Do I Need a Broker to Buy a Yacht?

To most yacht enthusiasts, a yacht broker is only called in when a boat is to be put on sale and the seller is looking for some extra assistance in getting a good deal. To the surprise of many, yacht brokers can be extremely helpful when it comes to purchasing a yacht as well.

If you are in Miami and are looking for a yacht for sale that not only offers the best performance, and amenities, and fits into your pocket, but an experienced yacht broker in Miami is also what you need.

One would wonder – how can a broker help me in buying a boat? Isn’t engaging a broker adding to my expenses? Here are all the answers to the questions you have about hiring a broker and the benefits it can offer.

What Does a Buyer’s Broker Do?

Similar to what a real estate broker does, a yacht broker in Miami will act as your representative and research to help you find the best deal among the yachts for sale in Miami. Most people rely on articles in magazines attend boat shows or check for reviews online before purchasing a yacht on sale. However, the loophole in the process is that a lot of information specifically about the boat in question is missed.

However, a buyer’s broker for mega yachts will research to find out everything about the boat you wish to purchase. The broker will first understand your objective for purchasing the boat and then look at vessels that suit your requirements. With a yacht broker by your side, you can rest assured that you will smoothly sail through all paperwork and background checks before you buy the boat. In short, by hiring a broker, you will be making an informed decision.

How Much Will I Have to Spend on a Buyer’s Broker?

Nothing! Brokers usually receive 10 percent of the sale price, all of which is paid by the seller, unless it involves special negotiations. So, you have a professional who will do all the stressful work for you without charging you a penny. Professional brokers will dive deep, find you the best deal, identify problem areas, and ensure that you make the most of your budget.

What to Expect from a Good Broker?


When hiring a super yacht dealer, look for a professional who belongs to a reliable and established firm. This is because unlike the real estate sector, which is highly regulated, yacht brokers do not usually go through tests or educational degrees. While they hold licenses, it is important that you engage someone who has a considerable amount of experience on the job and links back to a reputed firm.

Comprehensive View of the Deal

A professional broker for super yachts will start by understanding your requirements and taking all critical aspects into consideration before exploring options for you. For instance, costs that go towards dockage, fuel, and even maintenance are overlooked while the buyer is focussing on the purchase amount. A good broker will help you get a clear picture of all the expenses, challenges, and opportunities that will come your way with the purchase of your yacht.

Help You Find the Right Boat

A reliable boat broker can be an extremely useful aide when you are purchasing a yacht. With such a professional by your side, you can rest assured that you will be investing your money on a yacht that meets all your requirements, that all the necessary negotiations happen to your benefit, and that you are not duped in the deal.

Take a Trial

Besides helping you with the paperwork and negotiation, a broker can accompany you for a test ride of the boat and undertake a survey. When a professional takes a survey, you gets a clearer picture of the flaws and the resultant market value.

Need expert advice? Reach out to Miami International Yacht Sales – the most trusted yacht brokers across international markets for the best guidance if you are looking for a yacht on sale!

Let Us Help You Find Your Dream Yacht

Miami International Yacht Sales is one of the most trusted contemporary yacht brokerages in the industry. If you are looking for a new yacht or a yacht on sale, our experts can help you find the best deal. For more information, you can call us at +1-305-857-8939 or write to us at We would love to help you!