A new way to shop for a yacht is here. Boathouse Auctions announced its new yacht multiple-listing website, which helps speed up the process of buying or selling a boat.
Some high-quality boats spend up to a year on the market, while some more than 80 feet sometimes see multiple years, according to YachtWorld.
“Our premise is straightforward: If an owner knows their bottom line, as they typically do, why not bid the price up from there?” says Peter Amos, co-founder at Boathouse Auctions. “Rather than chasing a market in hopes of finding a single prospective buyer over a long period of time in a process that could have little urgency, why not consider an auction where prospective buyers compete over a six-week period?”
Check out the new site here, BoathouseAuctions.com.