Picking the Right Yacht Share Brokerage

 

When purchasing a yacht, there are several factors to consider. For example, do you plan on buying a boat outright, or do you want to save money by using a yacht share network instead? 

Buying a yacht through a fractional boat ownership company is a more cost-effective, hassle-free way of owning a luxury vessel. However, there are still various things to consider when purchasing a yacht through a shared yacht ownership brokerage. 

In this article, we will highlight some of the things that you should consider when choosing a yacht share brokerage to facilitate the purchasing process. 


How to choose a yacht broker 



Choosing a yacht broker, specifically a yacht share broker, is daunting, especially for first-time yacht buyers. A good yacht share broker will facilitate the process of buying a boat and reduce the stress and hassle associated with making significant investments. 

When choosing a yacht share broker to assist with your fractional boat ownership purchase, make sure you do the following things: 

  • Do your research 

  • Ask around, a recommended yacht share broker should provide you with the best possible service. 

  • Search for genuine reviews online 

  • Visit the yacht share company office 

  • Ask for a tour of the boats they have on offer 

  • Check the validity of the company 

  • Ask lots of questions before you choose a shared yacht ownership company. 

What makes a good yacht broker? 

There are many genuine, professional yacht brokers out there; you just have to know where to look. Here are some of the traits you need to look out for when searching for a trustworthy yacht share brokerage: 

Knowledgeable 

Make sure you pick a knowledgeable fractional boat ownership company. Ask plenty of questions; an expert broker will know the answer to the most common questions. However, they should also have detailed knowledge when it comes to the less common questions.

Make a list of frequently asked questions and less common questions before you meet with a yacht share brokerage. Do your research beforehand to ensure that you are armed with the relevant information. 

Dedicated 

Dedication is crucial, and you want to choose a focused and attentive yacht share broker that will provide you with excellent, world-class customer service. 

Honest 

There are many dishonest yacht brokers out there, be careful. Do as much research as you can and ask around. Schedule meetings with potential yacht share brokers to ensure they are honest and reliable before signing on the dotted line. 

Passionate 

A true professional will be passionate about his job, focused and dedicated to providing the best possible service. 


Patient 

Before you sign up for a yacht share network, establish a good relationship with the broker. Are they patient and courteous? Are they willing to work with you to ensure you get the best possible fractional boat ownership deal? 

Professional 

What does professional mean? There are five significant traits to look out for when it comes to professionalism, here they are: 

  • Ability to learn 

  • Conscientiousness 

  • Interpersonal skills 

  • Adaptability 

  • Integrity 

Before you sign up for the yacht share network, make sure the brokerage employees operate with integrity, have good interpersonal skills, are adaptable, conscientious and are always willing to learn. At the end of the day, even experts don’t know everything, willingness to learn is an important trait when it comes to choosing a professional fractional boat ownership company. 

Responsive 

How many times have you placed your trust in a particular company only to find yourself calling them non-stop with no response? Buying a boat requires a significant investment, therefore, you need to find a company that is reliable, responsive and ready to respond to any questions or concerns that you might have. 

Summary of the traits to look for when choosing a good yacht share broker: 

A good fractional boat ownership broker should be: 

  • Knowledgeable 

  • Dedicated 

  • Honest 

  • Passionate 

  • Patient 

  • Professional 

  • Responsive 

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Benefits of choosing the right yacht share network

Here are some of the benefits of choosing the right yacht share network: 

Great customer service 

When you choose the right fractional boat ownership company, you will receive the best and most reliable customer service. 

Peace of mind 

Peace of mind is everything when buying a yacht or purchasing anything that requires a significant financial outlay. Choosing the right yacht share brokerage will give you peace of mind, and you can rest assured that you are investing your money with the right yacht share network company. 

Save money 

A professional yacht share brokerage should be able to get you the best possible deal on a luxury vessel.

Reliable and Speedy Process 

Everyone wants reliability and efficiency, and when you choose the right yacht share brokerage, they should offer you an efficient and speedy service with no hassles or unnecessary delays. 

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Final Thoughts 

If you are new to yacht ownership, you will have a lot of unanswered questions. A professional yacht share company should be able to answer those questions in a timely manner without leaving you feeling anxious or concerned. 

As you know,  buying a yacht requires significant investment; however, when you opt for the yacht share method of buying a boat, you will save a substantial amount of money. Also, yacht share companies often take care of the logistics such as captain, crew and other issues related to yacht ownership. Maintenance costs will also be much lower than if you were to purchase the boat outright. 

The yacht share company that you eventually choose should provide you with professional and hassle-free service with excellent, efficient customer service. 

Buying a luxury yacht is a dream come true for many, make sure the process is seamless by taking the time to search for and choose the right yacht share network brokerage.