Please select your home edition
Edition
Barz Optics - Kids range

Boat buyers and sellers benefit from working with MBA brokers

by Creating Demand on 30 Jul 2012
Marine Brokers Association Members go the extra yard for their clients Creating Demand
With the Sydney International Boat Show starting this week, now is the time that the Sydney boating market starts to heat up for both buyers of new and pre-owned boats, and sellers of second hand vessels.

Members of the Marine Brokers Association also take this time to inform the boating public of the benefits to buyers and sellers of dealing with a BIA MBA Member, to help achieve their ideal outcome.

When it comes to buying a new boat, Paul Miletta from Q7 Marine at Cabarita Point offers a buyer’s advisory service for those that may be new to boating.

'We basically hold our clients hand helping them to understand first and foremost what type of boat is suitable for them, then we help them undertake a thorough review of the options available and even assist with negotiating the right price', says Paul.

'And for those clients a little more experienced, we still recommend you do your research, talk to your local MBA Broker about the type of boat you’re looking for, talk to your friends for advice and tips and ensure you include the whole family in the decision making process.'

When it comes to selling your boat, Michael Joyce from R Marine Sydney suggests that it’s even more important to work with your local Marine Brokers Association Member to ensure you achieve the desired result.

Michael says, 'It can save a lot of time, heartache and cost if you engage the services of an MBA Broker to help sell your boat. We have the experience and team who are dealing in boats every day, plus we already have clients visiting our dealerships and reviewing our regular marketing, so we’ll deliver more prospective quality potential purchasers'.

Michael also offers a few tips for those that might like to go it alone. Firstly do your research to check what competition is out there. Prepare all of your relevant documentation and clean, detail and de-clutter the boat removing personal items. Look at what online and print media options are available for advertising and set a budget, then sit and wait for the phone to ring.



The recent update of Australian Consumer Law relating to Marine Sales and Service introduces more protection for purchasers. On review of the update to the laws, MBA Members reviewed their stock listings to ensure that their listings held no surprises for potential purchasers. The law outlines that the sellers are to ensure that goods are of acceptable quality, match the description given to them, fit for their disclosed purpose and free from undisclosed securities and charges.

Rod Williams from Berowra Waters Brokerage reviewed his listings and found a number of boats that he just wasn’t happy to promote. 'We, like most MBA Brokers, like to ensure all of our listings are of the upmost quality for our purchasers, and on review of the new laws we decided to delist some boats as they just weren’t up to scratch,' said Rod.

'Consumers can take a lot of comfort in knowing that a boat they purchase from an MBA Member will have been stringently checked and tested, and that they only stock high quality listings.'

For more information visit www.q7marine.com.au or www.rmarinesydney.com.au

Naiad/Oracle SupplierZhik Yachting 660x82PredictWind.com

Related Articles

Marine Resources expands Boatbuilding Team with two key appointments
Marine Resources have recently expanded their in-house boatbuilding team, with the addition of two new key members. Leading leisure marine industry and luxury yacht recruitment specialists Marine Resources have recently expanded their in-house boatbuilding team, with the addition of two new key members.
Posted on 16 Mar
Southern Spars takes to the air with new composite engineering project
One of the challenges for companies who have had their roots in the marine industry is diversification beyond that field One of the challenges for companies who have had their roots in the marine industry is diversification beyond that field. Moving into the composites engineering for non-marine projects is becoming a more common occurrence as clients realise the opportunities from utilising the expertise of composite boat and spar builders.
Posted on 8 Mar
New Xperformance - Optimising the cruiser/racer range from X-Yachts
X-Yachts have built a wide range of 'Cruiser/Racers' as well as dedicated racing yachts which have won many Intl titles Since the company was founded back in 1979, X-Yachts have built a wide range of 'Cruiser/Racers' as well as dedicated racing yachts which have won many famous International titles, and of course One Design Class yachts such as X-79 and X-99
Posted on 14 Feb
World Sailing unites Kiteboarding governing bodies
World Sailing has today signed a landmark agreement with the IKA and the GKA to unite the kiteboarding community World Sailing has today signed a landmark agreement with the International Kiteboarding Association (IKA) and the Global Kitesports Association (GKA) to unite the kiteboarding community and provide clarity of kiteboarding's governance structure.
Posted on 13 Feb
On board interview with Lisa Blair - solo Antartica circumnavigation
So far, Lisa is tracking very well in her attempt to become the first woman to sail solo around Antartica. So far, Lisa is tracking very well in her attempt to become the first woman to sail solo around Antartica. After the setbacks of a delayed departure due to gremlins in the electronics, we are delighted to have these answers from her on board. She is well and enjoying her time. Climate Action Now, her Hick 50, left Albany in Western Australia on January 22, 2017.
Posted on 8 Feb
The price of legacy
Malcolm Page OAM, two-time Olympic Gold Medallist, became the Chief of Olympic Sailing for the USA on January 1 Malcolm Page OAM, two-time Olympic Gold Medallist (470) with Nathan Wilmot in 2008 and Mat Belcher in 2012, became the Chief of Olympic Sailing for the USA on January 1 this year. In and of itself it is hardly the freshest news, and well and truly yesterday’s fish wrapper. It was also a wise choice on behalf of Team USA, for he has succeeded in both the physical and commercial arms of our sport.
Posted on 5 Feb
Zhik becomes Official Clothing Partner to the Extreme Sailing Series
Extreme Sailing Series™ has established an exciting new partnership with the high-performance clothing brand, Zhik. As it enters the 2017 season, the Extreme Sailing Series™ has established an exciting new partnership with the high-performance clothing brand, Zhik.
Posted on 2 Feb
World Sailing headquarters to relocate to London
World Sailing's headquarters will relocate from Southampton to central London, UK in late summer 2017. World Sailing's headquarters will relocate from Southampton to central London, UK in late summer 2017. The selection of London as the new home for the International Federation comes after an extensive evaluation process of possible locations undertaken since the election of a new President and Board of Directors in November 2016.
Posted on 1 Feb
Henri Lloyd join forces with FAST40+ Class
Henri Lloyd is delighted to announce their three year partnership with the FAST40+ Class. Premium British marine and lifestyle clothing brand, Henri Lloyd is delighted to announce their three year partnership with the FAST40+ Class.
Posted on 1 Feb
Tawera takes the NZ Millennium Cup 2017
The Ron Holland designed and impeccably sailed, Tawera, again dominated a lengthier 27nm course on Day 3 of racing The Ron Holland designed and impeccably sailed, Tawera, again dominated a lengthier 27nm course on Day 3 of racing, taking line honours for a third consecutive day, bringing home the NZ Millennium Cup 2017. Coming into the final day of racing, Pacific Division competitors, Antaeus and Steinlager 2, were tied on points. Rumours of an extensive tactical defence strategy to retain the Pacific
Posted on 1 Feb