Melanie Neale

In the upcoming December issue of Practical Sailor, we look at how a do-it-yourself boat sale can save thousands of dollars that would ordinarily go to a broker. However, for those who are looking to get the best sale price with the least amount of effort, a broker is usually a more sensible choice. If you're thinking about selling your boat soon, here are some inside tips on picking the right broker for you.

Unless the Purchase and Sale Agreement or the Acceptance of Vessel forms specify otherwise, the buyer is responsible for any work that is done...

If you decide to work with a broker, remember that you have options. A brokers fee is always 10 percent upon the sale of the boat, but some offer more services than others for the same price. Brokers asking you for funds up front should be immediately discounted.