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-   -   cheap boats (https://www.offshoreonly.com/forums/general-boating-discussion/202721-cheap-boats.html)

tim brown 02-05-2009 09:57 AM

cheap boats
 
if a guy does not respond to a low offer on a classified ad why would you send him another offer even lower than before ? If I was desperate I wound not be into boating . I sure wish I could buy a nice 29 fever for $26000. :ernaehrung004:

GB 02-05-2009 10:15 AM

I take it you don't own or followed their stock here resently...

:party-smiley-004:

BAJA WILL 02-05-2009 10:23 AM

Not sure I follow, but if someone sends a very low ball offer, I respond that, maybe this is not the type of boat that is right for you. I get chit like that all the time. Just lower your asking price until you reach an agreement with a buyer.

Just some advise, if you are getting many screwball offers, tell they to put into writing, with check in hand.

WILL

fountainracing65 02-05-2009 11:20 AM

Great point Will. I am in real estate and we get HUNDEREDS of calls a week with dipchit offers. We don't even look at anything without a purchase agreement and a NON-refundable earnest money check for at least 5%. There are people out there with NO money kicking tires and playing games. We look at ALL offers also but only under the conditions I said above. If the buyer really has interest the will get the deal in writing. If they want to write a bunch of contingencies in the deal thats fine at least you know they are serious enough to put the deal in writing.

tim brown 02-05-2009 12:20 PM

cheap boats
 
well for what its worth I sold the boat . listed for 39k , sold it for 35k :ernaehrung004:

dreamer 02-05-2009 12:32 PM

nice

fantastixvoyage 02-05-2009 12:34 PM

Tim was that a single fever or twins? I'm looking to sell my Phantom in the spring and trying to get a feel for the 28-30 market so i can price it right.

NKissau 02-05-2009 12:40 PM

Congrats on the sale! I don't get it either. Not everyone who is selling a boat is doing it out of distress. I would sell mine yesterday and tomorrow I'd be buying something bigger. Yet everyone assumes I am in trouble because my boat is for sale. One guy offered me $75,000 LESS than my asking price. I asked him to please leave my property:mad:

Baja_man 02-05-2009 01:46 PM


Originally Posted by NKissau (Post 2793652)
Congrats on the sale! I don't get it either. Not everyone who is selling a boat is doing it out of distress. I would sell mine yesterday and tomorrow I'd be buying something bigger. Yet everyone assumes I am in trouble because my boat is for sale. One guy offered me $75,000 LESS than my asking price. I asked him to please leave my property:mad:


Alot of people are in distress when selling a boat, the buyer has no way of know who is and who isn't. If you get that low ball offer simply tell him your not interested. The market really sets the conditions for price. What YOU think its worth does not mean it is worth that. I think prices over the last few years have really been inflated and they are coming back down to where they need/should be. NADA has done a good job to value boats at current market value so if your selling that is a great place to start with price.

GB 02-05-2009 01:51 PM

Congrats

tim brown 02-05-2009 03:33 PM

cheap boats
 
my 29 fever was a single with 500hp blue motor. I bought it for $41k 2 years ago . I know the market is down an I priced it accordingly at $39k and let it go for $35k . I have allready bought a 35 exacutioner . is it fun to be a boater ? he!! yea. :ernaehrung004:

fantastixvoyage 02-05-2009 03:35 PM

Good info, thanks tim.

DareDevil 02-05-2009 05:49 PM


Originally Posted by fantastixvoyage (Post 2793777)
Good info, thanks tim.

Don't sell that Phantom tooooo cheap . If u do i take it ,LOL:drink:

Jigsaw89 02-05-2009 11:01 PM

Congrats on the successful flip, Tim B. As I'm sure you know, buying a boat is no different than buying a car for that matter. It's all about the purchase price and quality of the item. Sure, we all pay a premium for something we gotta have, but if you go about it logically and get a fair to great buy then there's no reason you can't get use out of the item for a year+ and not lose your shirt when selling.

fr65, the only way I would enter into an agreement with a 5%+ non-refundable earnest money deposit is if the property was significantly undervalued or the contract had a clause for thirty-day “due diligence” period to conduct all inspections relating to the property, etc. I can't imagine a buyer entering into an agreement with a non-refundable clause otherwise. What's your standard procedure?


Originally Posted by fountainracing65 (Post 2793599)
Great point Will. I am in real estate and we get HUNDEREDS of calls a week with dipchit offers. We don't even look at anything without a purchase agreement and a NON-refundable earnest money check for at least 5%. There are people out there with NO money kicking tires and playing games. We look at ALL offers also but only under the conditions I said above. If the buyer really has interest the will get the deal in writing. If they want to write a bunch of contingencies in the deal thats fine at least you know they are serious enough to put the deal in writing.


jeff1000man 02-05-2009 11:13 PM


Originally Posted by fountainracing65 (Post 2793599)
Great point Will. I am in real estate and we get HUNDEREDS of calls a week with dipchit offers. We don't even look at anything without a purchase agreement and a NON-refundable earnest money check for at least 5%. There are people out there with NO money kicking tires and playing games. We look at ALL offers also but only under the conditions I said above. If the buyer really has interest the will get the deal in writing. If they want to write a bunch of contingencies in the deal thats fine at least you know they are serious enough to put the deal in writing.

NON- Refundable Earnest money check for 5%.

Not sure I am beleiving that one. Do your listings know this?

I have bought 2 houses for myself and have neve put down more than 2K for a depsoit on a house and it was never non refundable. The 1st house was only $500.

If you don't look at offers without those conditions, doesn't that put you in a bad position with your sellers if you missed a legit buyer.

I think in TX, our listing agents are REQUIRED to inform the seller of ALL offers submitted by a potential buyer.

Just asking a question here. Not trying to start a war.

By the way, Congrats on the boat sale. You did good it sounds like.

Scotty Boy 02-06-2009 12:00 AM

fantastixvoyage,

you have mail

Scott

tim brown 02-06-2009 09:12 AM

I show the boat at my house, they want to hear it run , I pull it out and fire it up . if they want the boat I ask for $1000. non refundable deposit and 7 days to pay in full .


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