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Old 07-14-2016, 04:28 AM   #48
folivier
Senior Member
 
Join Date: Aug 2008
Posts: 265
Here's a case in point. A certain model we're looking at has 4 for sale right now that are very comparable. They range from $60k, $80k, and $130k. We looked at the $130k one since the broker said the seller has health issues and needs to sell. From the highest asking price we expected the boat to be in very good to excellent shape and turnkey with recent electronics, etc. Well it was very much not the case. Had large soft spots on foredeck around pulpit, to the point of hearing cracking when walking on it. Quite a few mildew stains around the windows. Oily bilge looks like it had water at least a foot deep at one time. Water stains and almost rotten wood in closet. Dated electronics. Very dirty. Air conditioners not working properly. Gouges in hull sides. And a few other problems. Talking with the listing broker we probably could have gotten the price down to the others on the market. But why not look at the others first, which we will do soon. If we would have made an offer on that one it could have been truly insulting.
My point is the listing broker and buyer have no clue what the boat is worth in todays market. It badly needs $30-40k in work and still would not be worth any more than the other lower priced ones.
Why do people not take care of boats then try to sell them in this condition overpriced?
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