In today’s market, even well-maintained, properly equipped boats are sitting longer than expected. Some of that is due to the market, economic uncertainty, higher interest rates, etc. It could be that the boat isn't priced realistically for the market. But the problem isn’t necessarily the boat, the pricing, or even the market. Often times, it's the approach being used to market and sell it.

The yacht brokerage industry is filled with myths and misunderstandings that often lead buyers and sellers down the wrong path. From licensing requirements to what brokers actually do behind the scenes, there is no shortage of misinformation — and believing these myths can cost you time, money, and create legal exposure.