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Sell your boat with the help of a yacht…
NAUTICAL BROKER, YOUR GREAT ALLY IN THE SALE OF YOUR YACHT
It is highly convenient to count on the collaboration of a yacht broker. yacht broker when you do not have the time or the dedication necessary to carry out the the sale of a boat.
If you do not wish to assume these responsibilities, the easiest way to do so is to contact a yacht broker to help you with the sale of your boat.
The yacht brokers focus on achieving a successful and satisfactory transaction for both parties, buyer and seller.
These specialists offer a wide range of services, from advice on setting the most appropriate price for your boat for sale, to complete administrative management.
It is common for yacht brokers specialize in a particular type of used boats, either by geographical area or by length.
How to sell your boat with the help of a yacht broker
Selling a boat can be a difficult and tedious task, especially if you have no experience in the industry. If you are short on time or prefer not to handle the sale of your boat directly, you can seek the help of a yacht broker to ensure that the process runs efficiently and successfully.
In this article, we tell you everything you need to know about how to sell a boat with the help of a yacht broker.
selling a boat with the help of a yacht broker.
What do yacht brokers do?
Yacht brokers are experts in the sale of boats, as they are dedicated to promoting and protecting the interests of their boat owning clients. These intermediaries act on behalf of the seller and agree on a series of services and conditions in order to sell the vessel in the shortest possible time and at the best price.
In addition to advertising the boat so that it becomes known to many potential buyers, they are also in charge of conducting effective negotiations, eliminating obstacles that may arise in the sales process.
Its objective is to facilitate the sale and reach an agreement that benefits all parties involved.
How can a yacht broker help you sell your boat?
1- Helping you define the right price for your boat
To ensure a good sale, it is essential to define an appropriate selling price. By using the services of a broker, you can be sure that your boat will be properly valued in the market.
This is because the broker has access to confidential information, such as the actual selling prices of boats similar to yours, which are not available to the general public. Therefore, the broker is able to determine a fair and competitive price for your boat.
2- Advertising your boat in the most appropriate way
Your broker will prepare a plan to advertise your boat on the most visible portals, such as Yachtworld, Cosas de Barcos or TopBoats, among others.
The broker can recommend different methods of reaching potential buyers that go beyond online portals. Depending on the type of boat, he can suggest additional strategies to reach the right audience with your ad.
One of these strategies can be to send the advertisement to potential buyers by e-mail, in order to increase the chances of selling your boat. The broker’s main objective is to help you find the right buyers for your boat, using all available resources.
In our case, we publish on more than 20 specialized platforms:
3- Preparing the boat for sale
The broker can advise you on improvements you can make to make your boat more attractive to the market. He will assist you in identifying problems and offer solutions for both the maintenance and decoration of your boat.
In addition, he will be able to arrange for repairs and suggest finding a mooring or slipway to make the boat more accessible during the sales period.
4- Respond to inquiries from interested parties
The figure of the nautical broker is essential both to filter interested and curious people and to respond to the consultations of both, saving you time and avoiding false illusions.
It is important to distinguish between these two types of stakeholders because answering questions and providing detailed information can be a major effort. If you spend a lot of time answering questions from people who have no real intention of buying, you can waste valuable time and perhaps even lose a real sales opportunity.
This is where the fundamental role of the yacht broker comes into play. nautical broker. A good broker will know how to distinguish between the genuinely interested and the curious, and will be able to filter the inquiries so that you only have to deal with people who are genuinely interested in buying your boat.
In addition, the nautical brokers have in-depth technical knowledge of the vessels and can answer detailed and specific questions that other interested parties may not understand. This means that even if someone is genuinely interested in buying, a broker can handle most inquiries and leave you time to handle other important tasks related to the sale of your boat.
5 - Visits to the ship
Moreover, if the ship is far from your home, this service is even more valuable.
6- Manage all administrative aspects
A yacht broker can take care of all the formalities related to the sale, from inspections to sea trials, as it is common for buyers to request these measures in order to know the condition of the boat.
Problems may arise during testing and inspection, but an experienced broker knows how to handle the situation and achieve a fair and mutually beneficial negotiation. In addition, the broker’s intermediation can be key in the agreement between seller and buyer.
7- Transfer formalities and tax filings
A yacht broker has a thorough knowledge of the security legislation and documents required for the transfer of ownership of a boat, including title deeds, purchase and sale contracts, taxes and more.
In addition to being experts in selling boats, brokers also offer management services to help you through the whole process and make the end of the sale even more satisfying, especially if your time is limited or you don’t want to add more complications to your life.
Broker's services and commission
If you choose to sell your boat with the assistance of a nautical brokeryou will have an expert in the market who will transmit confidence to potential buyers.
You as the seller can decide which services you want to hire, such as whether you prefer the broker to show the boat or whether you will do it yourself. You can also opt for the broker to take care of the maintenance and cleaning of the boat for buyers’ visits.
