Made an offer? Your Thoughts?
 

I made an offer yesterday on a boat. I got a call from the broker telling me that the offer might offend the seller. I think.........why would it offend the seller (he is asking $320,000). I offered $225,000. The last three boats of the same year and model sold for $235,000 in February 2004, $230,000 in April of 2004, and $250,000 in July of 2004.

Then the guy starts to argue that the BUC value is $330,000, yada, yada. I told the guy I could care less what BUC was, the last three boats sold in the area I am offering. Market value is market value regardless of what BUC says.

It is not a real big deal to me. If I get the boat great, if not great. But why would someone put a boat on the market for this much over what comparable boats sold for 6-9 months ago ? I think the listing broker is blowing something up someones third point of contact :D If someone buys it for this price, they are getting hosed :eek:

Any thoughts ?

Re: Made an offer? Your Thoughts?
 

1st) the worst thing he can say is no
2nd) Brokers only make you broke my .02cents
3rd) what kind of boat ect ect??

Re: Made an offer? Your Thoughts?
 

Ya id tell him to mull it over and give ya a call.. IMHO thats not how ya deal.. If you want to sell the boat for more you make a counter offer ..This thing with people being insulted is BS .. Its better than no offer at all !

Re: Made an offer? Your Thoughts?
 

what they said ...stick to your guns ....market is in the tank .....

Re: Made an offer? Your Thoughts?
 

I have had my cruiser for sale for about a year, I have lowered the price 60k. Its a buyers market not a sellers :rolleyes:

Re: Made an offer? Your Thoughts?
 

Book On my Nortech was 100K more than they were asking, The worst felling in the world is when you make an offer and they take the first one. I always start with about 2/3 of the asking price on boats.

Re: Made an offer? Your Thoughts?
 

Worst is you get a no.

The other thing is that if the boat was bought new the owner might be upside down on the deal with what he owes on it and can't afford selling it, literally.

Re: Made an offer? Your Thoughts?
 

Don't sweat it. The boat is only worth what someone will pay for it. I see boat's and car's for sale. There is a differnece between For Sale and Selling.

Re: Made an offer? Your Thoughts?
 

i say the owner is upside down on it.... probably a losing battle talking to this guy

Re: Made an offer? Your Thoughts?
 

I bought a boat a month ago for 70% of the asking price....and it was listed lower than any other I could find.....buyers are in the drivers seat. Tell them you can't afford anymore and let them sweat it.

Re: Made an offer? Your Thoughts?
 

Well the broker is most likely going to tell him its a crappy offer etc....but if he is out of the market's range he will be calling you back eventually no matter how "insulted" he felt. Always offer a little below market, if they are unrealistic it is not your problem. Remember business is business and emotions get left at home.

Re: Made an offer? Your Thoughts?
 

Hey, little Buddy. Nice Christmas card! Judy is still looking good. So what are you trying to buy? Call me when you can and happy new year, the Skipper.

Re: Made an offer? Your Thoughts?
 

offer $200,000 then

Re: Made an offer? Your Thoughts?
 

As already stated a boat is only worth what someone will pay for it. Sounds like the broker is Full of chit in this situation. If the seller is insulted WHO CARES...especially since it's not priced with the market.

Re: Made an offer? Your Thoughts?
 

If I was the seller I would "entertain" any offers ..All it does is give you a better feel for what the market will bare.. I cant stand it when I hear the "Insult" plea .. Its a physical object , if you have an emotional attachement to it.. seek pro help :drink:

Re: Made an offer? Your Thoughts?
 

Well the broker makes a comission as a percent of sale I bet so that is some incentive for him to want a higher offer.

I don't know how boat brokers are regulated but a RE agent has to present an offer no matter how poor.

Re: Made an offer? Your Thoughts?
 

Well, It appears I have taken the correct tack on the offer. I told the broker to submit the offer as is. If the guy takes it great, if he counters we can negotiate and if he blows it off, I have my money and he has his boat. By the way it is a 1999 43' Fairline Targa. It has been on the market for over 18 months. Would love to have the boat but not at close $100,000 over what appears to be market price.

Active Thunder. If the deal does not work out on this one, I will be in Miami in the middle of January to look at a 44' Camargue.........Judy and the kids will be along. It would be great if we could get together. :D :drink: :drink:

Re: Made an offer? Your Thoughts?
 

If I had my boat listed with a broker and the broker didn't present the offer, I would get rid of the broker. The broker should present the offer whether he likes it or not. If the boat has been on the market 18 months, the owner should be interested in any offer if he really wants to sell. He can always say no and if insulted too bad he can say h*ll no.

Re: Made an offer? Your Thoughts?
 

:D :D

My thoughts exactly :D :drink: :drink:

Re: Made an offer? Your Thoughts?
 

