You know the old saying – “The two happiest days in a boater’s life are the day you buy the boat and the day you sell it”? While there is great truth in this statement, it’s often said in a sarcastic way, which to me completely misses the point. Certainly, the day you buy your boat is a happy one… as you are anxiously awaiting all the good times to come. And, the day you are selling your boat is also a happy one, as you are passing on the fun you’ve had to another. Truly, a win-win for all concerned.
The reason I mention this is that I was asked to contribute an article to the California Yacht Brokers Association’s (CYBA’s) newsletter about how yacht brokers and boatyards can work in a more symbiotic manner. Of course, in our business we see a lot of buyers and sellers of boats and we want to contribute to keeping these days the happiest for everyone. So, I thought the following article would be helpful for you to better understand the buying and selling process.