Yacht Brokerage FAQ — Buying and Selling in Stuart, FL

The brokers at Manatee Pocket Yacht Sales have your best interest at heart.Only by exceeding your expectations will you feel compelled to tell others about our services.

Advantages we provide:

· Professional pricing – An accurate price based on the current market will bring you a buyer much quicker

· Local and international search engine exposure

· Access to a wider market through exclusive broker websites

· Comprehensive use of social media such as Facebook, Linked In, and Instagram

· Extensive buyer and broker network

· Personalized marketing

· Fast response from experienced brokers

· Help you best prepare your boat to compete in today’s market

· Handle financing, contracts, and other paperwork

· Avoid pitfalls and legal traps

Let us do the work for you!

At Manatee Pocket Yacht Sales, we only deal with brokerage boats. Brokers that sell new inventory often confuse a buyer looking for a brokerage boat. They might decide to buy a boat with more warranty or one with no hours instead.

We work hard to facilitate the sale of our listings and to protect and promote the interest of our clients.

· A fair asking price is the key to a timely sale of your boat.

· Your broker can access actual sold yacht data through Soldboats.com, a tool that is not available to the public.

· Understanding current market conditions will assist in better positioning your boat’s pricing

Yes, MPYS sells a number of boats for remote sellers.With the use of our electronic software, YachtCloser, we can list and sell boats for both sellers and buyers that are not located in Stuart.

We use State of Florida instraments like Power of Attorneys to assist our clients in representing and selling their vessels.

Boats can stay at their present berth or come to Manatee Pocket Yacht Sales for exclusive exposure around a number of restaurants and other boaters.

Give us a call for more information on how we can help sell your boat.

A correctly priced boat under 40 feet typically sells in two to four months, and faster than that when it is priced to move. Larger boats and specialist sailboats take longer. Season matters here: buyers arrive from October, and the market stays busy through the Stuart Boat Show in January and into spring.

On a brokerage sale the seller pays the commission, and there is nothing to pay until you accept an offer. For the buyer, using a broker costs nothing. Our fee covers pricing research, photography, listing and syndication, advertising, enquiry screening, sea trial and survey coordination, escrow and all closing documentation.

Yes, but they are predictable and we go over them before you make an offer.

For the seller, the commission is the only significant cost, and it comes out of the proceeds at closing — nothing is due upfront. If there is a lien on the boat, the payoff is handled at closing as well.

For the buyer, budget for:

• Florida sales or use tax — 6% of the purchase price. County discretionary surtax applies only to the first $5,000, and the combined total on a single vessel is capped at $18,000. If you plan to register the boat outside Florida, different rules apply.
• Title and registration fees, or USCG documentation if the vessel is federally documented
• The marine survey, plus the haul-out or short-haul it requires
• Fuel for the sea trial
• Insurance, and lender fees if you are financing
• Dockage, storage or transport once the boat is yours

Escrow and all closing documentation are handled by us through YachtCloser and are covered by our fee. Ask us early and we will give you a realistic number for the specific boat you are looking at.

On anything but the smallest boats, yes. A survey typically costs a fraction of one percent of the purchase price and regularly finds issues worth many times that. Most insurers and lenders require one. We coordinate the haul-out and can recommend surveyors we have worked with.

Yes. We handle transactions for out-of-state and overseas buyers and sellers regularly. Showings, sea trials and survey attendance are handled by us, and closing documents are signed electronically through YachtCloser.