Selling Your Luxury Boat or Yacht with Mynt

What is the role of a Yacht Broker? You have a yacht or other luxury boat that you’re looking to sell, but understandably may be unfamiliar with how the process works or the service you should expect from your selling experience. With this in mind, here are a few things you should know to be an informed yacht seller and to fully understand what the Mynt experience will mean for you.
First, a Yacht Broker is obligated to seek and obtain maximum exposure for your yacht with each and every Central Agency Listing service for luxury boats. Advertising to the public is an option, but the truth is that direct advertising rarely brings a bona fide yacht buyer to the table.
In most yacht markets across the country, over 75% of yacht transactions are cooperative sales, coordinated with multiple Yacht Brokers. Who is best equipped to reach those other brokers? Your own Yacht Broker!

Through worldwide Multiple Listing Services, publications like YachtWorld, cooperative marketing networks, open houses for other Yacht Brokers, or personal contacts, your Yacht Broker has the tools to maximize exposure to your yacht and expedite its sale. When your Yacht Broker is a Mynt representative, you also have the assurance that our tremendous experience and unparalleled position in the marine industry are behind you.

The Result: Qualified yacht buyers being given the exposure your luxury boat deserves.

Second, during the selling process, Your Yacht Broker can give you up-to-date information on what is happening in the marketplace, including:

• Competitive pricing
• Current terms available in yacht financing
• Sales status and condition of competing yachts

As a result, your Yacht Broker can often recommend repairs or cosmetic work that will significantly enhance the marketability of your yacht. These are key factors in getting your yacht sold at the best price, quickly, and with minimum hassle. With a Mynt representative, you will know what you are working with not just a Yacht Broker, but a true industry professional. A Mynt Yacht Broker knows not just what it takes to sell a luxury boat, but most importantly how best to sell yours.

The Result: Quality offers.

Third, your Yacht Broker will know when, where and how to present your luxury boat to prospective yacht buyers. Responses to marketing efforts for your yacht are prescreened so that only qualified yacht buyers are shown through your yacht. You, the yacht seller, can be free of concern about the safety of your property as your Yacht Broker accompanies prospects during this preview process and beyond. A Mynt representative understands that the sales process for you should not include countless trips to the marina to meet clients, and our Yacht Broker expertise can make the process easier for you.

The Result: More free time for the seller.

Fourth, your Yacht Broker can help you objectively evaluate every yacht buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and yacht financing, all of which represent possible pitfalls. Your Yacht Broker can help you write a legally binding, win-win agreement that will be more likely to make it through the sales process. All Mynt representatives are highly trained in the paperwork aspect of being a Yacht Broker and, as such, can guide you through every step of this often cumbersome process.

The Result: A smooth closing.

Last, your Yacht Broker can help close the sale of your yacht. Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs become necessary to obtain yacht financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most yacht sellers.
Your Yacht Broker is the best person to objectively help you resolve these issues and move the transaction to completion. Mynt Yacht brokers are not only highly skilled, but also experienced, so they have likely seen about every challenge that can arise with a yacht sale, and also know how best to handle these challenges when they arise.

The Result: Less Stress for the seller.

As you can see, the Mynt experience is more than just a way to sell your yacht. It is a provision of expertise, professionalism, and service that will both get the job done, but also make the process rewarding for you as a yacht seller. Contact a Mynt Yacht Broker today!