Yacht brokers are highly qualified experts who render mediatory services while purchasing or selling a vessel. A yacht broker is not only responsible for transactions proceedings, but also for their efficiency at all times. A professional broker should make sense of all aspects of the yacht practice, the legal aspects of purchasing, assist in selecting and selling a high-quality vessel and ensure her delivery by sea or land.
A broker is also responsible for advertising of your yacht. As a rule, productivity of an advertisement is directly dependent on a broker’s reputation and his associations with companies that act in the yacht market all over the world. An experienced broker values his reputation, clients’ references and feedback, so he aims to provide the fullest information on any given vessel and market analytics. Dealing with a broker strongly guarantees the settling of a more profitable and faster transaction rather than you completing it on your own.
Choosing a yacht broker
1. Where to start?
Make sure that the broker you are selecting is licensed. It will help you to avoid possible trouble with reselling companies that misrepresent themselves as yacht brokers. Ask your broker to show you a copy of his license and check his name in his company’s list of active registered brokers. Governments of many states including the US (Florida, California) require licensing of yacht selling activities. High point brokers in Florida are members of the Florida Yacht Broker Association