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post #1 of 19 Old 3 Weeks Ago Thread Starter
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Puerto Rico Yacht/Boat Broker Recommendations

I'm wondering if anyone can recommend a good, reliable, Yacht/Boat Broker in Puerto Rico that they might have worked with/dealt with in the recent past.

Unfortunately, one of our oldest and dearest friends passed away unexpectedly earlier in the month while his boat was laid-up on a hardstand in a yard in southeast Puerto Rico. The yacht is a fastidiously maintained and well equipped 1986 Beneteau First 42 that he and his wife have been cruising in the EC for that past several years, laying her up at various yards during hurricane season and returning to her and continuing their cruises each winter. His wife is now confronted with having to sell the yacht on top of everything else she has to deal with and it doesn't appear that she wants to deal with the possibility of returning the yacht to the US to do so.

Any recommendations will be appreciated.

Thank you...

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Re: Puerto Rico Yacht/Boat Broker Recommendations

I can't recommend any, but you might have better luck with one of the smaller brokers in St. Thomas. PR is mainly a sport fish boating industry and you would probably not find a broker who is terribly knowledgeable about cruising boats. Any broker worth his cut wouldn't have any problems hopping on a 90 mile plane flight now and then at his own expense to sell a good boat. If they hesitate, find another.

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ďBelieve me, my young friend, there is nothing - absolutely nothing - half so much worth doing as simply messing about in boats.Ē ― Kenneth Grahame, The Wind in the Willows

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Re: Puerto Rico Yacht/Boat Broker Recommendations

She could find a close reliable broker... and then arrange for the boat to be delivered by a crew if a broker can't be found on PR. The broker could likely arrange the delivery.

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Re: Puerto Rico Yacht/Boat Broker Recommendations

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Originally Posted by capta View Post
I can't recommend any, but you might have better luck with one of the smaller brokers in St. Thomas. PR is mainly a sport fish boating industry and you would probably not find a broker who is terribly knowledgeable about cruising boats. Any broker worth his cut wouldn't have any problems hopping on a 90 mile plane flight now and then at his own expense to sell a good boat. If they hesitate, find another.
Iím sure this would depend on what the upside commission might be. If your broker is not the listing broker, by the time they split the fee with the listing broker and their own house, there isnít much left. They probably clear a little over $1k on a $50k sale. The puddle jump from STT to SJU would start at a couple hundred round trip, although, locals may buy these in bulk.


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Re: Puerto Rico Yacht/Boat Broker Recommendations

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Iím sure this would depend on what the upside commission might be. If your broker is not the listing broker, by the time they split the fee with the listing broker and their own house, there isnít much left. They probably clear a little over $1k on a $50k sale. The puddle jump from STT to SJU would start at a couple hundred round trip, although, locals may buy these in bulk.
STT to SJU +$124.00 rt one day.
No guessing or assumptions.

"Any idiot can make a boat go; it takes a sailor to stop one." Spike Africa aboard the schooner Wanderer in Sausalito, Ca. 1964.
ďBelieve me, my young friend, there is nothing - absolutely nothing - half so much worth doing as simply messing about in boats.Ē ― Kenneth Grahame, The Wind in the Willows

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Re: Puerto Rico Yacht/Boat Broker Recommendations

Fellows--

Thank you all for your comments.

At this juncture, I'm just trying to get a sense of what's the best option. If the yacht were my own I would either take her to the VI's; or, bring her back to the US, likely Annapolis but she is not and we're trying to make the best recommendation we can given the circumstances. Moving the yacht to where ever requires launching and recommissioning her, a job that took her late owner a week or two and he knew all of her vagaries. I/We do not so it would be a case of OJT with her systems. The sail to the VI's is/would be a no brainer, BTDT, but slipping her and maintaining her once there would be problematic, particularly if she did not sell reasonably quickly. While a highly desirable yacht, at least to the experienced and more knowledgeable, and well positioned for those that want to cruise the EC, she is, what some would regard as an "old boat" (1986) with older electronics, and for many these would be "problems". If she does not sell during the season, one would then have to deal with re-securing her for hurricane season yet again.

N'any case, we're working on it. I shall look into VI Brokers so if anyone has any suggestions or experience with any there, please post your thoughts.

Thank you...

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Last edited by svHyLyte; 3 Weeks Ago at 09:44 AM. Reason: Correct typo...
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Re: Puerto Rico Yacht/Boat Broker Recommendations

It may be a difficult pill to swallow, but seeing as we are still in the height of this hurricane season and the added expenditures of a prospective buyer having to fly to PR to inspect the boat, it might be best to find a bottom line number and just get out from under the continuing costs and risks of owning a boat the current owner has no further use for.
I was able to get a fantastic deal on this boat because of many factors, not the least of which were the PO needing to pay storage and insurance for another winter with no possibility of ever using the boat again.

"Any idiot can make a boat go; it takes a sailor to stop one." Spike Africa aboard the schooner Wanderer in Sausalito, Ca. 1964.
ďBelieve me, my young friend, there is nothing - absolutely nothing - half so much worth doing as simply messing about in boats.Ē ― Kenneth Grahame, The Wind in the Willows

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Re: Puerto Rico Yacht/Boat Broker Recommendations

I just did a YW search for sailboats under 150k in Puerto Rico and only six came up with several different brokers.

Maybe do the same and contact them?

At some point the boat will likely have to be launched for survey/sea trial.
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Re: Puerto Rico Yacht/Boat Broker Recommendations

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STT to SJU +$124.00 rt one day.
No guessing or assumptions.
I did this exact puddle jump in Feb of this year, with Cape Air. It was closer to $200/rt. I just went on their website to see and they want over $450 right now. WTF? Must be off season pricing or something odd.

Nevertheless, even at the pricing you've received, how often would you incur that expense for the potential of a $1k commission. I don't think it changes my point. Unless there is enough upside, no (smart) broker is going to front that kind of commuting cost.


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Re: Puerto Rico Yacht/Boat Broker Recommendations

This looks like it will sell for a song to someone who is willing to take on the problems and the refits.

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