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Old 02-17-2016, 03:24 PM   #13
BandB
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City: Fort Lauderdale. Florida, USA
Join Date: Jan 2014
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Quote:
Originally Posted by TDunn View Post

3. An asking price that is too high for the boat's condition. I won't even look it the asking price is out of line.
Interesting. That's an issue I've debated with several people. How far above your top budget do you look? I have acquaintances who won't look more than 10% above. Meanwhile I've seen a lot of boats sold with far more of a discount from the listed price. One thing I've seen is that sometimes the broker doesn't agree with the listing price but the seller insists on it. The broker believes though that the seller will come down if he gets an offer.

I consider asking prices to potentially be very negotiable. We paid 17% less than the just reduced listed price on our house and 22% less than the price had been two days earlier.

I do know there are many people like you and whether boat or house the sure way to discourage sales is to list too high. People think they can lower it later if it doesn't sell, but by then it's a stale listing and no one is interested.
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