Just wondering if anyone else has noticed that the marine survey prices lately are overinflated. It seems that boats are selling for WELL under the values set forth in respective surveys. I'm always seeing sellers on craigslist quote a marine survey value, then put their price well under. Contrarily (is this a word?), when they do seem to list their boat for the survey value, you always see that boat listed month after month on craigslist, until they end up reducing this price by thousands of dollars (sometimes tens of thousands).
Do we have any surveyors on this forum that can speak to this? Does the survey protocol have yet to catch up with the dwindling economy?
Prime example here:
If this boat is really priced $70k under it's real value it should be snapped up in a heartbeat....but it hasn't.