Ok, so you’ve decided to sell your yacht. Whether it is to make room for a new yacht, or you’ve decided to rest your sea legs for the immediate future, the process of selling your yacht should not be rushed into. Once you’ve decided you would like to sell your yacht, there are a few things to consider
When to Sell
Certain times of year are better for selling than others, and will have a direct impact on both the price you can get for it, and how long it takes to sell. More people tend to be searching for a yacht at the beginning of boating season, and will frequently pay a bit more. That’s not to say that you won’t be able to sell your yacht outside of boating season, it may just take more time and effort and you may end up with a lower price than you’d hoped for.
Setting the Price
Many sellers going through the selling process unaided make the mistake of setting an unrealistic price that doesn’t reflect its true value, and then wonder why they yacht isn’t selling. Setting the right price initially will ensure a quick sale, and not leave you disappointed. To select the right price to sell at requires...