Trade a House for a Catamaran

[byrondv]

Originally Posted by Soontobecruiser

16% total commission

16%??? What kind of realtors are you talking to???

You could always try to sell it yourself. Of course then you are stuck dealing with the buyers realtor anyway. Actually - even if you went the trade route chances are the cat owner will want someone to broker the deal. Who do you dislike more? Lawyers or Realtors?

[Soontobecruiser]

ByrondV you loose 6% on a house, and the person selling the boat looses 10% on a boat. as far as who he likes better, in the last few years he has met 4 lawyers he likes and no realtors.

[byrondv]

That is an interesting way to look at it, but really it assumes a broker is necessary for the boat - and that would be more up to the cat owner.

I _personally_ wouldn't be nearly so concerned about the costs to the other party in a sale, unless I thought I could get a significantly better deal by lowering their costs. Which is doubtfully, if they take the risk of going without a broker they will probably do it to save the cash for themselves.

It seems more like you are opposed to the costs involved - perhaps rather than a trade it would make more sense to buy / sell without brokers / realtors. Honestly it would probably be less work than negotiating a trade with certainly unequally valued items (especially after the boat value is modified due to anything in the survey). Certainly you are going to be picky about differing values if you are concerned about a personal 6% cost plus 2-3% extra you might get off the value of the boat for skipping the broker.

Though if you really want to trade - perhaps posting some flyers at liveaboard marinas might target the right audience.

Good Luck

[artbyjody]

You may also want to consider renting out the house and hiring a management company to oversee it as a rental. More tax breaks, monthly income, and considering the housing market - it is more of a renters market right now. That'll allow you the ability to finance a new boat and if it doesn't work out the way you intended, less overall loss in the long run....just another way to look at the problem - but I would highly doubt someone would jump at that kind of trade, as it would be perceived as risky to begin with.

[Faster]

Originally Posted by sailingdog

Faster-

Corsair 25C is a trimaran, so your offer is rejected out of hand. I'd up the offer to a Catalac 8m or Gemini.

C'mon SD - it was still upping the ante... 3 hulls must be better than 2 (since apparently 2 are better than one)

[sailingdog]

I can't argue with the logic there...

Originally Posted by Faster

C'mon SD - it was still upping the ante... 3 hulls must be better than 2 (since apparently 2 are better than one)

[ImASonOfaSailor]

I like that 3 are better then 2 and 2 is better then 1! I don't think the trade thing would work who in the heck would do that??

[BlondeZilla]

There are plenty of Cats on yachtworld for that price and all you have to do is email the brokers of the ones your interested in and get them to put in the offer.
I am sure one of you would have to throw him a couple grand.
A lot of people cruise a long time then want a house just as the opposite is true.
Anything is possible, but yachtworld would be the place I would start looking.

[buckeyesailor]

I hear ya' Soontobe.....
Personally I have 2.5 acres of virgin wooded hillside in southern Ohio that I'd love to trade for a boat.....(30-35' ready to go) and have investigated such.
The major problem is ......not many people with those boats want a great building lot in Southern Ohio.
I'm still open to offers however......Willy

[chucklesR]

When you get up to ten posts and can send private messages, send me one. I'll trade my 175k (total invested) Gemini for a 425k house .

Sell the house, buy a Catamaran after you sell the house, and after you know what you want in a catamaran. If time is too short for that, you don't have time.