If you're a boat us member, they'll did market analysis for you for free.
I've used them in the past summer boat shopping and their numbers agreed with
some broker's analysis at the same time.
Then you could get a quote for the rigging and adjust.
David is right though, if you were selling with the boat priced at the high end
of market value you might have the boat sitting a while. You can't go by
listing values.
Boat us will give you sales comps. A broker has access to sold numbers too.
Danny
Sent from my T-Mobile 4G LTE Device
-------- Original message --------From: henry evans via CnC-List
<cnc-list@cnc-list.com> Date: 4/5/18 12:02 PM (GMT-05:00) To: David via
CnC-List <cnc-list@cnc-list.com> Cc: henry evans <hjevans...@yahoo.com>
Subject: Re: Stus-List Partnership buyout - without an agreement
Hopefully, on line you can find some comparable sales to establish
the value.
On Thursday, April 5, 2018, 10:33:09 AM CDT, David via
CnC-List <cnc-list@cnc-list.com> wrote:
#yiv3792030982 #yiv3792030982 -- P
{margin-top:0;margin-bottom:0;}#yiv3792030982
Therein lies the rub...what is fair market value? In today's market you
really don't know until you get the reality check of "Well I think its worth
$X" at 12 months later not sold or it is sold for a percentage of
$X...
David F. Risch
Gulf
Stream
Associates,
LLC
(401) 419-4650
From: CnC-List <cnc-list-boun...@cnc-list.com> on behalf of Joe Della Barba via
CnC-List <cnc-list@cnc-list.com>
Sent: Thursday, April 5, 2018 11:23 AM
To: cnc-list@cnc-list.com
Cc: Joe Della Barba
Subject: Re: Stus-List Partnership buyout - without an agreement
Without a defined buyout, this is kind of a pain. My first guess would be the
person leaving owes you 25% of fair market value.
Joe Della Barba
j...@dellabarba.com
From: CnC-List [mailto:cnc-list-boun...@cnc-list.com]
On Behalf Of Andrew Means via CnC-List
Sent: Thursday, April 05, 2018 11:16 AM
To: cnc-list@cnc-list.com
Cc: Andrew Means <andrew.cnc...@gmail.com>
Subject: Stus-List Partnership buyout - without an agreement
Hey all -
I’ve been part of a boat partnership for the past 9 years with three of my
friends. This partnership has lasted over a series of boats and we’ve had very
few issues with the whole arrangement.
Presently however one of the partners is wishing to be bought out or to sell
their share, just before a re-rigging project.
Since we don’t have an agreement in place we have to navigate these waters
ourselves, but I wanted to see if you guys had experience or knew what the most
common buyout arrangements (i.e. what agreement *might* we have signed had we
signed
one 9 years ago?). If we find a buyer we all like in short order then this may
all go perfectly smoothly, but if we don’t I’d like to have advice for the best
way(s) to proceed.
Andrew
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_______________________________________________
Thanks everyone for supporting this list with your contributions. Each and
every one is greatly appreciated. If you want to support the list - use PayPal
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