Fairline Turbo 36 for sale. Vendor not impressed.

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oldgit

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Due to bereavement we have a Turbo 36 lying on club moorings. Owned for many many years and very well cared for , its now up for sale.
For probate, relatives need to get a ball park figure of value and contacted a local broker.
Very poor response from the choosen brokerage, including comments that the boat will be hard to sell and suggestions that the boat needs to marketed at a knock down price to shift it. The vendor is still actually waiting for this broker to come back with a definate price after a week or so.
Have suggested he contact another broker.
Having spent the last two years looking at over priced tired old heaps at prices well in excess of the sort of money suggested by this particular broker, cannot quite fathom what is going on.
 
We need a bit more info like year and engine model hours and general condition.
Early Ines are 35/45 k later ones with glass fibre arch are making 60k for a really nice one
 
Nice condition and well priced boats are selling well at the moment. Brokers are struggling to get listings. VPs figures above provide a good range, you just need to fill in a bit more detail. Year, engines, honest condition etc etc
 
Fred I sold my Turbo 36 last year, It was nice example and had a lot of money spent on it by the previous owner to me.
I advertised it at £58K had two people in the first week who wanted it and sold it inside two weeks at the full asking price.
it was a 1991 model with Volvo 61a 306hp engines


Dave
 
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Newbroom said:
Fred I sold my Turbo 36 last year, It was nice example and had a lot of money spent on it by the previous owner to me.
I advertised it at £58K had two people in the first week who wanted it and sold it inside two weeks at the full asking price.
it was a 1991 model with Volvo 61a 306hp engines


Dave
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That certainly confirms VPs valuation at the top end. At the other end I have seen them for sale for as little as £35-£40.
 
CLB said:
That certainly confirms VPs valuation at the top end. At the other end I have seen them for sale for as little as £35-£40.
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Yup and I saw most of them :).
Will get some more info and post but can say its the later model with the solid glass arch.

Had it come up for sale but a few weeks earlier could have saved myself a lot of motorway miles and gloomy muttering returns back round the M11/M3/ M25 etc.
,
 
petem said:
You should have bought Trevor's old one, I bet that was mint.
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I was very lucky to find the perfect buyer - he offered below my AP (asking price) but above my SP (smile price) when I completed.

That said I reckon VPs estimate of £35 - 40 k for an older and ~ £55- 60 k for a newer is about right. Those asking £70 - 80 k just sit their not going anywhere fast.

I have also helped sell a dear friends sail boat (to a well known forumite on here) when he sadly passed a couple of years ago, and this was a distress sale. Probate requires a quick sale without any fuss, so for someone a fair opportunity arises to achieve this with say 20% off the normal price, but those who will take the rise should be avoided - distress sale means fast and without fastidious surveyors and engines inspectors.
 
Scala said:
Probate values are used to calculate death tax. The lower the value the lower the tax. Doesn't mean you actually sell for tha, it's a valuation not a sale.
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Thanks, was just concerned that my boat could be given away after my departure
 
Sign of the times ? Just a Liability.

Just an observation.
Boats coming on the market in similar circumstances have not been kept on by relatives or family members, only retained as some sort of memorial to the departed, until somebody finally bites the bullet.
One newly arrived boat from the Thames was lying idle for 5 years before being finally sold off.
One club member said he would give his boat gladly to any of his kids or grandkids who expressed any interest at all in carrying on his love of boats and boating, but they have no time, no money and most important of all, interest. ?
 
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oldgit said:
Due to bereavement we have a Turbo 36 lying on club moorings. Owned for many many years and very well cared for , its now up for sale.
For probate, relatives need to get a ball park figure of value and contacted a local broker.
Very poor response from the choosen brokerage, including comments that the boat will be hard to sell and suggestions that the boat needs to marketed at a knock down price to shift it. The vendor is still actually waiting for this broker to come back with a definate price after a week or so.
Have suggested he contact another broker.
Having spent the last two years looking at over priced tired old heaps at prices well in excess of the sort of money suggested by this particular broker, cannot quite fathom what is going on.
Click to expand...

Well I guess there is nothing in it for the broker if it is just a valuation for the tax man..and maybe the broker doesnt want to take that discussion. Did you offer to pay for his services? He has to put it in writing and put his name to it I assume?
 
The vendor was looking for price to sell the boat and then put it on the market at that price.
There was no subterfuge about trying to minimise the DD.
 
The owners should indeed contact another broker. I'd consider a group broker company like Boatshed for the widest windows to a wide buying market. It is also an extraordinarily capable craft in the most challenging of conditions. A true classic.
 
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