Boats on Used Victoria and Other Areas

BigReel said:
Sometimes I see people in their ads say "courtesy to brokers". What does that mean? Are they giving them their share/half of what would be the 10% broker fee?
Click to expand...


I think this means that if you are trying to sell your boat, a broker sees it and they bring you a buyer the broke gets paid by someone in some fashion. I think the transaction would need an expert to explain how it might be structured

Let me muddle the waters

You are asking 110K for your boat. The broker brings you a buyer at 100K and you accept the offer

Now if the broker had a contract with you, had done the work of advertising the boat, advising you on prepping it for sale, brought you other prospective buyers the commission would be 10% or $10,000 you would net $90,000. That $10,000 might have been shared with another broker who brought them a client and the the two brokers would split the $10,000 perhaps 40% to the broker who brought the client and 60% for the listing broker . The listing broker would have incurred more costs, listing the boat, writing and placing ads, perhaps multiple showings, etc.

So now we get into the interesting part. How does the broker who brought you the buyer get paid, who pays them and how much do they get paid? And most importantly what about the taxes on the sale and the taxes owed on the brokers commission

If the system between brokers works as I have described you did all the work and therefore the broker who brought you the client would at most be entitled to 4% or $4,000, A broker might believe that they were entitled to the full 10% -who knows.

Now we get into the tax thing. I imagine some folks might pay the broker the $4,000 commission but how do you account for that tax wise. Do you give the broker a tax slip, does he invoice you for professional services (plus gst).

Then you have the issue of PST and GST on the boat sale


The more I write on this the more my head hurts - I know just enough to ask myself annoying questions .

Hopefully someone who understands this type of transaction better than me i.e. anyone in the province for example, might be able to explain this and outline the correct way to manage this kind of a transaction.

Apologies to all.
 
BigReel said:
Sometimes I see people in their ads say "courtesy to brokers". What does that mean? Are they giving them their share/half of what would be the 10% broker fee?
Click to expand...

Yep. When a private seller would provide a commission to a broker when they are under no obligation to do so.
 
kaelc said:

Log into Facebook

Log into Facebook to start sharing and connecting with your friends, family, and people you know.
www.facebook.com www.facebook.com

Looks like a newer 250hp 50k cad

2007 trophy pro 2052 just under 500 hrs on main engine mercury 250hp also has 15hp kicker. Mercury Smart gauges Simrad 12” and lowrance 9”
Click to expand...
Thoughts on this boat?
 
Tips Up said:
Thoughts on this boat?
Click to expand...

Nice power. Some sort of custom pod. Need more detailed pics. The pic of the front of the hull while sitting on the trailer has the bottom paint with an unusual shine. Looks like the hull is painted black, but not antifouling? Older trailer by looks of things too
 
https://www.campbellriverrv.com/inv...-streak-carmanah-18-runabout-hard-top/722697/

I don’t have any sense anymore what’s a good deal or bad - all I know is that all boats still seem too expensive these days.

What’s the members’ opinion on a small Silver Streak like this. Is $109 a reasonable ask price? It’s a dealer, so you could probably pick it up for a few grand less… what would be a “fair” price?

It’s a lot of money for a small tin boat but at the same time I figure it will hold its value pretty darn well if maintained.

Edit: called and has about 100 hours on the main
 
Last edited:
Sailfish25 said:
https://www.campbellriverrv.com/inv...-streak-carmanah-18-runabout-hard-top/722697/

I don’t have any sense anymore what’s a good deal or bad - all I know is that all boats still seem too expensive these days.

What’s the members’ opinion on a small Silver Streak like this. Is $109 a reasonable ask price? It’s a dealer, so you could probably pick it up for a few grand less… what would be a “fair” price?

It’s a lot of money for a small tin boat but at the same time I figure it will hold its value pretty darn well if maintained.
Click to expand...

I didn’t see hours listed in the ad, unless I missed it.

Also a brand new soft top model of that boat is $90k ish.
 
