YachtListings
← All Guides

Handling Offers and Counter-Offers

The Broker's Job in a Negotiation

An offer is not a price. It is a price attached to a deposit, a survey window, a completion date, a delivery location and a list of what is included — and any one of those can be worth more to your seller than the number on the front page. A broker who negotiates only on price is leaving most of the available value on the table.

Your job is to keep the deal moving, keep both sides informed, and make sure that what is agreed is written down before anyone relies on it.

Get the Offer in Writing, Every Time

A verbal offer is a conversation, not an offer. Before you take anything to the seller, have it in writing with at least:

  • The offered price and the currency.
  • The deposit amount, and where it will be held.
  • Whether the offer is subject to survey, sea trial, finance, or the sale of another boat.
  • The survey window — how many days from acceptance, and who pays for the lift.
  • Target completion date and the place of delivery.
  • What is included and what is excluded, especially the tender, outboard and any electronics the owner may consider personal.
  • An expiry — a date and time after which the offer lapses.

In most jurisdictions this belongs on a purchase and sale agreement rather than an email, precisely because those terms need to be the ones that survive.

Present the Offer Properly

Unless your listing agreement says otherwise, present every offer, including the one you find insulting. Suppressing an offer is one of the fastest ways for a brokerage to lose an owner and, in some jurisdictions, its licence.

Present it with context rather than commentary: what the boat has done in the market so far, how the offer compares with the comparable sales you used to set the price, and what the non-price terms are worth. An owner who is told only "they have offered eight per cent under" will react to the eight per cent. An owner who is told "they have offered eight per cent under, cash, no finance condition, survey inside two weeks, completing before the boat's insurance renews" is being asked a different question.

Qualify the Buyer Before the Seller Commits

Accepting an offer takes the boat off the market. Before that happens, know:

  • Whether funds are available now or dependent on a sale or a loan, and how far any finance application has progressed.
  • Whether the buyer has seen the boat in person. An offer from someone who has only seen photographs will usually be re-negotiated after the viewing.
  • Who the buyer actually is — the individual, or a company yet to be formed. This matters for the contract and for your anti-money-laundering checks. See compliance basics.
  • Whether they have a broker, and whether the co-brokerage split is agreed.

Counter-Offers: Move One Thing at a Time

The most common mistake is countering with a price alone. If the gap is €15,000, there are usually three or four ways to close it that cost the seller less than €15,000:

  • Include equipment the seller was going to remove anyway.
  • Move the completion date to before the next berthing or insurance payment falls due.
  • Split a haul-out or a specific piece of remedial work rather than reducing the headline price.
  • Accept a larger deposit in exchange for a shorter survey window.
  • Deliver the boat, or leave her where she lies, whichever the buyer values.

Keep every counter-offer in the same written format as the original, with its own expiry. And keep a version history: after three rounds, neither side reliably remembers whether the liferaft was in or out.

After Survey: the Second Negotiation

Most yacht deals are negotiated twice, and the second time is harder because both sides now feel committed. When the survey report lands:

  • Separate the categories. Safety-critical defects, items requiring immediate work, and normal wear for the boat's age are three different conversations. A surveyor's list of forty observations usually contains four that matter.
  • Get quotations. "The rigging needs replacing" is a negotiating position. Two yard quotations are a number.
  • Anchor on what was disclosed. A defect already stated in the listing is not a discovery, and should not be re-priced. This is the return on disclosing early.
  • Offer the seller the choice between doing the work and reducing the price. Some owners would rather fix it; most would rather discount it.

Where the parties agree a partial remedy, record it as a formal acceptance with an allowance rather than a handshake — the amount, who does the work, and by when.

Rejection and Withdrawal

A buyer who walks away after survey is exercising a right they paid a deposit for. Handle it cleanly: a written rejection, a written instruction on the deposit, and a prompt release from the client account under the terms of the agreement. A broker who is slow or vague with a returning deposit acquires a reputation faster than one who is slow with anything else.

Then go straight back to the market with what you learned. The surveyor has just handed you a free condition report; use it to fix the listing and to price the boat honestly for the next buyer.

Keep the Record

Every offer, counter-offer, acceptance, survey allowance and withdrawal should exist as a document, dated, with the parties' signatures where the step warrants it. Six months later, when someone asks whether the tender was included or when the survey window actually started, the answer needs to be a file rather than a recollection.

Summary

  • Take every offer in writing, with deposit, conditions, dates, inclusions and an expiry.
  • Present every offer, with context rather than opinion.
  • Qualify the buyer's funds and identity before the boat comes off the market.
  • Counter on terms, not only on price — several of them cost the seller less than the cash.
  • Treat the post-survey round as its own negotiation, backed by quotations.
  • Document every step; the second negotiation is decided by the record of the first.

On this platform an offer is a contract prepared from a template, filled from the deal's own data, signed electronically by every party, and versioned — so the record above is a by-product of doing the work rather than extra admin. See what the platform does for brokerages.

Next in this categoryPhotographing and Documenting a Yacht →