
01-24-2012
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Senior Smart Aleck
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Join Date: Aug 2009
Location: Richmond, Virginia
Posts: 559
Rep Power: 3
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Surplus inventory
Yes, the private sellers seem much more reasonable about fair market value right now than the used sail warehouses (which I like).
Some of the used sail warehouses are setting the reserve prices or starting bids too high, whereas the private sellers are allowing the auction market to set the price. The private sellers just want to get rid of the property.
The continuing recession is driving these kinds of auction prices down - sellers parting out boats, folks getting rid of gear after selling their boats, and lien holders disposing of seized personal property.
Last edited by jameswilson29; 01-24-2012 at 08:10 AM.
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