Bill 310 said:
I think this means that if you are trying to sell your boat, a broker sees it and they bring you a buyer the broke gets paid by someone in some fashion. I think the transaction would need an expert to explain how it might be structured

Let me muddle the waters

You are asking 110K for your boat. The broker brings you a buyer at 100K and you accept the offer

Now if the broker had a contract with you, had done the work of advertising the boat, advising you on prepping it for sale, brought you other prospective buyers the commission would be 10% or $10,000 you would net $90,000. That $10,000 might have been shared with another broker who brought them a client and the the two brokers would split the $10,000 perhaps 40% to the broker who brought the client and 60% for the listing broker . The listing broker would have incurred more costs, listing the boat, writing and placing ads, perhaps multiple showings, etc.

So now we get into the interesting part. How does the broker who brought you the buyer get paid, who pays them and how much do they get paid? And most importantly what about the taxes on the sale and the taxes owed on the brokers commission

If the system between brokers works as I have described you did all the work and therefore the broker who brought you the client would at most be entitled to 4% or $4,000, A broker might believe that they were entitled to the full 10% -who knows.

Now we get into the tax thing. I imagine some folks might pay the broker the $4,000 commission but how do you account for that tax wise. Do you give the broker a tax slip, does he invoice you for professional services (plus gst).

Then you have the issue of PST and GST on the boat sale


The more I write on this the more my head hurts - I know just enough to ask myself annoying questions .

Hopefully someone who understands this type of transaction better than me i.e. anyone in the province for example, might be able to explain this and outline the correct way to manage this kind of a transaction.

Apologies to all.
Click to expand...
Think my brain broke there, lol
 
Boat that size seems underpowered with a. 115 hp, especially with 3-4 people, gear and fish onboard. Don’t like like painted aluminum boats as the paint seldom lasts long. What is the weird step/bench at the back?
 
Last edited:
Whole in the Water said:
Boat that size seems underpowered with a. 115 hp, especially with 3-4 people, gear and fish onboard. Don’t like like painted aluminum boats as the paint seldom lasts long. What is the weird step/bench at the back?
Click to expand...
A friend has one in Renfrew, he has a merc 150 on it, power wise is good, his major complaints is handling in the chop, getting pushed around in the wind, he took out my anchor docking last year, got pushed by a gust while squeezing in the the slip in front of me
 

Log into Facebook

Log into Facebook to start sharing and connecting with your friends, family, and people you know.
www.facebook.com www.facebook.com
1985 Tiara pursuit 10k price drop to 105k

(Selling for my partner, who is a charter guide in Ucluelet, BC)





Ryancameroncharters.com





This is a one of a kind boat.


36ft overall.


12ft Beam


26 knot cruising speed at 4200 Rpm


40 knots top speed at 6200 Rpm





-Auto pilot


- planar diesel heater


- electric flush toilet


-entire boat was rewired professionally February 2025


-20hp Suzuki kicker





2015 Suzuki 300s with only 800hrs





This is the easiest and best boat that I have ever ran in all my years. It has been well maintained and used regularly as a guide boat.





Switching careers after 14 years in the industry.





Contact for a sea trial
 
kaelc said:

Log into Facebook

Log into Facebook to start sharing and connecting with your friends, family, and people you know.
www.facebook.com www.facebook.com
1985 Tiara pursuit 10k price drop to 105k

(Selling for my partner, who is a charter guide in Ucluelet, BC)





Ryancameroncharters.com





This is a one of a kind boat.


36ft overall.


12ft Beam


26 knot cruising speed at 4200 Rpm


40 knots top speed at 6200 Rpm





-Auto pilot


- planar diesel heater


- electric flush toilet


-entire boat was rewired professionally February 2025


-20hp Suzuki kicker





2015 Suzuki 300s with only 800hrs





This is the easiest and best boat that I have ever ran in all my years. It has been well maintained and used regularly as a guide boat.





Switching careers after 14 years in the industry.





Contact for a sea trial
Click to expand...
What a unit
 
You must log in or register to reply here.

Similar threads

Chummer
On the hunt for a boat
Replies
95
Views
15K
Chummer
Chummer
aeroblade
Help with buying my first boat
Replies
237
Views
42K
1marko
1
smokedvw
Determining my next boat and looking for help (17' DE/Hurston, 185 DE, Campion 542, Hewes Sea Runner 180 etc)
Replies
17
Views
8K
Aces
Aces
Franko Manini
SOLD: 20' ThunderJet Luxor Welded Aluminum
Replies
5
Views
5K
Franko Manini
Franko Manini
bMcN
Double Eagle 185 for sale on UsedVic
Replies
6
Views
4K
halimark
H
Back
Top