How Much is Rogue, Moody 44, worth???

Richard10002

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Well... I've arrived in Malta today and return to England on Sunday. I actually came because I could, to make sure she's OK, and do some specific jobs which were playing on my mind, rather than present her better for sale.

Anyway, I'm now a bit depressed as, as well as the 3 page list of winter jobs, I am faced with the fact that she is full of stuff built up for liveaboard life, but which make her extremely cluttered, and quite untidy, in terms of presentation for sale, and she is a bit damp after having been left for 2 months.

My overall impression is that she is a bit rough around the edges .... which might be kind of OK for a 12-14 year old boat, or it might not.

I could list the jobs, (and will if it's appropriate/needed), but could briefly suggest that some are necessary before sailing her again, some ought to be done, and others could remain on the wish list. Some are big, some are medium, and some are small, (all these jobs I had planned to do at my leisure over the winter/early spring).

2 questions:

1a) Richard, (Rb_Stretch), sold his immaculate, (I assume), Moody 44 Hana for the asking price of £135K, (I'm presuming he got the asking price or close), with a private web site, along with driving people to it from here and MOA

1b) The lowest asking price I've seen for a Moody 44 over the past 5 years is £109,950. She was for sale in Croatia. The circumstances may have been similar to mine as medical/health was mentioned in the advert, and she had a "Sold" sticker within 3 or 4 weeks.

1c) The current range of asking prices for Moody 44s on the market seems to be £120K to £140K, and there only seem to be about 5 openly for sale.

Where should I pitch Rogue to get a quick sale in Malta? - Plan A, I'm thinking £119,950, or £114,950, or £109,950?

(I know there have been lots of kind offers to help get Rogue back to the UK, and they are all appreciated and welcomed, and may yet be called upon /forums/images/graemlins/smile.gif - Plan B).

2) Where should I direct my efforts over the next 2 days in terms of preparing her best for sale.... clearing the clutter and making her look better, or doing jobs which I feel need doing, but which wont be obvious to a buyer, whether they are done or not, (they may be obvious to a surveyor).

Any opinions/advice most welcome.

Cheers

Richard
 
Some of the liveaboard items may be worth more sold seperately. Hydrovane for instance - would get £2k easily second hand, but might not add any value to the boat, same for SSB, solar panels (maybe?), Pactor Modem, etc etc

You will obviously have to remove them and tidy where they have been - but we just spent best part of £8k on our boat on bits like I've mentioned above, I don't think they would have had more than £2k impact on the boat if they came with it when we bought it.

Other thing we noticed (personally) when we looked at second hand boat s - untidy boats (some had emtpy bleach bottles in the heads, piles of clothes on the bunks etc) suggested an untidy and uncareful owner. I would certainly try to make it look 'tidy' as you would for an estate agent when selling your house. In terms of muck etc - if she's on the hard people won't expect her to be spotless so I wouldn't worry about cleaning the decks etc.

Just my thoughts based on our experience

Jonny
 
Thanks for that Jonny - I'm not really in a position to sell individual items ....

I used to be an estate agent, so should be able to answer all my own questions .. perhaps I'm really thinking out loud, although any input is still welcomed.

She is in the water, and will remain so. I have the decks cleaned twice a month, just to keep her looking OK externally.

I think I'll see how far I get by Saturday night, then think about having the marina give her a good internal clean.

Cheers

Richard
 
I guess it just depends how much of a hurry you are in. These are questions a good broker could answer.

Based on what I know of the market I would be certainly interested at those prices if I was looking.

One point, do consider, if it is not too messy for you, selling off a lot of your cruising gear separately. I have seen vendors get quite a lot of cash for doing this without affecting the value of the boat.

Good luck
 
Personally I'd make sure the inside of the boat was clean of unnessersary clutter first - the major hurdle will be getting ppl to come and see her and getting them interested.
I'd then look at some of the jobs that would put you off as a punter ... I don't know what your job list is, but think about the ones that would be trickier for someone who doesn't know the boat to fix (engine service can be done by a mechanic).

Price it too low and you'll have ppl wondering what is wrong with it - and try to knock you down even further, too high and they won't be interested. Can you cost up how much it would be to get a pro in to do the major jobs? You can then use that to moderate a higher asking price.

