| Whether you are thinking of buying or selling your | | | | thousands of dollars. There may be those who will |
| yacht, you need to find a good yacht brokerage that | | | | over price the yacht, costing you time. Your yacht |
| you can trust. Some of the points that you should | | | | brokerage should have a good concept of the |
| consider are honesty, value and competency. Other | | | | market and how much to price a yacht. |
| points depend on whether you are the buyer or | | | | Always look for experience in a yacht brokerage. |
| seller. | | | | They should have been in the business for a while. |
| A yacht is a huge expense and many people choose | | | | The longer, the better, obviously as this shows |
| to purchase one from a yacht brokerage. A | | | | they're able to stay in business. They will not only be |
| brokerage sells boats to interested parties for a | | | | able to sell your yacht at a good price, but also be |
| commission. Obviously, before you consider which | | | | able to find you the perfect yacht if you are seeking |
| one to go with when selling, you will want to know | | | | to purchase one from a broker. |
| the commission rate that they charge. Most will | | | | Make sure that you get the best value with your |
| charge a higher commission rate for a smaller boat | | | | brokerage. Look for a broker who knows the |
| than for a larger boat. You should know that all | | | | business and the market and will act in a professional |
| commission rates are negotiable. Make sure that you | | | | manner as well as make you a good deal on the |
| shop around for a yacht brokerage that will give you | | | | commission. |
| a good deal, especially if you have a larger vessel to | | | | In order to find the best yacht brokerage, you will |
| sell. | | | | have to shop around. Talk to a couple of people until |
| Naturally, whether you are buying or selling, you want | | | | you get comfortable with one. Find out about their |
| to look for honesty in a yacht brokerage. No one | | | | experience. See the selection that they offer before |
| wants to deal with a dishonest person in any way, | | | | you make your purchase. |
| but some people are very dishonest without seeming | | | | Neither the seller or buyer should deal with a |
| to be. Check out the reputation of the brokerage | | | | brokerage that is pushy or insists that you sign a |
| before making a commitment, and make sure that | | | | contract that you do not understand. These legal |
| there are no complaints filed against them. | | | | contracts are binding. If you do not understand the |
| The brokerage should be competent when it comes | | | | contract, you should consult with an attorney. Also |
| to knowing how to price your yacht. Those who are | | | | remember that buying a yacht is like buying a home. |
| not familiar with the business may end up | | | | You will want to screen the firm as you would a |
| underpricing the vessel, costing you tens of | | | | home brokerage firm. |