Buying your dream yacht can be a daunting task. As a buyer you are traditionally alone in the process, the brokers all work for the seller so you are at an immediate disadvantage, you versus a seasoned professional. diYachting offer a Buyers Agent service, giving you your very own seasoned professional, to guide and assist you through the complex yacht purchase process ensuring you get your dream yacht at the right price.
• Easy ownership plan (coming soon!)
• New Yacht purchase direct into our managed fleet
• Buyers Agent (advice, assistance and full purchase management for new and used yachts)
• New build project management
• Specification advice
• Equipment sourced supplied and installed
• VAT solutions for purchase and EU import
We have many years experience and are used to talking to brokers, surveyors, certification agencies and the like, we can root out the problems before you even call a surveyor, find good boats and dismiss bad ones saving you time and energy and making sure you end up with a good boat at a good price.
Whether it’s a new or used boat the way it works is simple, you contract diYachting to help you find a boat which will give you the benefit of our advice and assistance throughout the purchase process.
Meeting
We need a preliminary conversation or meeting to work out exactly what you want and need (often two very different things!)
Recommendation’s
With this information in hand we then use our knowledge and experience of the boats and our contacts in the business to scan the market for all suitable boats before we pre select a few that meet your criteria. Many boats we will have visited or know from the past and some we may decide to pre-visit on your behalf. Together we can then sit down and discuss the options available to you and we will make any recommendations.
Visiting Boats
After this we can visit the boats on our short list together and we will answer any of your questions and help you understand the problems and features on each of the boats.
Negotiation
Once you’ve decided which you want to go for and how much you want to pay we can handle the negotiation for you (if you want) and then once a price is agreed we will handle all aspects of the purchase for you, appointing surveyors, carrying out works, sea trial, haul out or spec, yard visits and purchasing extras for a new boat or any pre delivery maintenance and repairs that are needed.
Familiarisation
Then when the boat is delivered we will help you set it up and show you how everything works spending a couple of days with you for familiarisation. We’ll even go sailing with you to make sure you’re completely familiar with your new purchase (skipper costs apply). After this we can then organise delivery to your new home port, if you don’t want to do it yourself and then you’re ready to start the season. If needed we can even then arrange MCA Coding, MLC compliance and UK registration.
Management & Maintenance
Don’t forget after the purchase process is completed we won’t just abandon you, if you want we can seamlessly run this service into one of our Management and Maintenance contracts to keep the boat in tip top condition while you enjoy sailing her alone or perhaps you want a crew from time to time or even full time, that’s no problem too, we can find and hire one for you very quickly and easily. Maybe you want to do some charter, we can make that possible as we have charter completely covered through our in house charter brokerage. We will be there for every step.
Fee
Of course there is a fee for this service, we will charge you 1.5% + Vat of the final purchase price subject to a £5000 + VAT minimum for this service payable up front BUT, the best bit is that if you contract us early enough then we can make all the initial contact with the selling brokers on your behalf and in these instances we will most likely be able to negotiate a commission split with the selling broker for ourselves. If this happens and the commission exceeds our fee, VAT & expenses then this may be enough to cover your buyers agent fee, indeed you may get something back instead! At the end of the transaction we will calculate what we got in commission split, and minus our fee, VAT and expenses then the balance left over we will offer to you to offset against ongoing Management and Maintenance with us, delivery fees, registration and MCA coding fees, or even crew finding fees.
Conclusion
To recap, if you contract us to help you buy one of these boats you will not only end up potentially not paying us anything for our assistance in the purchase but you won’t pay any more for the boat, indeed you will probably end up paying less if we are involved in the purchase and negotiation as we know the true value of the boats and can find out the real bottom line for vendors! The problem comes if there are any boats in our shortlist on which the brokers are unwilling to split the commission with us, perhaps you have contacted them direct in the past or they are only taking a small commission themselves or offering a very small percentage to us! If this is the case then I will highlight this to you from the outset so you know you will need to cover our fee, VAT & expenses (or the balance of the fee, VAT & expenses if there is only a small commission) as this makes a difference to the overall cost of the boat to you. We work for you so there won’t be any hidden commissions, you obviously need to know so you can calculate the overall cost of each boat. If we can get a commission split and you really want the boat then I am sure we can negotiate enough of a price reduction to cover most of this for you anyway.
+44 (0)1702 535258
ahoy@diyachting.co.uk