What can a Buyer's Agent do for You!

There comes a time where the opportunity to purchase a new or used yacht falls outside the normal process, where a salesman, designer/builder and or broker can or should provide traditional services to a buyer in the execution of agreements and final purchase of a yacht. Worldwide opportunities exist today, more than any other time in the yachting industry, to purchase new construction, inventory and or previously owned yachts where a buyer has the need of service rather than salesmanship when it comes to buying what truly meets the buyers interests and needs.

In market places where custom yachts have become more prevalent whether partial construction, new construction of existing design or “from the drawing board” new construction, it becomes very important that the management of such a purchase requires the skills of professionals who understand the aspects of that purchase. A buyer is best served by hiring that service rather than have it buried in the cost of the product as a commission and or fee.

Some previously owned purchases may better be served under the same philosophy as well, depending on the circumstances. There are more and more occasions where a buyer may have found a yacht they maybe interested in purchasing, but would prefer to hire a buyer’s agent rather than recognize that a commission is simply being paid by a seller, or possibly where there is no broker’s representation a buyer may prefer the service rather than try and complete the transaction without council and advisement.

Each potential transaction will dictate the specific services rendered, therefore the percentage agency fees may vary. Services can include but are not exclusive to:

Organization of Design Review, Coordinating and Advisement in Specification Review

Verification of Equipment List and Review Decision of the Classification Society

Warranty Review

Terms of Repairs

Contract Negotiation

Definition of Payment Schedules

Escrow Services

Inspection services

Coordination of Performance Trials

Expediting Delivery Time

Verification of Delivery Documents

Arbitration Advisement

Flagging Advisement

Coordination of Delivery

Advisement of after Delivery Management, Charter Management and Crew Placement

Advisement in Charter Marketing and Contract Review

A buyer’s agent has the responsibility to coordinate, advise, and represent the buyer during the purchasing process to the closing. Whether a project is large or small, a program can be tailored to meet your needs. Independent consultative services in specific areas can be quoted separately.

As always you can find me most anytime at www.catamaransja.com