Skip to main content



Charter Services | 03-03-2023

Why Use a Professional Yacht Broker?

Why Use a Professional Yacht Broker?

Boat transactions usually involve large financial investments. Transactions today usually exceed €100,000, and in some instances can exceed €10,000,000. If you had a €100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be not very wise to consider a deal in yacht brokerage without the professional assistance of a qualified Yacht Broker.


What Are the Advantages of Using Us When Buying A Boat ?

We have resources available to us that most yacht buyers do not have. We can assist in the selection process by helping the buyer clearly define his yachting requirements and by providing objective information needed to evaluate each yacht. Sometimes it is necessary to have that more objective point of view. We can help in the negotiation phase of the project. There are myriads of negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. There may be give and take associated with every step. We will advise the buyer throughout the due diligence process of evaluating the chosen yacht. Recommending the extent of the survey to be used in the inspection and helping to identify the most qualified individuals to conduct the surveys are two key functions of a knowledgeable and experienced broker during this phase.


What Are the Advantages of Using Us When Selling A Boat ?

In most markets around the world, over 75% of yacht transactions are cooperative sales through other yacht brokers. Through worldwide Multiple Listing Services and other cooperative marketing networks, open houses for other yacht brokers, or personal contacts, we have the tools to maximize exposure to your yacht. During the selling process, we can give you up-to-date information on what is happening in the marketplace including price, financing, terms and conditions of competing yachts. We get your yacht sold at the best price, quickly and with minimum hassle. We can help close the sale of your yacht. Between the initial sales agreement and closing (or settlement), questions may arise. For example,

unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. We are the best person to objectively help you resolve these issues and move the transaction to completion.

Copyright 2023. All rights reserved. Galeo Yachting

Galeo Yachting