As a Broker we often talk to people who are beggining to think about selling their vessel and the first question is always " What is it Worth ?" I'm sure that you have all heard that it is worth what somebody is willing to pay for it. While this may be partially true, in my world it depends on a lot of different factors. The following factors help to determine the actual value of the vessel, not necessarily the selling price.

• Condition of the vessel
• Updates and Improvements made to the vessel if it is an older boat
• Size, location and type of vessel for the area where the boat is located
• Urgency of the Seller to sell quickly
• Current debt of the vessel

No one wants to sell the boat for a dollar less than necessary and no one wants to pay a dollar more than necessary and this is where a good professional roker earns our fee. Everyone is entitled to their own opinion that if you talk to enough boaters you will definitely hear a lot of opinions as to value and price of certain vessels.

While the value of a vessel is somewhat up to the Buyer, it certainly helps to have at least a ballpark idea as to the value of your boat. Buyers come armed with the NADA book or another source and they are all different.

To see how we value a vessel please click on the folowing link "SHYS Vessel Valuation Guidelines" to download a PDF file.

To recieve a "Vessel Valuation" on your vessel, please fill in the contact request bellow. Include the following information: