Selling a boat can take time, but the faster you sell it, the higher the price you’ll get. Boats that stay on the market for more than 60 days usually sell for less. To speed up the sale and keep your profit high, follow these tips.
1. Set the Right Price
Price it too high, and buyers will walk away. Too low, and you’ll lose money. Research the market—compare similar boats, check regional prices, and talk to brokers. Factor in storage and maintenance costs while waiting for a buyer, then set a fair and realistic price.
2. Prepare the Boat
First impressions matter. Wash, polish, and tidy up the boat inside and out. If needed, hire a detailing service—consider it an investment in a faster sale. Make sure all equipment works properly.
3. Make It Visible
The more people see your boat, the better your chances of selling it. Place it somewhere noticeable—by the road if it’s trailerable, or at a broker’s dock if it’s a yacht. Don’t hide your boat; let it be seen.
4. Hire an Active Broker
A good broker knows the market, has the contacts, and manages advertising and client showings. They can handle sea trials and negotiations, saving you time and stress.
5. Sell It Yourself
If you prefer to handle it personally, use platforms like Craigslist or eBay. Write honest descriptions, reply quickly to buyers, and choose between a fixed price or an auction format.
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