Kind of Sad News

M

MarkNewbie

New Member
Apr 27, 2010
165
Indiana
Boat Info
340 Sundancer 2006, All the goodies.
Engines
Twins. 8.1 V-Drives
Just curious of the best way that you folks have found for selling your boat. I am trying to sell my 06 340 Sundancer. Have it on eBay and BoatTrader.

Not really wanting to broker her as they want 10% of the selling price.

Thoughts and ideas?
 
We've sold and bought a few on Craigslist. Gotta watch out for the scams though. There will always be someone who's from out of town that's interested in "your item for sale in ad". Kijiji in Canada works well too, you could try running the ad in Chatham/Kent or Windsor, I think those are the closest areas to you. I'm in Canada and we've bought our last two boats from the USA. We found them both on Craigslist. What about this site, I think we've got a classified heading up there somewhere too? Good luck. Are ya downsizing, upsizing or trying to quit? (the latter never works)
 
I have purchased 2 boats & sold 1 on Craigslist - No problems but the boats I am buying/selling are nowhere near the caliber of boat you are selling but it's free & might be worth a shot.

LK
 
Chris Nowell said:
We've sold and bought a few on Craigslist. Gotta watch out for the scams though. There will always be someone who's from out of town that's interested in "your item for sale in ad". Kijiji in Canada works well too, you could try running the ad in Chatham/Kent or Windsor, I think those are the closest areas to you. I'm in Canada and we've bought our last two boats from the USA. We found them both on Craigslist. What about this site, I think we've got a classified heading up there somewhere too? Good luck. Are ya downsizing, upsizing or trying to quit? (the latter never works)
Click to expand...

I have not put it on here as of yet. We are selling because the wife (Admiral) wants a much larger house for entertaining our blended family. She's the boss as they say. I did put it on Craigslist but got a bunch of people wanting to take her for a ride but could not afford it. One guy went as far as to say he had never been on a boat that big and it would really be a treat if I could take him and his girlfriend out for a day. Said he would pitch in for gas...<had to laugh at that one>
 
MarkNewbie said:
I have not put it on here as of yet. We are selling because the wife (Admiral) wants a much larger house for entertaining our blended family. She's the boss as they say. I did put it on Craigslist but got a bunch of people wanting to take her for a ride but could not afford it. One guy went as far as to say he had never been on a boat that big and it would really be a treat if I could take him and his girlfriend out for a day. Said he would pitch in for gas...<had to laugh at that one>
Click to expand...
Dump the wife, steal your buddies girlfriend, and keep the boat!
 
Mark, I did the same thing when I fell on hard times last year and in my opinion, people looking for a boat THAT nice are not looking on craigslist. Again, just my opinion. Now what I also did was contact my original broker and offered him a finders fee should he put me in touch with a potential buyer, but that never panned out.

Good luck to you anyway:thumbsup: and let us know how you make out in the end result.

I'm on the other end of your spectrum, youngest just graduated from H.S. and our house is/was the party house for the longest time. We are currently thinking of downsizing to a 2-3 bedroom home.
 
I just took a look....if I could sell mine fast. That's a good looking boat
 
I've been on it and can vouch, it is a sweet 340. You've got it listed in the right places, but the market for a boat with that many zeros in the price is a very small market these days.
 
MarkNewbie said:
Just curious of the best way that you folks have found for selling your boat. I am trying to sell my 06 340 Sundancer. Have it on eBay and BoatTrader.

Not really wanting to broker her as they want 10% of the selling price.

Thoughts and ideas?
Click to expand...

Hire a broker.

A reputable one, though.

For years companies and individuals have tried to get by without a sales force but they always come back to the truth that professional sales pays for itself in many ways. Those that got by without often do not know what they lost or they were lucky. Few people can negotiate on their own sales without letting their personal needs affect the deal.

A broker should get you the best price you will get from your vessel.

