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Sell Your Boat

6 Brokers, 2 Offices, 2 Yards and 80+ Years of Experience Working for You

If you’re ready to sell your boat, McMichael can help. We are one of the few brokerages in the country with six full-time, on-site professional yacht brokers and an experienced administration staff working to get your boat sold. Each of our brokers has a personal database of hundreds of boaters and will work hard to find you a buyer. Our sales offices in Mamaroneck, NY, and Newport, RI, cover the most densely populated boating communities in the country. Listing with McMichael means that your boat will be offered on a co-brokerage basis to other firms across the country at no additional cost to you.

Our brokerage support staff handles all the paperwork, from the initial listing to the bills of sale, title abstracts and other due diligence, leaving your broker free to focus on finding a buyer. 

We have listings from New Jersey to Rhode Island and routinely close deals with buyers from around the world. In addition to print advertising and direct one-on-one marketing to our existing clients, McMichael has a large presence in the online boat market.

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MCMICHAEL WINTER STORAGE REBATE PROGRAM

McMichael offers a Winter Storage Rebate Program for brokerage clients that want to sell their boats over the winter. Our brokerage display is the best way to maximize your exposure in the marketplace. By offering “One Stop Shopping” to prospective buyers, your boat gets shown far more often, and to a much broader range of potential buyers. It is quite common for us to sell a client a boat in our display that was not even on their list until we invited them aboard.

The Winter Storage Rebate Program is available to qualifying listings selling for $100,000 or more. Boats over 42’ are taken on a case-by-case basis due to hauling constraints; contact a broker.

The Winter Storage Rebate applies to the standard rate of $67.00 per foot. Additional services, including decommissioning and commissioning, are not eligible for the rebate. Prior to hauling, McMichael mechanics will winterize engines, heads, electronics, and water systems. Flat rate winterization charges apply and are payable within 30 days of completion. If you have not received the complete Winter Storage agreement, please contact your broker or service@mcmyacht.com.

If the vessel is still on the market in the spring, there are two options:

  • Launch boat for your personal use – McMichael will honor the rebate if the boat is under agreement within 30 days after launch
  • Leave the boat on-the-hard; if all winter billing is paid in full, summer storage is at NO CHARGE through Sept. 15th.

McMichael reserves the right to ask you to remove your boat from our yard after May 31 if the boat is not priced competitively in the marketplace.

Rebate amounts:

Commission to McMichael

Winter Storage Rebate Level

   $10,000 - $14,999

10%

   $15,000 - $24,999

40%

   $25,000 - $31,999

60%

   $32,000 or higher

100%

 

Note: The rebate is based on the net commission to McMichael, which can be reduced to 5% if the boat is co-brokered with an outside firm (i.e. another brokerage firm is acting as the buyer’s broker). Winter storage must be paid in full; the rebate will be paid by check after closing. 

Contact McMichael if you would like an electronic version of the Winter Storage Rebate Program sent to you.

 

McMichael Summer Sales Plan

Arrival Date: May 1 to September 30
(All boats must be listed with McMichael Yacht Brokers as Central Agency Listings)
 
Cost $20.00/ft. Includes hauling for land display or space at our brokerage float (at our option), bottom pressure washing and blocking. Boats in the water will not be run or used other than for a sea trial with owner permission prior to each sea trial. (Severely fouled bottoms will be charged T&M)
 
Boats not under contract by October 15 will be launched at no charge or they may stay for winter storage at prevailing rates. If you stay for the winter, a $5.00/ft. credit on the winter storage charge will be given when the reservation is received with a $400 deposit prior to October 15.
 
Boats under contract on October 15 must leave the yard prior to October 31 to avoid winter storage charges.
 
Contact McMichael today to include your boat in the Summer Sales Program.

 

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