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Brokerage for motor yachts |
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Brokerage service for motor yachts makes sense for both interested buyers and sellers because the buying and selling process of boats is definitely not as simple as putting a "FOR SALE" card on a vessel. Often, thorough understanding of the boating market and expert knowledge of the procedures of boat deals are very important.
When acting in behalf of buyers, motor yachts brokers can typically help you undertake the pertinent steps in acquiring your boat. Brokers can assist you with travel arrangements so that you can inspect the boat that you are eyeing.
They can also help you in securing marine survey report for your chosen vessel, get expert valuation of the boat, hook you up with best possible sources for boat financing and insurance. In addition, motor yachts brokers can give you tax advice and assist in completing registration and documentation requirements for your boat.
In terms of choices, brokerage firms could also show you a wider selection of boats of all types and sizes, while walking you through the merits of various options available to you.
When acting in behalf of the sellers, these brokers could also provide valuable assistance to boat owners. With a complement of trained salesmen and personnel, they could market your boat much more effectively by leveraging on their extensive database of prospective buyers and their access to relevant Internet sites. They are also more familiar about placing advertisements in the appropriate marine magazines and publications.
Some brokerage firms such as the Eastern Yachts offer a comprehensive photo-guide to your boat including specifications, layout diagrams, sail plan, and other important information that will make your boat more saleable. This way, interested buyers get a better picture of the boat.
These brokerage firms aim to make the selling process as easy and convenient for you. When an interested buyer makes an acceptable offer on your boat, they can immediately conduct the demonstration and arrange surveys. They will facilitate the negotiations between you and the buyer to make sure that there are no hitches in the transactions.
Typically, brokerage fee should cover the costs for advertising, administration, transfer of title and mooring fees.
There are some firms who go the extra mile of making sure that your boat is presentable. For a certain fee, they could assign a valeter to clean your boat's interiors and exteriors. The service charge depends on the size of the boat and how often and extensively you want it to be cleaned.
Brokers are also very important when it comes to handling funds. Professional brokers use an escrow account for clients' funds. This is to make sure that all existing loans and other charges are settled at the close of a transaction. Having this safeguard fund is very important to protect the interest of both the buyer and the seller. There have been unfortunate cases of private transactions of boat deals that did not involve brokers when either the buyer or seller got victimized.
A good broker does not end his job after the sale, though. Your broker should be able to help you find moorage and yacht maintenance and repair specialists or facilities. With the brokers' rich knowledge of the boating circles, they are probably the best people to ask for referrals on concerns such as classes on sailing, boat handling and seamanship. They can even assist you chart a course for your newly purchased boat. They can also network you with boat clubs, races and other events sponsored by builders and dealerships.
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