AT 21 I bought my first house this way. they wanted $99k and I told them all I could pay was $81k. MY agent thought that offer would insult them, but that's all I had. They took the offer that night. Makes me wonder if I could have gotten it cheaper.

Re: Made an offer? Your Thoughts?
 

When buying think of the Golden Rule: "He with the Gold Rules". Make your offer subject to survey, sea trial, engine survey, financing and insurance. This way if ANY of those do not meet your expectations, you can get your whole deposit back with minimum hassle.
Beware of people involved with your deal that have a vested interest. The real estate broker I was using on 10 acres in Davie made me miss a deal by not presenting my offer while trying to get a higher one.
Trust the least amount of people necessary.

Re: Made an offer? Your Thoughts?
 

Exactly...

Re: Made an offer? Your Thoughts?
 

tell the broker you don't want to offend the seller youd like to up your offer to 225,500.00 tell the broker the extra 500 is so the seller can celibrate the sale of his boat in the middle of winter OR not... brokers are like rats that walk upright. boats, cars, real estate,etc. youi can never make youor 2nd offer lower than the first, so start low. a friend of mine would offer people half of waht they were asking for thier boats and 50% of the sellers came back with a counter. the others got indignant or thought he was an a hole. took a few months but he finnaly got a super sweet deal... just my 02

Re: Made an offer? Your Thoughts?
 

$5,000 is insulting. $225,000 is a reasonable offer.

This broker is a knob.

Re: Made an offer? Your Thoughts?
 

I made an offer on a house several months ago that had been on the market for awhile, divorce, ( a Dr. who was boinking his nurse or something) listed way high....come down a bunch, etc, etc. My wife and I went through the house and decided we were not even going to make an offer...we'd just rather build for that kind of money and get exactly what we wanted....WELL, our agent relayed this to the listing agent...the listing agent said "this guy is desperate to sell, he has to pay off wife, lives in Florida now, 2 mortgages, etc, etc, make him an offer you'll be surprised." We thought what the hell if you put it too us that way...so we lobbed in an offer 10% below his recently lowed offering price . He countered at 1% off his asking. At this point I thought that I really didn't want the house that bad and I wasn't going to play games so I'll counter once and thats it. I came up about 4% and told my agent to let the other agent know that "this is our final offer, we will not come back again." Well the guy comes off another 2% then tells our agent that he "is a little perturbed at my negociating tactics." I told my agent oh well, we wouldn't have even made an offer if he hadn't asked us to...and we really didn't want the house that bad. So I told her to let him know that we were withdrawing our offer, good luck. The guy tried to counter us again and we didn't even respond....my thought was we gave him our price, he didn't have to sell it if he didn't want to and we didn't want to waste a lot of time. To make a long story short, the guy sat on the house for another 2 months and ended up taking .002% less than our last offer. I still smile about that deal that wasn't, BUT I didn't care if we got the house so emotionally it was no big deal.

Re: Made an offer? Your Thoughts?
 

Let me know the boat info. I will offer 50K less then you then you can call up and your offer will sound like a great offer :D:D

Re: Made an offer? Your Thoughts?
 

Wrong!!! Tell the Knob that your offer will be good for 48hrs ,, if the seller does not respond then you will lower the offer daily, for one week then you will withdraw it !!!!

No deal is over until the cash is on the table .... when your happy ,, then its a good deal

RHC

Re: Made an offer? Your Thoughts?
 

Good idea :evilb:

Re: Made an offer? Your Thoughts?
 

The 3 boats you listed as being sold averaged $238k and 6 months to almost a year have gone by. This guy is asking $320k, he's out of his mind and YOU should have been insulted that he even muttered $320k.

Based on the $238k average, he should have grabbed the $225k and ran. In my opinion, I would have offered the guy $200k and he should have come back with $250k. Eventually, the two of you should have split the difference and hence, $225k would be the selling price.

It doesn't matter if it's a car, boat, or house. The negotiations are an art and a professional salesperson knows how to handle a potential buyer. It's give and take on both sides. The salesperson must make the buyer feel that they got a good deal no matter what. How many times have you heard your neighbor come home after buying a car and say.........Man, did I get screwed. No way. They always say they got a heck of a deal and just couldn't pass it up. That's when a professional salesperson did his job.

This salesperson is a joke. He doesn't know the market. Books are only guides. In the car business we have all kinds of books, Blue Books, Black Books, Yellow Books and Galves. Most of the wholesale ones come out every week. You would think that they are right on the money. WRONG! The true market value of a car is what it is selling for at the auction. It's what the buyers are willing to pay. Same with a house and with this boat. The market value is no where near $320,000.00. Wait a little longer and you might have that salesman knocking on your door for a whole lot less then your original offer.

