| When you've finally decided that you want to buy | | | | and its history. |
| a luxury yacht, the problem of finding the right | | | | Boat Loans and Insurance |
| boat for you often comes up. If you are not that | | | | Brokers can help you get connected with other |
| knowledgeable with the business, purchasing one | | | | companies that give boat loans and insurance. |
| would definitely be a difficult process for you. | | | | They can help you out with the price negotiations |
| In buying a luxury yacht in the U.S., there is one | | | | and in ensuring the future safety of your vessel. |
| way that can make the experience less difficult | | | | Paper Works |
| and faster for you. This is by the help of a | | | | There's a lot of paper work included when you |
| broker. | | | | buy a yacht. Brokers are familiar with these |
| What is A Broker? | | | | procedures and can take care of them for you, |
| A yacht broker is similar to a real estate agent. | | | | whether they're documents for the country/state |
| He is the one whom boat buyers consult when | | | | province, the initial Offer to Purchase, the Bill of |
| they want to acquire a boat. On the other hand, | | | | Sale, registrations, licensing, documentation, |
| he is also hired by boat dealers or owners to be | | | | certificates of ownership, tax charges, security |
| their representatives and sell their vessels. He | | | | agreements, and much more. |
| usually gets a commission from the seller with | | | | Trials and Surveys |
| every successful transaction. | | | | If you are buying a pre-owned luxury yacht, you |
| There are also other roles that brokers play, | | | | have to request for a sea trial and get a marine |
| other than just giving consultations to buyers. | | | | surveyor. Your broker attends the trial with you |
| Basic Inquiry and More! | | | | and helps you out with the results of the survey. |
| A broker will closely listen to all your needs and | | | | He can do the estimations on the needed repairs, |
| wants and tell you if the boat that you are eyeing | | | | how long it would take, how much, and where to |
| on is the right one for you. You can ask him basic | | | | find the necessary equipment for the vessel's |
| questions, like the price of the boat; but be aware | | | | repair. |
| that he can give you more than that. | | | | Negotiations |
| He can inform you objectively about the vessel's | | | | The broker is the middleman between you and |
| condition before deciding whether you'd want to | | | | the seller. He can help you negotiate your way to |
| take a look at it. Brokers can also notify you if | | | | a good deal. He can also warn you whether the |
| there are other similar boats in the market. He | | | | transaction is a win-win situation for you or not. |
| can tell you how long it has been on the market | | | | |