Want to sell your used boat? NETBOAT explains the process from A to Z!
Step 1: Valuation of Your Boat
Our years of experience and our online tools allow us to determine the market value of your boat. Using the comprehensive inventory we’ll have compiled in close collaboration with you, we’ll assess your boat’s condition and level of equipment. Next, we’ll compare sales of the same boat model (from the past two years) and current listings to calculate an average price.
-For this step, don’t forget to provide us with your identification documents and the boat’s paperwork!
Step 2: Determining the Asking Price & Signing the Power of Attorney
Based on the market analysis, we work with you to determine a net selling price. This is the amount you will receive upon the sale of your boat.
We draft a sales agreement, an important tool for organizing and formalizing the sale of your vessel. This document protects the seller’s interests by clearly establishing the terms of the collaboration and the obligations of each party.
Important: Whether it’s an exclusive or non-exclusive sales mandate, you may sell your boat on your own by listing it on your preferred platforms (e.g., Le Boncoin).
Step 3: Listing Your Boat on Various Platforms
NETBOAT will list your boat on various platforms: the NETBOAT website, Yacht World, Band of Boats, Multihulls, social media, and office posters. A YouTube video will also be produced to promote your boat.
An advertising budget (funded by NETBOAT) will be allocated to it for the entire duration of the contract.
Step 4: Requests for Information
NETBOAT will send you all the information about your boat. Viewings are conducted with the broker (in-person or via video call).
Step 5: Signing the Preliminary Sales Agreement
Once we have reached an agreement with the buyer, the buyer pays 10% of the boat’s price as a deposit and signs a preliminary sales agreement. This document is binding on both parties and sets out the key dates for the transaction (inspection, down payment, acceptance of the boat, etc.).
Step 6: Boat inspection and acceptance
A marine survey provides a precise and detailed assessment of the boat's condition before sale. The survey is fully paid for by the buyer (surveyor fees and haul-out at the dry dock). Following the survey, the buyer has 7 days to accept or reject the boat. NETBOAT handles the organization of the survey and the boat's removal from the water.
Step 7: Boat Acceptance and Bill of Sale
Once the buyer has accepted the boat and made the final payment, the bill of sale is signed . This is the legal document that formalizes the transfer of ownership. We then assist the buyer with the vessel registration process.
If you would like to sell your boat in Martinique or Guadeloupe, please contact us: info@net-boat.com !