
The Fog of Boat Ownership
Two boaters, at different stages of their boating lives.



There’s nothing wrong with being inexperienced or new at something, and boating is no exception…

When you are on your boat, you’re in charge. That’s a large part of the appeal of boating and it’s a great feeling, but with it comes great responsibility…

Ever call a broker on his or her cell phone? I do that often, and most of the time I reach them. That’s because the phone is a huge source of business—good brokers know a missed call can sometimes mean a buyer is on to the next boat…

It’s safe to say we all get wrapped up in the “money” aspect of yacht ownership at one time or another: What can I afford? Should I upgrade or stand pat? But real boaters know these decisions are secondary…

The idea of the global marketplace looks great on paper—all the risk of the world is spread all over, reducing the exposure of individuals. And at what cost?

If you’re selling your boat, you need to stay tuned into market conditions, regardless of how exciting everything is down at the boatyard.

A broker recently told me about how his interactions with clients have changed over the years. We were talking about boat buyers and sellers and their relationships with their brokers…
Getting a survey done is a critical part of the boat-buying process: It’s your chance to know what’s going on with the condition of the boat in which you’re about to invest your hard-earned money. How do you find a surveyor that’s right for you?
Better Boat:
The ABCs of Classification
Owners moving from smaller yachts into those over roughly 80 feet will quickly learn a new alphabet: ABS, DNV, BV, LR, RINA, and more. These are organizations that set rules governing the construction, maintenance, and operation of yachts.

Every boat for sale has an asking price. And for each boat, that’s something that the seller sets, hopefully with the wise counsel of his broker. The $64,000 question (or it could be even more, if you think about it) is this: How do you know you’ve got her priced right?

Or to be more accurate, lack of inventory inspires creativity among boat buyers…

To answer that rather obvious question, procrastination gets you nothing. But to answer it in a much more matter-of-fact way, it gets you far less than that. Case in point, boat insurance…

Brokers working for boat buyers take on many clients, especially around boat-show time. This is their time to step it up, and the research they do and the boats they preview for one client can have the happy coincidence of also aiding other clients in finding a new boat.

Two boaters, at different stages of their boating lives.

How do you start to look for your next boat?

There’s nothing wrong with being inexperienced or new at something, and boating is no exception…

When you are on your boat, you’re in charge. That’s a large part of the appeal of boating and it’s a great feeling, but with it comes great responsibility…

Ever call a broker on his or her cell phone? I do that often, and most of the time I reach them. That’s because the phone is a huge source of business—good brokers know a missed call can sometimes mean a buyer is on to the next boat…

It’s safe to say we all get wrapped up in the “money” aspect of yacht ownership at one time or another: What can I afford? Should I upgrade or stand pat? But real boaters know these decisions are secondary…

The idea of the global marketplace looks great on paper—all the risk of the world is spread all over, reducing the exposure of individuals. And at what cost?

If you’re selling your boat, you need to stay tuned into market conditions, regardless of how exciting everything is down at the boatyard.

A broker recently told me about how his interactions with clients have changed over the years. We were talking about boat buyers and sellers and their relationships with their brokers…
Getting a survey done is a critical part of the boat-buying process: It’s your chance to know what’s going on with the condition of the boat in which you’re about to invest your hard-earned money. How do you find a surveyor that’s right for you?
Better Boat:
The ABCs of Classification
Owners moving from smaller yachts into those over roughly 80 feet will quickly learn a new alphabet: ABS, DNV, BV, LR, RINA, and more. These are organizations that set rules governing the construction, maintenance, and operation of yachts.

Every boat for sale has an asking price. And for each boat, that’s something that the seller sets, hopefully with the wise counsel of his broker. The $64,000 question (or it could be even more, if you think about it) is this: How do you know you’ve got her priced right?

Or to be more accurate, lack of inventory inspires creativity among boat buyers…

To answer that rather obvious question, procrastination gets you nothing. But to answer it in a much more matter-of-fact way, it gets you far less than that. Case in point, boat insurance…

Brokers working for boat buyers take on many clients, especially around boat-show time. This is their time to step it up, and the research they do and the boats they preview for one client can have the happy coincidence of also aiding other clients in finding a new boat.