Chris-380
Well-Known Member
View attachment 95249
That's pretty much what I was told by the broker. He said it common to hear from prospects that they have been watching a particular boat for a while and waiting for the price to come down. We did sell our boat for a premium to the first person to look at it. However, we had to reduce the price by $2,000 to make the sale happen. I have not seen another sale equal to what ours sold for so I believe we maximized the price. And, the buyer got a boat that was close to Bristol condition and is loving it. A good time was had by all. Selling is an emotional experience for the seller as well as the buyer. Many people think their boat is better than others and worth the price they ask. This is seldom the case.
We just went through this with selling our lake house. There were 6 homes on the lake that were priced about the same. Ours received 4 offers and closed. The other owners were shadow pricing ours but the properties were not quite as nice. Those homes are still on the market accruing taxes and heating costs. We have our money invested. Once again it boils down to setting a realistic price.
My last boat was a 268 vista, Bristol condition. Priced it about 10% lower than what I thought was possible max sale price. First guy that looked at it came back with about 15% off that. I told him “no thank you, I set the price at what I wanted to sell it for”.
He came back in a couple weeks and admitted what I told him and that he can find cheaper, but he won’t find as nice for that price.....
It was January, he bought it without a test drive. I sold it for what I paid, but the upgrades I lost on, but was glad I did them. Actually see the boat often....
I like to tinker and improve my boat. I got to enjoy the boat with the upgrades, and it sealed the deal imo
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