Offer on brokerage boat

It's difficult but you could always ask to see title and VAT paperwork on the pretext of considering a higher offer. Or, as I said, I guess you'd leave a note on the boat or ask the marina office to contact the owner on your behalf. If I was selling my boat and the marina called me to say that they'd had a bloke in who was interested in buying my boat, I'd call him
 
You are not paying the brokerage of course. If your friendly broker says, lovely boat guv, you ll get £100k for it, maybe he isnt so keen to phone you a week later and say, hey, great news, I got an offer at £85k, best you take it pronto.
And as said elsewhere, you dont know if the seller said, dont bother me with offers below £95k-which is very possible.
Still, no one really knows what the boat might sell for until the offers start, so I think most would like to know every offer made.
Or maybe the guy just turned down an offer at £90k.. you dont know the full story, I guess. Having tried to buy.. hmm, maybe 9 boats over 2 years.. I ranged from -20pct to -5.5pct. The one I bought was at -5.5pct.. I can only say then that my personal experience is that 10/20pct off didnt work for me-at all!
 
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offer 15k less now and see what happens ? I say they will take it !

I'd like to know the answer to this! /forums/images/graemlins/grin.gif
Tom

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One broker not happy requesting i come back when i'm serious.

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Go back now with the same offer and say "i'm still serious, but are you?" /forums/images/graemlins/grin.gif /forums/images/graemlins/wink.gif
 
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Can the owner not make an agreement with the broker "Don't bother me with offers under £xxxxx"??


[/ QUOTE ] Of course he can. Indeed, I thought all half decent brokers worked this way. All the ones I have had dealings with did. You know your absolute bottom line. Why not let the broker into your confidence on it? With our most recent sale (last week) we agreed an asking price ( the top whack we had seen similar boats advertised for), a target price ( what we realistically hoped to get for it) and a bottomline (the absolute minimum we were prepared to accept). The broker did not pass on any offers below the bottom line. What would have been the point? Glad to say we just about made the target, although it took a bit of time.
 
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The broker did not pass on any offers below the bottom line. What would have been the point?

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The point is that you run the risk of putting off a serious buyer who might have gone higher. I always start the bidding process on a boat with a lowish bid - you never know, you might be lucky - but if a broker told me he was'nt going to pass the bid on to the buyer because he did'nt think it was 'serious', I must just tell him to stick the boat where the sun don't shine
The second point is that, if you get 2 or 3 low offers from buyers which are not deemed 'serious' by your broker, you are missing out on valuable information ie the market thinks that the boat is overpriced
 
The broker will always try to get the best price i understand that but if they state the price they could over price the boat which will cause a long sale that doesn't look good.
 
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The broker did not pass on any offers below the bottom line. What would have been the point?

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umm, well the point would've been that the punter might have come back & offered more, eh?
 
It all depends on how the broker refuses the offer

Something like: "P*ss off you time wasting tw*t", wont generate a favourable negotiation with a potential buyer

whereas

"I'm afraid I cant pass your offer to the owner as he has specifically instructed me not to bother him with offers at this level. However, if you increased to £xxxxxxx, I could put it to him/her and see how he feels"

explains the brokers position fully, doesnt compromise the seller, and is most likely to give an impression of honesty /integrity, and generate a higher offer if one is available.

The impression I got was that the offer refused at the head of the thread was refused in the former manner without explanation..... which is crazy for a brokers reputation.
 
My boat is currently on brokerage and I would want to hear about any offer. As others have said, it could allways be increased?
The broker is aware of my target price and my bottom line, but everything, is of course negotiable.
Pass on the offer I say, perhaps maybe, without letting the buyer know, he can allways be called back and an attempt made to nudge him up a little.

Anyone looking for a Sealine 215? "Misty Spirit"

www.bristolyachtbrokerage.com

"Motivated vendor" /forums/images/graemlins/grin.gif
 
starting at a (too)low offer is ok, but then its up to the broker. As someone else has said, and that follows my experience, generally you are told either, go away, or, I m afraid thats not going to be high enough. Generally it seems the broker knows a sensible level that is likely to get some discussions going, and a level that there simply arent going to be any discussions going. In the end, the boat is just another asset with a market value.Why sell it off cheap? OK, there maybe some differences between individual circumstances, but- and I can only say from my lenghty boat hunting-many people seem to prefer to try to sell almost indefinitely than accept a low offer. If I am right, then I guess the brokers often work along those lines. Many boats dont really seem to be for sale anyway. More, well, I ll do the buyer a favour and sell it to him if he wants to pay top dollar. I guess if I was an active broker, I wouldnt spend too much time on prospective buyers with low bids in those circumstances either.
 
Interesting thread /forums/images/graemlins/grin.gif it seems to go full circle every other post /forums/images/graemlins/confused.gif.

As indicated by menay - sellers usually instruct this is what Id like and this is too low - there is no need to bother the seller with anything below the too low price and the seller has already instructed in this - of course the broker can always put it to the buyer also indicated before that an offer of £xxx would likely be considered and then pass this on - however the buyer might not be able to reach the sellers minimum so then what is the point - and as the broker is the one selling the boat for the seller - bothering the seller with "I know you said that you were nt going to accept anything lower than £x but we have had an offer below £x do you want me to go back and try and up the offer - seem futile a waste of the sellers time and brokers time as he already knows the answer bit like a solicitor - once under brokership you agree to sell through them and they have your instructions ...

Of course if you phone the broker and asked were there any offers on my boat - he would always tell you yes we had 50 offers all 10% below you min - and you could then think about the sale price - but then that is also the brokers job and expertise - he is not going to try to sell a boat that is "way" of the highest going price for that year/model etc ...

The argument here seems to be between sellers and buyers and this is a day to day problem! Buyers will always try low and if they are serious consider a higher payment until an agreement is made - or cannot afford or do not want to pay the asking price and say ^&&* off.

So the answer to the original questions is and has been covered over and over again in this post. its between the seller and the broker - the buyer does not get a say in the selling price on in the negotiations ... if the seller has said to the broker dont bother me with anything below £xxx then the broker wont - but should negotiate on the sellers behalf with counter offer - if the seeler has given no instructions other than please sell my boat then ALL offers should be passed on ..

Simple really /forums/images/graemlins/grin.gif
 
Ho hum. What do we do?

We ask the vendor for an asking price and a mimimum price (before deduction of commission).

We will pass on all offers, regardless of how daft they are or even if the owner has said they won't accept less than their minimum.

If an owner specifically requested that we did not pass on offers under a certain amount, we would do so, but would ensure that the request was in writing.

We will not comment on any questions about how low a price the owner might accept and will not suggest that someone may wish to raise their offer to £x - even if we believe that would be acceptable. It's up to the potential purchaser to suggest a figure and we're working for the vendor.

We will, however, suggest to a potential purchaser that an offer is unlikely to be accepted (especially if similar ones have been rejected) and thet they may like to reconsider before we submit an offer.

We've seen a fair few sold for considerably less than the 'lowest' price, probably the result of optimism on behalf of the vendor - so, it's worth passing every off on just in case.
 
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