Here’s what you need to know and why you should have your own broker.
If you have never considered buying a used boat, or never bought
a used boat–this information may be for you. If you bought a used boat a while ago, and didn’t have a great experience, or you’ve forgotten what it was like, and now you want a different boat–this may be for you.
Here’s the scoop on what to never do. What to do for sure. What to expect when you put your offer together. The three crucial documents…
- 1. GUIDE: BROKERAGE 101+ | 2. YOUR SEARCH CRITERIA (Help me help you) | 3. PRE-APPROVAL FINANCE FORM
Read (1) Keep it by your beside. Memorize it. It’s your new bible! Fill out and send back (2) & (3) and we’ll be ready to roll!
1 My guide points out: Here’s how to plan for expenses. Choosing a surveyor. Strategies to get the best price, even how to take the stress out of the process. (Isn’t it always better when you know in advance what to expect?) We even compare, honestly, a new boat to a used boat purchase…
2 The Search criteria form will convey details important for your search. Everything from how you will use your boat, to how far you’re willing to travel in your search.
3 The pre-approval form. This is a self check. No credit report is run. No SS # necessary. This is just a 5-10 minute form you fill out that reports instantly on the ratios and criteria the bank will look at to approve you for financing. In effect, you pretty much know in advance what to expect. You don’t send it anywhere, unless you want me to make suggestions.
WE WOULD BE HONORED TO BE YOUR BUYER’S BROKER…
A better informed client, often becomes our new friend. We look forward to meeting you and discussing your plans and becoming your “Buyer’s Broker”.
We have affiliates in all of the most popular East Coast and Caribbean sailing areas. Whether it’s having a trusted partner closer to where-ever the boat is to conduct a preview, or follow up service during and after the survey–we simply have more support and services.
We offer full support and services throughout the Atlantic basin. We’ll help with, negotiating a good deal, X-Charter boats and “Gray market” boats, financing, insurance, documenting, finding a slip, repairing or upgrading services and finding the best surveyor for the type of boat of interest. Download our forms and paperwork above..
NOW, TAKE A LOOK AT SOME BOATS WITH OUR ROBUST SEARCH ENGINE.
If you’re looking at a brokerage boat in order to reduce your cost of ownership, you might also like to look at our Business Yacht Ownership® program which also reduces your costs–sometimes to $0 cash flow. Find out more here. Join us for a webinar on this program here.
Disclaimer: The information, views, opinions, and conclusions expressed in any article, blog, video, or other form of media posted or linked herein are those of the authors and do not necessarily reflect the views of Atlantic Cruising Yachts, LLC. Nothing contained herein has been approved or otherwise endorsed by Atlantic Cruising Yachts, LLC and such company shall have no liability for any content.
ESE, LLC is totally responsible for the content of this article. We are not tax advisers. You should obtain tax advice from a professional tax adviser for any matters relating to setting up a business, or tax implications.