How do I choose a boat broker?

Look for brokers at your marina. Ask around for recommendations and keep track of who rely on the same brokers for more than a single transaction. It will indicate how good those yacht brokers are at their job. You could also ask for help in a yacht club near you or a professional organization.

What do yacht brokers do?

A yacht broker is someone who helps you buy or sell your boat, not only sourcing possible yachts or buyers, but also negotiating prices, marketing yachts for sale, drawing up legal documents, and giving you expert industry advice.

What length is a boat considered a yacht?

Defining a Yacht While there is no official point at which a boat becomes a yacht, anything over 40-feet in overall length could conceivably be considered a yacht. In addition, as you move bigger in size, you will probably get into “mega-yacht” or “superyacht” territory.

Can yachts survive a hurricane?

Some yachts are built to withstand rough weather and high seas. However, no yacht is designed to withstand hurricanes. They may survive them while out at sea, but they aren’t intended to do so. Other yachts aren’t built to withstand rough waters or strong storms at all.

How to find a good boat broker?

– enjoys his job, – offers thorough explanations, – is prompt and responsive, and – likes dealing with the clients.

What do boat brokers charge?

– Reject the vessel outright and get a full refund – Ask the seller to fix the defect before accepting the boat, – Renegotiate the price down and fix the boat after the sale.

How to become a yacht broker?

At least 18 years of age

  • A fixed place of business
  • Employed as a yacht broker as your primary occupation in another state for at least three years OR
  • Own and operate a business selling new or used yachts in the state for at least three years immediately after applying for a license OR
  • How to sell your boat with a yacht broker?

    – The process of selling a boat can be time consuming – You must educate yourself about the boat market – You will need to complete all the sales paperwork – You will need to learn the processes, such as sea-trials and surveys