1. What is the difference between a buyer’s agent and all of the other brokers, sellers, and agents on the market?

There are many parties who can work with buyers and sellers, but exclusive buyer’s agents like Cyntinory Marine are the only ones who can commit to working in the buyer’s best interest 100 percent of the time. While this concept has gained increasing popularity in real estate over the past few years, it is only beginning to be used in boat-buying. That is why it is important to understand what sets Cyntinory Marine apart from traditional brokers and other types of sellers’ representatives.

A prospective buyer may commonly be placed in contact with a seller’s agent in order to view a potential boat; however, because that agent is working for the seller and being paid a commission, it is his goal to make the sale at the highest price he can negotiate. So-called “dual agents,” working simultaneously for both the buyer and the seller, may sound like a more neutral option, but the conflict of interest created by their competing loyalties means that the result for the buyer is just as unpredictable. Only a true buyer’s agent can work under a binding agreement to advocate exclusively for a buyer.

 

2. How is Cyntinory Marine compensated?

Cyntinory Marine is compensated in the form of a fee based on the value of the boat purchased and the extent of the services the particular buyer requires. These services, as well as the fee, are all discussed up front and explained in the Exclusive Buyer’s Agent Agreement and the buyer will not be responsible for any undisclosed fees or expenses.

 

3. What type of customers does Cyntinory Marine work with?

Cyntinory Marine works with clients interested in purchasing a new, used, or custom-built sportfisherman with a price of $500,000 and up. Our services work well for clients at virtually any point in the buying process, from pre-purchase planning to negotiation and closing.

 

4. Can you sell my current boat for me?

We will work with you regarding the disposition of your existing boat as part of your buying effort. Although we do not list or sell boats we can advise you on how best to do so and help facilitate an acceptable sale.

 

5. Where does the name “Cyntinory Marine” come from?

Our company takes its unique name from Cyntinory, a 64’ Weaver sportfisherman owned by Cyntinory Marine founder Val Lynch. Cyntinory was named for Mr. Lynch’s three children: CYNthia, ChrisTINe, and GregORY.

 

6. OK, so what does the buyer’s agent service cost?

In brief, the cost is less than typically incurred in a traditional brokerage transaction. We invite you to call us and discuss this important part of the process—without obligation, of course.