Want to Sell Your Boat
Role of Storm Yachting
Our service for the Seller
- Inspection of the yacht.
- Listing the inventory
- Taking the detailed photos
- Marketing the boat on local and global yacht marketing websites and social media.
- Finding the right buyer, arranging visits, taking the offers, managing the negotiations and sale.
Selling Your Boat Through a Yacht Broker Flow Chart
1. Seller instructs broker to list boat
2. Broker and seller sign listing agreement – which may give sole rights (CENTRAL LISTING AGREEMENT) to broker to list the boat or may allow the seller to advertise the boat with another broker. (OPEN LISTING AGREEMENT)
a. Broker investigates title obtains title docs/ VAT/ RCD evidence/ Finance check and inventory check etc
3. Potential buyer views the boat, makes an offer. Broker passes this offer to the seller. (If accepted go to 4)
4. Subject to Contract, Survey and Sea trial or As Is WHERE Is
5. Deposit is paid to the broker by the Buyer to be held in trust to the designated client account as a stakeholder on behalf of both the seller and the buyer.
6. Survey and sea-trial conducted. If the condition of the boat is not satisfactory for the buyer. Buyer may in certain circumstances withdraw from the purchase and recover his deposit. (If the contract is subject to ‘’As Is Where Is’’ pass this section)
7. Broker prepares the documents to be signed by the seller, shows the way and steps to the seller for preparing the Bill Of Sale and Deletion Certificate. In some case, the seller may give a power of attorney to the broker for managing these steps. Even so, the seller pays the necessary expenses.
8. Once the seller’s received the final payment from the buyer to his/her bank account, the broker delivery the boat, boat’s inventory and sale documents to the buyer.
Secondhand Boats Yacht Purchase and Sale Process
The most important basic principles of buying or selling second-hand boats are as follows:
1. Checking title/mortgage status;
2. Checking VAT status;
3. Checking boat certificates
4. Signing the contract between seller and buyer; The broker prepares this.
5. Deposit transfer from the buyer to the Broker’s client bank account.
6. Survey/Sea trial; Or ”As is where is” based contract
7. Acceptance or rejection process
8. Completion of the Sale documents (Bill Of Sale, Deletion Certificate etc..) The broker holds in trust these original documents until final payment confirmation by the seller.
9. Final Payment transfer by the buyer to the Seller’s bank account.
10. Delivery process of the boat and boat documents to the new owner.
Learn More About Storm Yachting
Phone
+90 252 422 00 33
+90 532 498 82 48
Address
Yolu Cad. No:76 48700 Muğla/Marmaris
Open Hours
Mon – Fri : 09.00 – 18.00
Sat – Sun : 10.00 – 17.00
Meet Storm Yachting
To contact us, you can fill out the form or use the link below.
