[Rhodes22-list] eBay Boat - Now what?

[john Belanger]

rob
  i noticed the discrepancy between the reserve price and the buy it now price. why is that? both are acceptably low especially after watching that fiasco with the last one on ebay (7k). inspection should diclose the facts. good luck. john b

Rob Lowe <rlowe at vt.edu> wrote:
  yep. same boat. higher price. guess lookers of Yacthworld have more money
the lookers of eBay :) - rob

I'm still talking to the owner. I'll let you know what happens. - rob


----- Original Message ----- 
From: "D&D Stice" 
To: "The Rhodes 22 mail list" 
Sent: Tuesday, May 23, 2006 8:25 PM
Subject: Re: [Rhodes22-list] eBay Boat - Now what?


> I think the R22 is on Yachtworld for $14.3k
>
> David
>
> ----- Original Message ----- 
> From: "Rob Lowe" 
> To: "The Rhodes 22 mail list" 
> 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" 
> > To: "The Rhodes 22 mail list" 
> > 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.
> > > >>
> >
> > __________________________________________________
> > Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
> >
> >
> >
> > -- 
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05/19/2006
> >
>
> __________________________________________________
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