sales at SBS and used boat shows

gjgm

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anyone have any feedback-other than , yes, it was the best year EVER etc etc. Particularly from used boat shows..things shifting, or are buyers people running for cover?
 
Went to Ancasta and was told that the attendance during the week was tiny. Berthon say 10% of boats by value under offer. That probably includes the offer made by us that was subsequently rejected.
 
Was just on phone to broker mate asking him what th general low down was on sales at sbs, mixed is the answer, sounds like lombard have moved some stock on from BAPeters , broom did ok, not heard much more, other than people dont seem to be buying at the lower end, ie first time buyers.
I dont think we will see the real effect until about next march when repair yards are quiet and stocks not moved.

I could be wrong as ive been speaking to a broker about a boat I would like and made an offer that was low compared to the asking price, though the boats on at 20k more than its worth anyway, his reply was that he would not even put my offer forward, now I thought any offer had to be put forward.
So when its still for sale next april he may be eating his words, unless the price is right whats the point in buying this time of year for the boat to stand for 6 months till its nice enough to use it, and he will be paying to store it, and loose out on interest from the proceeds.

One other bit on a large chandler at sbs they were that quiet they sent some staff back to the shops they have.
 
Paul ! regardless of the brokers own view on your offer he should have contacted the vendor.

I had a boat on brokerage a fews years back and found that an offer had not been passed onto me because the broker considered the offer to low, needless to say I removed it from his books.

As the seller I regarded that it should be me deciding on whether it was to low, if the potential buyer is serious & likes the boat the price can allways be negotiated upwards.
 
Regarding the broker.. I find their position odd. The last broker i dealt with obviously made comment on the offers i was putting forward but certainly agreed they would put the offer forward and let me know the outcome.

Whether that was a load of spin or not /forums/images/graemlins/smile.gif i certainly felt like the broker was doing a reasonable job being a middle-man and not just holding out for the most commission.

I think there is still a noticeable part of the boating scene that still has its head poked up its backside.
 
Hmm I thought my comment might arouse a few and didnt want to say anymore but ive just spoke to the yard where the boat is, as this boat was entered into a used show by another broker company as a shared broker deal, and I ended up putting the offer to the major lister who rejected it, yes your right any offer should be put foward but I got all sorts of crap excuses as to why he didnt want to forward it.
Can you imagine if the owners about to go bust because he cant sell his boat and didnt know of my low offer that was not what he expected but would have made his life more bearable.

He also told me that the boats only been on the market 6 weeks, so I checked there ads to find it in the june edition of MBM and for it go in it has to sent in I think 6 weeks prior to the mag coming out.

This is a part ex boat owned by someone away from the south coast he said and they valued it for him to put a deal together, my opinion is they dont want to go back with my offer because its low and does not reflect there valuation therefore making them look incompetent and it looking like they only did it to warm up the deal for there benefit.
 
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they only did it to warm up the deal for there benefit.

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Perish the thought................!!!!


/forums/images/graemlins/laugh.gif /forums/images/graemlins/laugh.gif /forums/images/graemlins/laugh.gif
 
IMO as a broker myself I always forward serious offers that means with a signed letter of intend and subject to normal purchase conditions
low how much it is, unless I had a similar offer a week before it is the owner who has to decide the final word of the sale...
 
Quite right it is the owners decision as its his asset, have spoken to the broker yet again this afternoon also spoken to his boss who has made enquires to the owner at last.

At the moment were still apart on the price, given that its costing around £300 per month in storage charges, it needs to be looked after and presented in a clean condition to get a sale I dont think it will be long before he changes his mind as the dark nights are fastly approaching.
 
When a broker doesn't put forward your offer that in my book means it's ok to contact the seller direct (if you can locate them) and deal direct. I've probably upset a few brokers now.
 
When selling houses the agent has a legal obligation to put forward any offer made, so why is this industry so different?
I would be furious if I knew an agent had taken a decision away from me about my boat,
 
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Quite right it is the owners decision as its his asset, have spoken to the broker yet again this afternoon also spoken to his boss who has made enquires to the owner at last.

At the moment were still apart on the price, given that its costing around £300 per month in storage charges, it needs to be looked after and presented in a clean condition to get a sale I dont think it will be long before he changes his mind as the dark nights are fastly approaching.

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The trouble is you`re just too mean! You need to get out there and spread the wealth /forums/images/graemlins/smile.gif

I think all this talk of offers, hard times, stuff not selling etc is all relative. A good boat for sensible money will always find a home. Buyers always assume vendor`s backs are against the wall and that just isn`t the case. It may be costing £300 a month to keep a boat somewhere but if you`re bidding the bloke £20k less than he thinks it will realistically achieve then he`s got a few months storage in hand!

It`s always hard to value a boat, especially when so many are on the market for intergalactic prices. In the end I think it`s just a case of everyone being sensible.

Henry
 
Hi Henry its the boat behind your old 42 in the yard, I take it you sold yours then? did you see the cutlass bearing on the port shaft of your old boat, it was that far gone it had actually ridden up the shaft, after Id given it a look over it eneded up on the floor, surprised you didnt notice any vibration from it.

Regarding you commentabout spreading my wealth I have every intention of doing when the right boat comes along, were not all as lucky as you to have 2 boats, or the means to buy a new one without selling the other one first.

Hope the new prinny is living up to your expectations.
 
I`ve just had both the cutlass bearings replaced as well as the hull polished. Oddly enough there wasn`t any vibration at all, although the plastic had worked it`s way up the shaft there was still enough inside the bracket to stop the shaft moving.

I think the boat is sold although I`m waiting for a deposit so it`s not sold until the fat lady sings. We were waiting for confirmation on the Vat status which we now have so fingers crossed the chap comes up with the folding ! I must say you`d have thought the broker would forward your offer regardless. Certainly I`d want to know of all the deals on the table.

The new Princess is lovely. I`ll post something when I`ve got time.

Henry
 
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