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Hiring A Yacht Broker To Sell Your Yacht

Welcome to another informative yacht review on Yacht Hunter. In this video, Today I will be discussing the important topic of hiring a yacht broker to sell your yacht. Let's explore the best yacht broker video with me and subscribe and subscribe to my channel.🙏🙏 ⏲️⏲️ Time Stamps ⏲️⏲️ 00:00 Intro 00:13 Commission 00:33 Similar listing 01:16 Overvalued 01:49 Not Marketing 02:50 Outro Hey guys. Today you’re looking to buy a yacht but one day you’re going to sell it, and when you do, there are a number of questions you need to ask the person selling your yacht to make sure they’re going to do a great job since they stand to make a lot of money off of you. Hopefully, you’ll allow me to represent you in your purchase but we’ll need to make sure the person who sells your yacht does it quickly and at the highest price point which is really important, for a couple of reasons. 1) Owner Bias – Most owners believe their yachts should sell at one number that’s more than a willing buyer will pay. Some brokers agree to this knowing that it won’t sell but they’ll take inquiring customers and lead them to more realistic options. 2) Price Movement – With every sale, the potential purchase price drops so being competitive with a vessel in great condition is key to optimizing value. 3) Sell Low, Buy High – There are unethical brokers that convince an owner to sell really low, really quickly so that they can convince them to overspend on a purchase which beefs up their commission. That’s why separating a buying broker from a selling broker is important to me and should be for you. But when it comes time to hire a selling broker, you need to ask what they’ve sold in the past, what they currently have listed for sale, how they plan on marketing it, if they will put the boat into boat shows, and who will cover those costs, and how often you expect to communicate and receive results. My criticism is that a lot of brokers, take crappy photos on their phones, put it up and sit back. They go boating shows and get drunk the whole time or walk the show with other clients while a model that knows nothing about your boat sits on it taking selfies, which is a waste of a perfectly good sales opportunity and an entitlement to a rather sizable commission that you’re willing to pay. Speaking of that, that’s 10% so you want to make sure that the person you’re willing to pay is active, agile, and committed to selling your vessel. If you’re at a point where your researching your next yacht and have to sell yours, shoot me a line and we’ll connect you with someone to facilitate the sale of your existing yacht. I hope you enjoyed with me this Yacht buying guide video. I can also help you as your buyer's broker with my new DIY Yacht Analysis, I would love the opportunity to work with you! If you enjoyed with me, Please Don't Forget to Subscribe to My Channel for more tips and tricks on how to find the perfect luxury yacht. Thanks so much for watching and until next time, happy yachting my friends. Please Subscribe Now 👍    / @yachthunter   Follow us on 👇 LinkedIn:   / theyachthunter   Twitter:   / yachthunter   Instagram:   / theyachthunter   Get my free Yacht buying E-book! https://bit.ly/yachtbuyingguide More info about the Yacht: www.theyachthunter.com #yachthunter #hiringbroker #hiringtips #yacht #yachts #yachting #yachtingworld #yachttour #yachtinglifestyle #yachtlife #yachtinglife #yachttour #yachtlover #luxuryyachts #luxury #luxurylifestyle #yachtbroker #yachtbrokerage #yachtforsale #yachtsales #usedboat #boatforsale #boattour #catamarans #shipping