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1070 Marina Village Harbor, Suite 104 Alameda, CA 94501 • T. 510.523.6730 • F. 510.523.3041

Buying a Pre-Owned Yacht

So you’ve decided to buy a pre-owned boat, and you’re wondering how to begin. Whether you’ve owned boats before or you’re buying for the first time, Farallone Yacht Sales can smooth the process and help you find the boat that is just right for you. Our staff of trained, licensed yacht salespeople is augmented by our own personal experiences on the water. Whether you’re looking to cruise the world or simply sail the Bay, you’ve come to the right place to find your next boat.
  • Our access to reliable multiple listing services can save you time in narrowing the field and finding the boat that meets your needs.
  • Our participation in professional associations and yacht clubs provides the connections necessary to find those boats that are not yet on the market or are not being actively marketed by their owners.
  • We’ll be your right hand advisor when it comes to looking at the boat that interests you.
  • We can help you with the objective information you need to evaluate each vessel.
  • Once the transaction is complete, we have the resources and the contacts you need to get things done on your newly purchased boat.
The Offer Process
Farallone Yacht Sales will partner with you as you make your offer. There are many negotiating factors to consider, including price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment that may arise in surveys. You’ll find our objective, experienced presence a big help when it comes to sorting it all out, preparing your purchase agreement, or countering a seller and managing the escrow.
  • Unlike many brokers, with Farallone, all you need is a completed and signed offer form and a fully refundable $2000 check or cash. This allows us to present an offer on your behalf to the seller.
  • Offers are always contingent upon a successful test sail and surveys. They may also be contingent upon items such as financing or a longer close than usual, but that’s where we come in. We can help you put together your offer, and then we’ll work hard to present it, keeping the objectives of the seller and the buyer both in mind.
  • We try to keep things moving along in negotiations, generally allowing 3 days for an accepted offer, 21 days for surveys and 10 days to close. The sailing community is a close one. Our goal is always a happy buyer and a happy seller.
Arranging the Test Sail and the Surveys
It is important you know how your new boat will sail so as soon as we have an accepted offer, we arrange a test sail. Once that is completed to your satisfaction, surveys are the next step.
Surveys are a critical part of purchasing a preowned vessel, particularly since a hull survey is almost always required for insurance and financing. At Farallone Yacht Sales, we can advise you throughout the process of evaluating the boat you’ve found.
  • We can provide you with a list of NAMS-certified surveyors if you need one.
  • We’ll make the arrangements at the yard for haul-out and get you estimates for the necessary labor.
  • Our good relationships with our vendors can often secure you very competitive pricing.
Closing the Deal
Title indicates ownership of a vessel and it can be mired in a confusing status of past owners or rights of access. If the vessel is a foreign flagged vessel, set up as a corporation, or existing under any number of other special circumstances, our expertise becomes even more valuable.
Although we don’t do the title and documentation search ourselves, we work with highly qualified individuals who will make that part seamless for you. We’ve sold boats out of the state and out of the country, and we’re very familiar with what it takes to title a boat so you don’t have to worry.