In recognition of the need to provide an effective timely way to sell vessels, MarineAuctions.net was founded in 2010 by a group of owners who wanted to find a better way to sell their vessels. Since its formation MarineAuctions.net, have undertaken a wide range of listings both private and from professional brokers on the site including large private yachts, large fishing vessels, motor cruisers, yachts, catamarans and commercial passenger vessels. The focus of MarineAuctions.net is high value vessel although we have auctioned vessels worth under $150,000 successfully.
A Positive Conclusion
A MarineAuctions.net complete marketing program leads to a positive conclusion - this is the Auction process when buyers bid against each other to purchase vessels.
Where We Are
MarineAuctions.net success and the high praise received from clients confirmed the need for a viable alternate method to selling vessels and this has encouraged MarineAuctions.net to expand the business by offering to undertake listings worldwide. The principals of MarineAuctions.net welcome any feedback and they are committed to assisting both seller's and the entire crew at MarineAuctions.net to achieve outstanding results for clients.
Sellers maintain the dominant and controlling position. Seller's set the reserve price.
Advantages of Auctions
1. The auction process is the most positive and effective method of realizing the highest price the market is prepared to pay for a particular boat at a given time.
2. The owner of the boat displays to the public that he or she has a genuine intention to sell and is not just testing the market.
3. Extensive advertising is required whether a sale is by private treaty, tender or by Auction. It is preferable that such advertising should lead to a positive point. This being the Auction, when interested parties must log on and bid to have the opportunity of purchasing.
4. The seller sets a reserve price and can still negotiate with the highest bidder if the reserve is not reached.
5. The boat can be sold "as is" and in its current condition.
6. A major feature of an Auction is that a price is not advertised and the onus is placed on the bidders to out bid the other parties by bidding against each other, forcing up the price.
7. Competition between purchasers on a boat Auction can result in an inflated price being obtained. Only through the Auction process can the competition between purchasers be fully capitalized upon.
8. Potential purchasers of any type of vessel are more inclined to investigate the purchase of a vessel when they believe it is genuinely For Sale as they must invest considerable time, effort and money investigating the suitability of the vessel. Most potential buyers are more inclined to do this if the vessel is offered for sale by Auction.