Yachtbrokers.co is a company that uses state-of-the-art technology and transformative processes to help people buy and sell boats and yachts -for less.
We get the best licensed brokers to compete for the best listing in the market through a fair open-market process.
We continue to deepen our technology to make the whole process faster, easier and worry-free. And we give customers more value, not just by saving each thousands in fees, but by measuring our performance and improving constantly. This is how yacht brokerage would be if it were designed just for you, because, well, it was.
Yes, Yachtbrokers.co is licensed AND bonded by the State of Florida. We maintain Florida’s Yacht and Employing Broker (as well as Salesperson’s) Licenses and maintain a current bond at all times. We also ensure that partner brokers are licensed appropriately in any state in which they transact.
For nearly 15 years, our parent company has relentlessly challenged the industry to provide more value to consumers throughout the yacht sale process – from more effective marketing and better service to improving technology to allow for significantly lower commissions.
During that time, we have owned one of the most active brokerages (and dealerships) on the East Coast (along with many, many personal purchases and sales of boats and yachts ranging in size from 8’ to 85’). We are fully aware of how the brokerage business operates. We are also aware of what can be improved. That’s why we took a different approach: creating an alternative to antiquated “industry standard” 10% yacht brokerage that (i) reduces transaction costs and (ii) provides a profoundly better customer experience for buyers and sellers.
While Yachtbrokers.co is our new brand, People, Process and Technology continue to remain the pillars of our highly successful sales business. We have the team and technology necessary to provide clients with the best sales experience possible – while saving them thousands – for decades to come.
First and foremost, we have been in the business of boating and yachting for more than a decade: not only maintaining exclusive dealerships for such brands as Ocean Alexander, Horizon, Maritimo, Uniesse, Yellowfin and others (as well as complimentary brokerage businesses); we have also owned multiple marinas and large service yards. Bottom line – having made tens of millions in investment in this sector alone, we know the boating and yachting business as well as anyone. That said, our low-cost, better-technology business model has been proven for more than a decade.
No differently than Redfin or REX Real Estate (or Charles Schwab, E-Trade or Carvana, to name a few more) – we were not satisfied with status quo and our vision to force positive change within the yachting industry will continue – particularly as we believe we can make a $15 billion brokerage industry work much, much, much better for you.
YES! You can see as many boats or yachts as you like online along with sales trends, comparable sales data and more with no sales pressure at all. NONE. Feel free to discuss “fair value” with our Customer Advocates and, when you’re ready, make an offer – online – 100% subject to sea trial, your personal inspection and any additional contingencies (such as hull and/or mechanical surveys).
And, when you buy with a Yachtbrokers.co broker, we provide you with:
A Free BoatHistory Report- checking for damage including recalls, accidents, collisions, fire, hurricanes, groundings, submersion, seizures and more; and
Reimbursement for an independent, accredited marine survey. While there are certain limitations, just call and we’ll be happy to provide the detail.
Our process simply empowers you to save on your purchase through better technology, better information and better price transparency.
Upon receiving information about your boat or yacht, we solicit proposals from partner brokers to compete for your listing based on experience, expertise, cost and more.
With high-quality, newer and “strong-demand” yachts, selling commissions are typically near 3%. If a buyer calls on your boat or yacht directly without broker, our brokers have agreed to do the entire transaction for that pre-agreed upon selling commission.
If a buyer calls on your boat or yacht through a licensed broker, we will offer a buyer agent commission of 3% – payable only upon a monetary offer that is acceptable to you (such that you realize appropriate net proceeds for your sale).
Yes. Our platform is just for those who are truly committed to selling their boat or yacht and saving thousands in the process. For our Listings, we require a non-refundable $500 deposit to cover guaranteed marketing provided for the yacht and, more importantly, align our joint interests to the sale process. That deposit is deducted from the pre-agreed upon selling commission that is due upon sale of your boat or yacht.
Specifically, that commitment, allows us to (i) fully optimize marketing expenditures (as we no longer waste sales and marketing dollars for those “testing the waters” or who have entered into a traditional brokerage agreement with unrealistic sale price objectives) and (ii) reduce costs – for which we pass along the savings to you.