blueglass
Well-Known Member
Sorry but we have now entered la la land. I hope you find a nice big issue salesman to take it off your hands.
Making an offer....
- Thread starter PEEJAYSEA
- Start date
Sorry but we have now entered la la land. I hope you find a nice big issue salesman to take it off your hands.
Ubergeekian
Well-Known Member
Could we try not to get too personal here? It's an interesting discussion, but "you haven't a clue", "la la land" and the like don't help.
OK, that said, of course the first asking price is often not the final agreed one, just as the first offer won't be the final agreed one. All I'm suggesting is that the process of negotiating an acceptable compromise can be a pleasant human one and not a snarling display of aggression and testosterone. Which I really don't think works anyway, because if one side is too greedy the other will simply modify its response.
If he wants to circumnavigate Britain, fine, let's talk. Hey, it's a thirty three year old twenty one foot boat - not worth a fortune and not soaking up a fortune either. I can afford to be (a) picky and (b) generous about who she goes to - as I said, a good home is more important than the money.
The last boat I disposed of was a very nice Mirror dinghy needing repainting. I gave it to the children of some skint friends as their first boat. I know, I know, I threw a whole couple of hundred quid away there.
blueglass
Well-Known Member
If this is all you are saying then I agree entirely and said something similar myself earlier in the thread. I developed a very friendly relationship with the guy who bought my last boat.
Sorry if you took offence - just a bit of banter (maybe a tad robust) and none intended.
Regarding the value of the boat your selling - maybe that is the difference between our two different approaches. I sold my house to release enough funds to buy my current boat and it therefore represents a considerable chunk of my kid's inheritance. This tends to focus the mind a little. If and when I sell it, I will want as much for it as the market allows, and yes, I would negotiate hard to achieve that end. I would be able to do this quite easily without any snarling displays of aggression or testosterone. I totally accept that any buyer would be trying to drive as hard a bargain as me and I have no problem with that whatsoever.
Ubergeekian
Well-Known Member
Thanks. I don't think we are too far apart really. I remortgaged the house to buy Jumblie so if I ever had to sell her I would be rather less blasé about a low sale price than that on which no reasonable offer will be refused (TOWNROWBR). Te most important thing to me is to treat the other guy as a human, and we seem to agree on that.
maxi77
Well-Known Member
At the end of the day different buyers buy different things, some go for discounts, some looks, some status and so on. The seller needs to understand this to both maximise his return, and to secure a timely sale. Thus for example the asking price needs to be set to both maximise the interest, but still ensure a satisfactory sale price, setting it too low may make it difficult to achieve a price you are happy with, whist setting it too high can scare of potential purchasers.
Equally sellers can be picky about buyers, I once sold my house to the second highest bid because in my opinion the highest bid was just cheeky and rude so it was ignored, easier as I only lost £1 on the deal.
The real thing is as either a buyer or seller to know your own mind and what you really want from the deal.
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andrewfollett
Well-Known Member
Is Jouster STILL for sale?
ukmctc
Well-Known Member
make the offer your happy with, remember its a buyers market, offer £25,000, I'd offer £20,000 just to see what the seller does. Find out how long its been there for sale, if its a long time offer even less, its all about how much the vendor needs the money, does he owe the brokerage, ask and make the offer accordingly, remember you start as low as you can then go up if you really want it.
I bought a Trapper 500 from a broker for less than half the asking price because the vendor owed the marina money, it was advertised at £14500, I walked away with it for £7000.
I'd say the more money they want, the easier it is to buy cheap.
I bought a Trapper 500 from a broker for less than half the asking price because the vendor owed the marina money, it was advertised at £14500, I walked away with it for £7000.
I'd say the more money they want, the easier it is to buy cheap.
Stork_III
Well-Known Member
Someone once said "Sarcasm is the lowest form of Wit", I agree with him.Sarcasm is wasted on some folk
blueglass
Well-Known Member
That's only half the quotation. the second half adds the rider "but the highest form of intelligence"
Stork_III
Well-Known Member
Can't agree with that bit or his lifestyle.
Ubergeekian
Well-Known Member
Yeah. I haven't really been trying though. She's going to be listed with Boatshed West of Scotland as soon as they can do the inspection and photographs, so maybe their lack of sentiment will hurry things on.
