SailNet Community - View Single Post - Asking vs Selling price
View Single Post
post #5 of Old 12-31-2004
TrueBlue
Seņor Member
 
TrueBlue's Avatar
 
Join Date: Oct 2004
Location: Narragansett Bay
Posts: 4,853
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 13
     
Asking vs Selling price

"What I don''t understand is why so many list their boats at unreasonably high prices."

BarryL,
I believe the "high" asking price initially set by the owner, is a reasonable figure to him/her. The amount is most likely based upon a compilation of the Owner''s total investment in the boat, the broker''s fee and a negotiation margin.

Just a matter of time before market reality sets in and the Owner accepts the inevitable loss. I suppose it''s human nature to not account for the cost of enjoyment during ownership.

Steve

TrueBlue is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome