It is with bittersweet irony that I write you, Phillip, to thank you for your advice. I wish I had taken it when you offered it some three years ago. You had counseled me on a range of cats that you felt would best suit my cruising plans and budget, not pushing any one brand or builder, but going over the pros and cons of the various models you felt might work for me. Sadly, I later found myself infatuated with a new boat and brand you did not recommend. Just before signing the contract to buy the boat I called you and you warned me about the builder and the design. When it became clear to you I was going to get the boat one way or the other, you recommended I get an independent surveyor to really survey the boat carefully before I signed the final papers. I unfortunately didn’t heed your advice and bought the boat “of my dreams” without having a proper independent survey done. Aside from having my share of problems while sailing and owning her, I took a huge hit when I sold the boat and “lost” over half of what I paid for her, not even considering all the expenses I had while owning her. It was painful to have three different surveyors tell me that I had vastly overpaid and that the boat was not worth half of what I had paid for her.
I feel stupid, but it’s so easy to be blinded by builder claims that I lost focus and did something rash. They say that hindsight is always 20/20 and I know that when I buy my next boat I’ll not make the same mistake. I sailed that boat for 2.5 years and got from Norway to Australia, and saw and met a lot of sailors/cruisers along the way. One thing was evident: A lot of people have made the same mistake I did. They think they know more than they know, and fail to realize that there are some truly expert brokers who really want to make sure they get the right boat, not the wrong one. It’s funny, but I would never buy a house without going through a broker, yet somehow I felt “confident” enough to do so when I spent the same amount of money on a boat. I don’t plan to make the same mistake twice, so for my next purchase I hope you can help me, so I can avoid all the trouble I went through the last time. My advice to anyone buying a catamaran, new or used, is to find a real professional, a true buyer broker with vast experience and integrity, who understands that counting happy customers is far more important than turning a fast dollar.
My wife and I worked with Andrew Hodgdon to sell our 2021 FP Elba 45. In addition to skillfully carrying out the traditional yacht broker responsibilities, Andrew went above-and-beyond to ensure that we were well-positioned to sell in a competitive market. For example, Andrew helped out with much-appreciated repairs and hurricane prep, among other things. Trustworthy, intelligent, and conscientious, Andrew’s communications with us and the buyer were always thoughtful and forward-thinking, and fairly represented our interests.
We really lucked out in connecting with The Multihull Company. We made a cold call to Cynthia Wummer, a Multihull Company broker and told her we wanted to buy a catamaran to cruise The Great Loop and experience the Bahamas. We particularly wanted a PDQ power catamaran. From our first contact she was so helpful and responsive. She immediately contacted a selling broker who represented a prospective seller. Because we are new to a bigger boat and boating on the ICW, Cynthia assisted us through the entire process. She is a captain which was an added bonus to the process; she knew all the right questions to ask the selling broker as well as the surveyor. She drove 3 hours to be present during the survey, she developed a good relationship with the selling broker, she called and checked in with us regularly, was very enthusiastic about our purchase, and answered all our questions. We could not have done it without her. The Multlihull Company support team, Andrew Holland and Courtney Greider, were so helpful in the closing process: the paperwork was easy to complete and communication was smooth and timely. We wouldn’t hesitate to recommend The Multihull Company and Cynthia to anyone who is the market for a boat large or small. Thank you!!!!
Multihull Company has succeeded again. This is my second time using their services and they are extremely professional and honest. Working with their brokers and their administrative team was easy. Communication occurred at every level and constructive advise was always given. They know this business inside and out and acted as my fiduciary in every way. I will use them again for their service and knowledge.
Great to deal with and very patient in our questions. They were able to find us the perfect vessel for our needs.
Successful relationships cannot exist without it. At The Multihull Company we base every relationship on a firm commitment to earning and retaining our client’s trust.
Advice of any kind is valuable only when grounded in hard-won expertise. It too, must be trustworthy. Trust and expertise define the heart and soul of The Multihull Company. We are a team of skilled professionals who thrive on providing expert, trustworthy advice and service to catamaran and trimaran sailors around the globe.
Read More
