Brokers when selling yachts are very similar to real estate agents when it comes to how they work. A person who wants to buy a boat can consult the expertise of a yacht broker to help him choose a suitable boat at a normal price and start the sale and purchase transaction. There are many advantages to working with a yacht broker.
We will cover the main ones.
The yacht broker will listen to you very attentively at the first meeting, because he needs to understand what kind of yacht you want, for what purposes you are going to buy it. The key point for him is understanding what you need, then he will be able to offer the appropriate product at an acceptable price. Brokers usually have a whole list of boats and can offer several options for you to choose from.
Using extensive knowledge of the current trends in the market for the sale of boats and yachts, the broker will help to issue a purchase proposal. This document will be useful in negotiations regarding the price of the vessel, all the terms of sale will be spelled out there.
After checking the yacht for defects and making sure that the vessel is in good order, the buyer informs the broker. He usually oversees the inspection and even tests the yacht on the high seas. This is one of the most important aspects of the entire buying process. You need to be sure that your new boat will perform well and that you do not have to spend extra money on expensive repairs that suddenly need to be done. Therefore, you should check that there are no defects in the housing or problems with the engine. This is where the professional experience of a yacht broker comes in handy, as he will know everything about the problems of a particular vessel if any.
You may need a loan to buy a yacht. Some brokers can even help in this area. No, they will not lend you money, but in most cases, they will give you some useful advice on how to get a loan. Given the specifics of this business, yacht brokers have many connections throughout the industry. You can also ask your broker which company is the best to insure your boat. Even if you want to take some lessons in boat management or sailing, the answer is obvious to you – contact a yacht broker.
This article was written by Ed Massey, President of Massey Yacht sales and service. Massey Yacht Sales & Service has continuously been in the yacht sales and outfitting business since 1986. At Massey, customer satisfaction has been and will remain our most important measure of success. If you are looking for yacht brokers in Florida then click here to learn more!