How to Sell a Luxury Yacht for Best Price Possible
Selling a yacht can be a tricky task. First of all, you need to be clear about what your motivations are. Are you really ready to let go? If your intuition is to upgrade to a bigger and better model, the answer to that question is probably yes. Nevertheless, it’s not a decision you want to jump into without thinking first. If you’re sure that you’re ready to sell, here are some tips on how to do so for the best price possible.
Clean and Wax the Boat from Top to Bottom
First of all, you’re going to need to make sure that your yacht is properly cleaned from top to bottom, inside and out. The buyers that are interested will want to take a look at it in person before they commit to buying. And when they do so, you want to make sure that they like what they see. That won’t be the case if it looks a mess. To finish it off and make it look even more appealing, be sure to wax it too.
Take Time Pricing Your Yacht
The process of deciding on a price for your boat can be tough. You want to make sure that you don’t rush into it and underprice it because you’ll regret that later. But setting an unrealistically high price will only ensure your yacht stays listed for sale for months or years longer than you want it to.
Go the Extra Mile When it Comes to Photography
When people are looking at online listings for the sale of your yacht, they’re going to want to see photos. Reading about it and having the specs outlined in front of them is important and all well and good, but it’s the photos and visuals that buyers really care about. Good drone photography can help; after all, yachts are pretty big and vast so getting a clear shot is often best done from above.
Generate Exposure in the Local Area
Generating as much exposure as possible will be key. Of course, there are some very specific criteria when it comes to the kind of person who’s going to be interested in buying a boat. So advertising its sale at country clubs and high-end establishments probably makes most sense.
Provide Accurate Details to Interested Parties
Finally, you should make sure that all of the relevant information and data relating to your yacht is available and ready to be assessed by interested parties. They won’t feel comfortable making a purchase if all of that stuff isn’t in order. Refits, engine hours, destinations traveled to and any other relevant information should be provided.
Be sure to make the most of the tips and ideas that we’ve discussed here today if you want to make sure that you get the best possible price for your yacht when you list it for sale. If you follow the steps above, you should not only achieve the price you want but also a quick and efficient sale.