Boathouse Auctions

Boathouse Auctions was built solely as an online auction platform for high-quality yachts. The approach combines the benefits of traditional brokerage with the added value of time certainty and the competition and urgency created by an auction. We eliminate ongoing carrying costs by bringing buyers together, at the same time, to accomplish in weeks what quite often can take many quarters or years. In partnership with the listing brokerage, vessels are marketed extensively. The role of the broker remains unchanged and there are no fees placed on sellers from Boathouse Auction. Buyer due diligence is conducted during a four-week preview period followed by online bidding shown in real-time. Prospective buyers qualify to bid by placing a deposit into escrow. The sale to the highest bidder is final and unconditional, and closing is conducted in 30 days or less. Boathouse Auctions brings the market to sellers and is paid a Buyer’s Premium from the successful buyer.