buying from an estate

Tony Woolner wrote:

Is it more difficult to buy a plane from an estate rather than an owner?
There is a broker involved who listed the plane.

As long as there's a broker involved, it may be easier. Owners sometimes have
inflated ideas of the value of an aircraft and refuse to lower the price. If/when
they *do* lower the price, they don't call you back (probably an ego thing). The
inheritors of an estate frequently have a good idea of what the plane is actually
worth and are frequently more willing to bargain, especially if the plane has been
listed for a while. If you made an offer early in the listing, the broker will
certainly call to see if you're still interested if the owners lower the price later.
In addition, most brokers have handled sales before, so the paperwork goes like
clockwork.

On the down side, the broker is getting at least 5% of the price, and the price may
have been adjusted upwards to recoup that expense.

George Patterson
None of us is as dumb as all of us.