Tips For Selling Your Yacht

Ok, so you've decided to sell your yacht. Whether it isworking order. Selling a yacht is a bit like selling a home.
to make room for a new yacht, or you've decided toThat doesn't mean to say you need to have the smell
rest your sea legs for the immediate future, theof bread baking or freshly made coffee wafting
process of selling your yacht should not be rushed into.around, but you do need to keep it smelling fresh and
Once you've decided you would like to sell your yacht,odour free.
there are a few things to considerSystems and Engine
When to SellProspective buyers will want to test everything
Certain times of year are better for selling than others,onboard. Make sure the lights, radio, autopilot etc are all
and will have a direct impact on both the price you canin good working order. Keep the engine room clean
get for it, and how long it takes to sell. More peopleand get the engine serviced if it hasn't been for a while.
tend to be searching for a yacht at the beginning ofKeep the Receipts
boating season, and will frequently pay a bit more.If work has been done to your yacht over the years,
That's not to say that you won't be able to sell yourdig out those receipts. Keep all the receipts together
yacht outside of boating season, it may just take moreand close to hand when showing a prospective buyer
time and effort and you may end up with a lowerround. If you choose to go through a broker, keep
price than you'd hoped for.these onboard so they have the information available if
Setting the Pricea prospective buyer has any questions.
Many sellers going through the selling process unaidedAdvertising your Yacht
make the mistake of setting an unrealistic price thatIf you are selling your yacht online, take lots of photos
doesn't reflect its true value, and then wonder whyinside and out. Without good photos, you will struggle to
they yacht isn't selling. Setting the right price initially willsell it online. Pick the best ones for each area of the
ensure a quick sale, and not leave you disappointed.yacht. If photography's not your thing, consider hiring a
To select the right price to sell at requires someprofessional. A broker would be more than happy to
market research. A yacht broker will do this for you, orarrange this for you.
if you have time can be done yourself. The age of theWhen you are writing a description for either your
yacht, condition, and accessories all need to be takenonline or offline ad, make sure you include all the vital
into account, when comparing to other similar yachtsstats: Make, Model, Year, Length, Price. Any
for sale.accessories purchased for your yacht are worth
Good as Newmentioning, to make it stand out from other similar
If she's starting to show her age after many happyyachts.
years sailing, its time to treat her to a lick of paint, andIf you're not a confident salesman, or simply don't have
have her looking like new with a wax and a polish.the time, you might consider using a broker to help sell
It's no good having your yacht looking good on theyour yacht. With expert knowledge, a broker can help
outside, but a mess on the inside - prospective buyersyou sell your yacht quickly and in a hassle free
will want to look inside as well. Start by de-cluttering,manner.
and make sure everything is clean and in good