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Steps to Listing with a Broker

Listing your current boat with a broker can make all the difference.

Courtesy HMY Yachts

Whether you’re downsizing to a smaller yacht or buying up into a larger one, listing your current boat with a broker can make all the difference.

Here’s five simple steps to selling with a broker.

  1. Find a broker you trust. Trust in your broker is paramount. It’s important to find a broker – through recommendations or research – who is experienced in the market, has your best interest in mind and will work hard to get you top dollar.

  2. Discuss your history with the yacht. Give your broker detailed information about your yacht, including how it was used and how often, total engine hours, service updates, repairs, restorations and/or upgrades. This helps them identify selling points and potential sales challenges.

  3. Sign a contract. Listing with a broker is a mutually beneficial relationship with one goal: to get the most money for your yacht. A well-defined contract provides confidence in the partnership.

  4. Let your broker get to work. Once your broker understands the ins-and-outs of your yacht, they start the sales process. They’ll develop a comprehensive marketing plan ensuring maximum visibility among potential buyers. They’ll handle any surveys and yacht transportation too. And your broker negotiates top dollar for the sale. Just sit back and have confidence in your partner.

  5. Sign the closing papers. You and your broker have successfully sold your yacht. Sign on the dotted line.


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