What’s the best time for selling?
There are certain times of year are better for selling than others, and
will have a direct impact on both the price you can get for it, and how
long it takes to se…

What’s the best time for selling?

There are certain times of year are better for selling than others, and
will have a direct impact on both the price you can get for it, and how
long it takes to sell. More people tend to be searching for a yacht at
the beginning of boating season, and will frequently pay a bit more.
That’s not to say that you won’t be able to sell your yacht outside of
boating season, it may just take more time and effort and you may end
up with a lower price than you’d hoped for.

Setting the Price

Many sellers going through the selling process unaided make the mistake
of setting an unrealistic price that doesn’t reflect its true value,
and then wonder why they yacht isn’t selling. Setting the right price
initially will ensure a quick sale, and not leave you disappointed. To
select the right price to sell at requires some market research. A
yacht broker will do this for you, or if you have time can be done
yourself. The age of the yacht, condition, and accessories all need to
be taken into account, when comparing to other similar yachts for sale.

Good as New

If she’s starting to show her age after many happy years sailing, its
time to treat her to a lick of paint, and have her looking like new
with a wax and a polish.

It’s no good having your yacht looking good on the outside, but a mess
on the inside – prospective buyers will want to look inside as well.
Start by de-cluttering, and make sure everything is clean and in good
working order. Selling a yacht is a bit like selling a home. That
doesn’t mean to say you need to have the smell of bread baking or
freshly made coffee wafting around, but you do need to keep it smelling
fresh and odour free.

Good Engine Health

Prospective buyers will want to test everything onboard. Make sure the
lights, radio, autopilot etc are all in good working order. Keep the
engine room clean and get the engine serviced if it hasn’t been for a
while.

Keep Documents

If work has been done to your yacht over the years, dig out those
receipts. Keep all the receipts together and close to hand when showing
a prospective buyer round. If you choose to go through a broker, keep
these onboard so they have the information available if a prospective
buyer has any questions.

Advertising your Yacht

If you are selling your yacht online, take lots of photos inside and
out. Without good photos, you will struggle to sell it online. Pick the
best ones for each area of the yacht. If photography’s not your thing,
consider hiring a professional. A yacht broker would be more than happy
to arrange this for you.

When you are writing a description for either your online or offline
ad, make sure you include all the vital stats: Make, Model, Year,
Length, Price. Any accessories purchased for your yacht are worth
mentioning, to make it stand out from other similar yachts.

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Yacht Broker, Make Sure

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