We often see boats that have been on the market for far too long. There could be multiple reasons for this—the owner may be asking too much, the boat has problems, the boat has no exposure or maybe the owner has chosen the wrong brokerage company to represent him. Our job is to sell your boat and it is a task we take seriously. Continue reading
If you are planning on selling your boat, it is advantageous to know what the potential buyer’s surveyor will find when he inspects your boat. A short list is what you are looking for. If he finds too much wrong, the buyer’s initial reaction is to just walk away. We know what surveyors look for and can correct problems before the boat goes to survey. Continue reading
Downeast Boats originated in Maine and derive their name from the geographical orientation of the Maine coastline. The original Downeast boats themselves are the backbone of the Maine lobster industry. In some cases the commercial boats have been trimmed out and are called “lobster yachts” by some. Continue reading
Some people have inflated expectations of their boats worth, some are impatient and some just don’t understand the principals of supply and demand or how the used boat market place works. Here are our basic rules for getting your boat sold.
Once you’ve inspected and chosen a boat, decide on what you’re willing to offer based on what you have seen, and whatever adjustments are justified based on condition, equipment, etc. This may be a decision based on several factors including current market value, suggestions from your broker, the length of time the boat has been on the market, etc. Most importantly, what you are willing to pay or more important, what can you afford to pay?
If you get as far as expecting the bottom of a boat, we can assume that the rest of the boat appeals to you. Your surveyor can give you the best advice on the condition of the bottom, but there are some things you can visually inspect yourself. Continue reading
There are two reasons why boaters buy the wrong boat. The first reason is that they haven’t actually determined what they plan to do with their boat and based their purchase decision on those plans. The second reason is that emotions instead of reason get involved in the buying decision and sales people are well trained and not bashful about selling to emotions that have been aroused. Continue reading