In some cases, the broker may accept the boat as part payment for the purchase of a new one. You can also choose whether to agree the sale exclusively with one broker to pay a lower commission or to use several brokers.
The broker will require documentation proving ownership of the boat, its maintenance and any other relevant documents to ensure that the sale goes smoothly and without delays. If you do not have the necessary documentation, the broker can help you find the best solution for this type of inconvenience.
For more information about: documentation and taxes in the sale of a boat, please contact us.
We hope you have enjoyed this article and that it has helped you to understand in more detail what our work consists of.
Have a great sailing, and see you on the high seas!
A modern-quality autopilot is worth its weight in gold (as they say). If you are sailing short-handed, then it is almost essential on a reasonable-size fin keel yacht. I can argue an exception if you sail a long-keel yacht. It is possible to set sails, add a little weather helm and keep on trucking(as they say). Locking the helm will require navigational input over time, but it’s great fun!
I selected reverse when sailing for years to save wear and tear on my yacht gearbox. They said that the components inside the gearbox are fixed and wearing (sounds reasonable) because the prop stops spinning. They also say that a fixed propellor creates less drag than a free-spinning prop (no idea about that). Then I met some people who sailed the Atlantic having to replace a gearbox on a reasonably modern yacht. Selecting reverse to lock the propellor over long periods puts a strain on the gearbox clutch that can cause It to wear out (wow, I never knew that). The solution, if you are concerned, is a folding propellor. It’s a lovely thing to have, and a buyer for your yacht will be happy you invested money in one.
Perhaps the Dyson fan will work well in smaller boats, but Air conditioning with a reverse cycle heat setting will transform the pleasure of sailing when you can hook up to shore supply. Lots of Mediterranean Marinas do not charge for electricity. They see it as part of a package deal. So from the moment you arrive until you depart, you can keep the yacht chilled to a perfect temperature if you are in a marina. Just like heating, Air conditioning will transform your boating experience.
Before you buy a yacht, you must know that ff you plan to spend a lot of time at anchor and are spicing up a new 15-metre-plus yacht, then a factory fit generator might be on your list of extras. It only made my list because I wanted to comment on the difference between fitting a low-cost aftersales unit and a proper factory-integrated unit. A Lot of research is needed if you are going down the generator installation route. In my experience, few companies can save money on a factory-installed unit.
Let me explain the thinking behind the statement above. For example, let’s take the Hamble in the UK. This is a place where buyers can find every type of boat. However, if I was interested in buying a racing yacht, the Hamble in England might be a good starting point to investigate racing yachts. The Hamble is the centre of the UK Marine industry and where many companies support sailing as a sport. On the other hand, if I was looking to purchase a superyacht, I might contact Yach Brokers along the southern French coast in or around Monaco.
We hadn’t been open for business long in Spain when an enquiry came in from North America. I was fascinated by a young Canadian couple’s mindset. They inquired about a 15-metre sailing yacht we had just put for sale on brokerage in Barcelona. They planned to fly to Barcelona (they said it looked like an easy place to get to with lots of boats). They would buy a one-way ticket and sail the yacht back to Canada after first learning to sail in the Mediterranean, where sailing was easy. Wow, the logic was astonishing. Look at the Globe and the Mediterainina was nothing more than a big lake. Plenty of places to visit. Perhaps they would spend a summer in Europe before crossing the ocean. Put that way, It sounds fantastic!
Many years ago, we took a beautiful Jeanneau 43 DS Yacht in exchange for a new Jeanneau 47 Ds. The 43 was in Palma Majorca, Spain. Part of the deal being we collected the PX and shipped it back to the base in North Wales. The deal was done, so we flew to Mallorca to collect the yacht. We sailed her back to Northern Spain, where she was collected by truck and delivered to the UK.
the fault more quickly was leaving the marina. It was impossible not to motor against a strong incoming tide until fifteen minutes after leaving the berth. One might motor for half an hour on a bad day until sufficient water was under the keel, allowing the engine to be extinguished. My point is the engine was always running, so it was difficult to isolate the problem. The strange thing was that when the yacht sat for extended periods, the bilge stayed bone dry.
little, but I had to find the cause. Another conversation with the old owner confirmed my suspicions that this problem had been around since the yacht was built. I had paperwork evidence that the flexy exhaust system had been changed under warranty. This had not resolved the issue.
silencer is not visible without removing even more floor sections, and what a job that was! Not convinced it was leaking, eventually, we decided to remove it to examine the underside of the engine. It’s not an easy job to get it out, but finally, out she came. Absolutely nothing to see!
Now we get to the point of telling you this story. As it happens, the mystery was not confined to our yacht. I helped another dealer who was having a nightmare with a client. The same sort of problem, a tiny leak, but not when the yacht sat idle, so it was tough to diagnose the problem.
