Just like real estate agents, yacht brokers have also been known to work in the same way. This is because both are boat agents who many different people tend to consult when they are looking to find and purchase a boat or a house. Yacht brokers are also individuals who represent, hire to list and sell boats for people who hire them to do so. What happens is that seller is the one who is going to pay the commission that the yacht broker is going to earn. However, it is important to understand that a yacht broker has a duty to both the seller and the buyer in every transaction that they do.
The role of a broker to a buyer
* The initial inquiry
A yacht broker who has all the qualifications and skill will carefully listen carefully to the needs and the wants of their clients. They will also help you in the determining of whether or not the boat you are looking to buy is the best choice for you and if the price that you are given is the right one. Brokers are also able to tell you about the vessel you are thinking of buying before you even decide to spend a lot of your valuable time looking at it. They may also be in the best position to determine if any other similar boats are available, how long the boat has been on the market, the yachts history as well as how motivated the seller is.
* Making an offer on a boat that is pre-owned
A certified yacht broker will also help you decide on whether or not the offer that you are getting for the yacht you are thinking of buying is the most appropriate one. This is very beneficial since the broker will make sure that you buy a pre-owned boat at a reasonable and fair price. The broker is also going to make use of all the necessary elements so as to make sure that all your interests are protected.
* Making an offer on a yacht that is new
Any dealer who is selling a boat will inform you on all the tax savings and tax issues that are associated in such a trade-in. There are a number of price negotiations that may take place which may involve making your yacht available so that it can be presented to dealers in the future. There is usually transportation expenses and basic costs that have to be factored in depending on whether your boat is either semi-custom, custom built or if it is a production model.