Hth ...

btw - if you want a hand getting it back then I would love to help /forums/images/graemlins/smile.gif
 
As with houses, its the first sight of a boat which matters most, so I would de-clutter (the yard may have storage ashore for rent) and give a real good clean. Non smelly toilets are vital. Jobs that a punter wouldnt see are not vital - by the time a surveyor comes along the punter is ready to start making excuses for the boat. I've done it myself.

Price is difficult - you have to attract a buyer to Malta so its no good advertising at the same price you would do on the Solent. Trying to judge it myself, I wouldnt consider going to look at a boat in Malta in that price bracket unless it was 15k cheaper than the typical UK price. After all, 15k is likely to be the minimum haggle anyway. So I would probably try 120 in Malta or 135 in UK - and I wouldnt do the estate agent 9950 bit - it irritates the hell out of me and puts me off.

So all things together, I would investigate what it would cost to bring it back here. I'd be surprised if it didnt pay you to do so, being a UK boat anyway.
 
I wouldn't try to answer the full question as so much depends on a variety of factors but when I was looking for a boat I think I can summarise my feelings on each occasion, which might help.

On arrival at the boat, from the outside, does it stand out amongst other nearby vessels as being clean, tidy and presentable.

Once aboard does it show care and attention have been spent on it, also does it smell sweet and dry.

First impressions count and presentation says a lot about the seller. If there is little evidence of ongoing care then it was my opinion that a surveyor's report would inevitably bring forth more nasty surprises and thus many boats(and possibly good ones at that) were turned aside without more ado.


edit:- By the way I imply nothing derogatory in Rogue's case- just trying to give you an edge without having to spend out big bucks
 
Answwer these questions
Can I sail it away today ( i.e get in it cast opff and go for a quick pootle)
this will be unrealisitc but any potential purchaser will have half an eye at least on that so de clutter is a must but so is also making it look sort of ready for the off.

Is it clean
A MUST MUST MUST
furniture polish good idea. Well sotwed plates and cutlery. People open them for a peer in. Noweher should be scruffy. Remove any offending item.

Is it cherished.
Is the anchor chain flaked reaosnably and not just in a pile. Are the ciockpit lockers reaonably tidy.? All the lttile signs that a boat is cared for and fettled and has been sailed by careful skipper. Be honest about the jobs you think need doing. A to do list is confirmation you take care of noting and checking stuff.

Remember its swmbo that is most often the real decision maker.
 
Re: How Much is Rogue, Moody 44, worth???

Like all things she is worth what someone is willing to pay obviously you want to get what you can and any buyer wants to get it as cheep as possible. Most people don't want to pay the asking price so expect offers of less and adjust your asking price accordingly. The moody 44 is a good liveaboard long distance cruiser at a reasonable price and is likely to be on the short list of many blue water dreamers. It was on mine! Don't underestimate the knowledge of the type of people who are likely to be interested in this type of boat an honest appraisal is likely to be well received by some buyers although you might frighten others away. From your previous posts it sounds like you have a well equipped blue water yacht which you are willing to let go at a good price for a quick sale so don't forget to point out the good points!!

The most important things for buyers are the most expensive and the most difficult to fix so engine, rigging, sails are top of most peoples list if these are good your in a good position.

If you want people to travel to see her then lots of pics helps as this gives people an opportunity to visualise how it would suit them.

If you have the skills why not set up a web page with details video the works.

might be worth advertising here as well

http://www.onpassage.com/Yachts_for_sale/Index/Index_1.htm

if you go through a broker i'd make sure the list it on YBW as it is such a huge data base.
 
Personal gear can look a bit sorded and it puts a number of dark thoughts into the buyers mind:
Is the boat really for sale, or does the owner intend to come back and sail it in the spring?
Is it part of a divorce settlement wrangle with the wife?
Has the owner had it away on his toes leaving debts against the boat?
Is it in joint ownership?
Are ther drugs stashed under the floorboards? etc, etc.
FWIW I would pitch it at just over 120k after a good internal clean and ensuring a short sea trial is possible.
 
it can be difficult to value your boat especially with all the effort you have put into it..the crucial thing is how keen are you to sell. if you have the time you would be best spending some effort tidying everything up and doing most of the jobs that are important.then consider sailing it back to uk where you will almost certainly get a higher price.However if you are v keen to sell and want to move on i believe a lower selling price would attract more interest. I would go for offers on 100k. if there is a load of interest you can ask for offers if not you may be best getting what you can. you have to factor in the ongoing boat yard costs, flights to and from the uk, etc etc.
coi just sold my boat for a lot less than i thought she ws worth
 
Take everything off that clutters it before you show someone around, even if that means putting it all in the back of a car or in a shed for a few hours. When I was buying last year we saw a couple of liveaboards that really put us off with the clutter and detritus of liveaboard life.

