Tuesday, January 27, 2009

The Great Boat Hunt - the Twilight Zone!

Do-do-do-do-do-do-do-do-do-do-do-do-do-do-do-do...

Hi. My name is Rod Serling, and I'm your host...

Not really, of course, but I do feel like I'm wandering around in another dimension -- a dimension not only of sight and sound but of mind. A journey into a wondrous land whose boundaries are that of imagination...

You see, the owner of the boat I bid on made a count-offer, of sorts. The problem is, he really didn't give much on the asking price. Even the counter-offer is so high as to suggest that the owner is disconnected from the realities of the current market. Based on my research, the price that the seller is asking is closer to the current going rate for a significantly newer or larger boat.

The broker informed me that a second offer has been made as well. This could be a tactic to try to get me to up my bid, but if it is, the seller is taking a bigger risk than he realizes. I've decided that if the other offer even approaches the counter-offer, and the seller really wants or needs to sell the boat, then the seller should probably jump on it. I'm not paying that much money for a 35-year-old boat of that class.

The difference between our positions makes it clear that further negotiation would be wasted time for both of us. I told the broker as much, and that I'd be willing to entertain any counter that indicated that we were in the same universe.

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