Contract For Selling Boat: Fill & Download for Free

So you allowed an employees spouse to borrow a boat. Before involving insurance is the cost of treatment an amount you can afford? If it isn't then and only then should we be looking at insurance. Reporting a claim can have negative consequences.On the other hand your business insurance states that you have a responsibility to report a loss as soon as you reasonably can. There are several possible ways your policy can pay out.

The sale is not valid until money and title is transferred; that the boat is currently moored in a location that the buyer cannot keep it is immaterial. When title changes hands, the buyer will need to find another location for the boat, per the club regulations.

I went to work one morning and resigned. I was the General Manager of an Engineering Company. It was hot dusty and I could not see the sea. I sold my home and bought my brokerage which became Sydney Boat Sales.I had no experience at all but I know Engineering and Engines. My first job in Australia after emigrating from the U.K was as a Boat Mechanic for 12 months. I also owned my own Yacht. I became a very successful Boat Broker.My advice would be to work as a Boat Broker for somebody first. It is a very technical job and one that if not carried out professionally could cost a lot of money and endanger lives. You will need boating experience. It is an essential requirement.Taking charge of a 80′ Power boat or 50′ yacht on a windy stormswept day is not for the faint-hearted. It requires a lot of skill.Technical knowledge sells boats. Trying to sell boats on the dream of champagne with the sun going down will only turn buyers away.Most boat buyers have worked hard to earn their money and they want to know how to spend it on a boat without burning it.For first-time boat buyers buying a boat is a daunting experIence. They will appreciate a professional approach.You will need to be skilled in the art of negotiation. It is a real skill. It has to be a win win.If all you want to do is sell new Yachts then you will have to be a finance expert and have somebody to test and value the trade in.You must be 100 percent honest. You will be dealing with large amounts of money.I once had one of the Directors of a major Sydney Trucking Company deposit one million dollars into my bank account. I had to verify the ownership of a large Motor Yacht his company was buying and process the paperwork for them.Another time the Northern Territory Police who were buying an Offshore Motor Boat from me for $430,000 paid for it twice!Good boat brokers rely on their reputation. Boats do not sell everyday so you must be prepared for the ups and downs. I was very successful but I worked at it.Location is vital as is being on the waterfront. It is a great lifestyle profession that like all professions requires in-depth knowledge and dedication. There is only one way to do a job - the right way.To own and operate your own brokerage you will probably need a licence.In Sydney I was the first Chairman of the Marine Brokers Association. You will need to join an Association.You will need to present well and have a phone system that provides client satisfaction when you are berthing or mooring a boat. You will only get one chance to sell a boat. On any day there are not thousands of people walking around with 000’s of $ to buy a boat. Follow-up is King. When it is wet and the nights are drawing in is when you follow-up both buyers and sellers.Tip: There is only one price for a boat. The price that the market is prepared to pay.You will sell your biggest boats in the winter when people who own businesses have time to look around.Tip: If somebody walks in on a wet day and has made an appointment - he is buying a boat.Extra Tip. When a couple walk in talk to both of them not just the male.Xtra Xtra Tip: You will need a money float. Do not buy a brokerage if all you can do is just afford to pay for it. Desperation does not sell boats.Staying in Business Tip: Always verify ownership and outstanding loans- even on new Boats. Importers can go into liquidation overnight. Do not sell a boat without a signed contract by the owner and an acceptance when the offer is agreed upon.Final Tip: If the boat is not the right choice then tell him/her. There is no point in selling a person the wrong type of boat. Most boat owners will only own 2 -3 boats in their whole life. If you act professionally they will never use anybody else.Final Tip of all Tips. Buy the best brokerage not the cheapest one.King of all Tips. Never sell a used Yacht without a survey by an Independent Surveyor.Obviously there is a lot more to being a boat broker but it is a very enjoyable and at time exciting lifestyle.