Posted 2015/04/24 at 23:25 in News
It is important to keep one thing in mind when it comes to selling a boat – The faster it sells, the higher it will sell for. At first, this might seem counter-intuitive, but it’s true. If a boat sits for sale on the marketplace for more than 60 days, when it does eventually get sold, it will sell for less. How can you get a faster sale though? These 5 ways to sell your boat fast will help.
1. Get The Price Right
Price the boat too high, and it will never sell. Price it too low, and you might get a quick sale, but lose several thousand dollars in the process. Do some research before you put it up for sale, to make sure the asking price is right. Check online, and compare other boats and their features with yours. Do boats in one area sell higher than in another area? Do any brokers have boats for sale that are similar to yours? If so, give them a call, and ask what they might offer in terms of part-exchange or by selling it through them. Have they had a boat for sale on the market that has been there for a long time? As them why it hasn’t sold. Go over all the information you have collected, and factor in what it might cost you to hold the boat for a few months more. Now set your price!
You have the boat priced well, and buyers are going to come to view it. When they do, the first impressions they get of the boat are vitally important. Wash, wax, clean and shine. If you have to pay a detailing company to do this, then so be it. Consider the cost an investment into the boats sale. Most importantly, make sure everything works that should be working!
3. Position the Boat
The more visible you can make your boat, the more people will see it, and the more potential buyers it will attract. If it is a trailerable boat, think of highway frontage, so that people driving by can look at it. If it’s a yacht, then move it to a brokers office, so that their salespeople can work for you, and show around interested clients. Don’t hide the boat and then expect it to sell – get it out there!
4. Pick an Aggressive Broker
A broker makes their living by selling boats. They have the contacts, knowledge, advertising, insurance an numerous other connections. Let a professional handle it, and make your life easier. They can deal with matters such as sea trials, while you spend time with your family and friends.
5. Sell it Yourself
If you don’t want to use a broker, and have some time to commit to the project, then work on selling the boat yourself. Craigslist, and Ebay are two great places to sell boats. Use honest descriptions, respond politely to buyer requests, and keep communication prompt and clear. Ebay does give the possibility of both fixed price and auction options, so think which one may work for you the best.