A podcast designed to educate yacht sellers and yacht buyers, and to share what is happening in the yacht brokerage market. Produced by Current Yachts.
A podcast designed to educate yacht sellers and yacht buyers, and to share what is happening in the yacht brokerage market. Produced by Current Yachts.
Welcome to Full Displacement, a podcast produced by Current Yachts. We're here to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market. In this episode of Maryline Bossar, Amanda Haley, and Sam Durso discuss the intricacies of yacht brokerage, the importance of buyer representation, and the evolving landscape of the industry. They explore the challenges of selling yachts, the significance of professional listings, and the benefits of a service-based model over traditional commission structures. The conversation also touches on the parallels between yacht sales and real estate, emphasizing the need for transparency and education in the market.
Key Takeaways:
🛎️ Yacht brokerage is shifting towards a service-based model.
🖥️ Professional listings significantly impact yacht sales.
✍🏼 Buyer representation agreements protect buyers' interests.
🔎 Transparency is crucial in yacht sales.
🏫 The yacht industry is far less regulated than real estate. 💰 Holding costs should be carefully considered when pricing yachts.
🤝 Co-brokerage terms are a critical strategy in yacht sales.
❤️🩹 Emotional attachment can lead to pricing mistakes.
😵💫 The yacht market is becoming more fragmented.
🎓 Education is key for both buyers and sellers.
Resources Quoted in the Episode:
Current Yacht's Seller Calculator: https://currentyachts.com/sell/calcul...
Prelude Leopard 46 Power Catamaran listing: https://currentyachts.com/boats/2024-...
IYBA Code of Ethics: https://iyba.org/bylaws (Article XV)
💭 ABOUT CURRENT YACHTS
Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?
1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.
2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.
3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.
Discover the Current Yachts difference: professional service without the bloated pricing.
Join us at https://currentyachts.com/