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Is there a difference between yacht brokers and dealers?

April 26, 2017brokers Dealers Yacht

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Is there a difference between yacht brokers and dealers?

1 Answer

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Yes. Dealers sell new boats and represent specific makes. Brokers work to bring a buyer together with the owner of a used vessel. When an owner wants to sell his yacht through the broker network he enters into a listing agreement with a broker of his choice.