Gerald, I've owned three Linn carts over 20 years old, all of them measured to within a couple of percent of original specification for output voltage. One of them was a totally unused Karma, it measured no more closely to spec than the Troika that had been in constant use and retipped twice. I assume the slight difference between them and nominal spec was purely a result of production tolerances.
Linn do not offer remagnetization for any of their carts.
I would suggest that the OP asks the dealer in question by how much the output of the cart has dropped. He must already have the answer to hand- how else would he know it had dropped without measuring it?
You can hand wring as much as you like and obfuscate, but the simple truth in this instance is that it is far more likely the dealer is full of shit than that cart has been subjected to conditions that caused it to become demagnetized. Should the OP so desire I'd be happy to measure the cart for him and provide him with result for tracking, separation, FR and output voltage.