DETERMINING THE RIGHT PRICE FOR YOUR YACHT
The key to achieving a speedy sale is listing and marketing your yacht at the right asking price. Our brokers are well-versed in market evaluations and will provide you with expert advice on the most suitable price for your yacht. This way, you get the highest price possible and maximize your investment return. However, if you set the listing price too high, it can have several detrimental effects. For instance, it can cause your boat to linger in the market, resulting in buyers losing interest and doubt about the yacht's condition. Additionally, your yacht will continue to depreciate in value as it sits, and you'll still incur overhead costs even if you're not using it. Pricing your yacht realistically and appropriately will draw attention and maximize your base of interested buyers.
VALUING YOUR YACHT
Numerous factors play a role in determining the value of your yacht. It's essential to comprehend how your boat compares to its competition. Consider not just boats similar in make and model, but also those of similar size and price. Today's informed buyers can easily research online to see what other comparable boats are available and for what price. The value of your yacht ultimately depends on what a buyer is willing to pay. A shortage of similar boats in the market could result in a higher selling price than expected.
The expertise of a market specialist is crucial in this regard. With a keen understanding of industry trends and performance of various makes, models, and years, they have access to up-to-date information on active, under contract, and closed listings, as well as the actual selling prices of boats.
Our specialists conduct a comprehensive evaluation of your yacht and consider current market conditions and your desired timeline to sell, to determine the most appropriate asking price. With access to MLS data, yacht publication listings, and records of past sales, they have a significant advantage over private sellers in setting an accurate and competitive price for your yacht.
GET YOUR YACHT EVALUATED
For an expert evaluation of your yacht, please fill out the form below. Our team will be in touch with you shortly to schedule a convenient time to discuss your goals and objectives and gather detailed information about your yacht. This information will allow us to accurately evaluate your asset and determine a competitive and appropriate listing price that meets your needs. Contact us today to get started!
PROFESSIONAL YACHT SPECIALISTS
Our brokerage team boasts some of the most experienced professionals in the industry. Our brokers visit hundreds of yachts worldwide each year, gathering valuable market knowledge and sharing it with the company for the most reliable and up-to-date information. Whenever feasible, our brokers will visit your yacht for a comprehensive assessment, ensuring a thorough market evaluation and providing you with an accurate suggested asking price. Choose our expert team for the best support in selling your yacht.
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We’re happy to answer any questions