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Yacht for Sale? What You Should Know!


Yacht for Sale, reads the sign on your boat! At first glance selling your yacht privately may seem like a relatively easy and inexpensive way to go. But consider the following.....

By Debbie Whiteaker, from Whiteaker Yacht Sales, Bradenton, FL


by Dreamstime

A professional yacht brokerage will advertise your yacht in a wide array of sites and media locations both domestic and international.

They have the tools to get the maximum exposure included in a multiple listing system, client databases, print advertising, internet advertising, co-brokerage potential and industry contacts.

A good yacht broker will be able to customize the advertising program to get the most attention for your yacht. Knowing the industry and knowing which internet sites and which boating publications to advertise your boat in is very important when you have a yacht for sale.

This can be very expensive and time consuming proposition if you are trying to sell privately. Now consider the multiple listing systems. Close to 75% of yacht transactions are cooperative sales through other yacht brokers. Through worldwide multiple listing services and other marketing networks, a broker has the tools to maximize exposure to your yacht.

Brokers are educated about how to price and market your yacht for sale. They can recommend methods to make your yacht more presentable to the market thereby making it more desirable to the public. They will be able to give you information about the current market and help price your yacht accordingly.

A broker can save you time and headaches by qualifying the prospective buyers. Experience has taught them to be able to size up the buyer and determine whether he is a serious shopper looking to make a purchase now or someone with a long term dream of someday making a purchase (usually when he wins the lottery).

A broker will be the middle man, helping to negotiate a fair price for your yacht. He can help you evaluate a buyer's proposal without compromising your marketing position.

A well educated and experienced broker is a good closer. He can help resolve those unexpected results that almost always arise after a survey by either negotiating a price concession or helping you to coordinate and complete repair requests.

by Dreamstime

And finally he's there to make sure the closing process goes smoothly. He'll help coordinate all the necessary paperwork making sure the process is completed in a reputable and legal manner.

He'll be responsible for escrowing the deposit and accepting and distributing the final payment to all parties involved. In the long run a broker may actually save you both time and money when you have a yacht for sale. He's experienced at negotiating the best possible price. He'll be able to sell your yacht sooner thereby saving you months of dockage fees, insurance premiums, and maintenance costs.

He'll save you time by qualifying buyers and saving you the aggravation of showing the yacht over and over to buyers not suited to the vessel or not yet ready to make a purchase.

In Closing... Whether selling or buying, a professional yacht broker will be able to assure a smooth process with the end result being a stress free and profitable experience for both seller and buyer.

From yacht for sale go back to yacht ownership!


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