issues in the interests of the deal but he doesn’t work for you! He or she cannot verify the condition of the hull, the boats fixtures and fittings or have any legal say in what is or is not included in the sale. It matters not whether you decide to have a canal boat survey
or canal boat valuation
report so long as the transaction completes and the broker receives the fee. This may sound a little harsh, but the reality is that you really have to protect your interests so as with anything it’s best to be cautious and informed.