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Perpetuity
Dictionary definition: - A perpetuity is an annuity that has no definite end, or a stream of cash payments that continues forever.
(Actually sounds like a good name for a boat!!!!)
Sounds expensive, but, actually, here at least it could save you money.
First and foremost, all the other advertising options remain as they are. This is an extra, slightly different option. It goes like this......
Shared boats tend to fall in to three groups, those that employ a management company to take care of everything for them, those that are just a group of folk that share everything on a fairly ad-hoc basis and those that really run everything like a managed boat, but without the management firm and their fees.
Provided those that fall in to this latter bracket are prepared to put the effort in (or at least some of their members) then there is no real reason that a private group can not work as well as, or even better than, a managed group. Of course following the collapse of a certain company that was never mentioned on this site, there are a lot more self-managed boats around....
But, it has to be said that when it comes to selling a share in a boat the managed schemes do, perhaps, do better than the privately run ones. It is a bit like a man wanting to buy a car. If he goes to the local car supermarket there will be hundreds to choose from, and he can pick the one he likes. Of course we all know that the best deal to be had is the one where the car is being sold privately by the nun around the corner, but it is a question of finding it!
Up until the creation of this web site private sellers really only had the option of an advert in one of the waterways magazines (a few words for a lot of ££'s) or maybe other small ads here and there, or perhaps a free ad on some of the boards on the Internet, where the advert was "mixed up" with other options such as a jet ski and an ocean going yacht!
Boatshare fundamentally concentrates on selling shares in boats, so makes a good focal point for such adverts.
Boatshare also works. You only have to look at the testimonials page to see that these adverts get seen and shares get sold.
Lets now take the example of a well run private scheme where one or two look after the running of the boat (mainly) and where a Mr Smith wants to sell his share.
Mr Smith has the choice of small ads etc. or advertising on this web site. He opts to advertise here and pays his £25 for an advert for a year (correct as at 2008). His share sells and then Mr Jones finds he has to sell. So the whole process of writing a page for the share starts over again, as Mr Jones does not realise that Mr Smith placed his advert on here, as it was a private transaction between boatshare and Mr Smith.....and so it goes on. And, of course, Mr Jones pays another £25......
(In practice the page with all the boat details is retained on the site, but most people do not seem to realise that and spend hours writing it all again!)
This is where In Perpetuity comes in!
The page on boatshare becomes an "official" page for the boat, where owners can sell their shares, and where all the shares for sale are listed on the same page. So a page might list one, two three shares for sale (etc.) or list "officially" that at present there are "No shares for sale on......."
The page can run In Perpetuity and owners are welcome to add good pictures to it of their boat at any time, where these are considered to be good "selling" pictures. The cost for having such a page would be £45.00 for each year and, within reason, unlimited updates can be made. This cost could be added to the boat "fund" for each year and on a typical 12 owner boat would cost only £4 pa each. The treasurer for the boat could even send a cheque directly to boatshare each year as part of his "duties".
This type of page would seem to lend itself to self-managed boats BUT there is nothing to stop any group having such a page and listing their shares for sale on it, and at £45.00 offers excellent value for money. Why not suggest it at your next meeting of the owners!?
If you want such a page just complete the page for an advert as normal and pay £45 per the button on the page (or send a cheque (from your boat fund?)). Once we have set the page up you can then add any more information after we have agreed on the initial page. If your boat already has a page on this site just contact me and we can start a dialogue....
The small print:- boatshare reserves the right to withdraw this offer at any time, should it do so then a pro-rata refund will be offered. Unlimited updates should not become stupidly onerous, if they do then boatshare reserves the right to refuse to do them. Pictures of the boat for the page may be sent in by anyone provided they own copyright on them and should be suitable to help to sell the boat, they should not be attractive shots of the nose of the boat exiting Foxton Locks (or whatever!). You cannot apply this retrospectively to an existing advert, in other words if ONE share is presently advertised as a normal advert and you want to now advertise another share on the same boat the existing page cannot be "converted" in to an In Perpetuity page.