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Old 08-01-2015, 10:12   #16
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Re: Too much of a good thing! Too many buyers for one boat.

Given that you're scheduling the three on Saturday, I would tell them that you'll accept an offer but it is subject to the other two driving there having a chance as well. The one on Sunday would be subject to it selling on Saturday and could be called in advance.

I think of it much like a Realtor's Open House in which they do accept multiple offers. Now the risk is one changes their mind. But you get their signature and a deposit on an offer sheet while you wait to sign one until all three have seen it. As long as you're open and honest there's no problem. I think most would respect you've made commitments to others. Worst thing you end up with a bidding war...oh woe is me.
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Old 08-01-2015, 10:19   #17
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Re: Too much of a good thing! Too many buyers for one boat.

Alright CTL411, I'll bite...LOL. I looked, Renegade in Hingham, MA, may have been on your list, the others are gone....probably sold for much, much less than asking..

Sorry for the thread drift....friends hamming it up.
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Old 08-01-2015, 10:22   #18
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Re: Too much of a good thing! Too many buyers for one boat.

Maybe you should raise the price!
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Old 08-01-2015, 10:28   #19
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Re: Too much of a good thing! Too many buyers for one boat.

Sellers tell tales also so the buyers probably think your just saying that. Once you tell some I've that if they really want it they would drive there now. Set your appts take the first cash and approve loan ect. If you get a buyer call the others and let them know its sold.

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Old 08-01-2015, 11:00   #20
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Re: Too much of a good thing! Too many buyers for one boat.

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Alright CTL411, I'll bite...LOL. I looked, Renegade in Hingham, MA, may have been on your list, the others are gone....probably sold for much, much less than asking..

Sorry for the thread drift....friends hamming it up.
Email sent.
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Old 08-01-2015, 11:16   #21
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Re: Too much of a good thing! Too many buyers for one boat.

How about telling all of them you will hold an auction?
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Old 08-01-2015, 12:53   #22
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Re: Too much of a good thing! Too many buyers for one boat.

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You could let them all see the boat and make offers. Be upfront about this and tell them no second round of bids( not a bidding war). Also after bids come in chose the one you like most. Beware of the "subject to survey" you might be better off taking a lower "buy it now" bid.
I agree totally, I actually don't do individual showings when selling a boat anymore, you end up wasting too much time with "professional shoppers" who come and look but never bid. I usually set up a showing time with generous hours on a given day and let the prospective buyers come at their convenience during that period. My time is too limited to afford the luxury of multiple showings, if their serious they'll make time to do it.
If your getting that kind of response just show it Saturday and Sunday and let the chips fall where they may, if you get a serious cash buyer take the cash if there's no subject to survey restriction. If it ends up with a buyer using the "subject to survey" clause make sure to put a definite time limit to that buyer to get it done and keep the offers from others open. Most of all, be open with the other buyers about the nature of the sale, if the original falls through you still have options.
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Old 08-01-2015, 15:18   #23
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Re: Too much of a good thing! Too many buyers for one boat.

Just be up front with them. First with cash in hand. Cash not a rubber check. Bidding up, I don't think so. Take your asking you probably planned on coming down.
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Old 10-01-2015, 08:06   #24
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Re: Too much of a good thing! Too many buyers for one boat.

Be sure & let us know what happens!
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Old 13-01-2015, 07:55   #25
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Re: Too much of a good thing! Too many buyers for one boat.

So what was the update

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Old 13-01-2015, 09:32   #26
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Re: Too much of a good thing! Too many buyers for one boat.

Subject to prior sale.
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Old 16-01-2015, 13:57   #27
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Re: Too much of a good thing! Too many buyers for one boat.

Had a similar situation with potential buyers, and shared the same concerns you mention in this post.
Long and short of it, I was just upfront in letting all know there were several parties interested, sounds like a pressure tactic I know! And I hated that, but that was the reality, first by who looked at it said he was very interested, this was on a Thursday. Buy the time he put an offer on it, on Saturday, it was already sold to the second guy who looked at it on the spot (Friday).
Was able to contact the other two parties prior to them showing up..
My advice is as most mention here, cash in hand takes it, there are always tire kickers so to speak.
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Old 16-01-2015, 15:45   #28
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Re: Too much of a good thing! Too many buyers for one boat.

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So we've had our Columbia 29 for sale for a little while now. We've had some interest, then it was summer and I stopped/slowed on my trying to sell it. Once the fall hit I relisted it and updated my sales ads with the seasons worth of projects behind us.

Then it happened... All of a sudden I got a few phone calls. Then a few more emails. Then more phone calls, and a showing. Now I have a problem I have 4 people that want to see the boat THIS WEEKEND, 3 on Saturday, 1 on Sunday! When it rains it pours! The problem I have now is 2 guys have a 3-1/2hr drive to come see it, one guy lives locally, and the third is a 10hr drive.

What do I do! I've started by being upfront with all of them and telling them I have other interested parties. All 4 of them say they are very serious and one said if it was as described (and it is) that he is more than happy to give my full asking price. Do I just tell them first come first serve, whoever puts cash in my hand first has it? I hate to make someone drive 3-1/2 hrs only to tell them the other guy got there 5 minutes earlier. Ahh first world problems eh? What would you do?
Sooooooooooo .... anyone show up?
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Old 16-01-2015, 15:51   #29
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Re: Too much of a good thing! Too many buyers for one boat.

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Sooooooooooo .... anyone show up?
Yes, notice he didn't come running back telling us what happened. Unfortunately, people show a much higher level of interest on the phone and even in person but when it comes to money exchanging hands, not as good.
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