Negotiating 10% Commission With Your Yacht Broker

Negotiating 10% Commission With Your Yacht Broker


When selling your yacht the only thing
more expensive than not agreeing to the 10% commission is exactly that. As yachts sit on the market for extended time and don’t sell while every similar yacht sale decreases your sale price so it’s very
important that your yacht gets sold QUICKLY and at the HIGHEST price but
just like anything that 10% commission gets split amongst your broker the
person bringing the buyer to the table and the brokerage houses they’re
employed by so to get the most of the agreed upon 10% make that
broker selling it put some skin in the game by having them take
professional photos. you see million dollar, 5
million-dollar., 10 million-dollar yachts with terrible quality photos and this
is really unacceptable especially if someone stands to make so much money off of me. The very least you can do is to hire a professional photographer and a videographer for that
matter to make sure you produce good QUALITY content to assure that your
yacht gets sold. The second thing you can do is to have your broker put some skin in
the game by having them cover the cost of dockage while your yacht is for sale.
Some brokers might not have access to dockage while some owners out there
might be paying a premium but a yacht broker that is to cover dockage is not going to give you an
INFLATED or UNREALISTIC sale price simply to secure the listing They’re going to give you a realistic sales price and do all they can to sell that yacht as quickly as they can at the
highest price to make sure that they stay flush within their outlay and
the Third way to have your broker put some skin in the game is to have them cover the cost of putting your boat in a boat show as it’s common to have these costs passed to the owner and while a boat show really is a
prime opportunity to showcase and sell your boat too often, owner’s don’t get a full effort as their boat is used for the broker to get drunk, away with other clients or they hire models on stand onboard that
can’t answer a single question about the particular vessel letting a big opportunity slip by so having a broker pony up some money you can rest assured that they’re
going to do all they can to sell that boat at the show which again is the best sales
opportunity you can have for any given yacht so the only thing more expensive
than not agreeing to a 10% commission is not paying it but if you do these things
you’ll be very happy with the end result you won’t have brokers misleading you with unobtainable prices to secure a listing so your yacht won’t sit on the market
incurring additional costs If you agree with what I said here be sure to give this video a big thumbs up and if you want any help marketing your vessels
I’d love to help you out with that as well. Please be sure to comment and subscribe and
head over to my website www.theyachthunter.com

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