Good Luck.
Rocky
(31 yrs of negotiating experience)

Re: Made an offer? Your Thoughts?
 

:D:D

Re: Made an offer? Your Thoughts?
 

Von hit the nail on the head. The owner will probably never know you even made the offer. Commission is the motivating factor, the broker will make 10% of $325k, or 10% of $225k ?? So he's motivated to get the higher price. Then again, he's not paying the storage fees, boat payment, insurance, etc., so no motivation to sell at a lower price.

Find out who owns the boat, contact them directly. Use the USCG Documentation Certificate search function, or another broker to search the registration numbers. If you really want the boat, dig deeper and get to the owner level.

Re: Made an offer? Your Thoughts?
 

Here is what ABOS has to say..........not much:

Make Fairline Boats
ModelYear 1999
Model Targa 43
Draft 39"
Boat Type Yacht
Net Weight inc. engine 18500
Horsepower 2-359D
Hull Material Fiberglass
Hull Length 45 ft 1 in
Beam width 12 ft 5 in
Engine IB
Original MSRP 420,124.00
Low Trade-in 0.00
High Trade-in 0.00
Retail Price 0.00


If it is any help to you........


NADA.......which doesn't mean much:
Low Retail $232,750
Average Retail $280,450

Re: Made an offer? Your Thoughts?
 

FYI-

If you contact the owner direct and bypass the broker while the owner has a central listing agreement in place, the owner will have to pay the commission PERIOD. Additionally, if you made an offer through the broker (which you did) the commission is due even when the central listing runs out.

Just thought I would save you the time and frustration when you get ready to close the deal and the whole thing comes to a stop due to breach of contract.

If the broker is a member of YBAA (Yacht Brokers Association of America) or a Florida licensed "Salesman" or "Broker", he is obligated to present all offers in a timely manner. If he does not he can face anything from a discipline letter to revocation of his license and bonding.

Re: Made an offer? Your Thoughts?
 

Perhaps I should have stipulated that in my post. Contacting the owner does not mean "no commission payment" if the deal goes through. However it does ensure an offer gets to the owner. Despite the YBAA or any other licensing authorities, some offers don't always make it.

With that said, I should also point out not all brokers are dishonest in that respect. There are a few who create the problem, making it bad for all. It's a perception issue, and not just in the marine industry.

Re: Made an offer? Your Thoughts?
 

Yea we will all call up and make crazy low offers today :D

Re: Made an offer? Your Thoughts?
 

Here is the link to the boats.com listing. The broker indicated the seller would not respond to my offer. I wonder if the broker is giving the seller bad advice as the offer was realistic.

http://www.boats.com/listing/cache/l...=24&Search.y=9

Re: Made an offer? Your Thoughts?
 

I have a 2001 46 Sea Ray Sundancer with cherry wood interior, more space and better layout than the Fairline or Sunseeker with upgraded Cat power. Used in Freshwater only, less than two hundred hours every option available including hydraulic swim platform that lowers into the water. Upgraded Full Electronics and priced right asking more but 325k will buy it. Check a site called Yachtworld.com for comps on this and other Express cruisers. This is a great buy on a cream puff.
I also have a gas powered 2002 Sea Ray 41DA in the 200's asking 279k make an offer and see what happens. These are both turn key perfect boats period.
I would also recommend the Sunseeker over the Fairline for resale value. One other boat you might want to consider if, gas power is an option, that is really cool and fast would be the 39 Donzi. I also have this boat available with 500EFI's 60mph.
And YES,
your boker should submit your offer even if he knows it will be turned down or has had similar offers rejected. Sometimes timing affects things. What was turned down yesterday might be just the ticket today. Also the offer would at least be countered.
My 2 cents

Re: Made an offer? Your Thoughts?
 

http://www.yachtworld.com/core/listi...89&slim=quick&



here is alot of boat for the money, completely redone in 03, engines, interior, appliances, ect ect

Re: Made an offer? Your Thoughts?
 

Thanks for the reply VeeCat. We have looked at Searays and although they are very nice boats, there are just too many of them out there. I want something a little more unique.

tomtbone, your boat looks nice, but it is simply too old....not saying that is bad....just not what we are looking for.


Got an email from the broker today. The brokerage firm is trying to sell it as a 2001 since that is when it was commissioned. I am not sure the customer really understands the situation he is in with this firm. The boat is a 1999 that took two years to sell new. Boat was actually built in July of 1998. They are telling the guy he should get 2001 pricing since that is when the boat was commissioned.

I feel sorry for the seller. I also feel sorry for the uninformed individual that pays the price they expect.

I am on to other things :D

Re: Made an offer? Your Thoughts?
 

have you looked at bluewaters?