Fairlead Value

Stop retyping specifications

Drop a broker sheet, a PDF, a screenshot, or paste a listing address. The specification reads itself into the worksheet, several sales at a time. Typing it out by hand is the fallback here, not the job.

Adjust in seconds, defend it for years

Region, condition, equipment, hours, hull, fuel — each one a single field. They stack additively and never compound, so every figure can be recomputed by hand by whoever is reading it.

One figure, two audiences

Prepare as a surveyor or as a broker. The concluded figure is identical either way; the document is written for whoever will read it — the full account of the method for a lender or an insurer, a clear range and comparative graphics for an owner.

Why it wins the room

Quick to build. Hard to argue with.

Drop in your sold comparables. Set the adjustments that matter. Take away a document with its reasoning attached — the ledger, the narrative, and every exclusion named. Whether it goes to a lender or across a kitchen table, the working is right there on the page.

1Subject VesselReset section

Paste the listing URL hereOptional

Or paste the listing text — it carries far more detail than a picture. Screenshots, PDFs and Word files work too.

Paste

Model year

2018

Make

Grand Banks

Model

42 Heritage EU

Effective date of value

08/27/2026

2Sold ComparablesReset section

#VesselSold priceAge adj.IndicationRetained

1Second Wind2019 Grand Banks 42 Heritage EU$385,000−8.0%$380,410

2Kittiwake2020 Grand Banks 42 Heritage EU$402,000−11.0%$354,624

3Osprey III2016 Grand Banks 42 Heritage EU$358,000+4.0%$398,413

4Marlin Rise2018 Grand Banks 42 Heritage EU$298,000−4.0%$286,080

Review · Lowest of 4This comparable’s adjusted indication of $286,080 is the lowest of the 4 retained sales and sits 22% below the median of the retained sales, past the 15% this set allows on its own spread. Consider whether it belongs in the analysis — nothing has been excluded, and the decision is yours. Exclude for this reasonKeep as is

The worksheet — drop target, fields, and a comparable flagged for review

Two readers

One engine. Two very different documents.

A document defending a figure to an insurer and a document opening a conversation with an owner are not the same object, and pretending otherwise serves neither. Choose who you are addressing; the worksheet does the rest.

Marine surveyor

A document that must withstand examination

Its reader is a bank, an insurer, a court, or a client's advisor — someone who was not present and is looking for reasons to doubt it.

The full narrative, every step from basis to conclusion.
Every exclusion named, with the reason it was set aside.
Replacement cost, escalated on published index figures rather than on a guess.
Ledger and narrative copied separately, so each lands in its own place in your survey report.

Yacht broker

A document that opens a conversation

Its reader is the seller, or a prospect deciding who to list with. Its job is often to help an owner's expectation meet the market.

Comparative graphics, so a seller can see the subject among the comparables rather than read an argument about them.
A recommended asking range, measured from the real list-to-sold spread in your own evidence.
A marker when an asking price sits above what the evidence supports — to inject reason, not to editorialize.
Works before anyone has been aboard, and says what it rested on.

The concluded figure is identical either way. Switching mode changes who is being addressed, never the arithmetic. There is one calculation, so there is one answer to defend rather than two.

Your firm nameYour credentialsYour contact line

Sales Comparison Analysis

Prepared as the market data analysis component of a survey or appraisal report.

2018 Grand Banks 42 Heritage EU · Effective date August 27, 2026

Indicated market value

Sales comparison approach, effective August 27, 2026

$378,000

Comparable sales and adjustments

Comparable	Sold	Age at sale	Age adj.	Other adj.	$ adj.	Adjusted
Second Wind2019 · Grand Banks 42 Heritage EU · sold 2025	$385,000	6	−8.0%	+5.0%	+$8,500	$380,410
Kittiwake2020 · Grand Banks 42 Heritage EU · sold 2025	$402,000	5	−11.0%	−2.0%	+$4,000	$354,624
Osprey III2016 · Grand Banks 42 Heritage EU · sold 2025	$358,000	9	+4.0%	+4.0%	+$11,200	$398,413
Marlin RiseOMITTED2018 · Grand Banks 42 Heritage EU · sold 2025	$298,000	7	−4.0%	—	—	$286,080
Mean of three retained sales						$377,816
Rounded for reporting, to the nearest $500						+$184

Marlin Rise was excluded as a distressed sale and is named here for that reason — the document discloses it rather than dropping it.

The document — your masthead, the concluded figure, the ledger, the exclusion named

How it goes

Three steps, and the slow one is optional

Bring the evidence in

Drop a broker sheet, a spreadsheet export, a PDF or a screenshot — or paste a listing address. Several sales can arrive in one pass. Typing it by hand is the fallback, not the route.

Adjust to the subject

Region, condition, equipment, hours, hull material, fuel, water use. Several adjustments set their own direction once both vessels' attributes are known, so the tool declines to guess where it cannot tell.

Take the document away

Copy the ledger, the narrative or the value statement, or download a self-contained page or a PDF. Your firm name, credentials and logo are on it. Signed in, every valuation is kept in My valuations as you work, drafts included, so you can come back to it.

The method

Rules the tool keeps whether or not you want it to

These are not preferences with a switch. They are what makes two documents produced months apart comparable to each other.

Sold prices leadWhat a buyer actually paid is the evidence. Everything else is context or corroboration.

Additive, never compoundingAdjustments sum. The result stays recomputable by hand.

Normalized at date of saleEffective age, so a model-year gap and a sale-date gap are not counted twice.

Guide data is referencePublished figures are never quietly averaged in. Relying on them is a deliberate, recorded choice.

Exclusions are disclosedBy name, with the reason, in the finished document.

Nothing unverified is writtenA figure that cannot be substantiated is omitted rather than hedged. The narrative gets pasted into signed documents.

How the figures are made

Arithmetic, not artificial intelligence

Every figure, every adjustment, every line of the ledger and every sentence of the narrative comes from fixed rules applied to the evidence you enter. The same entries give the same answer every time, and every step can be checked by hand.

Where AI helpsCapturing your own source material: reading a sales table, a listing or a guide report into the fields, for you to check. Equipment read from a listing arrives by name, with the dollar values left for you.

Where it never goesThe calculations, the adjustments, the ledger and the narrative. A language model can give two answers to the same question, and now and then a wrong one. A valuation cannot.

Said in the documentThe finished analysis states where AI was and was not used, and that its opinions are solely those of the preparer.

The built-in guideAnswers questions about the tool with AI. It explains. It never calculates, and it never changes a figure.

Your document

It carries your name, not ours

Firm name, credentials, contact details and your logo sit on the finished document. Drop the logo file straight onto the block and it is on every page you produce.

Stuck at any point

The tool explains itself

Small explanation panels sit beside the controls that need them, and a built-in guide answers questions about your open worksheet — what a flag means, which comparable it is talking about, what to do next. It explains; it never overrides the figure.

Read the full user guide