Working with a Yacht Broker

When you are shopping for a new or used boat, you’ll find there are many advantages to working with a professional yacht broker.

At the risk of stating the obvious, a boat is not a car. Although it’s a common practice to buy a used car “driveway to driveway”, purchasing a pre-owned boat is more like buying a house than an automobile.

Choose the Right Yacht Broker

To begin with, due to the millions of used car transactions taking place every day, there is much more information available on the internet and in guides like the Kelley Blue Book to help a buyer determine whether a car of a certain make, model, year, mileage and condition is priced fairly. These guides exist for boats as well, but since marine transactions are much fewer and farther between, they won’t always provide detailed information about a particular vessel. Like a realtor, a professional yacht broker has the data you need to evaluate a particular boat at his or her fingertips.

Closing On a Yacht
financing a yacht

The Yacht Buying Process

Since 1970, our Sales Team has managed billions in yacht sales with our world-class customer support for both buyers and sellers. A few of our notable accomplishments include Boating Industry Top Dealer two years in a row, Boating Industry Hall of Fame, and we’re Marine Dealer Certified.

We can access the sold-boat data that buyers don’t have readily available to them, and based on that data, prepare a CMA [Comparative Market Analysis] for our customers when they shop for a pre-owned boat. And even if all the information is not there in our back-end site, we have a network of other brokers we can call to help fill in the blanks.”

To get you started, review our Checklist and Tips for Buying a New Yacht

Our finance specialist is available throughout your entire sales and closing process to answer questions and provide the “red carpet” customer service, that Galati Yacht Sales in known for.

How our Yacht Brokers Can Assist You

  • If you don’t already know, help you determine your boating style – where will you boat, how frequent, how far do you want to travel, what type of activities will you enjoy on your boat, friends and family joining you?
  • Recommend a style of yacht for your boating needs
  • Compare different yacht makes and models, new or pre-owned and the advantages of each
  • Watch the pre-owned market, if purchasing a used boat
  • Show you different yachts that meet your qualifications; arrange for sea trials
  • Help you prepare an offer by reviewing competitive market analysis or factory pricing
  • Provide a contact list of marine surveyors
  • Connect you with marine lenders and marine insurance providers
  • Work with our Business Office on Closing and Documentation
  • Ensure you are invited to Galati Rendezvous, tournaments and other events and welcome you to Team Galati.

Why consider financing your boat through Galati Yacht Sales?

Understand the marketplace and the subtle differences with marine lending

  • Established partnerships with the largest marine lenders in the industry
  • Aggressive rates and terms available
  • Fast, smooth approvals within 24-48 hours**
  • No loan origination, closing fees, application fees or points**
  • All loans are simple interest with no prepayment penalties**
  • Convenient one stop shopping – we offer financing insurance,  extended warranty, USCG documentation, state titling and registration.

BOAT LOAN CALCULATOR

Use our Boat Loan Calculator to calculate your payments over the life of your loan. Enter your information to see how much your paymemts could be.

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**Rates, terms, down payment, origination cost and pre-payment penalty vary based on customer credit profile and approved lenders requirements

Reasons to Choose Galati

Not only will the CMA help buyers understand the used boat market they are shopping in, but it also will give them an edge in making an educated offer for the boat they wish to purchase, and negotiating the deal.

Training and integrity are additional reasons to enlist the help of a yacht broker when you are buying a pre-owned boat. While it’s not the case in every state, the state of Florida’s Yacht and Ship Brokers Act requires that brokers handling the sale of any pre-owned vessel 32 feet and over in the must be licensed, as well as to undergo a criminal background check and be bonded.

insurance for a yacht
extended Warranty for a yacht

Experience

Our sales team, on average, has 25 years of industry experience and all are certified professional yacht brokers earning their designation from either the Certified Professional Yacht Broker or the International Yacht Brokers Association.

Finally, when you work with a yacht broker, you are not just getting one person’s help with the yacht sale process. Instead, you are gaining access to the broker’s entire network of contacts and referrals who can help you throughout the entire life cycle of owning your boat.