Have you decided that you are going
to sell your narrowboat?
There are
two ways to sell your narrow boat and in this article we will discuss both
options so you have a clearer picture of which method is going to work best for
you if you decide to sell.
Privately
If you decide
to sell your narrowboat privately, you'll get the benefit of saving the cost of
using a broker. But you'll need to
be super organised to guarantee a sale at the right price!
You will
have to manage all the marketing and viewings which can be very time consuming.
Think carefully about the design of your advert and the photos you'll include
this can really make or break a deal. Your advert should be well thought out;
the title should be clear and includes the features you think buyers are most
likely to be searching for, for example the make, year, model, size etc. Your description
must include all desirable features and justify the sale price, it should also
stand out from other boats that are similar to yours.
Research
what the market value is of boats like yours. If you are not sure or have
little experience of pricing, then discuss this with other experienced boaters
to estimate whether your price is realistic, optimistic or indeed pessimistic.
You need to price the boat fairly and leave some room for negotiation.
Make sure
you have all the maintenance records and other paperwork that detail your
boat’s history. Without this boat documentation you may not be able to back up
your asking price when it comes to negotiating the sale.
Be prepared
to organise for the boat to have a survey. This will require the use of a
dry dock or a haul out. You will need to pay for using this service, but the buyer is
responsible for paying & getting the surveyor to inspect the vessel.
Organising this can be quite a challenge and it’s worth noting that a brokerage
company would be able to handle all this for you.
Lastly
be prepared to deal with a lot of time wasters, you will be amazed at how many
people are just window shopping and not actually in a position to put in an
offer and buy a boat.
Brokerage Company
By
contacting a brokerage company they can deal with EVERYTHING from the
marketing, viewings, surveys, negotiating and all the paper work that is
required to get a boat sold quickly and at the right price.
*The benefits of using a professional
brokerage company:
-
They will have a
wide customer base with buyers waiting to buy.
- Will use marketing
tools such as; websites, social media, magazine adverts, mailing lists etc.
- Will offer you
a FREE Valuation
Have engineers
on hand to sort out any alternations or repairs.
- Will be able
to sort out having a survey carried out in their dry dock, or slipway.
- Will provide
free moorings at their marina, whilst the boat is being marketed.
- The experienced
and knowledgeable sales team will be able to get you the best price for your
boat.
- Can offer
you part exchange deals
-
Will buy
your boat for cash.
- Open 7 days
a week and will be able to deal with all the viewings (including the time
wasters!)
*Note all of the above is offered by
Whilton marina. All brokers operate differently so please check their terms of
business first.
Some FAQs that
might be on your mind can be answered here.
It is very
important to take the advice of the experts when it comes to the pricing of
your narrowboat. Overpriced boats just don’t sell it’s that simple, so if you
are wanting a quick sale then use a brokerage company and take the advice of
the broker that values your narrow boat.
If you would
like a FREE Valuation then give us a call today we would be more than happy to
come and see you.