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Must Knows When Buying a Yacht

Welcome to another yacht review on Yacht Hunter. In this video, today I’m going to cover the Must Knows When Buying a Yacht. Let's enjoy this video and subscribe to my channel.🙏🙏    / @yachthunter   ⏲️⏲️ Time Stamps ⏲️⏲️ 00:00 Intro 00:13 Recent Sales Data 00:48 Service Record 01:00 Running Costs 01:33 Yacht Broker Assistance in the Purchase 01:45 Yachtlytics Yacht Purchasing Report 02:04 Outro Looking to buy a yacht? Look no further than The Yacht Hunter! In this video, I share my expertise on the five most important things you need to know to purchase any boat or yacht at the lowest possible price. I explained the importance of recent sales information, service records, running costs, broker representation, and obtaining an analytic Yacht Purchasing Report. A Step By Step Video Guide to help yacht buyers when buying any new or used yacht presented to you by me the Yacht Hunter. This can save purchasers up to 30% off of the list price when buying a yacht. Step 1: Recent Sales Data - Almost every yacht sale is recorded in a yacht brokers and yacht sales MLS or database. Brokers and sellers know that this should set a ceiling for the maximum price a buyer is willing to pay for a yacht, but they also manipulate the market, by overpricing this mark to create room for negotiation while inflating the market as a whole to increase their commissions. Most sellers don't want you to know this information but you can access it here: https://www.theyachthunter.com/yacht-... Step 2: Service Records - What work was done to the yacht under the ownership of the last captain or owner? When was the last bottom paint done, and when we're zincs replaced? Was a haulout recently done, are there recurring electrical issues that the vessel is experiencing? It's not enough for a salesman or seller to tell you what they've done unless they show you what has been done, as per the reports and invoices of shipyards and services. Step 3: Operating Costs/Running Costs - It's an industry rule of thumb to project operating expenses to run around 10% of the insurable annual value of a yacht, give or take, but anyone who owns a yacht, should be capable of maintaining accurate records. If the costs are well beyond this 10% mark, perhaps they have been very proactive in the maintenance or perhaps they are negligent, which should impact your decision-making in your purchase. Step 4: Yacht Broker Assistance in the Purchase - Most yacht buyers don't know that you can hire someone to work with you in the purchase and acquisition of your yacht like you do when buying real estate, all at no cost, since they are compensated by a split in commission paid by a seller. I'm certainly biased but I would love to help you regardless of how far you are in your search in any way possible. Step 5: Yachtlytics Yacht Purchasing Report - You wouldn't buy a stock and you wouldn't buy real estate if the numbers didn't make sense. While a yacht is always a depreciating asset, there is however a lot of data that can be used to leverage a buyer's negotiation when buying any yacht. I provide my clients with a Yachtlytics yacht purchasing report, which presents data from a number of databases and software in a series of graphs, charts, and figures to make sure you buy the best yacht at the best price. So there are the 5 steps in 3 minutes, be sure to reach out to me if I can assist you in any way. I hope you enjoyed this Yacht buying guideline and can also help you as your buyer's broker with my new DIY Yacht Analysis, I would love the opportunity to work with you! Please Subscribe Now 👍    / @yachthunter   Follow us on 👇 LinkedIn:   / theyachthunter   Twitter:   / yachthunter   Instagram:   / theyachthunter   Get my free Yacht buying E-book! https://bit.ly/yachtbuyingguide More info about the Yacht: www.theyachthunter.com #yachthunter #yachtbuyingtips #yacht #yachts #yachting #luxuryyachts #yachtforsale #yachtstyle #yachttour #yachtsales #superyacht #boating #shipping #yachtlover