Ebay has been mentioned a few times - does anybody else have any experience of success (or otherwise come to that) with their classified ads. Im thinking for £14.99 a month and no commission it has to be worth a punt at least in tandem with other avenues.
My concern would be the financial side with 100K plus changing hands - whats the best way of dealing safely with that?
IMO, wel worth a 15 quid punt. As for the financial aspect, treat it the exact same way as you would with a sale from any other method. Don't accept PayPal, obviously the charges for that would be daft. Just treat and Ebay classified the same as you'd treat any other classified.
Id further suggest setting up a website as discussed earlier. Link to that from the Ebay listing so you can use lots and lots of good pictures.
Last edited by blueglass; 03-02-11 at 15:54.
As a qualified ABYA Accredited Broker I provide:
* A personal, hands on, client focused service following the ABYA Code of Practice
* Low % commission rates with highly competitive terms
* No sale no fee
* Market appraisal of the yacht
* Photography of the yacht and preparation of particulars
* ABYA sale and purchase contract management and assistance with VAT and RCD
* Pro-active global marketing and advertising
* Including advertising on xxxxx.com xxxxxxxxxx.com & xxxxxxxxxxxxxx.com
* Accompanied and pre-arranged viewings
* Regular progress updates
* Sales negotiation with prospective purchasers and handling of all enquiries
* Survey assistance and post survey negotiations
* Bill of sale administration
* Professional indemnity insurance
* Deposit & final payment transfer through dedicated client account written in trust at Lloyds TSB
This is the sequence of events I use to deliver that process and why.
The boat is offered for sale at a certain price and this price is based on the condition the boat is known or thought to be in.
I check the title, VAT status, RCD status and pull together the previous bills of sale, check they match all the documents, track down the Vat Documents, check for outstanding finance and take copies of owners passports. I also get the owners to sign a declaration confirming the boat is theirs to sell and is free from debts and liens.
The boat is advertised and mailed to all on the database who are seeking something like that boat.
If it is not overseas I do accompanied viewings and like to give at least a 1-2 hour run through of the systems. This will happen as many times as it takes to find the right buyer. And as many times as the right buyer wants to come back before making his offer.
An offer is received "subject to survey" and accepted.
A 10% deposit is taken and held in an independent account. The deposit protects the seller if his boat is damaged by the buyer or his surveyor, and also protects against any lift out yard/bills not being paid by the buyer. The buyer is protected as It shows real intent and gives justification for the seller to now remove the boat from the market and not entertain any ideas of gazumping the buyer.
The seller and buyer enter into a contract. The seller agreeing to sell to that buyer, and not to change his mind or sell to another higher bidder whilst the buyer is spending money on a survey within a pre-agreed timeframe.
The buyer is agreeing to buy "subject to survey". As we are dealing with second hand goods between two private individuals that are not warranted, this gives the buyer independent knowledge of what he is buying, and the contract allows him to re-negotiate the price or have his deposit refunded in full if the survey shows the boat to significantly not be in the condition that both he and the seller thought she was in.
After survey If required a sea trail takes place, the boat is then sold at the original offer price, or if unknown problems are found, the seller makes repairs or reduces the price..If no agreement can be reached the buyer has his deposit refunded in full and the boat is free to be re-marketed.
It works very well for both parties. The seller knows he has a committed buyer and financial protection against any damage or unpaid bills. The buyer has time to find out exactly what he is buying and the knowledge that any money he spends will not be wasted by the boat being sold elsewhere whilst he is in that process. There is also a written framework and a third party to administer it all.
I do not have a Jag draped in bling
John Rodriguez Yachts. Cruising & Bluewater Yachts www.jryachts.com
give Richard Bleakley at York marina boat sales a call he may be interested in buying it off you to sell on in the spring. Very helpful bloke and sold lots of boats last summer.
I sold my last boat on ebay. It took about 4 weeks but it was well worth it
I priced it competitively, to gain interest and it sold.
A twin petrol 30' maxum. Reportedly hard to sell.
In the end I had 3 people looking at it, all keen to buy.
Ebay is a great place to sell your boat, but mainly if under 100k.
But it's ONLY any good if you present the advert well with loads of good pictures.
"Is it me?"