no longer reading SailNet
Join Date: Oct 2012
Thanked 140 Times in 133 Posts
Rep Power: 5
Re: Initial Offer Question
I'd agree with most posts so far. I will point out that it is still a crappy market for selling a used luxury item like a boat though. In my opinion a seller ought to be happy getting 70% of their asking price in this market.
If the seller understands the market then their price is already lowered to be 70% of what the asking price might be in a stronger market.
I also find it hard to get involved in price comparisons across the US. Based on Sailnet and Yacht World the boat market is clearly different in the Chesapeake than in Puget Sound.
It sounds like this one might be price high, but that doesn't mean that all are. I bought my Pearson for about 10-15% under the asking price and feel like I got a good deal.
I'm no longer participating on SailNet.