Frequently Asked Questions for Yacht Brokers

1. Why should I use a yacht broker instead of selling/buying a boat on my own?

A professional yacht broker handles pricing, marketing, negotiations, contracts, closing documentation, sea trials, and escrow. This protects you from costly mistakes and dramatically simplifies the process.

2. What does a yacht broker charge?

Typically, brokers earn a commission paid by the seller at closing. There is no cost to buyers in most cases. Commission structures vary but are commonly 10% on most transactions.

3. How do you determine the value of my boat?

We use recent comparable sales, current market listings, condition, equipment, engine hours, upgrades, and regional demand to provide an accurate market valuation.

4. How long does it take to sell a boat?

Average time on market varies by boat type, price point, season, and condition. Clean, well-priced boats with good photos and records sell the fastest—often within 30–90 days.

5. What paperwork is involved in buying or selling a yacht?

Brokers manage:

  • Purchase and Sale Agreements

  • Title searches

  • Lien searches

  • Escrow handling

  • State/Federal registration or documentation

  • Bill of sale

  • Closing statements

We ensure all documents are accurate and processed correctly.

6. Should I get a marine survey?

Yes. A survey provides a professional assessment of the vessel’s condition and helps identify issues that may affect value, safety, or insurance eligibility.

7. What happens during a sea trial?

A sea trial is a short on-water test with the buyer, seller, and surveyor to evaluate the vessel under normal operating conditions.

8. Do you help arrange financing and insurance?

Most brokers maintain relationships with reputable marine lenders and insurance providers and can assist in coordinating these services.

9. How do you market my boat?

Marketing typically includes:

  • MLS listings

  • High-quality photography

  • Video walk-throughs

  • Social media campaigns

  • Email broadcasts to buyers and brokers

  • Targeted advertising

The goal is maximum exposure for a fast, high-quality sale.

10. What should I do to prepare my boat for sale?

A clean, well-maintained boat sells faster and for more money. We recommend:

  • Full detailing

  • Removing clutter

  • Updating maintenance records

  • Addressing simple repairs

  • Ensuring batteries and systems are operational

11. Do you handle closing and transfer of ownership?

Yes. We facilitate all closing documents, escrow disbursement, lien releases, and transfer of title/documentation to ensure a smooth and legally compliant transaction.

12. Can you help with transporting or delivering the boat?

We can coordinate professional transport or captain services for relocation, deliveries, or sea trials.