I bought Hana from rb_stretch in the end! (now called Marmalade)

Simon
 
Thanks again to all, including more offers of help to get her back to the UK.... which remains Plan B.

Looks like I need to declutter as much as I can, with a quick hoover and polish around, then do what I can to make sure that she can be sailed for at least a demo.

So I've got a plan of action.

I've got 24 hours now to do what I can. The new Mrs. and a friend might be able to come over to do some cleaning/airing in Feb, then I might get a week or 2 window in late March/April, after the 1st round of chemotherapy, and before my guts get ripped out, to do some jobs that remain in need of doing.

Also kind of thinking that, if she doesnt sell, and is still here next year, and I'm OK, I'll be part of the team that brings her back to the UK.

Thanks for the help... perhaps reinforcing what i know damned well are the right things to do.

Cheers

Richard
 
Hi Richard,

I agree with most of the previous points - first impressions - so declutter and smelling sweet.

Also - for me an upfront honest list of what need doing gives an impression of someone who knows what they are doing.

Lastly - if trying to sell to a UK buyer - lots and lots and lots and lots of photos - inside and out !

The more the better - give a potential buyer a really good idea of what they are going to see before they make the trip. I'd be far more inclined to travel if I had looked at 100's of photos of a boat I was interested in - than if I had just looked at the standard half dozen on a brokers site.

I can easily sort out on popping photos onto a website for you (as I'm sure many others can) - if you don't have the facility - so supplement whatever a broker might put on a sale site.

Or alternatively - have a CD of photos to send to those who are interested ?

Good luck
Best wishes
James
 
[ QUOTE ]
Hi Richard,


Lastly - if trying to sell to a UK buyer - lots and lots and lots and lots of photos - inside and out !

The more the better - give a potential buyer a really good idea of what they are going to see before they make the trip. I'd be far more inclined to travel if I had looked at 100's of photos of a boat I was interested in - than if I had just looked at the standard half dozen on a brokers site.



[/ QUOTE ]


I agree with lots of photos. I spend hours searching for the perfect boat on the internet. Good photos of everything and photos that can be enlarged, pointless having copywrite protected photos on your site. People will want to see the engine installation, cockpit,saloon furniture. Show photos that demonstrate the quality of fittings. This is an expensive boat, people will want to see where the money goes.
 
I can not give advice regarding the value of the boat however as a person that has recently viewed a number of boats and managed to purchase one I can say what I liked and what put me off.

I am not talking about major structural items, most buyers pay for a survey any way, I did. I am talking more about first impressions, the ones that really count.

If the first impression is bad, then I walked away, I might have missed a good buy, but most people will walk away.

I viewed many boats on internet, including the boats for sale one YBW. I could not believe how many pictures showed unmade beds and cluttered up boats, That was a show stopper. Clean up before you post any photos.

As an Enginner by trade, I know that any general wear is to be expected, it can all be fixed at a cost, I decide what needs to be fixed first and what I can live with for a while, for example some woodwork might need revarnishing but it is a not a show stopper.

What I did not like to see was a dirty cooker, half blocked galley sink with onion peel, heads sink and shower bunged up with hair. Dirty pans and crockery etc.

Although I knew that I would be replacing all the pots/pans and crockery myself any way, as well as a full clean of the whole boat, if you see a cluttered boat then you start to think how has the owner looked after the important stuff?

My advice from a buyers point of view would be to strip the boat of all personal things that you can afford to get rid off.

It might be better to bin a few hundred pounds worth of old stuff and clear out the boat to make it more attractive and then ask one of the higher pirces that you posted earlier.

A clean bare boat that needs a little TLC looks much better than a cluttered boat.
Open a cupboard full of old pots looks bad, open a clean empty cupbaord looks better.

Just my opinion.
 
Hi Richard,
I agree with allof the above. I am speaking as someone who is looking to buy this year. As has already been mentioned, I would advise bringing her back to the UK for sale if you can.
Regards.
 
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