Reply
 
Thread Tools Search this Thread Display Modes
 
Old 09-03-2019, 02:00 PM   #1
Senior Member
 
City: St James City Fl
Country: USA
Vessel Name: Paradox
Vessel Model: Mainship
Join Date: Oct 2013
Posts: 165
Best Practice to Sell a Mainship 30 Pilot

What is your recommendation on best practice? Selling your mainship that you have set up for cruising. Now health forces plan change? I know some will suggest a broker and swear by the person. We have had bad experiences and do not want to use a broker. Our Ad in Boat trader was mixed up with another and they could not correct it for a week. We are on Craigslist but the tire kickers and people that don't know what they want are abundant. FSBO is hard work but anything will sell at the right price. The tax advantages and no fee sale would seem to be a no brainer.
__________________
Advertisement

Autoteacher is offline   Reply With Quote
Old 09-03-2019, 02:11 PM   #2
Guru
 
Comodave's Avatar
 
City: Au Gres, MI
Country: US
Vessel Name: Never Say Never
Vessel Model: President 41 DC
Join Date: Jul 2015
Posts: 5,477
I have sold boats both ways, FSBO and a broker. The broker route is easier but is costlier. I have sold the last couple boats myself through Boat Trader and they sold to the first person that came to look. My boats are clean and in excellent shape. I try to price them correctly and so far have had good success.
__________________

__________________
Boat Nut:
If you are one there is no explanation necessary.
If you arenít one, there is no explanation possible.
Comodave is online now   Reply With Quote
Old 09-03-2019, 02:13 PM   #3
Guru
 
djmarchand's Avatar
 
City: Litchfield, Ct/Punta Gorda, Fl
Country: USA
Vessel Model: Atlas Pompano 23
Join Date: Aug 2012
Posts: 4,778
Even though you had a bad experience with a broker, it may be worth rethinking. Most boats in the $50+K range are listed with brokers. Buyers looking for a $50+K boat go to Yachtworld first. So in general, a broker listed boat will sell for more than a FSBO boat. Why? Demand drives the supply/demand pricing equation.

Call up a few brokerages and ask to talk about listing your boat with them. If they sound reasonable, go see a few in person. Then for the final 1 or 2, ask them a straightforward but meaningful follow up question by email and see how they respond. That is the acid test. Any broker who won't respond in 24 hours isn't worth considering.

But if you still want to do it yourself, Boattrader.com is the most popular one. It is where I go when looking for a <$50K boat.

David
djmarchand is online now   Reply With Quote
Old 09-03-2019, 02:59 PM   #4
JLD
Senior Member
 
City: Maryland
Country: USA
Join Date: Mar 2017
Posts: 309
I understand the fee associated with going through a broker, but what is the tax advantage of selling the boat yourself?

Jim
JLD is offline   Reply With Quote
Old 09-03-2019, 03:13 PM   #5
Guru
 
Comodave's Avatar
 
City: Au Gres, MI
Country: US
Vessel Name: Never Say Never
Vessel Model: President 41 DC
Join Date: Jul 2015
Posts: 5,477
No tax advantage to the seller that I can see, but some states donít charge sales tax if you buy from an individual and not a broker or dealer.
__________________
Boat Nut:
If you are one there is no explanation necessary.
If you arenít one, there is no explanation possible.
Comodave is online now   Reply With Quote
Old 09-03-2019, 07:11 PM   #6
Senior Member
 
City: St James City Fl
Country: USA
Vessel Name: Paradox
Vessel Model: Mainship
Join Date: Oct 2013
Posts: 165
I worked the auto and truck industry enough to know how sales work and I know I am too honest. I scared the first looker off when I described how I serviced all the coolers and seacocks. I try to be transparent and detest a shifty salesperson. Thanks for the advice and tips. I have posted on FB, CL for FT Meyers Fl. I might try Boat Trader if I get too many spammers and tire kickers.
Autoteacher is offline   Reply With Quote
Old 09-04-2019, 02:23 PM   #7
TF Site Team
 
City: Westerly, RI
Country: USA
Vessel Name: N/A
Vessel Model: 1999 Mainship 350 Trawler
Join Date: Jan 2014
Posts: 1,769
You pay the broker to sift through the tire kickers and spend the time showing the boat to the tire kickers that made it through the initial vetting. It takes a lot of person-hours to sell a boat.

You pay whether in time and frustration or cash.
__________________

Shrew is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





All times are GMT -5. The time now is 02:21 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012
×