Travel Blog

Finding The Best Broker To Sell A Yacht

7 0

Whether you are looking to buy or sell a yacht, you will want to use the services of an experienced and reputable superyachts brokerage, which can help make the process much more manageable. Using a broker can simplify the process of buying or selling a yacht, and you can sit back and relax while they sort out the paperwork and all the details needed. Below are some ways a reputable broker can make it much easier to buy a yacht or sell your existing one.

Before You Speak To Your Broker

There are things that you will need to do before you start looking or talking to a broker to sell your yacht. You will need to prepare the vessel for sale, which means ensuring it is in excellent condition and that you have all the paperwork for it in order. You will need to ensure the yacht is spotless and the engines are fully functional and have been serviced. Once this has been done, you can start looking at the various brokers that can help you sell your yacht.

Finding A Reputable Broker To Sell Your Yacht

Your next task will be to find a reputable broker to help you sell your vessel and get the best price possible for it. You will need to keep in mind that there is a limited market for buying and selling superyachts, as most people cannot afford them. You can expect to pay a commission of around 10% to the broker for the sale of your vessel, which can be a large chunk of change. If any broker asks for payment upfront, move on to the next one and do not deal with them. The tasks you can expect the broker to deal with include:

  • Advertising the yacht for sale in various publications and online properties.
  • Helping you settle on a suitable price for the yacht ideal for the current market.
  • Deal with all the enquiries received about your yacht for sale.
  • Arrange viewings of your vessel for interested parties.
  • Take care of all the paperwork to complete the sale of the craft.

You will need to carefully select the company you use to sell your yacht and choose the one you have the best rapport with when talking to them. You will need to ensure the broker you choose has an excellent record of selling their vessels quickly, or you could end up trying to sell your luxurious yacht for the next few years. For more information about finding and selecting a suitable broker to sell your vessel, click here.