The boat market has drastically risen over the last 3-4 years. More and more people are willing to spend money on these fabulous items. Those who are willing to sell their boats are getting a great value for their vessels.
That being said, good quality boats will be fetching good prices. For more on determining what your boat is worth, contact Myers Yacht Sales at 850-432-5500 today.
How Will I Benefit From Using a Yacht Broker?
How Will I Benefit From Using a Yacht Broker?
A yacht broker is just like your typical real estate agent. When it comes to selling a boat, the easiest way to do it is through a yacht broker. Although some will prefer engaging different customers by themselves, it would be less of a hassle if you sell through a yacht broker.
For a small commission, the broker will guarantee a timely sale of the boat, handle the total transaction and get you on your way.
For the best Yacht Broker in Florida, contact Myers Yacht Sales at (850) 432-5500 Today.
How Does One Go About Choosing The Right Yacht Broker?
The process of looking for a yacht broker to sell you boat is often a headache. This is because there are many quacks and cons out there who will cheat you and escape with your boat. The best way to enlist for a broker’s services is to rely on referrals.
The people who refer you to a particular yacht broker should be people you trust and know very well. The majority of the brokers are also licensed by the state. As such you should ask to see the license.
What Is The Best Time To Sell A Boat?
The prices of boats in the market are not determined by the seasons. The prices remain steady all year round. In contrast, the traffic is slightly reduced during the period between December and February.
The time to sell should, therefore, be considered when the seller needs to get rid of the boat faster than getting more from the boat.
What Can Be Done To Hasten The Sell?
There are primarily two things that a seller can do to ensure a quick sell.
CENTRAL LISTING AGREEMENT
This Central Listing Agreement defines the terms and conditions whereby MYERS YACHT SALES, LLC., hereafter called Broker agrees to manage the sale of the vessel described below on behalf of the undersigned owner/agent, hereafter called Owner.
Vessel Name__________________________ Year _________Length_________Mfg. ______________________Model_______________
Type ________________Hull ID #___________________________________ Doc # ___________________State Reg # ________________
This agreement shall be effective for 90 days from this date and thereafter, until revoked by a 60 day written notice by either party. _____________initial Broker shall have the sole right and authority to manage the sale of the above described vessel at the Listing Price of
$___________________.
1. Owner agrees to deliver the vessel in good title, free and clear of liens. The usual and customary practice for examination, water trials, bottom inspections, surveys and closing the transaction shall apply.
2. For securing a purchaser for the above described vessel: Upon the sale, donation, trade or exchange of the vessel, or if it is otherwise transferred or conveyed during the term of the agreement the owner agrees to pay a commission of 6% of the sale price or $2,000.00, whichever is greater. This commission shall be paid to MYERS YACHT SALES, LLC, whether the purchase is secured by Broker, or any other party, at the price and terms mentioned or at any other price and terms acceptable to the seller. Should the vessel be sold or traded after termination of this agreement, within 6 months of official notification of termination, to a party, their assigns, or controlled business entities that was procured through the efforts of Broker, or co-operating brokers, owner shall be liable for payment of the full commission. _________(initial)
3. Owner agrees to provide easy access to the vessel at all times, for the purpose of showing while not in use by the owner, to refer all inquiries of brokers or other interested parties to Broker on a timely basis; to notify Broker should the vessel be moved, or temporarily not available for showing; to allow Broker to prominently display a “For Sale” sign during the term of this agreement and to replace sign, if removed during use of vessel.
4. Broker agrees: to carefully inspect and secure complete information regarding the vessel, to provide local and national marketing information in regards to the value of the vessel in order to determine a market value, to direct concentrated efforts of the organization in bring out a sale, to advertise as deemed advisable, in local and national advertising venues, at not cost to the seller, to arrange for surveys, bottom inspections, sea trials, at the direction of the seller, to assist the buyer in arranging financing, to assist in the closing, to show the vessel as required, to promote the sale of the vessel through national electronic listing services, of which broker is a member in good standing.
5. As owners agent, Broker is authorized to accept receipt for, and hold all money paid or deposited as a binder theron and if such deposit be forfeited by the prospective buyer, Broker may retain one half of such deposit, but not to exceed the amount of the commission, as compensation.
6. Owner indemnifies and holds Broker and agents harmless against any loss, damage, theft, suit or claim arising while the vessel is being shown, handled, ferried, or in the possession of Broker, at the direction of the owner. It is specifically understood and agreed that the Broker does not assume and is not delegated, by the owner, care, custody, or control of vessel by reason of this agreement. Broker will not move the vessel from its berth without expressed approval and acceptance of these terms from the Owner.
7. Owner understands that this agreement does not guarantee a sale, but it does guarantee the Broker will make and earnest and continued effort to sell the vessel until the agreement is terminated.
8. In the event of any dispute, claim, questions or disagreement arising out of our relating to this agreement or the breach thereof, the parties herto shall use their best efforts to settle such disputes, claims or disagreements. To this effect, they shall consult and negotiate with each other, in good faith, attempt to reach a just and equitable solution satisfactory to both parties. If they do not reach such solution within 60 days, then upon notice by either party to the other, disputes, claims or differences shall be finally settled by the laws applicable in the State of Florida.
9. Owner acknowledges having understood the terms of this agreement and receipt of a signed copy, that this document represents the entire agreement of the parties, that no other representations, warranties, guarantee of sale or promises of any kind have been made to me other than those set forth herein, and that this agreement is binding on all heirs, executors, successors, and assigns of Owner and Broker.
