Buyer's Premium
The 8% Buyer’s Premium is Boathouse Auctions’ fee for managing, marketing, promoting, and advertising each auction and is paid by the successful bidder based on their highest final bid price.
Co-brokerage Commission
A brokerage commission paid by the Seller to any properly registered Yacht Broker whose client is the successful Buyer and completes the purchase of the Yacht.
Reserve
A reserve price may be disclosed or undisclosed. If disclosed, it will be stated in each auction listing. If undisclosed, you are welcome to reach out to the listing broker for more information.