For the Seller

Selling
Your Boat

Most of the money lost in a sale is lost not after the listing goes up, but in what was not done before it.⁠⁠‍​‌‍‍‍‌​​⁠⁠​‍⁠‌‍⁠⁠‍⁠‌

Everything else on this site is written from the buyer's side. This page is for the other one: the person selling the boat.

The whole thing in one sentence: everything the buyer's surveyor finds is used against you at the table. Find the same things first and you either rectify them or price them in, either way, you set the table.

1. Before the Listing: the Three-Month Rule

  1. 3monthscondition survey priority list
  2. 2-3 monthsclass A findings
  3. 1-2 monthscheap visible items · file
  4. 1monthcleaning photography
  5. Listingprice defensible
Preparation started three months out returns the most, rushed work always looks rushed.

Preparation started about three months before the boat goes on the market returns the most. The reason is simple: rectifying findings takes time, and rushed work costs more and looks rushed.

WhenWhat happens
3 months beforeCondition survey. The real state of the boat established by measurement, with a priority list.
2-3 months beforeClass A findings rectified. These block a sale anyway.
1-2 months beforeCheap, visible class B items done; the document file assembled.
1 month beforeDeep clean, polish, interior order, photography.
ListingFile ready, findings known, price defensible.

2. What Creates Value and What Does Not

Worth doingWhy
Rectifying class A findingsThey stop a sale; left undone, a buyer deducts a multiple of what they cost
Assembling the document fileCosts almost nothing and has the highest effect on confidence
Deep clean and orderFirst impression sets perceived maintenance quality
Small visible defectsEvery visible defect enlarges the buyer's question: what else is there?
Bottom clean and antifoulingThe first thing seen when she comes out
Engine service, on recordDocumented service is what buyers ask about most
Not worth doingWhy
A new sail wardrobeOnly a fraction reaches the price; buyers want their own choice
New electronicsSame reason, and buyers pick their own brand
Full interior refitRarely recovers its cost
An engine overhaul that is not neededDocumented servicing is worth more than an unnecessary rebuild
Covering defects cosmeticallyThe buyer's surveyor finds it, and when they do, confidence is gone entirely

3. The Document File: the Cheapest Value You Can Add

The record of work carries as much value as the work. Maintenance done without invoices or photographs does not exist for a buyer, the surveyor writes "no record found". What belongs in the file:

4. Pricing

Three references are read together: the asking prices of comparable boats (asking, not achieved), the actual condition of the boat, and the completeness of the file. Most of the price difference between two boats of the same model and year comes from the last two.⁠⁠‍​‌‍‍‍‌​​⁠⁠​‍⁠‌‍⁠⁠‍⁠‌

The common mistake is adding what you spent directly to the price. The market prices the boat's condition today, not your outlay. A new generator raises the price; it does not recover its cost.

5. When the Buyer's Surveyor Arrives

6. When Negotiation Comes

When the buyer arrives with a list of findings you have three options, and putting all three on the table is the strongest position:

  1. Reduce the price, fastest, but often the most expensive, because buyers estimate repair costs high.
  2. Have the work done yourself, usually cheapest: your contractor, your price.
  3. Defend the price, where the finding is class C or already reflected in the asking price. Give your reasoning in writing.

If you have your own condition survey you gain a fourth strength: you can show whether a finding is new or already known. A known finding, already priced in, cannot justify a second reduction.

7. Is a Seller's Survey Worth It?

In three situations, without question: the boat is over fifteen years old, she has been little used, or you are struggling to defend the price. The cost is usually far below what a single round of negotiation would take, and an independent report you can hand to a buyer sets the listing apart.

Frequently Asked Questions

On a boat over fifteen, one that has been little used, or where you are struggling to defend the price, without question. Knowing what the buyer's surveyor will find is the strongest position at the table.
Class A findings, the document file and cleaning. New sails, new electronics and a full interior refit rarely recover their cost.
No, and it backfires. The surveyor finds it, and once concealment is apparent, everything not in the report becomes suspect too, the buyer either walks or negotiates harder.
Gather whatever exists and start recording from today. Undocumented maintenance does not exist for a buyer; it appears in the report as 'no record found'.
Full access. Easy access works in your favour.
Only partly. Documented maintenance is rewarded more than undocumented investment.
Put three options on the table together: reduce, rectify yourself, or defend the price with reasons. With your own condition survey you can also show whether a finding is new or already known.

Related Pages

A pre-sale condition survey

Find out what the buyer's surveyor will find, first. Rectifying out of season costs less than conceding at the table.⁠⁠‍​‌‍‍‍‌​​⁠⁠​‍⁠‌‍⁠⁠‍⁠‌

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See also: Chartering out your boat · Post a free listing

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What Is in the Survey Report?

See the report section by section: how findings are structured and what the measurement tables contain.

📄 See the Report Contents
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