Selling a boat... Pro Broker or Anti Broker

Apathetic

Petty Officer 3rd Class
Joined
Aug 7, 2006
Messages
87
What are the advantages to using a broker to sell a boat? I've only sold one boat and that was by listing it in the local paper, etc., and was wondering why some choose to use a broker instead? There's got to be an advantage to doing it, but I must be missing it.

Thanks, as I'm sure this is a stupid question, but I had to ask. :)
 

KCook

Lieutenant Commander
Joined
Jan 24, 2002
Messages
1,624
Re: Selling a boat... Pro Broker or Anti Broker

Easy. Literally "easy", as the broker does all the work. You just sit back and wait for the check to arrive.

Kelly Cook
 

tashasdaddy

Honorary Moderator Emeritus
Joined
Nov 11, 2005
Messages
51,019
Re: Selling a boat... Pro Broker or Anti Broker

totally depends on the boat. the average runabout, dealer not required. the 30 ft cruiser, requires totally different marketing.
 

tommays

Admiral
Joined
Jul 4, 2004
Messages
6,768
Re: Selling a boat... Pro Broker or Anti Broker

I did better selling my 24' sailboat in the New York times as a lot of sailors read it

I could not sell the 14' ft hobie holder :rolleyes: go figure so i let a broker do it that was in and area that sold a lot of sail boats



Tommays
 

BoatAddiction

Seaman Apprentice
Joined
Jun 26, 2007
Messages
36
Re: Selling a boat... Pro Broker or Anti Broker

Smaller boats and older yachts (the ones that don't bring top dollar) should not need a broker in my opinion. The brokerage fee simply cuts into the deal making it tempting for the seller to overprice the boat in an attempt to recoup that fee. This, of course, makes it harder to sell the vessel. There are too many free or inexpensive ways for a seller to advertise these days too justify the cost of a broker.

The exception to this, of course, would be a seller that truly doesn't have the time to be constantly answering inquiries or showing the boat. In the this case, a broker may be the way to go.

That's my 2 cents on the issue.
 
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