We will ask you to sign a Central Listing Agreement making us the primary brokerage and committing us to giving you our best marketing and selling efforts. It also ensures that the hard work we do to market, promote and sell your boat will be compensated. Although we ask for a central listing we do co-broker when occasion arrises.
We will ask you to complete a Yacht Listing Form, this lists all the details of your boat and includes a checklist of all vessel documents we will need copies of.

As soon as we receive the completed Yacht Listing Form, central Listing Agreement and Vessel documentation we immediately go to work.
We create a complete specification sheet, from the Yacht Listing Form provided, which will be sent to you or your agent to carefully double check. This will act as the yachts itinery list and is heavily relied on during pending sales.
We will go to your boat and take digital pictures of her inside and out. If you have a nice picture of her sailing, anchored or moored, please email or send to us for us to use as her main profile shot. Check out: www.yachtshotsbvi.com
Yacht Shot BVI takes professional interior and exterior photos of your vessel.
Very quickly, we have your boat listed on our sales sheet, our own web site and five additional leading ‘boats for sale’ web sites, which in turn feed into another half dozen sites. Your boat will be also be advertised in several newspapers and magazines.
The word will be out!

Now your boat is listed for sale and marketed widely - it might be snapped up right away but this is rare. As there is a rider for every horse so is there a buyer for every boat. We will be working hard to find that buyer but may not contact you until we have someone seriously interested.
As soon as we have a buyer wishing to make an offer we encourage them to commit to a Purchase and Sale Agreement which we will be immediately present to you. The P&S Agreement states the amount offered for your boat and a date by which you have to respond to that offer.
Buyers will usually make the offer 'subject to' the satisfactory conclusion to specific procedures i.e. marine survey, sea trial and personal inspection. The P&S agreement will state a date by which these procedures must be completed and when the buyers decision must be made.
There is also a closing date stipulated in the P&S Agreement. This is the date the boat changes ownership from the seller to the buyer.
You may come back with a counter-offer if you aren’t happy with the original offer amount, dates or clauses. We will negotiate, although we try to minimize this by encouraging fair offers from the beginning. Once we reach an acceptable offer for both you and the buyer your boat will be under contract.

Now the buyer has to perform the 'subject to' items agreed to in the P&S agreement.
The 'subject to' expenses and arrangements are the buyers concern, however, you should make sure that your insurance covers the boat being in the water at the time of these procedures.
The buyers must be ready to state whether or not they are going to proceed with the purchase once the 'subject to' items have been carried out. If they like what they have found they will then sign the Official Acceptance.
Once they have accepted your boat for purchase they will forfeit the 10% deposit, if they then change their mind this will be split between you and the brokerage. (An extremely rare occurrence.)

At this point we recommend that you contact a Documentation/Title Company who will help you through the necessary logistics of drawing up the Bills of Sales and documentation needed for closing(See our section on "Why choose a Documentation/Titling Company?"). During this time the buyers will be wiring us the final balance of funds.
On closing day we wire transfer the money into your bank account and give the bills of sale and keys to the next proud owner of your boat!