Start with a brokerage firm with a waterfront office
and their own docks. This will allow you to leisurely go through many boats at the same stop to determine exactly what you
are looking for. Choose a Broker with a thorough knowledge of boats and one who is capable of advising you on everything from
construction materials to the management and operation of the boat.
Since the American dollar is currently much stronger than the Canadian dollar, many American boat
buyers are looking north at Canadian listings and the Broker you choose should also have experience in selling and transporting
boats to and from Canadian waters. Even more important, your Broker should have a clear understanding of the international
tax and duty liabilities for each purchase. While a comprehensive knowledge of boats is necessary, a Broker should also have
two other attributes as well. They should be a skilled negotiator to get the best deal possible for you and have a solid business
background to deal with the intricacies of both domestic and international transactions.
Another very important benefit of working with a Broker is to have an intermediary
between you and the sellers. This minimizes your anxieties and neutralizes any negative effects personalities may have on
After the sale, your Yacht Broker can also provide you invaluable services like advice on future
maintenance, demonstrating your new boat’s equipment and comprehensive on-water training.
your local Yacht Broker also locks in their local sales tax rate for any boat purchase elsewhere. For example: when you purchase
a boat in Seattle or Tacoma you pay the 9.7% sales tax unless you enlist the services of a Gig Harbor brokerage to represent
you in the purchase of the same boat. Then the sales tax will be based on the local Gig Harbor sales tax rate of 8.5%, which
saves you $1200 per every $100,000 of purchase price.
Also, choose a Yacht Broker with membership in one
of the two regional marine associations, Northwest Marine Trade Association (NMTA) or Northwest Yacht Brokers