If you have ambitions of upgrading your boat ownership stats, then the first thing that you need to do is make sure that you sell your existing vessel for the best possible price in order to give yourself as much value to invest in the next vessel as possible. The second-hand boat market is a large and varied one, so you need to do everything that you can to make sure that your listing stands out from the crowd. With all of this in mind, here are some useful pointers for selling a Coast Guard documented boat, and getting the most value in your upcoming sale.
Prepare The Boat For Sale
Make the effort to restore your boat to the kind of condition that you would like to see if you were the one looking to buy. You want everything to be as clean and well-maintained as possible as this is the best way to attract the eye in a busy second-hand market.
Videos And Photographs Are Useful
Take a good amount of photographs and capture some video footage of the boat, as the more detailed and dazzling you can make your listing, the more attention it is going to get.
Determine The Value
Make the most of the various online resources, as well as some professional advice, in order to come to a figure that you think is reasonable to charge for your vessel. It is important to get this figure right as too high a number will put people off, and too low a number will leave you out of pocket.
List In Various Locations Across The Web
Don’t just list your vessel on a single marketplace site, instead spread your chances of getting attention across a number of the different websites that specialize in the selling and buying of second-hand boats.
Interact With Potential Buyers
Make yourself as open to communication with potential buyers as possible and be eager to answer any questions that they might have in order to hopefully inspire a faster buying process.
Secure The Paperwork
Once an interested buyer wants to take things to the next level, it is essential to make sure that all of the paperwork is completed properly. Dot all of the I’s and cross all of the T’s to ensure that the transaction and transfer of ownership g through without unforeseen and unexpected obstacles. Make sure you have a bill of sale and any regulatory documentation. Paperwork and payment are the final steps, and then you are good to go!
If you are banking on selling a Coast Guard-documented boat in the near future, then you will probably need to utilize the services that something like the US Vessel Registrar can provide. We error-check and process all of the essential vessel documentation and make sure that it is submitted to the proper and relevant departments in good time, which ensures that you can get out on the water with the assurance that everything to do with your selling or ownership is above board!