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  #1  
Old 06-25-2007
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Question Selling a boat from far far away ......

Hi All,

I'm enjoying reading all of your posts on the entire forum ! Brings back memories of years of cruising before we got stuck on land.
Having done both, buying close and down island, and the down island bit is what I like, it feels like some kind of future cruising. The taste is already there. Buying a boat is half of the fun and exitement. But what in your opinion should I do if I wanted to sell a boat in the Caribbean which happened to drop in my lap?? Any advice on websites?

Thanks for your advice

Carla
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Old 06-25-2007
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Get a broker... have them list it...
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Old 06-25-2007
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No brokers here

Hi Sailingdog,

Thanks for your reply.

That's the problem, here in La Romana Dominican Republic there are no brokers, I'm just trying to help the heirs who live in The Netherlands. Their dad ended his cruising life here.

Thank you,

CB
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Old 06-26-2007
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hire capt Ron & move it to Florida
or at least move it to Puerto Rico
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Old 06-26-2007
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CB-
The answers would demand on:
Where is the boat registered? Flagged? Titled? In who's name, the deceased?

Depending on jurisdictions, in order to sell it the title/registration may not be able to be "simply" transferred, but either executed by the estate (probably requiring a lawyer/notary/etc) or transferred to someone else who can then effect a simpler transfer.

You need to find out the legalities of the ownership, and the governing venue. And then move forward from there. If the market for boats of that type is slow and poor in the DR, then you would probably be better off putting on a crew and sailing it to a better market, where a broker could take care of the entire process--once he was given the correct paperwork to enable that.

So, what are the particulars of the boat, and all that paperwork?
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Hi Hellosailor,

Thank you for taking the time to answer.

The boat is a Valiant 40 from 1979, She carries the Dutch flag (The Netherlands) and is registered in The Netherlands. The title is in the name of the owner and his daughter. I have court papers empowering the daughter to sell the boat and she has given me the power of attorney to sell the boat for her (them). I run the paperwork by the Embassy of the Netherlands here in the Dominican Republic (I am Dutch too and I was contacted by my Embassy to see if I could and would help in this sad situation) and they oke'd the paperwork for me. So........ This is the story in short. There is no market in the D.R. for sailboats at all, the people who can afford a boat, they all want powerboats and buy them in The USA

Thanks again

CB
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Old 06-27-2007
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Is there a better market in any of the Dutch islands? It might be simpler to keep the sale in a Dutch territory, where the authorities are familiar with what will need to be done, then to bring it to the US, where you might get into extra complications reflagging the boat. (Although as I recall, a Valiant was built here in Texas so as long as you have the builder's certificate or other good paperwork, that would be no problem.)

Right now coming north into Florida's Gold Coast market could be a problem since hurricance season is formally open and insuring the boat in that area is problematic. I have no idea how the boat trade goes in the various islands, Puerto Rico might be a good idea, or might be of no advantage, considering it is still a smaller market than the US mainland and still enjoys hurricane season.

North of Florida...there's always Annapolis, a huge market and above hurricane problems. Possibly something in Texas...but getting the boat to a large market AND out of hurricane range, during this sales season instead of over the winter, might be of value.

Needless to say, for any long trip like that, you might have to bring down crew expecting them to do some repairs and refitting before they can sail it away. A bit of an undertaking no matter how you look at it, but Valiant is a good name and I think you'd find buyers in the US without any problem. (Except the usual problem, agreeing to a price.)

Perhaps it would be worth getting a referral to a couple of brokers in Annapolis, and asking their opinion and interest? If you can find someone who "specializes" in Valiant sales, they may even have a customer waiting who would fly down to the DR to check it out. Easier to pay a brokerage fee than to transport a boat!
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If you have the resources to move the boat, it might make sense to move it to an area where you will have higher traffic and sales potential. The Chesapeake is probably a good area to move it to, since it is fairly safe from hurricanes, and has a lot of sailboats for sale in the region, with many more buyers than Puerto Rico or Dominican Republic.
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

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Old 06-27-2007
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Thank you

Thank you Hellosailor for all your advice and suggestions. My gut feeling says that the daughters will feel at ease with your idea of the Dutch Islands and the boat is virtually also out of hurricane danger there. Just need to find somebody who will take care of it there. I've heard a mooring there is around 1200 dollars a year. And maybe there are brokers there, much more sailing activity there.

And thank you Sailingdog. That's the problem, not really any resources available.

So you all don't think the boat is privately saleable through the internet, even for a very good price?

Kind Regards,

CB
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Apparently quite a wide variation in asking prices, way more than I would have expected just based on equipment and condition variations.

Bringing it into the US would also bring you a time limit: You'd need a US cruising permit for the foreign yacht, they expire after 12 months and the yacht must leave the country again to get it renewed. So if there is any refitting that can be done at a good yard en route...maybe that can be used to make sure the work is done outside of your year. Or, you might keep the boat in Annapolis and if necessary, sail it out to the Bahamas in the spring then re-import it into Florida in the early spring, pre-hurricane season.
You'd certainly want to get some photos of condition and detailed equipment lists to discuss how quickly it might or might sell, vs selling price, with someone more familiar with the boat.

"So you all don't think the boat is privately saleable through the internet, even for a very good price?" EVERYTHING can be sold. For a boat in the DR, you've got to make it attractive enough for a buyer to fly down--and accurate enough not to disappoint them. That means a good cleaning and prep, great photos, and accurate equipment list. And, figuring out how those widely varying prices figure in.

IIRC there was some question about resins used in the hulls, and boats from certain years are known to have no blistering problems while others have big problems, so you'd want to verify that and make sure the prospective buyer isn't surprised by a hull survey. And, possibly *not* do any work to the bottom, so they can see the shape it is in now, as opposed to just seeing a blank new bottom job.

Do the daughters know anything about boats? Or have any expectation about value? Is it perhaps at a yacht club, where there are resources who might be of some help?

Last edited by hellosailor; 06-27-2007 at 10:41 PM.
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