Some advice needed.

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dillydally

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Despite everyone saying boats are selling mine is not! I can't/wont drop the price anymore.

Am now toying with the idea of going for a boat share scheme! As it's really my financial situation that is forcing the sale.

How do I go about doing that? Its a 24 ft yacht by the way.

Any advice greatly recieved.
 
I don't know the age or value of your boat, but (having been there previously) most people looking for a boat share are looking for something a bit bigger - 32 - 40 feet.
Worth trying, and delighted if you prove me wrong.
 
"Despite everyone saying boats are selling mine is not! I can't/wont drop the price anymore."

You need to consider why your boat is not selling - certainly boats round here at that sort of size are moving quite well.

You say you wont drop the price: but is your price realistic compared to others of the same model? If you are priced top end to make the money you need, or get a return on your investment then that could be why people are walking away. The saying that second hand things are only worth what someone will pay is very true.

How actively are you advertising it? If you are just leaving it with a single broker, then it is unlikely to sell. It doesnt cost a fortune - Boat and Outboards is one of the best places as suggested previously. You have to get your boat known, and looking attractive to would be buyers.

Then the boat itself: like selling a house (those interminable Tv programmes that SWMBO watches avidly!) It needs to look smart, well equipped, and attarctive. A rough old boat sitting in a mud berth, with the remains of last weeks dinner in the sink will not compete with a smart clean tidy boat - it does happen!

Equipment - is it all there? Or have you taken off all the valuable bits like GPS and VHF to take with you. Buyers will take that cost into account too, and walk away.

Is the boat easily accessible? Between viewing a boat in a creek down a muddy lane, and a marina, there's no choice!

Most 'non sellers' are failing to go because of one or more of these factors. Price is the biggest: you are not the only one to be feeling the financial pinch and buyers will always be more inteterested in what they regard as a 'fair' or bargain price - whatver tye 'true' value of a boat is - disregarding that most 'bargains' are bad ones!
 
Sound advice about selling your boat above, so I'll respond on the boat share part of your question.

As has been said above, it may be a bit on the small side for the majority of sharers, but the capital cost should be smaller. There have been a number of posts over the years about boat share, and there's lots of good info in them - try a quick search (good luck with the search!).

I am in a syndicate of four and we have had a Jeanneau Sun Odyssey 32.2 for the last three years. It was a newly-formed syndicate as a result of an ad in boats and outboards - there's a section on boat share. The boat was purchased after the syndicate was established and we had agreed what we were looking for. I can send you our agreement - pm me if you'd like a copy. The RYA also do a contract.

I think that it may be difficult for you to look on 'your' boat as being truly shared with one or more other owner(s). This will certainly be a consideration for other potential partners.

I joined the syndicate as an experiment to see if I could get my wife into sailing. It worked very well and we now have our own boat, so the syndicate's being broken up and the boat's for sale. Two of the existing syndicate members are forming a new syndicate and buying a larger boat to cater for their changing personal circumstances, so the shared approach obviously works for them.

Good luck if you go down this route - I don't regret being a member of our syndicate.
 
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