Yacht brokerage – A Simple Guide

Yacht brokerage is one of the extremely essential components of the yacht market. A yacht broker is the one who serves the buyers and sellers by assisting in the sale or purchase process. The broker is paid an agreed upon commision on completion of the sale or purchase process. For the sellers, a yacht broker markets the yacht, handles inquiries by potential buyers, prepares presentations and demonstrations, attend sea trials and finally if successful participates in the delivery process. On the other hand, for a yacht buyer , the broker assists in finding a vessel that qualifies their specific requirements, does negotiation, and helps in the acquisition process.

A broker is usually paid on commision basis which is most of the times agreed upon before sale or purchase. The commission is paid by the owner of the yacht. It may be a net amount as stated by the broker or as a percentage of the sale price. Usually it is 10% of the sale price but it may vary as per the negotiation between the owner and the broker. However, a yacht broker should not be confused with the yacht charter broker as a yacht broker only assists in the sale and purchase of the yachts and does not deal  in rent or hiring.

Hiring a yacht brokerage company helps the buyers in many ways. The broker for example may do initial inquiry as per the specifications stated by the buyers thus saving buyer’s time and energy. Not only this a yacht broker also assists in getting boat loan and marine insurance. They also help in making offers on a pre owned boat or a new boat. Yacht brokers are also familiar with the paperwork requirement of their country, state or province. The greatest advantage of hiring the services of a yacht broker is that they know the art of negotiation. Hence they are prone to get the best deals and terms for the client.

Buying or selling a yacht requires skills, experience and knowledge. It is not something to be left to immature hands. At MBC YACHTS, our professionals know the yacht industry as well as the yacht brokerage market and the process. Our team strives to get the clients the yacht of their dreams that best matches their passion for sea. We have the right platform as well as all the avenues available for the buyers to find a yacht that best suits their requirements and for the sellers to market and get the best deal for their yacht. We offer unmatchable services even after the sales. Moreover, we have extensive contacts with qualified brokers in the industry also our team works closely with the world’s leading builders, designers, naval architects, captains and suppliers. By entrusting us with the brokerage responsibility, you can forget your worries and enjoy sailing offshore. Contact MBC YACHTS today for the best of the world yacht brokerage services.