Beware of Cape Yachts in Mass

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R

Rod

While looking at boats online (YachtWorld.com) I requested some interior photos of a boat from Cape Yachts. When they posted the pics I requested with the ad they were kind enough to give me a call to let me know they were posted. Upon examination of the pics however, I realized they had downloaded pics from the interior of a similar boat for sale on the same site by a different broker and posted them as the pics for their boat. You can see the exact same fishing pole and dishes in the pics. It's quite obvious. This is the most deceptive business practices I've seen. Be cautious when dealing with these folks.
 

Phil Herring

Alien
Mar 25, 1997
4,924
- - Bainbridge Island
How do you know...

... the other broker didn't borrow them from Cape Yachts? :) Are you absolutely sure the broker specified they were posting photos of this particular boat, and not the model in general? Did you contact them after the posting for clarification? Some benefit of the doubt might be called for. Let us know if you pursue this. ph.
 
R

Rod

I'm sure

I'm sure. First they called me to let me know they had posted pics of their boat. Second, the pics of the other boat had been posted for at least 4 weeks. I contacted the broker's of both boats, and have received no response thus far. I also notified Cape Yachts of this post so that they can respond here as well.
 
H

HenryV

possibly same boat - 2 brokers??

possibly the two brokers are trying to sell the same boat? sometimes people change brokers but the original brokers keep trying to make the sale.
 
J

Joe

Open vs exclusive listings

Properties sold through brokerages, including real estate, mobile homes and boats, have listing agreements. These are contracts between the seller and the brokerage to provide a service for a fee. In an exclusive type listing the seller gives the listing broker the sole right to market his property for a specific period of time. In an open type listing the seller agrees to pay the broker a commission if he sells the boat, but does not give the broker exlcusive rights. A variation of that would be the seller giving the broker the right to keep everything over a certain amount rather than a percentage of the sales price (net lisiting) In any event, the broker can market the property for the purpose of generating a buyer, but the seller may also enter into similar agreements with other brokers or try to generate his own buyer. There is no exclusivity. In the case of the pictures, the seller probably gave them to all the brokers he contracted with.
 
R

Rod

Different boats

These boats were not the same boat. They were different model years and separated by about 1500 miles between brokers. This was a case of a dihonest seller. I probably misused the term "broker" as Cape Yachts had accepted the boat in question as a trade-in just a few weeks ago. I spoke to them via phone, asking for some interior photos. Ron's response was "I don't have any, but I will take some for you." When he called me back he said, "I have posted some interior photos of the boat for you." He knew I wanted to see pics of the actual boat before I committed to flying into Mass to see it. I still have not heard from Cape Yachts and they have not responded here. When a dealer is dishonest to one buyer he will be dishonest to another one. In the age of the internet all retail organizations need to understand that when the act dishonestly, the word can spread quickly. The internet is a powerful tool, giving the consumer access to information never available before.
 
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