Why you should listen to your boatmatch broker
When Boatmatch.com brokers advise on price, it is always based on our feel for the market gained over many years in the Marine Industry and prices achieved in sales of similar yachts and power boats. Here are the comments from a client who wasn't ready to sell at the time we brought forward an offer with a recommendation to accept.
'' My quick note is to let you know that we have finally sold our 490. We had to accept a trade-in boat, but we already appear to have found a buyer for that boat. When all is resolved, we will have sold the 490 for a bit less, but not too much less, than the offer through Boatmatch.com of Euro 500,000.
In hindsight, we should have accepted the Irish offer of Euro 500,000, since we'd now have had the cash for over two years, and that money would have been working for us, rather than being eaten away in mooring, winter storage, and upkeep and maintenance bills. At that time, though, before scale and full impact of the financial crisis had become apparent, we thought we should get more than Euro 500,000 for a little used, eight year old, VAT-paid Najad in near-perfect condition, that would cost, with VAT, well over Euro 1 million to commission new to the spec of our boat. However, as we all know, something is only ever worth what someone is willing to pay for it!
I hope that 2011 is a good year for you. We've mentioned your brokerage to a number of people in the last year or so who were looking to sell boats, and we'll continue to do so. We appreciate the effort you've made in what we know has been a difficult market.''