Good luck, MM
 
I also think a good broker is the only way to go, but really, do brokers want 10%? I believe our seller paid 6% when we purchased our 320, more of a standard real estate commission 3% sellers and 3% buyers agent. I would think that should be negotiable, really, if you have a well presented boat that will be "easy to show and sell" perhaps you can find a good broker who would take less just like you have Redfin and Helpusell in the real estate markets that will go as low as 1.5% and at least get you on the MLS. What you need the broker for is that it's got to be listed on Yachtworld, that's one of the main places someone is going to go to look at a boat of this size and price range. Its also national, and people will travel for the right boat. You need it properly marketed too, brokers are good at that. The market is firming up since Sandy and the economic turnaround for boats like these, a doppleganger for my boat recently sold for $15k more than I paid, same condition, year, hull color, and all the same options but double my boat's hours.
 
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Check out yacht sales consultants. They are primarily a sea ray broker. The owner Matt is great to deal with I looked at a 340 that they listed. I believe there commission is 5 %. They list boats all over the country. I do believe with the low commission some of the responsibility is on the owner as the boat I looked at was shown to me by the owner of the boat.
 
MonacoMike said:
Hire a broker.

A reputable one, though.

For years companies and individuals have tried to get by without a sales force but they always come back to the truth that professional sales pays for itself in many ways. Those that got by without often do not know what they lost or they were lucky. Few people can negotiate on their own sales without letting their personal needs affect the deal.

A broker should get you the best price you will get from your vessel.

Good luck, MM
Click to expand...

Well said.
IMHO we are not talking about a small run about boat here. How long have you been trying to sell it yourself, what is you carrying cost. Not sure about your real estate market but are prices increasing? How much is that going to cost you when you have wait on that purchase.
 
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Boat Guy said:
You might take a look at this:

http://www.thehulltruth.com/anglers-edge-marine/173132-what-we-do-anglers-edge-marine.html

I know if I was selling I would consider it. From my understand you give the brokerage a flat fee and they promote it on all the sites. You show it yourself.
Click to expand...

This stuff always makes me laugh. It only works for a few lucky ones while the faux "broker" makes their money. What is their goal? Get boat sellers to pay them to post pictures on the internet. They do not care if you sell. They just want to get the most people to sign up for their service.

Most brokers must sell to get paid. A good broker will know what tools to use and how to use them to sell your boat. They will provide expert advise throughout the marketing, negotiating,and closing. This is what a broker is paid for, not posting pictures. I would be shocked if most vessels over $50k were not sold by brokers. These boats are owned by some of the smartest and most successful people in society, and most will use a broker.

But of you did stay at a Holiday Inn last night, try it...

MM
 
I just sold mine and used a broker, my local Sea Ray dealer. The amount of time dealing with hull kickers, dreamers, and the like is worth the money spent. They floor planned it, showed it, sold it. All I did was sign the title over. I did my last boat on CL and it took 6mos. I didn't even want to know the amount of hours I spent showing it to people who didn't have 2 nickles to rub together.

I bet you can negotiate the commission especially on a such a clean boat. Should be easy for them to move.
 
Jaay757 said:
Check out yacht sales consultants. They are primarily a sea ray broker. The owner Matt is great to deal with I looked at a 340 that they listed. I believe there commission is 5 %. They list boats all over the country. I do believe with the low commission some of the responsibility is on the owner as the boat I looked at was shown to me by the owner of the boat.
Click to expand...

I worked a deal through Matt at YSC as well. Out of state purchase for us that went PERFECTLY. After the sale assistance as well. He really knows Sea Rays and their strong points. He's at least worth a call so you can hear his approach. Matt Lavin 772.463.2645.
 
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MonacoMike said:
This stuff always makes me laugh. It only works for a few lucky ones while the faux "broker" makes their money. ......
Click to expand...

Before discounting it, why don't you check out the link. The broker is highly regarded on THT forum and that's a big site. It might not be for everyone, but the OP was looking for options. This clearly is working for some people.

I can tell you, just going through the buying process, I don't have the best opinion of brokers. I would say 90% of brokers I contacted never even contacted me back or followed through. Even when I explained I'm stroking a check and the deal I make is only contingent on surveys. It felt like I was doing them a favor. I would much rather deal with an owner that knows the boat than a guy that tries to keep us apart and says "It is what it is"... I'm so sick of that line. It seems that a lot of crap brokers use it.

I'm certain that a lot of owners never even knew I was interested in their boats because I didn't put a "contract" on it.

Anyway, all I'm saying is that their are options and some work for others, and some don't.

Good luck OP
 
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