How It Works
How It Works
End the back and forth negotiations, operating costs, annual depreciation and disappointment. With a time-sensitive live online auction approach, Boathouse Auctions creates a sense of urgency in an otherwise sluggish traditional yacht market — reducing the sales timespan from months and years to five weeks or less.
We had our nicely maintained 70e Ocean Alexander 2017 listed for almost a year with limited interest and still no offers after a boat show. Once Boathouse Auctions was engaged, we had immediate interest from many qualified buyers throughout the US. As a multiple yacht owner, I was extremely pleased to see the yacht sold on a defined timeline, thereby eliminating carrying costs, at a price I was satisfied to receive.
Jeff E., Seller 70e Ocean Alexander 2017
As a seller, the lack of a pending event plus the extended due diligence a buyer requires creates a buyer-advantaged process. Boathouse Auctions has successfully and politely modified the approach to bring this archaic process into the 21st century. I am thrilled with the result.
Ed L., Seller 75' Molokai Strait 2006
My decision to bring Boathouse Auctions into the traditional yacht marketing program was a great one. In less than 5 weeks, we had over 35 prospects, multiple bidders, and a deadline that created a sense of urgency that helped us quickly close the sale of our yacht at a price we were very pleased with.
Jeff N., Seller 44' Little Harbor Whisperjet 1999
Pacific Provider was on the market for quite some time. We recently reduced the price significantly but still this generated little solid interest. Engaging Boathouse Auctions was a key strategic decision. It shifted leverage from the buyers to the seller as it created a deadline and a sense of urgency. We received multiple pre-auction offers and sold Pacific Provider prior to the auction.
Tom H., Seller 157' Blount Marine 1978
As the carrying costs of larger yachts can be significant, days on market are costly. By offering Altitude Adjustment II through Boathouse Auctions, the finite timeline of the auction process serves as a motivation to prospective buyers and as an asset to owners in terms of time and cost savings.
Craig M., Seller 106' Broward 2006
I praise Boathouse Auctions for leading me to the successful close of the boat I’d never before considered.
Rick G., buyer 58' Vicem 2004
Do you have a vessel or listing that seems to be priced about right but just isn’t selling? Have you had multiple people interested – yet there is a lack of urgency? With Boathouse Auctions, our time-certain approach accelerates the process while eliminating costs to provide an optimal net return. Sell your yacht on your terms and timeline in five weeks or less.
Jack has nearly 30 years of entrepreneurial and corporate experience. He was with Russell Investments for 10 years in their Pension Outsourcing practice, and he previously worked at Gartner, Inc., managing one of their largest global clients, Cisco Systems. Boathouse Auctions is the evolution of Jack’s experience in the businesses of investment and technology. By applying technology to yacht sales, he saw the opportunity to use auctions as a choice for high-net-worth sellers who prefer liquidity on their own timeline. Jack is a graduate of Syracuse University.
Harley has 40 years of experience in finance and operations management in a variety of public and private companies. He holds a Master 100 Ton USCG license, is a US Sailing Cruising and CoNav Instructor, and has logged over 100,000 miles on the water. Harley is a two-time circumnavigator, first with his wife in the mid-2000’s aboard their Hans Christian 41, and more recently with his wife and daughter aboard their Deerfoot 63, Kailani. He graduated cum laude from Princeton University and obtained a Masters in Economics from the Colorado School of Mines.
Peter is active in the industry as a yacht broker as well as overseeing operations of a yacht brokerage firm. Peter has held senior management positions in international sales, marketing, and engineering, as well as serving on corporate boards. He has served as a mentor at the Yale Entrepreneurial Institute, Yale University, and was appointed to the ‘Green Launching Pad Commission’ by the Governor of New Hampshire. Peter is a graduate of the University of Birmingham with honors in physics and minors in mathematics and chemistry. Peter holds several US and European patents.
Chris was born into a boating family and became deeply interested in how boats were designed and constructed. Since the late 1980’s, Chris has worked in the marine industry on everything as shipwright, sparbuilder, rigger, foreman, surveyor, and captain. Chris has raced and cruised tens of thousands of miles, he holds a Master 100 Ton USCG license and is the owner of an Alberg-designed Alajuela 38, which he sails out of San Francisco.