Help with getting sold boat data

[EugeneR]

I am considering an offer on a 10-year old boat. It's a niche boat in a remote location.

This is a private sale direct with the owner, so I do not have a buyer's broker to pull the official comparable sales data for me. I have tracked the market closely and identified the two sister ships that sold in the last 12 months, which are the relevant benchmarks. I even have surveys for all of them, as well as (verbally) the sold-for prices.

I want to present the seller with documentary evidence (ideally an official SoldBoats or database report) to substantiate my offer and show the reality of the market. All objective, fair and fact-based.

Is there a surveyor or broker active here who I could engage to run a mini "desktop valuation" or "market comparable report" for me?

I can provide the specific hull names and sold dates via PM. I am essentially looking for the sold records to be pulled and formalized into a letter/PDF I can show the owner.

Please PM me if you can help

Thank you

 

[rotrax]

Just offer and see what happens.

Result if accepted, no loss if not.

If you REALLY want the boat, up the offer.

 

[BobnLesley]

Wot rotrax sed.
Even if you acquire said bit of paper, it's irrelevant; it won't tell you, or the vendor, how keen those buyers were to purchase, nor how desperate the vendors were to sell.

 

[Frogmogman]

I am considering an offer on a 10-year old boat. It's a niche boat in a remote location.

This is a private sale direct with the owner, so I do not have a buyer's broker to pull the official comparable sales data for me. I have tracked the market closely and identified the two sister ships that sold in the last 12 months, which are the relevant benchmarks. I even have surveys for all of them, as well as (verbally) the sold-for prices.

I want to present the seller with documentary evidence (ideally an official SoldBoats or database report) to substantiate my offer and show the reality of the market. All objective, fair and fact-based.

Is there a surveyor or broker active here who I could engage to run a mini "desktop valuation" or "market comparable report" for me?

I can provide the specific hull names and sold dates via PM. I am essentially looking for the sold records to be pulled and formalized into a letter/PDF I can show the owner.

Please PM me if you can help

Thank you

You can certainly ask Chat GPT or similar to search asking prices on similar boats offered for sail over the last couple of years. Won’t help you on what the actual prices achieved were.

 

[wonkywinch]

I've bought and sold enough houses and cars to know that "substantiating an offer" with data on previous transactions is a load of bolleaux. It has raised my hackles whenever a potential buyer has produced a list as long as their arm as to why they shouldn't pay my asking price.

As rotrax says, just offer on what it's worth to you. There are far too many variables to rely on the boaty equivalent of a CAP or Red Book guide.

 

[Tranona]

Wasting your time, particularly as you describe it as a "niche" boat in a remote area. In my experience the sold boat listings that brokers use can be all over the place , particularly on small volume production boats. As said just offer what you think it is worth to you reflecting where it is located in relation to where you wnt it. Either the seller accepts it or shows enough interest to start negotiations or he rejects and you might decide to walk away.

 

[gjgm]

objective, fair and fact-based.

I am a little confused..we are discussing buying a boat, aren't we ?!!

 

[EugeneR]

Under circumstances, it's my preference to show why I feel a given offer is reasonable, hence reaching out for help.

 

[Tranona]

Under circumstances, it's my preference to show why I feel a given offer is reasonable, hence reaching out for help.

You may think it useful but you already have two and unless it is a volume boat with a frequent turnover you are unlikely to get any more. The used boat market is "imperfect" in that there are very few buyers and sellers of identical or indeed similar boats, particularly in a short time period such as a year, and values vary widely depending on location and condition. For example boats in the EU have asking prices approx 20% higher than the UK at the moment. Even 3 years ago it was the other way around. AFAIK there is no source of sold boat data EU wide as again prices vary by location. There is nothing official or objective about any listing of sale prices - just context free data.

A seller is in the same position as you in not knowing what the "market" price is other than finding the 2 that have sold and almost certainly he has higher expectations than what you are prepared to pay - but equally in a "thin" market where only a very small number change hands in a year there are likely to be very few potential buyers. You already have 2 boat prices and conditions which maybe lower and better than than his offering on which to base your offer. Unlike a trader a private seller is under no obligation to be "competitive" and will accept or reject your offer depending on his expectations.