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From: Bryan Genez (no email)
Date: Thu Jul 10 2003 - 13:11:53 EDT
Andrew wrote:
> Hello all, I am considering buying a boat in the U.S. as this country
> appears spoilt for choice and I haven't found much I'm interested in over
> here. I live in Australia and intend to bring the boat back over here
> eventually. I would probably sail back via the South Pacific region after
> spending some time cruising the area.
>
> I am hoping you can help me with the following:
>
> What is the current market like. Are sailing boats selling fast or slow.
>
> How close is the asking price to the actual price accepted in general terms.
>
> Is there any particular etiquette when dealing with Brokers and sellers.
>
> I do recall some time ago there was a posting on importing a boat into
> Australia with various details of import duties etc. If anyone has
> information on this process I would be pleased to see it.
>
> Anything else that you consider relevant.
>
> Thanks for any info you can provide.
Andrew,
I've worked for the past 14 years as a broker. Am semi-retired now, only
occasionally working with friends and referrals.
You've asked some general questions, which have general answers. There will
be many exceptions.
Generally, the market is strong in the sub-$100K and the over $500K price
ranges. But the market today is very soft in the $100-500K range. These
are boats that typically are purchased as a substitute for a vacation home
by middle-class citizens who intend to finance the boat for 20 years. The
current economy has most affected these people, and they're waiting for
improvement before they buy.
Less expensive boats in good condition are selling quickly...maybe even
faster than a few years ago, as some of the buyers from the $100-500K range
step down.
Generally, boats sell for a negotiated price a bit less than asking. 10%
under asking is common, but the range varies depending on a lot of factors.
If you want the broker to do legwork for you, stick with that person. If
you want to do the research and contacts yourself, then use the brokers who
are listing the individual boats. If you're dealing directly with sellers,
remember to praise their boats to the sky. Nobody has an ugly baby! Don't
ever lose your cool...it's a business. If you can't reach agreement, shake
hands and walk away.
Good luck with your search.
-- Best, Bryan (KB3HMZ) "Capella" Valiant 40 #158 Annapolis, MD ------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511 http://us.click.yahoo.com/sOykFB/k9VGAA/ySSFAA/A1TolB/TM ---------------------------------------------------------------------~-> To unsubscribe from this group, send an email to: Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
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