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 Catalina/Capri 25/250 Sailor's Forums
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 How Far Would You Go to Sell Your Boat?		  New Topic  Topic Locked
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GaryB
Master Marine Consultant

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USA
4304 Posts
Initially Posted - 05/24/2014 :  14:11:00  Show Profile
Just a thought in response to the other thread about how far would you go to buy a boat.

It seems that in some areas of the country some of you are having a problem selling your boats or having to almost give them away.

Has anyone thought about moving their boat closer to a region that is moving boats?

For those 2 - 4 hours from a coast line it seems like it might make sense to trailer (when possible) your boat to a marina and put it up for sale.

Just a thought.

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GaryB
Andiamo
'89 SR/WK #5862
Kemah,TX
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shnool
Former Capri-25 Tech Editor

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USA
1032 Posts
Response Posted - 05/24/2014 :  17:08:01  Show Profile  Visit shnool's Homepage
I've offered to deliver the boat within a days drive of my home. That puts most of the east coast in play.
I think picking 1 place to put the boat that is "busier" would be a tough one place to find.

I submit that those who sail are an ever dwindling number of people... and that compounded with (at least my boat) being a very specialized race boat. It's OD capabilities are pretty much ONLY Wayzata Yacht Club (which I should probably checkout the boat all over and see if it's still within the OD limits for their club). Otherwise it's only going to appeal to someone looking for a trailerable day sailing hadicapped racer.
Edited by - shnool on 05/24/2014 17:10:41
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OJ
Master Marine Consultant

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USA
4382 Posts
Response Posted - 05/24/2014 :  20:03:58  Show Profile
It's a numbers game I suppose. If you are not there to show the boat, then you turn it over to a broker? What's the commission %? Are you taking the boat to a captive market (like mine) where there are fewer boats (and buyers), or perhaps an active sailing market where there may be a surplus of boats?
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awetmore
Master Marine Consultant

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USA
1144 Posts
Response Posted - 05/25/2014 :  07:10:53  Show Profile
Brokers commission is generally 10% with a minimum of $2000. So for most Catalina/Capri 25' models selling through a broker is a very expensive option.
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GaryB
Master Marine Consultant

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USA
4304 Posts
Response Posted - 05/25/2014 :  09:24:07  Show Profile
My thought was based on taking it to an active market and either put it in the water at a marina or as some people in my area do put it a boat assignment yard.

The idea being you would need to be willing to drive 2 - 4 hours possibly several times with the hope of selling it at a higher price than in ones local area. If you have several interested parties, try to schedule everyone on the same trip at different times.

If you can market it in a more active area and sell it within a month or so for several thousand more than in your local area the risk would be worth it. Obviously if it doesn't sell as expected you would eventually reach a point of diminishing return and would have to bring it back home to sell but at least you gave it a go.

For the areas that have depressed markets it seems like to might be worth it rather than giving you boat away.
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Stinkpotter
Master Marine Consultant

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Djibouti
9081 Posts
Response Posted - 05/25/2014 :  20:08:39  Show Profile
The broker network has some value here... A broker in Missouri can share the commission with one in Michigan, and brokers can list on Yachtworld.com where many people look--that alone can add few thousand to the final deal. Then the broker qualifies the prospects, shows the boat, negotiates the deal, helps with survey and sea trial arrangements, and delivers the funds.

Full disclosure: I didn't sell that way, but I bought through a broker and was kind of glad I did.
Edited by - Stinkpotter on 05/25/2014 20:09:02
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Notice: The advice given on this site is based upon individual or quoted experience, yours may differ.
The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.