Breaking All the Rules ...

[Wotname]

Originally Posted by hoppy

Maybe $200 international to Darwin is possible from Bali or Timor. Lots of potential buyers in those places 😃


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Hmm...Denpasar to Darwin this Sunday $900; Return on Wednesday, $200.

Looks like it better to inspect a boat in Denpasar than Darwin...

[hoppy]

Originally Posted by Wotname

Hmm...Denpasar to Darwin this Sunday $900; Return on Wednesday, $200.



Looks like it better to inspect a boat in Denpasar than Darwin...

Next weekend I could go to Darwin from Melbourne for $583. Landing at midnight Friday night and returning 1:30am Sunday. No need for time off work and only one night in a hotel needed.

Given Darwins isolation I think you could charge a high price if a local wants the boat, but to sell to a fly in buyer, the boat needs to be keenly priced from the outset or the owner needs to give the impression they are keen to negotiate.


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[Cadence]

Originally Posted by homeless

If someone takes the time to call me and ask questions about the boat or go and visit it, they are probably serious. If they submit a low offer by email without knowing anything about the boat they are more interested in getting a good deal than the actual boat, have probably submitted offers on many other boats, and will probably get cold feet a few weeks later after wasting my time.

The idiots who wasted a week of my time in Cairns with inspections, sea trials, survey, then lowered their offer before even receiving the survey had done something similar to at least one previous seller and been rejected. Tyre kickers wasting people's time in the hope of forcing them to drop their price. Best to avoid problems by first confirming that the buyer actually wants the boat, can afford the boat, knows the condition of the boat, and knows that the price is not flexible.

I would also suggest that someone who thinks it is expensive to fly to a boat to view it cannot afford to own a boat.

Use the approach my brother used when a guy flew in to look at a Corvette. After sufficient rides and tire kicking, he just told him this is the price you can buy it or I'll drive to the airport. Sold!

[Exile]

Not sure what the boat market's like 'Down Under,' but here on the US e. coast it never really recovered from the big 2007-08 crash. I'm told inventories are down a bit, but it seems there are still a lot of bargain hunter buyers focused more on the 'deal' vs. the boat, as homeless has described. Unfortunately for sellers, this has created expectations of a significant discount b'twn. asking & selling price even amongst good faith buyers. I've seem this vary from roughly 10-15% before survey, with the inevitable wrangling that often occurs post-survey.

I know nothing about valuations for homeless' boat, but it could very well be that he has already factored these discounts into his asking price. The only problem I see is even serious buyers might refuse to pay any asking price given the overall softness in the market, regardless of how fair that asking price might be. Then there are the 'known' variables which buyers worry about on any used boat purchase, compounded perhaps by some of the 'unknown' variables on homeless' boat.

Regardless, and after all his work bringing this beautiful boat from salvage to functional condition, I surely hope homeless ultimately gets a fair price. If not now then down the road when I imagine he will have eliminated more of the 'unknowns.' Either way, I look forward to additional posts about maintenance & sailing. Best of luck with it, homeless!

[Seymore]

Originally Posted by Jim Cate

Homeless, that's a crock!

I begin to fear that you have become embittered by your long struggle... seems that you used to have a more cheerful outlook on life.

Hangin there, mate, better times comin'!

Homeless, what Jim Cate said. You're into negotiations and selling, what you're seeing is exactly how these things are so above all relax and enjoy yourself doing so.

As far as emailed lowball offers go, give them a quick polite boilerplate response very slightly lower than your asking price. Costs you nothing. What you want is communications leading to a good offer. You can always say "$nnn,nnn firm" to establish take it or leave it.

If you want to continue the way you are, you can do what I usually do. I hate the pressure of negotiations, and list items for sale with the "$nn firm", no deviation.

Homeless, gather yourself together and GO SAILING. Go and enjoy yourself! Uh, leave the listing up...

[homeless]

Interesting seeing the replies from the peanut gallery above. Really, how does anyone on this forum think it is any of their business how I sell my boat, how I price it, or what I pay for airfares ??? You guys really need to get a life.

Definitely time to end this thread and depart these forums forever.

[Terra Nova]

Originally Posted by homeless

A month ago I bought a 50 foot 1987 aluminium yacht, on a mooring, in another country, with no inventory, no survey, no viewing, sight unseen. This is my first boat, and I intend to sail it for a year or two, then sell it for a profit...

Originally Posted by homeless

Interesting seeing the replies from the peanut gallery above. Really, how does anyone on this forum think it is any of their business how I sell my boat, how I price it, or what I pay for airfares ??? You guys really need to get a life.

Definitely time to end this thread and depart these forums forever.

Well, 16 months of yachting may not have been your cup of tea.

[Jim Cate]

Originally Posted by homeless

Interesting seeing the replies from the peanut gallery above. Really, how does anyone on this forum think it is any of their business how I sell my boat, how I price it, or what I pay for airfares ??? You guys really need to get a life.

Definitely time to end this thread and depart these forums forever.

Oh come on, Homeless... if you didn't want input from the peanut gallery, why the hell have you been posting all this stuff about your criteria for selling and dealing with potential customers?

Now you threaten us with your withdrawal! Well, you have provided us with some interesting stories and an unusual outlook on life, but if you find us (in aggregate) unsatisfactory company, well cheers and be well in your endeavors.

We'll be here the next time you need some advice or comforting; meanwhile i'm pretty well satisfied with the life I already lead.

Jim

[Wotname]

Originally Posted by homeless

Interesting seeing the replies from the peanut gallery above. Really, how does anyone on this forum think it is any of their business how I sell my boat, how I price it, or what I pay for airfares ??? You guys really need to get a life.

Definitely time to end this thread and depart these forums forever.

Hoo roo.

[David_Old_Jersey]

Selling a boat requires kissing a lot of frogs.

Suck it up or prepare for long term continued ownership. And bills.

[Wakey]

Selling a boat is like selling a house, it's a business transaction.

Letting emotion enter the matrix is a mistake, the same with posting on the Internet.

Thicken your skin, stick around, sail around or sell the boat, just put it in perspective.


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[Cadence]

Originally Posted by homeless

Interesting seeing the replies from the peanut gallery above. Really, how does anyone on this forum think it is any of their business how I sell my boat, how I price it, or what I pay for airfares ??? You guys really need to get a life.

Definitely time to end this thread and depart these forums forever.

Don't go away! I feel sure many of us have been enjoying following you exploits and are hoping for a successful conclusion.

[Iaangus]

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[Reefmagnet]

Wow, interesting thread. I do think potential buyers that pass around low ball offers on sight unseen boats should be considered as little more than time wasters and treated accordingly. Anyone who is serious about a particular boat and feels the price is within the ballpark and budget will make an effort to inspect or ask for very detailed information at the very least. Why wouldn't they?

On another note, this thread has demonstrated just how difficult it can be to make money by buying and flipping non trailerable boats. I guess there's a reason they're often referred to as "holes in the water you shovel money into".

[GILow]

Originally Posted by Reefmagnet

Wow, interesting thread. I do think potential buyers that pass around low ball offers on sight unseen boats should be considered as little more than time wasters and treated accordingly. Anyone who is serious about a particular boat and feels the price is within the ballpark and budget will make an effort to inspect or ask for very detailed information at the very least. Why wouldn't they?

I wonder if it depends on the boat in question. When selling a dreadful old 16 footer many moons ago, I got a much higher sight-unseen to actual viewer offer ratio than when selling a very tidy little trailer sailor a few years later.