Ubergeekian
Well-Known Member
People keep posting on these forums to say there's a terrible lack of good boats for sale, that they fly off brokers' lists in no time, that foreigners come across with pockets stuffed with euros and snap them up. That sounds more like a seller's market to me.
I'd have thought it depended very much on the boat. If you want a Centaur there are dozens to choose from at any one time, but if you want a Victoria 26 there is, as far as I know, none for sale in Britain at the moment. The same presumably goes for Bavarias vs Vancouvers (hope I've got that right - I'm trying to think of more modern yachts of similar ages and sizes but very different availabilities).
So, dear OP, if the boat your after is one of thirty five on the market and if the £30k asked is near the top end of the range of prices, then I would expect a sensible seller to be expecting substantially less. Opinions are clearly divided on whether a sensible seller would start off by asking over the odds anyway...
If, on the other hand, this is the only example for sale of something desirable of which only thirty were built, and if the last one to sell fetched a similar amount, give or take some adjustment for commission) then a sensible seller isn't going to give you any more than a token discount to salvage your pride.
Ubergeekian
Well-Known Member
Whose lifestyle? "Sarcasm is the lowest form of wit" is of obscure origin and is attributed in no standard books of quotations.
jonic
Well-Known Member
As a broker I can confirm there is a lack of high quality boats, and if priced well they sell quickly. I have spoken with the op and he now has detailed information on the boat he is looking at. He also knows it is priced well and has a good history. It will sell very near the asking price and is a gem.
sighmoon
Well-Known Member
Unless, by having a lower asking price, you get more attention. I sold my last boat in a bit of a hurry, and got the low asking price. He asked if I would take a lower offer - I told him I would in a few day's time, as I had 5 people booked in to see the boat after him if he didn't want it at the asking price.
The one I'm in the process of buying is a similar story - he gave me a token small reduction, but he knows, and I know, that he can get very near the asking price, as it's very realistic. If he'd asked for 20% more, it might not have piqued my attention enough to find out more.
The notion of a 'lowest acceptable price' sounds at odds with the idea of an objective approximate market value, and I think this is why there are so many boats that have sat for sale for so long, all the while deteriorating, and costing the owner money.
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Tranona
Well-Known Member
The examples of price ranges I noted earlier support this. The closer you get to conditions of a perfect market (many buyers, many sellers, homogeneous products and perfect information) the narrower the asking price range and the smaller the difference between asking price and selling price. so a Centaur is £10.5k and a Bav 34 is £48k - both give or take a bit depending on location, detail condition etc.
Once volume of transactions fall, models have a long production run, examples are widely spread geographically (plus all sorts of other factors specific to a particular boat) price becomes more difficult to extablish.
blueglass
Well-Known Member
often attributed to Oscar Wilde - bit like Michael Caine's "not a lot of people know that" which he denies ever saying.
blueglass
Well-Known Member
You bloody try selling a bloody fin bloody keeler on the bloody Solway, then.
So how important is regionality these days? Even with the advent of internet advertising etc, this surely has to remain a factor affecting values.
I'm thinking of say a fast planing sportscruiser on the Norfolk Broads, a cat A yacht on the upper Thames, A slipper launch in the Scilly Isles, An enclosed wheelhouse motorboat with diesel heating etc and no deck space for sale in the Med. Is it worth transporting the boat to where you think the market is - which would involve some expense and trouble, or do you hope the market will come to you?
Tranona
Well-Known Member
Location is really important. For a South Coast person there needs to be a £3-5k benefit of a yacht in Scotland (unless sailing it back is considered a pleasure!) Last year somebody in N Scotland had to almost give away a Stella because the market is in the south and transport costs were a significant part of the value of the boat.
As you say, the characteristics of the boat can limit demand in certain locations either physical constraints or style. Rarely though is it sensible to move boats to a different location unless there is clear eevidence of a massive difference in price/demand.
As you say, the characteristics of the boat can limit demand in certain locations either physical constraints or style. Rarely though is it sensible to move boats to a different location unless there is clear eevidence of a massive difference in price/demand.
blueglass
Well-Known Member
Its interesting you put such a precise figure on it - Do you have a background in brokerage/sales perchance?
