Selling through a brokerage?

jlanng · 16 March 2007, 11:25

Hi guys

A delivery has arrived at our house... nope, not more shiny bits for the boat but a baby boy

It's pretty clear that we won't have time to use the boat (well I may sneak out once or twice!). I need some means of a quick hassle free sale. How do brokerages work? I'd imagine you take quite a big hit, but at least they store it for you?

Nauti Buoy · 16 March 2007, 11:45

Quote:

Originally Posted by jlanng

Hi guys

A delivery has arrived at our house... nope, not more shiny bits for the boat but a baby boy

It's pretty clear that we won't have time to use the boat (well I may sneak out once or twice!). I need some means of a quick hassle free sale. How do brokerages work? I'd imagine you take quite a big hit, but at least they store it for you?

Hi

Congratulations first of all. I used Ancasta down in Port Solent, mainly cos my boat was moored there. They charged 8% plus vat so yes quite a fee, which they deduct from the purchasers money before you get your hands on it.

Fortunately I managed to sell the boat privately so did not have to pay them any dosh. Boats and Outboards is quite a good site which is where I got my purchaser from, plus it is free unless you want to put more than one picture up, in which case they charge £10 for 3/4 pics.

Good luck,

Richard

Mollers · 16 March 2007, 12:12

I'm not a huge fan of brokers, particularly Ancasta whom charge a lot not much more than putting a photo up in their office. Expensive yachts are more their thing. I used Boatshed to sell my Searay and was mildly impressed. Their agent again, was a bit of a 'rag and stick' man but, tried hard and got the result at what felt was a reasonable commision rate.I can't remember what it was. I agree that B&O is as good as anything.

stephenmcdermot · 16 March 2007, 12:14

Use boats and outboards mate, it should seel no problem. How much are you after for it?

jlanng · 16 March 2007, 12:20

I'm asking £12k for it, I'm hoping that should get a quick sale... especially as the sun is statrting to shine!

The problem is there's a certain amount of urgency as the current storage location (the in-laws' place) is being sold at the end of the month, so I need to rehome it one way or another!

Tim M · 16 March 2007, 12:39

Best way by far will be boatsandoutboards. Get it on there ASAP. I have sold boats within 24 hours on there so you certainly have a chance of getting rid of it before the end of the month. If not store it in on its trailer at a marina down on the South coast for a month or two. IMHO the money and time spent on storing it and selling it on B&O is going to be far less than money paid to a brokerage.

jlanng · 16 March 2007, 13:08

24 hours! Right, it's going on B&O this afternoon.

blimp · 16 March 2007, 14:17

Try apolloduck as well - again no huge charges, similar to b&o

TimMcC · 16 March 2007, 14:17

B&O is the way to go . Had mine advertised in local papers and Buy and Sell
, no interest . Advertised in B&O and I have had loads of interest , no sale as
yet but I’m hopeful .

jlanng · 16 March 2007, 14:58

Advert live, fingers crossed!

Thanks very much all, very helpful bunch on here! I'll miss this place (sob)

http://www.boatsandoutboards.co.uk/view/F136992/

alt · 20 March 2007, 19:25

Can you e-mail me as many pictures as you have, friend is looking for something for the summer. I have PM'ed you

jlanng · 03 April 2007, 09:54

First to see *did* buy. Thanks for all your help chaps!

I'll be back!