What Is My Boat Worth?
A written valuation from what comparable yachts actually closed at, with the comparables attached so you can check the reasoning. Free, confidential, back within two working days, and no obligation to list afterwards.
The method
How the Number Is Reached
Shown rather than claimed, because the whole argument for a broker’s valuation over an automated one is that you can check it.
- 01
Comparable closed sales
What hulls like hers actually sold for on the MLS, not what similar boats are currently asking. Asking prices are public and closed prices are not, which is exactly why the closed ones are the half that matters.
- 02
Adjusted for her specifics
Engine hours against her age, refit history, equipment, layout and where she lies. Two boats of the same model and year routinely value ten per cent apart on these alone.
- 03
Read against what is listed now
What she would be competing with today, and how long those boats have been sitting. A correct number in a crowded field is a different number from a correct one in a thin field.
- 04
Written down, with the comparables
You get the boats the number came from, so you can see the reasoning and argue with it. A valuation you cannot check is just an opinion with a decimal point.
What moves it
Six Things That Change the Figure
Lifts it
Records that answer questions
A complete service log and a folder of invoices removes a buyer's doubt, and doubt is priced. The cheapest thing an owner can do for their number.
Lifts it
Hours that suit her age
Light use for the size and the years. Judged against her cruising history, not against one threshold.
Lifts it
A recent cosmetic refresh
Upholstery, canvas, gelcoat. It does not add its cost to the price, but it removes the deduction a buyer makes in their head, which is always larger.
Costs you
Deferred maintenance
The largest destroyer of value in this market. A surveyor sees it in an afternoon and the discount exceeds what was saved.
Costs you
A crowded model year
Several of the same boat listed at once. Good for a buyer; it caps what yours can ask.
Costs you
Personal specification
Unusual colours and bespoke layouts narrow the pool of buyers, and a narrow pool is a slow sale at a lower number.
Straight answers
Before You Ask
The comparables come from the market, and the experience comes from the 30 boats we have closed.
(954) 560-2811Is the valuation really free?
Yes, and there is no obligation to list afterwards. Owners deciding whether to sell deserve real pricing data before they decide, and a brokerage that will only tell you what your boat is worth once you have signed with them is telling you something about itself.
How is this different from an online estimate?
An automated estimate works from asking prices and a depreciation curve, because that is the public data. We work from what comparable hulls actually closed at on the MLS, then adjust for her hours, her refit history, her equipment and where she lies. That is why the report comes with the comparables attached, so you can see which boats the number came from rather than taking it on trust.
How long does it take?
Two working days for a written valuation. If you want a number on the phone the same day we can usually give you a range, but the written report is the one worth having, because it shows the working.
Will you just tell me what I want to hear?
No, and you should be wary of anyone who does. Any brokerage can put a high number on a listing; only the market can pay it, and the boat that starts high is the boat still listed a year later with her days on market showing to every buyer. We would rather lose the listing than win it with a figure we know is wrong.
Do I have to sell?
No. Plenty of the valuations we write are for insurance, for an estate or a divorce, for a refinance, or simply because an owner wants to know where they stand. It is confidential either way.
What if she is not in Florida?
Still fine. The closed-sales data is national and we sell boats lying all over the country and beyond. Where she is affects the number, and it is one of the adjustments rather than an obstacle. Tell us where she lies and it goes into the working.