[Rhodes22-list] eBay Boat - Now what?

[D&D Stice]

I think the R22 is on Yachtworld for $14.3k

David

----- Original Message ----- 
From: "Rob Lowe" <rlowe at vt.edu>
To: "The Rhodes 22 mail list" <rhodes22-list at rhodes22.org>
Sent: Monday, May 22, 2006 9:05 AM
Subject: Re: [Rhodes22-list] eBay Boat - Now what?


> Bill,
> Thanks for your comments.  I agree, someone (me) buying a large-ticket
> non-standard item sight unseen (well, except for the photos and text) will
> not pay a fair market price for it.  But I will take a chance if I think I
> can get it for a steal.  Now if the boat is anything like advertised and
the
> seller would take what I offered, I'll be very happy.  But as you
suggested,
> the seller had a price in mind but he's not going to get that through
> eBay. - Rob
>
>
> ----- Original Message ----- 
> From: "Bill Effros" <bill at effros.com>
> To: "The Rhodes 22 mail list" <rhodes22-list at rhodes22.org>
> Sent: Monday, May 22, 2006 10:46 AM
> Subject: Re: [Rhodes22-list] eBay Boat - Now what?
>
>
> > Robert, Rob, Brad, Others,
> >
> > Probably not.
> >
> > As previously mentioned, I'm working on the third edition of my book,
> > How to Sell Your Home in 5-Days.  The book predates eBay, and I
> > routinely use the 5-Day Method to sell many large ticket items including
> > cars and boats.
> >
> > To sell a home, car or boat you price it in the ad at 50% of what you
> > think you will get, and let the market drive the price up to the fair
> > market value.  This always works with homes and cars because there are
> > always enough local buyers for these items to make a market.  It's
> > tougher with boats because there are rarely enough local real buyers to
> > make a market.
> >
> > Using this method nationally doesn't work well because most buyers of
> > non-standard large-ticket items want to inspect the item before bidding
> > the top dollar.  This makes sense to me.
> >
> > So sellers of boats on eBay seem to fall into 2 categories -- people in
> > trouble who can't sell in the local market, and crooks trying to put
> > something over on people who can't see what they are buying until after
> > having paid for it.
> >
> > When the 5-Day Method is properly used, both the buyer and the seller
> > get a fair deal.  Boats on eBay seem to have "winners" and "losers".
> > None of us, probably including the seller, has the slightest idea of the
> > fair market value of that boat.  Stan knows because he makes the market
> > for Rhodes-22s.
> >
> > I have been trying to decide whether to include a section in the third
> > edition on selling boats.  I know how to do it, but it is not as
> > foolproof as homes and cars.  Having watched this saga unfold, I have
> > decided to omit the section on boats.  Thanks to all for publicly
> > sharing your thoughts on this process, it has been very helpful.
> >
> > Bill Effros
> >
> >
> >
> >
> > > Rob Lowe wrote:
> > >
> > >> Well, I ended up being the high bidder on the boat
> > >> at $7K, but it was still below the reserve price.
> > >>  Guess I'll wait a day or two to see if the seller
> > >> contacts me at all.  Such an odd system, you figure
> > >> if he really wanted to sell it he would start the
> > >> bidding close to what he wanted out of it.  We'll see.
> > >>
>
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