Yacht Broker Listing Agreement

Yacht Broker Listing Agreement

Please let us know which registration agreement you want us to send you for your boat. 7. The Owner understands that this Agreement does not guarantee a sale, but it does guarantee that the Broker will make serious and continuous efforts to sell the Vessel until the Contract is terminated. YachtCloser offers its customers an unlimited amount of document storage. Whether you sold this boat one, two or five years ago, you can instantly print the previous documents in PDF format, email them or review them. If your client calls a year later and says they need a copy of an agreement with YachtCloser, provide your client with the requested information at the touch of a button. 4. The broker undertakes to carefully inspect and obtain complete information about the vessel, to provide local and national business information regarding the value of the vessel in order to determine a market value, to direct the concentrated efforts of the organization, to initiate a sale, to advertise as deemed desirable, to local and national places of advertising, at no cost to the seller, to organize, on the instructions of the seller, surveys, ground inspections, sea trials, to assist the buyer in organizing the financing, to assist in the closure, to show the ship if necessary, to promote the sale of the ship through national electronic registration services, of which the broker is a member in good standing. 5.

As the owner`s representative, the broker has the right to accept and keep the receipt for all money paid or deposited as a filing cabinet, and if this deposit is lost by the potential buyer, the broker may withhold half of this deposit, but not more than the amount of the commission, as compensation. 3) EXCLUSIVE CENTRAL LIST: This is like the limited central list above. We would always be the only yacht broker to offer your boat for sale. However, if you sell the boat yourself, you choose that we will NOT assist with all other stages of the sale, including drafting the purchase and sale contract for the yachts, providing escling services for deposits, etc., assisting the buyer with financing if desired, assisting with surveying and sea trial agreements, and monitoring and assistance with the closing process, including insurance. Buyer and documentation requirements. In such a case, you will not need us a commission if you sell your boat yourself. If you really intend to aggressively market your own boat and don`t want our professional support in case of a sale, this may be the way to register your boat with us. 2) LIMITED CENTRAL LIST: If you plan to sell the boat yourself, a limited central list is the way to go. Very few other yacht brokers even offer limited central listing status. This designates us as the only yacht broker who offers the boat for sale, but you can sell the boat yourself. If you find a buyer yourself, we will always assist you in all other stages of the sale, including drafting the contract for the purchase and sale of the yacht, providing escling services for deposits, etc., assisting the buyer with financing if desired, assistance with surveying and sea trial agreements, and follow-up and assistance with the closing process, including insurance and buyer documentation requirements.

In such a case, our commission would only be 5% instead of the usual 10%. If we only rewrite the purchase and sale contract for ships and provide escling services, our commission is only 4% of the gross sale price of the ship. We are still able to publish limited central lists on major MLS websites as we are the only yacht broker with the list. 8. In the event of any dispute, claim, question or disagreement arising out of our relationship with or breach of this Agreement, the parties will use their best to resolve any such dispute, claim or disagreement. To this end, they consult and negotiate with each other in good faith and try to find a just and just solution that is satisfactory to both parties. .