Z-Worthy
Active Member
I’m ready to sell our freshwater 1997 400DA with CATs, and I’m struggling to justify the seemingly-standard 10% sales commission with a broker. I understand that a broker has costs and overhead and time, but $11-12k seems steep for a roughly $110k-$120k vessel. So I’m considering listing it myself on the various websites and forums, but I’m concerned with the complicated process of USCG documentation and dealing with a buyer obtaining a loan. Is it possible to find a buyer, agree on a price, then simply pay a broker or an attorney to handle all the “paperwork” items involved? Do brokers do this? Or should I just suck it up and pay the 10% and hope the broker is capable of pulling a higher selling price than I could on my own?