Choosing a Yacht Broker
Ballena Bay Yacht Brokers has been serving the boating community for nearly three decades. Our organization is unique in that we are 100 percent family owned and operated. For that reason, our buyers and sellers are able to come away with a more personal experience, ultimately accommodating a transaction that is tailored to their needs. Our centrally located office, solid internet presence, and highly visible sales docks are all advantages we afford our clients. Over the last 30 years, 80 percent of our transactions have been repeat customers and/or referrals. With that said, we continually strive to uphold our reputation by earning not only your business, but also your trust. Please do not hesitate to contact Lenard, Victoria, or Brian if you have any questions whatsoever. We are always more than happy help, and encourage you to schedule an appointment to see why Ballena Bay Yacht Brokers has successfully sold over 700 trawlers, motor yachts, and cruising sailboats over the last 28 years.
What a Good Broker Does
How do you choose the right one?
- Ensures for a proper sea trial and survey
- It pays to find a broker who specializes in the type of boat you are searching for.
- Gets to know the customer and his/her needs.
- Communicates regularly
- Has a fully staffed busy office
- Serves as the go-between for the potential buyer and seller
- Works for the best interest of their client for the best deal
- Answers questions quickly and accurately
- Checks for tax liens or mechanics liens against the vessel
- Checks hull I. D. numbers and documentation
- Makes sure the title to the boat is clear
- Lines up knowledgeable marine financing professionals and works closely with them
- Prepares all the necessary paperwork and safeguards the buyers funds in a trust account
- Closes the transaction promptly
- Remains available for after sale service
Buyer’s “Peace of Mind” Program
Financing – You may wish to finance the purchase of your new boat. We are not affiliated with any lender but can provide assistance in directing you to professional lending firms.
Insurance – If you are financing the purchase, you will be required to provide insurance for your new boat. We are not affiliated with any insurers but can provide assistance in directing you to specialists in marine insurance.
Ordering – When you order a new boat you are accepting responsibility for funding the purchase. Deposits received at the time of an order are NON-REFUNDABLE. The boat must be paid for, either by cash or letter of credit before the boat leaves the factory. A buyer’s failure to provide funding at the proper time places serious burdens on the manufacturer and may jeopardize the delivery of the boat.
Construction – While the boat is being built, Ballena Bay Yacht Brokers has very little influence on the builder’s schedule. It is our policy to keep buyers informed of the progress of construction and anticipated shipping dates. Delays are common but not the rule. Choice such as upholstery fabrics, color and equipment options must be made on a timely basis to avoid extra costs for rework, etc. Ballena Bay Yacht Brokers can not be held responsible for reword costs.
Shipping Costs – Unless otherwise quoted, buyers are responsible for the total cost of shipping the vessel.
Commissioning – Assembly of the boat is the responsibility of Ballena Bay Yacht Brokers. Upon arrival the vessel will be inspected for shipping damage. Typically, this is done before the buyer boards the boat. Anti-fouling bottom paint must be applied and is arranged at time of order. Buyer has choice of colors and we’ll be happy to assist in making the right choice.
Buyer’s Inspection and Acceptance – Ballena Bay Yacht Brokers will accompany the buyer through the inspection process. All items noted by buyer for further attention will be listed and buyer will receive a copy. Ballena Bay Yacht Brokers will review the list, correct those that are dealer responsibility and forward to the manufacturer those that are properly manufacturer’s responsibility. Buyer will be notified of the final disposition of every item. Ballena Bay Yacht Brokers will make every reasonable effort to achieve buyer’s satisfaction. Buyer must take final acceptance before vessel can be delivered to buyer.
Berthing – It is the buyer’s responsibility to provide berthing for the boat upon final acceptance. However, Ballena Bay Yacht Brokers will provide up to 30 days free berthing at our sales dock during the installation of electronics, etc. Provision of free berthing entitles Ballena Bay Yacht Brokers personnel to show the boat to qualified buyers. After 30 days, buyer will be billed for berthing at the current rate charged to owners of brokerage boats.
Equipment/Electronics Installation – It is normally the responsibility of the buyer to choose, arrange for and manage the installation of ancillary equipment such as electronics, heaters, windlass, genset, etc. However, Ballena Bay Yacht Brokers, at the buyer’s request, will be most happy to quote on the purchase and installation of all auxillary systems. Proper performance of the equipment shall be the responsibly of the subcontractor.
Boat Shows – In every case, the buyer will receive prior notification if Ballena Bay Yacht Brokers wishes to display the vessel in a boat show. Any consideration will be agreed to in advance.