 ALDEN YACHT BROKERAGE |
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| Whether You're Buying Or Selling A Yacht |
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If You Are Buying A New Yacht
If you are looking to buy a new yacht – congratulations! Whether you are moving up to a larger size, or whether you are purchasing your first vessel, you are beginning a grand adventure, and the process of seeking out your new yacht is one of the most rewarding parts of yacht ownership.
Where To Start
So many choices and different configurations are available to you today, that you’ll probably want to start by narrowing down your choices. Consider how your new yacht will be used, and ask yourself some basic questions:
• How will your yacht be used, most of the time? (For day trips, occasional overnighters or for extended cruises?)
• How many people will be on board?
• What special requirements do I have? (Shallow draft to allow access to a favorite cruising area, high speed/planing hull vs. economy displacement hull, ability to single-hand, or require professional crew?)
Your Alden yacht broker can help you with these and the many other questions that come to mind. He or she is an expert at helping you determine what features are “must-haves,” what features you can compromise on – and what features you can do without.
If you have owned a yacht before, chances are your Alden broker will ask you ?what did you like best about your last yacht – and what did you like the least?? Getting to know you, your expectations and needs is an important part of the buying process at Alden.
An important step in purchasing a boat is having a qualified surveyor inspect the boat and its equipment. We work with surveyors that are respected worldwide. The survey process can be confusing and a sticky point of any sale. A good broker will navigate you through this process.
Of course, there are also financial considerations – how much do you want to spend? Pre-owned brokerage yachts come in a wide price range, depending on age, condition, make/model and other variables. For example, a quick scan of brokerage advertising in a national yachting magazine shows prices for a Grand Banks 42 Classic ranging from $175K (1978 model) to $539K (1997 model).
It all depends on whether you are willing to accept certain trade-offs (such as cosmetic blemishes, single vs. dual engines, fewer electronic options, etc.) in exchange for a better price. Obviously, there are a lot of considerations to take into account, some of which will be unique to your situation. The safe bet is to choose an experienced broker – hopefully someone you like and trust – to guide you through the selection process, then through the closing.
The Alden brokers will spend whatever time you need to find the correct boat for you. We are patient and willing to look until the best choice is made.
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If You Are Selling
Your Current Yacht |
When selling, your needs are different than when buying – but you still benefit from having an experienced Alden broker by your side: • We use local, national and international media to advertise our central listings, in addition to our website. • We stay informed of current market values and monitor the sale price and status of comparable yachts. • We qualify buyers and handle inspections, surveys and sea trials. • We help you negotiate the selling price and provide YBAA purchase agreements. We are experienced in international purchases and tax issues. • We assist in the transfer of funds and coordinate all parties and paperwork to assure a worry-free closing. |
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What About Selling
My Yacht Myself? |
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It’s not as easy as it looks – read what YACHTING magazine has to say about selling your own yacht. Click to Read  Reprinted with permission from YACHTING magazine. |
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