4 Reasons To Protect Yourself During The Selling Process By Listing Your Boat

Selling a boat in person is just a disaster waiting to happen. Instead of risking it all with such a high-value vessel as a bargaining chip, you should go through the proper channels to ensure that you’re getting your boat’s true value in cold, hard cash. Find out how you can protect yourself by listing your boat to sell on legitimate platforms like those available to you when you go to Sovereign Yachts West Palm Beach!

1. People Will Try And Low-Ball You at the Last Minute

There’s a lot that happens before an in-person meeting. First, you need to find an interested buyer. That alone can take days, and then you need to decide on a time to meet. This is where many people tend to go back and forth due to changes in their fluctuating schedules. Now, imagine going through all of that hassle just for your buyer to try lowballing you at the last second.

This happens more often than you might think. Buyers will show up to the point of sale and start nit-picking every minute detail about your boat, using each little flaw as leverage to significantly cut down your original asking price. Many sellers will cave in just so they can be done with it all and finally cash in a check, but you know very well that your boat is worth way more than that.

2. You Could Be Handed a Fake Check

Say that the entire process goes smoothly and you’re handed a check with an amount that you’re truly happy with. The offer seemed too good to be true, but you’ve been taught to never look a gift horse in the mouth. You take your new check all the way to the bank just to be told that you’ve been given a fake check. At that point, the buyer you met up with can no longer be found because they deleted their account on whatever platform you were communicating on. Now you’re left empty-handed, and you’re down a boat.

Scams like this are, sadly, a very common occurrence. However, scams can be easily avoided if you trust a certified boat seller to handle your boat listing for you.

3. Wishy-Washy Communication Can Drop a Sale

Even if your potential buyer isn’t a scammer, people have been known to give the run-around just to flake and never be heard from again. Many people may inquire about your boat just to ignore your response, or they will be hesitant to provide the information you need to officially carry out the sale because they’re worried about being the one getting scammed. Can you blame them? Whether you’re buying or selling, going through a legitimate platform can offer peace of mind with a safe and enjoyable transaction on both ends.

4. All of the Above Leads to Wasted Time

Arguably the worst part about all of these scenarios is the risk of losing precious time that you can’t get back. You could be spending months trying to find the right buyer with a fair payout when it would be much faster and safer to let a broker take care of your boat listing for you.

Read more > Yacht Sales: FSBO vs Brokerage - Which Is Better?

Let Sovereign Yachts Sell Your Boat In West Palm Beach!

Have a boat that you’re ready to sell? Leave it to your trusted boat sellers at Sovereign Yachts West Palm Beach! We have special access to exclusive platforms for secure sales, and we’ll never accept lowball offers on your behalf without your permission. Meet with our team today to learn more about the process and to get started!