The yachting community enlist the services of yacht brokers because they are in tune with the yachting family, often expensive yachts are purchased by those effluent buyers upgrading to a bigger vessel, looking to sell the smaller yacht they currently own. This transition helps the buyer and seller get together more easily and helps have a contact to go to when you have questions.
But, what are some of the other reasons to use a broker; often yacht brokers are some of the most experienced yachtsman in the yachting community, they know yachts and often own one themselves, they have the knowledge about the ins and outs of a vessel, what each and every accessory is for and how it works.
They have contacts, knowledge and formal contractual paperwork, they insure your deal is on the up and up, less chance of being scammed either by buying or selling. They know people in the business, marinas and local shops, they can help you get a marine survey without any hassle and they can offer valuable ideas to help sell your yacht faster.
Yet, the main reason to use a broker is experience. They know how to sell a yacht, they know how to market your yacht to make it sell, often times their marketing ideas are what helps sell the vessel, without them, you probably wouldn't have had the exposure you would have on your own.
As far as fees applying to your sale or purchase, Brokerage companies help absorb the price into the final sale, often leaving you to pay nothing, if your selling, they will help you decide an asking price and help you cover the fees. So the bottom line is yacht brokers help sell yachts on consignment and with their assistance your yacht sells, that's the difference, if your wanting to sell your vessel yourself for fear of fees, your fears are unfounded, yacht brokers charge reasonable fees and often incorporate those into the sale. My advice, list your yacht with a broker!
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